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Showing posts with the label Saving Money

Personal Finance Basics: Saving (How to Save Money?)

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  Why do people save? Too often, it’s just "what's left over." For a steward, saving is intentional . It's deciding that future needs are more important than current wants.  Saving is prudence. Scripture warns against the foolishness of squandering resources today without planning for tomorrow (Proverbs 6:6-8, Parable of the Talents). Saving is taking ownership of your future provision.  Scripture also warns against saving and investing without being rich toward God with our finances Luke 12:13-21. We have seen how God has provided us an income and we want to wisely consider the expenses that we have chosen to use these finances for and now we have a surplus.  What are we to do with these finances? This is when saving rightly comes in. How to Save Money: Making it Non-Negotiable The biggest myth about saving is that it happens automatically with whatever cash is left over at the end of the month. That approach simply doesn't work because discretionary spending alw...

6 Practical Ways to Spend Less and Create Financial Margin

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Feeling like you're living paycheck to paycheck? The secret to building wealth and reducing financial stress isn't always about earning more; it’s about creating financial margin —the space between what you earn and what you spend. By taking control of where your money goes, you can align your spending with your values and start working toward your goals. Sometimes it seems that God’s financial provision for us isn’t constantly growing larger and larger and we need to be wise about how we spend these resources.  If you are not regularly receiving raises at work and extra income for side jobs or business isn’t a possibility in this season of life, you may want to consider how to save money by spending less on your everyday expenses.   In Genesis 41: 34-36, we read, “Let Pharaoh proceed to appoint overseers over the land and take one-fifth of the produce of the land of Egypt during the seven plentiful years. And let them gather all the food of these good years that are comi...