Loading...
Menu

Wealthy Christians A 30 Day Devotional on Wealth in the Bible

Wealthy Christians

A 30 Day Devotional on Wealth in the Bible

Christine Meunier

Wealthy Christians A 30 Day Devotional on Wealth in the Bible

by Christine Meunier

National Library of Australia Cataloguing-in-Publication Data

Meunier, Christine

Wealthy Christians

1st ed. 2017

No part of this publication may be translated, reproduced, or transmitted in any form or by any means in whole or in part, electronic or mechanical including photocopying, recording, or by any information storage or retrieval system without prior permission in writing from the publisher.

Cover design by Christine Meunier
Cover photos with thanks to MaxPixel and Pixabay

ALL RIGHTS RESERVED © 2017 Christine Meunier

Wealthy Christians

This is a short booklet that has been designed to guide and bless you in your financial lifetime! At the end of reading this book, you should be able to:

*
p<>{color:#000;}. Recognise the value of being a wealthy Christian and how it can impact God’s kingdom for good

*
p<>{color:#000;}. Put into place a consistent savings plan and watch your savings grow

*
p<>{color:#000;}. Identify ways to cut down on spending

*
p<>{color:#000;}. Identify ways to increase income

*
p<>{color:#000;}. Recognise ways to consistently bless others

This eBook has been set up in a formulaic way and it spans 30 days worth of reading. Each day will cover a different topic or concept. It will be broken up into a title and bible verse, exploration of the title, my prayer for you, your prayer to pray and one actionable idea. That’s it!

I have made this eBook as cheap as possible because I feel it contains information that can help so many people to get on top of and make their finances work for them. And in turn, they will then be able to go on and bless many others.

I am extremely passionate about what finances can do and how we can do so much more for God if we’re on top of our finances, earning more than we need and aware of how we can use it to make a positive impact.

A disclaimer – I do not have any financial qualifications and should not be seen as a financial adviser. Instead, I am someone who is passionate about being a good steward of my finances. I recognise that God has blessed me with the opportunity to earn and I see what my money can do to improve my life, my family’s and people around me in need. If ever you are in need of financial assistance or advice, please seek a professional’s help.

Many blessings,

Christine Meunier

Wealthy Christians Day 1 – Abundantly Blessed

Proverbs 10:22 – ‘The blessing of the Lord makes a person rich, and he adds no sorrow with it.’

It’s worth starting this course by acknowledging one thing first: for every person who has accepted Christ’s death on the cross as something done personally for them, they are already so incredibly blessed. Knowing and accepting the saving grace of God provides you with an incredible thing – an eternity with God.

That said, did you know that God wants His children to be abundantly blessed? God wants so much for us as His beloved children.

In light of this, I personally believe that wealth is not a bad thing for a Christian. In fact, far from it! It makes sense to me that Christians should work hard to educate themselves in the area of finances. As we learn more and implement what we have learned, we are able to generate wealth. This in turn leads to the possibility to give more to causes that God is passionate about.

Some other words for abundant include plentiful, copious, rich, lavish.

Other words for bless include consecrate, make holy, make sacred, purify.

So! God wants His children (you and me) to be set apart for Him, to be different to the world and recognised as His. He also wants us to have more than we need, so that we can share. How can we do this? By showing the characteristics of God to others. I believe we can do this with wealth that we acquire by giving, being generous and loving others with our finances.

It is my prayer for you:

*
p<>{color:#000;}. That you will understand how much God wants to bless you so that you can go on to bless others!

*
p<>{color:#000;}. That you will be able to apply the principles and concepts discussed in this devotional and see your financial situation consistently improve!

*
p<>{color:#000;}. That you will see how much of a positive impact on this earth Wealthy Christians can make.

Today’s prayer:

Lord I thank you that you love me so very much, that you desire to see me abundantly blessed. I pray that you would help me to grasp this concept and its truth so that I can be motivated to live each day to its fullest.

Actionable ideas:

Start saving today. Do a little research online or contact your local bank and set up a savings account. Then schedule a set amount of money (e.g. $1/day) to be transferred from your main account to this savings account daily or weekly. Every day that it’s in savings, it is working for you by earning interest that gets paid out – generally monthly.

[][] Wealthy Christians Day 2 – The Introduction of Work

Proverbs 28:19 – 20 – ‘He who works his land will have abundant food, but the one who chases fantasies will have his fill of poverty. A faithful man will be richly blessed, but one eager to get rich will not go unpunished.’

Work comes about early in the bible. In fact, it is introduced in the first book, Genesis (Genesis 2:15)! It is my belief that we were all made to work and are able to in some capacity or another.

Paul talks about not being a burden to others and even as he worked so hard to spread the Good News, he worked as a tentmaker!

You should have a desire to work and to provide for yourself, at least. If you have a family to support, then this should be an aim, too. As a Christian, you should also desire to work so that you can positively help others in need. The above verse in Proverbs indicates for the person who works, that they will have abundant food. Note that it isn’t just enough for yourself, but it is instead more than you need – abundance! Working is a good thing.

I am aware that some people cannot work for varying reasons. Perhaps the loss of a job or the loss of physical or mental capabilities – I was unable to work for a length of time as I recovered from being kicked in the head by a horse. This does not mean that we shouldn’t find other things we can do to be productive or strive to get back into shape to be able to work. It also doesn’t mean we should give ourselves a hard time if we’re not working – that’s not necessary!

It is my prayer for you:

*
p<>{color:#000;}. That you will recognise work as a good thing.

*
p<>{color:#000;}. That you are able to carry out some form of work that allows you to earn an income.

*
p<>{color:#000;}. That if you are currently not working, that you are able to feel productive and contribute in other ways – perhaps by volunteering your time in an area of need you recognise.

Today’s prayer:

Lord I thank you that you have provided me with skills and knowledge that I can use in an area of work. I pray that you would help me to work at any job I do as if working for You. Thank you for the opportunity to earn an income.

Actionable ideas:

Make use of the [+ provided budget template+] and fill in the variables. Determine how much you earn each month and how much you spend. Work out your financial situation and see if anything needs to change. Determine if you can save more or need to cut back on spending. Remember to include your new savings plan from Day 1!

Wealthy Christians Day 3 – The Reason for Wealth

Proverbs 11:24 – 25 – ‘It is possible to give freely and become more wealthy, but those who are stingy will lose everything. The generous prosper and are satisfied; those who refresh others will themselves be refreshed.’

There are many people in this world who desire wealth. One question that I think needs to be answered before we go seeking it, is this: why? Why do you want to be wealthy? In what way will it benefit you? In what way will it benefit others?

If as a Christian person you desire wealth solely for your benefit, then I challenge you to change your priorities. God has generously blessed all of us! In turn, he encourages us to bless others with our abundance. That which he has given us so freely, he wants us to give to others.

In fact, his word indicates that the more we give, the more we’ll be in a position to receive. Many people will argue that the best way to acquire wealth is to hold onto as much money as possible and let it accumulate. But of what value is this?

When God blesses us with finances, he expects us to be good stewards of this money! We can be good stewards by using it to support ourselves and our family as well as investing in our local church, giving back to God and using it to provide for those in need.

Be sure to keep your perspective on wealth: it isn’t for you. It is for God. It is for you to impact the world for God. The more you earn, the more you can give – this should be your desire for wealth!

It is my prayer for you:

*
p<>{color:#000;}. That you would recognise how God would have you best use your finances on this earth.

*
p<>{color:#000;}. That you would recognise how a group of committed wealthy Christians could positively impact this world for God’s benefit.

*
p<>{color:#000;}. That you would understand the importance of giving out of your abundance.

Today’s prayer:

Lord I thank you that you have blessed me with finances. I pray that you would guide me where to invest my money. Help me to manage it so that I am able to live comfortably, save and invest in your kingdom on this earth.

Actionable ideas:

List items that you buy on a regular basis. Determine which can be bought in bulk to save money. Start to shop around for places that allow you to buy these products in bulk and purchase here if it will save you money.

Wealthy Christians Day 4 – Blessing Others

Proverbs 22:9 – ‘A generous person will be blessed, for he gives some of his food to the poor.’

It is my firm belief that God will get it to you if he can get it through you. He will give it to you if you will use it for Him.

God places importance on being generous. Whenever it is possible, we should be generous. We should give of our time, our finances, kind words, and our food. Wealthy Christians need to have a great grasp of the concept of blessing others. They need to recognise opportunities to bless a fellow Christian or a complete stranger. And then they need to act on it.

As you are able to generate wealth, your desire to bless others shouldn’t be only a desire. It should be even more possible! As you find yourself with more money than you need, you can focus on regularly using it to bless others.

You may choose to give more than you need to at church; you may choose to give to local causes or even internationally. Or perhaps you’ll invest your extra finances in buying supplies to cook up a storm and invite lonely locals over for a meal and some company! At the end of the day, how you bless others is between you and God. Having wealth just opens up your opportunities to do so.

You can also bless others by helping them to be in a good financial situation. Maybe you can open a savings account for your children – or even your siblings or parents.

It is my prayer for you:

*
p<>{color:#000;}. That you will be able to bless others with your finances, because you are generating more than enough.

*
p<>{color:#000;}. That you will recognise the value of giving to God’s children when you can.

*
p<>{color:#000;}. That you will understand that blessing can come in many forms: listening, giving of your time, praying for others, offering a meal, doing something for someone or providing a lift somewhere – it is not limited to financial help!

Today’s prayer:

Lord I thank you that you have provided me with the opportunity to bless others. As my finances increase, please help me to see where I can best make an impact for you by being generous with my money.

Actionable ideas:

Find a cause that you’re passionate about and look into ways you can make a difference. This could be through giving a regular amount or through donating your time and skills. Another way you can actively help is by covering the organisation with regular prayer.

Wealthy Christians Day 5 – The Bigger Picture

Deuteronomy 8:18 – ‘You must remember the Lord your God, for he is the one who gives ability to get wealth…’

Do you know the statistics of the wealthiest people alive? Are you aware that a person who earns in excess of $32,400 USD ($623 per week) is [+ within the top 1% of income earners on this earth? +] In fact, according to Oxfam, the top 1% of income earners holds [_ 48% of the world’s wealth _]. Nearly half!

Consider people who are in the other 99%. The vast majority of people on this earth earn and must live on less than $32,400 a year. Now this figure may be desirable to you – that’s ok! Or perhaps it’s a lot less than you’re used to living on. There’s a challenge to consider!

As you consider your desire to earn more, think about why you want this. As you earn more, you learn to spend more. Don’t be fooled into thinking, ‘if only I earned X amount per week, then I’d be able to save…’.

The key to saving is not earning more; it is instead learning to live on less than you earn. Once you have this established, if in the future you are blessed to earn more, then you can save even more! Your saving isn’t because of the increased earnings, but because you’ve disciplined yourself to make your budget work.

Remember there will always be people who earn more than you. And there will always be people with less money than you. This is irrelevant when it comes to your money, budget and saving. Be thankful for the amount you bring in and work hard to develop a viable budget.

If you’re in that top 1% however, then recognise the blessing God has bestowed on you and make it a priority to help those who aren’t.

Set some priorities right now: give to God’s house, save as much as you can, live on as little as you can, reduce any debts you may have.

It is my prayer for you:

*
p<>{color:#000;}. That you will be able to look at your earnings and recognise how truly blessed you are.

*
p<>{color:#000;}. That you will be further motivated to adjust your budget and make it work so that you can live, give and save.

*
p<>{color:#000;}. That you will see the bigger picture in regards to income around the world.

Today’s prayer:

Lord I thank you that you have blessed me with an income. I thank you that it is so much more than some people are forced to live on. I pray that you would help me to be a good steward with the money I bring in; help me to stretch it so that it not only provides for me, but is able to be used in building Your Kingdom, too.

Actionable ideas:

Pray to God about your financial situation regularly. Pray for Him to guide you on your giving, how much to save and ways to invest your finances.

Wealthy Christians Day 6 – The 80 / 20 Rule

Malachi 3:10 – ‘”Bring the entire tithe into the storehouse so that there may be food in my temple. Test me in this matter,” says the Lord who rules over all, “to see if I will not open for you the windows of heaven and pour out for you a blessing until there is no room for it all.”’

By now you should have a good picture of what your income looks like. You’ve set up a savings plan. You’ve also looked at your finances in greater detail – you know how much is coming in and how much is going out – and if adjustments need to be made.

As you consider your finances, I want to introduce the concept of the 80 / 20 rule. That is, live on 80% of what you earn and use the other 20% to give to God and prepare for your future. Plan to give at least a tithe (10%) to your local church and save at least another 10%. If you can live on less, then give and save more!

As a first step, determine what 80% of your take home income is (after tax). Now ask yourself: can I live on this?

If you aren’t currently, but you know you can make it work, then do so! If you cannot meet your needs and service your debts, then it’s time to consider how much you need to earn, to be able to live on 80%. Once you’ve determined this figure, it’s time to work out how you can earn this extra amount! Don’t conclude that you can just give less and save less, this isn’t a wise decision.

On top of this, God’s word asks that we be obedient to giving back to Him. He even makes a promise that if we are obedient in this, then we will be blessed beyond measure! Read again Malachi 3:10.

The big idea of being a Wealthy Christian is to be able to live life generously. You don’t have to worry about your income because you know it is supporting your lifestyle and then some. You instead get to ‘worry’ about how you can best use it to bless others!

It is my prayer for you:

*
p<>{color:#000;}. That you will find a way to live on 80% or less of your income so that you can give and save regularly.

*
p<>{color:#000;}. That you will be obedient to God’s desire for you to tithe and watch this bless your local church.

*
p<>{color:#000;}. That you will be excited about testing God in His provision after you’re obedient to tithing.

Today’s prayer:

Lord I thank you that you have promised to abundantly provide for me, if only I’ll give a little of what you’ve first blessed me with. Help me to be eager to give into Your Kingdom.

Actionable ideas:

De-clutter. Go through your house (with your spouse if you have one) and find items that you haven’t used in the last 12 months. Decide (together) if you really need them or if they can be given to someone who you know would benefit from them – a church member perhaps – or to an opportunity shop. If they’re not being used by you, they could benefit someone else.

Wealthy Christians Day 7 – A Humble Spirit – Humility and Riches

Proverbs 28:11 – ‘A rich man may be wise in his own eyes, but a poor man who has discernment sees through him.’

There will come a time where your financial situation leaves you feeling content and comfortable. You have no debt, you have ample savings, you’re able to give regularly and you’re prepared for your children’s education. In this situation, it can be easy to get proud. After all, you’ve achieved this wonderful financial situation via your own means, right? Wrong!

All opportunities to earn and save come from God. He blesses you with skills – you’re expected to be a good steward and use them wisely as well as develop them over time. He blesses you with opportunities to work and earn – you’re expected to take them. He provides you with more than enough so that you can save and invest. Never forget where your wealth comes from. Being prideful is a trick of the devil.

In your whole financial life, be sure to approach it with humility. Always be thankful about what God has blessed you with and never forget Job – he was incredibly wealthy and he lost it all in the blink of an eye. Whether rich or poor right now we need to be thankful for God’s provision and the fact that he’s watching over us.

Don’t let finances increase the way you see yourself. Let God’s view of you be your compass, not earthly possessions.

If you feel you’re getting too big for your boots, challenge yourself to give some of it away. David as king refused to be given something for free that he wanted to offer to God. He insisted on paying for it – it had to cost him. Likewise, if you give out of your abundance but it’s an amount so mediocre in comparison to the total sum, then what does this say of your generosity? Stay humble and give – even until it hurts. It’s all God’s anyway.

It is my prayer for you:

*
p<>{color:#000;}. That you will always be thankful for any income that comes your way and the opportunity to bless others with a small portion.

*
p<>{color:#000;}. That you will always recognise your great worth in the eyes of your Creator.

*
p<>{color:#000;}. That the more you earn, the more you will seek to be humble and wise with your finances.

Today’s prayer:

Lord I thank you that you have blessed me not only with the opportunity to earn, but to save as well. As my finances grow to the point that I am feeling comfortable and satisfied, help me not to forget who made all of this possible – You.

Actionable ideas:

Are you paying off a debt – mortgage, car or otherwise? Make sure your repayments are as often as possible – weekly or fortnightly. The more often you make repayments, the quicker you are decreasing the amount you owe someone else and the interest earned on this.

Wealthy Christians Day 8 – Stewardship – Using and Looking after what God has given you

Luke 16:9 – 10 – ‘I tell you, use your worldly resources to benefit others and make friends. In this way, your generosity stores up a reward for you in heaven. Unless you are faithful in small matters, you won’t be faithful in large ones If you cheat even a little, you won’t be honest with greater responsibilities.’

It is important to remember that ‘the world and all that is in it belong to the Lord; the earth and all who live on it are his.’ (Psalm 24:1). If we acknowledge this, then we are more inclined to be careful with what we have been given – a job, a home, finances, relationships, things and our time.

Wealth is a responsibility. It is a great one to have. Much like raising children is a big job; it is an awesome privilege, too! If God has blessed you with wealth, it is both an encouragement and a test for you. Be encouraged that God feels you can be entrusted with finances to better others, to better this world. Recognise too that the way you utilise the money that’s been entrusted to you will be called to account. Your generosity stores up a reward for you in heaven… When we use our finances to benefit others, it pleases God.

Learn to be thankful for small opportunities to prove your faithfulness. As you work hard to invest the small amount of finances you have, then God will endeavour to trust you with more. Try to live life with the mindset that everything you have has been loaned to you and you need to take the best care of it you possibly can.

It is my prayer for you:

*
p<>{color:#000;}. That you will grasp the concept of good stewardship with the things entrusted to you – people, finances, assets, etc.

*
p<>{color:#000;}. That you will be encouraged, knowing that God is holding you responsible to wisely utilise the money he has brought your way.

*
p<>{color:#000;}. That you will treat every opportunity to be faithful as important – no matter how big or small.

Today’s prayer:

Lord I thank you that you have entrusted finances to me. I pray that I would use it on this earth to benefit others and help build your kingdom. I want to be recognised as a faithful steward, help me to see my finances how You see them.

Actionable ideas:

Looking to make a big investment soon? Consider if a loan is truly necessary. Other than a mortgage, in a short time frame it should be possible to save regular amounts and purchase items outright. A $10,000 car could end up costing you $12,000 over a 5 year period and will devalue by half in the first 12 months. Buying a similar vehicle that is 12 months old with cash may be a much smarter move financially.

Wealthy Christians Day 9 – Setting up a Savings Plan – the Value of Exponential Increase

Matthew 25:14 – 15 – ‘“Again, the Kingdom of Heaven can be illustrated by the story of a man going on a trip He called together his servants and gave them money to invest for him while he was gone. He gave five bags of gold to one, two bags of gold to another, and one bag of gold to the last – dividing it in proportion to their abilities – and then left on his trip.”’

Something that sticks out for me in these verses is that we’re not all given the same amount of money to start life with. This doesn’t however affect our ability to save. If we have something, then we can generate something more.

I believe the three talents (or bags of gold) show that it doesn’t matter how much we start with, we can all have the same result – doubling the money. This is the value of exponential increase. Every number has the opportunity to double in value.

If we start with $1 and turn it into $2, then it can become $4, then $8, $16, $32, $64, $128, $256, $512, $1024.

This is our initial amount doubling 10 times. Ending up with over $1,000 after starting with $1 is pretty incredible! Now granted, it will take a pretty impressive investment to be able to consistently double our money. But it shows you how a little amount can be turned into a great amount over time. This can also happen with our savings.

Note that the money was divided out in proportion to their abilities. Don’t find yourself questioning how much God has given you and becoming resentful. Instead, be excited about the opportunity to be a good steward of what He has blessed you with!

Any money that you are able to save and invest in a savings account will earn you interest. And this interest once paid out, will earn you more interest. Let’s consider a small example:

*
p<>{color:#000;}. You put aside $100 at the start of January. It’s money saved, but not earning interest. You put aside another $100 each month until you’ve reached the end of December.

**
p<>{color:#000;}. Your savings totals $1,200; $100 for each of the 12 months in the year. Good job!

*
p<>{color:#000;}. You put $100 into a savings account at the start of January. It’s earning 5% interest. You put aside another $100 each month until you’ve reached the end of December.

**
p<>{color:#000;}. Your savings totals $1,233.13 with interest at the end of the 12 months. Through no extra work you’ve amassed an extra $33.13. Wonderful!

You didn’t work any harder to be able to achieve this higher amount of money. You may look and think but it’s only $33 more, big deal. But it is. After two years of doing this, you could have amassed $2,400 or earned interest gaining $2,529.36. Don’t worry yourself by trying to do all the sums, just know that money in savings that is not earning interest, isn’t working for you like it can be. Make it work!

If you’re curious about how much you’re able to put away and what it’ll earn in interest, take a look at [+ this excel spreadsheet+]. Change the amount to a figure that suits you and look at the results!

It is my prayer for you:

*
p<>{color:#000;}. That you will recognise the value of exponential increase over time.

*
p<>{color:#000;}. That you will see value in a savings account that earns interest and work hard to have money in one.

*
p<>{color:#000;}. That you will appreciate how any form of interest earned is extra money that could be utilised for God’s kingdom.

Today’s prayer:

Lord I thank you that you have provided me with the opportunity to save and to earn interest. I pray that you will help me to find a savings account that will best put my money to work so that I can use it wisely as it increases.

Actionable ideas:

Do you have a mortgage? Research the idea of an offset account. Setting one up means that any money you have left over for the week or that is put aside to pay upcoming bills can be sitting against your mortgage debt and keeping your interest down. It’ll save you thousands in the long run.

Wealthy Christians Day 10 – Investing – Now is the time to invest.

Matthew 25:16-18 – ‘The servant who received the five bags of gold began immediately to invest the money and soon doubled it. The servant with two bags of gold also went right to work and doubled the money. But the servant who received the one bag of gold dug a hole in the ground and hid the master’s money for safekeeping.’ (emphasis added).

The best time to start investing is 10 years ago. The best time you can invest for your future is now. The servants with their bags of gold show the results of their actions. For the one who was scared of losing the money, he hid it in the ground… and ultimately, it was taken from him.

For the two who were given five and two bags of gold each, they wasted no time in investing the money. They couldn’t make it work fast enough! This should be your attitude with your savings. If you read through the whole parable in Matthew 25, the master returns and is pleased with the two who invested and doubled their efforts. For the servant who hid his money in the ground, the master asks him why he didn’t at least put the money in the bank where it would earn interest.

Would he ask the same of you? God has entrusted some money into your care. It’s up to you what you do with it. If you want to be a good steward of what He’s blessed you with, then wherever possible, make sure your money is working for you. The easiest way to do this is with a savings account or a term deposit. If you’re willing to take a little more risk, then you can look at other investment opportunities that will offer a greater return.

It is my prayer for you:

*
p<>{color:#000;}. That you will recognise the importance of investing finances – for yourself, your family and ultimately God’s kingdom.

*
p<>{color:#000;}. That you will be motivated to research potential investment opportunities for your savings whilst they are currently earning interest in a savings account.

*
p<>{color:#000;}. That you will desire to be one of the two servants who immediately got to work investing, rather than be led by fear and bury money where it won’t bring a return.

Today’s prayer:

Lord I thank you that you have entrusted money to me. Help me to be guided by you with regards to investing it wisely so that it can generate a return and ultimately be used for You.

Actionable ideas:

Take a look at your bills for the past year. Some annual bills like car registrations and home insurance are cheaper to pay in full, rather than in smaller more frequent amounts. Save in anticipation of these bills – they shouldn’t be a surprise! In doing so, you’ll save yourself money over the longer term to invest elsewhere.

Wealthy Christians Day 11 – Action and Knowledge

Matthew 25:19-23 – ‘After a long time their master returned from his trip and called them to give an account of how they had used his money. The servant to whom he had entrusted the five bags of gold said, ‘Sir, you gave me five bags of gold to invest, and I have doubled the amount.’ The master was full of praise, ‘Well done, good and faithful servant. You have been faithful in handling this small amount, so now I will give you many more responsibilities. Let’s celebrate together!’

Next came the servant who had received the two bags of gold, with the report, ‘Sir, you gave me two bags of gold to invest, and I have doubled the amount.’ The master said, ‘Well done, my good and faithful servant. You have been faithful in handling this small amount, so now I will give you many more responsibilities. Let’s celebrate together!’’ (emphasis added)

It is important to put your knowledge into action. No action is disobedience if you know that God would have you do something.

Let’s get something straight: any money you have on this earth comes from God. He has provided it to you and He can take it away. Whilst you have it, be sure to use it wisely! If you choose to do nothing with it or even to squander it, then you are not being a wise steward of what He has entrusted to you.

Secondly, wealth is a responsibility. As we learn to invest it wisely and earn returns, God will expect us to use this money in a wise way to benefit His church and His children. With wealth comes responsibility.

God is excited when we invest His finances wisely and earn a return – it means we have increased the value of what He’s given us! We can now do more for Him on this earth. That is a cause for celebration!

It is my prayer for you:

*
p<>{color:#000;}. That you will never forget that all the money you have comes from God.

*
p<>{color:#000;}. That you would recognise wealth as an incredible responsibility.

*
p<>{color:#000;}. That God will celebrate because of you when you invest wisely and are able to impact more for Christ on this earth.

Today’s prayer:

Lord, thank you so much for the responsibility of being wealthy. Thank you that I have the abilities and knowledge to acquire wealth over time. Help me to do this, and then to go on to bless others greatly with my finances.

Actionable ideas:

Learn to give! God will only give it to you, if He can get it through you! Make a list of ways you can give to others and act on it.

Wealthy Christians Day 12 – Investing and Managing Finances – Storing in Accounts in a way that Earns Interest

Matthew 25:24-29 – “‘Then the servant with the one bag of gold came and said, ‘Sir, I know you are a hard man, harvesting crops you didn’t plant and gathering crops you didn’t cultivate. I was afraid I would lose your money, so I hid it in the earth and here it is.’

But the master replied, ‘You wicked and lazy servant! You think I’m a hard man, do you, harvesting crops I didn’t plant and gathering crops I didn’t cultivate? Well, you should have at least put my money into the bank so I could have some interest. Take the money from this servant and give it to the one with the ten bags of gold. To those who use well what they are given, even more will be given, and they will have an abundance. But from those who are unfaithful, even what little they have will be taken away.’” (emphasis added)

It is a simple (and wise) investment to at least put the money we aren’t using into a savings account. In this way, it is working for us by earning interest. Don’t be tempted by fear to do nothing with your finances! This is a mistake, even something that is seen as wicked and lazy! Be a good steward of what God has blessed you with and work to make your money multiply.

You may say, ‘but I need this money to pay bills!’ And it is great that you have assigned finances to pay for upcoming bills. But, in the mean time, what is the money doing? If it is sitting in a normal account for a length of time, waiting for the bill to fall due, then it might as well be sitting in savings, earning interest.

In that regard, if you are organised, you may like to sit your bill money in a savings account until the bill falls due, and then pay it on time. It can be a relief to pay a bill early, but if you let that money instead earn you interest and then use it to pay a bill on time, then you have earned money with the finances put away to pay bills.

I know of people who pay all their bills on credit card. They have the money to pay for their bills, but instead they let this sit in a savings account, earning interest for as long as possible. When the credit card falls due, they then transfer this money over to pay off the credit card. In this way, they’ve bought time and earned interest. This is only wise if you know you can consistently pay off your credit card.

At the end of the day, the interest earned in a savings account is a lot less than the interest incurred if you don’t pay your credit card on time. Consider 3% interest earned on $500 as opposed to 17% interest owed on a $500 credit card bill. On top of this, the interest owed on a credit card also accrues its own interest! Ouch.

Think of creative ways you can manage your finances so that they are earning you money before they’re used to pay for food, fuel or an upcoming bill. This is something simple you can do to increase your monthly earnings.

It is my prayer for you:

*
p<>{color:#000;}. That you will recognise the value of accruing that little bit more, consistently.

*
p<>{color:#000;}. That you will find ways to put more money in savings – even for short periods of time.

*
p<>{color:#000;}. That you will be one of those who use well what they’re given and in doing so, you will gain abundance.

Today’s prayer:

Lord I thank you that there are ways I can better manage my money to earn interest on savings, even if I can’t bring in more income through work. Help me to think outside the box so that I can bring in a greater return and in future use it for you.

Actionable ideas:

Keep the majority of your money in a savings account so that it is earning interest. Only leave in your daily account that amount which you need to cover expenses for the upcoming week. If things change, you can always transfer from the savings account into your daily account. Until then, your finances can be working for you.

Wealthy Christians Day 13 – Informed Budgeting

Luke 14:28 – ‘But don’t begin until you count the cost. For who would begin construction of a building without first calculating the cost to see if there is enough money to finish it?’

It’s time to take a [+ closer look at your budget+]. At the end of the day, most people have goals in life. We can make better choices and more informed decisions if we use our budget to guide us.

Perhaps we want to save more. Our budget shows us where all our money is currently being spent. We may be able to make adjustments – buying a cheaper brand, buying in bulk or paying with cash to get a discount.

Maybe we would like to give more at church. Our budget shows us how much we are currently giving and if there’s room to increase our offering to God and how much by.

Perhaps we want to organise a family holiday or invest in a house. The budget we have can indicate how much we’re currently saving and on what basis, i.e. $100/week. This can help us to calculate what amount of savings we can anticipate after a 12 month period.

Now that you’ve filled in your budget, don’t just leave it. Perhaps every quarter, or at least once a year, reassess. Living costs can increase over time; this may mean you need to put aside that little bit more for expected bills the following year. Your typical costs over the years will change too. For example, when you have young ones, nappies and wipes are consistent needs. As kids grow older, the focus will turn to education, text books and uniforms.

Your family income is bound to change, too. As you learn how to save more, interest earned gradually increases. A raise or a new job may result in higher earnings.

Whenever you desire to make a big investment in your life, go first to God about it. Following this, assess your budget and see if any sacrifices need to be made to increase your capacity to earn or save. Be sure to count the cost before you invest for the long term. After all, buying a house often results in an ongoing debt for a 30 year term – it shouldn’t be taken lightly! Likewise, renting a house will be a consistent cost to your budget.

It is my prayer for you:

*
p<>{color:#000;}. That you will consider the costs before buying or investing. Be wise about the debt you acquire.

*
p<>{color:#000;}. That you will consistently seek God’s guidance about how to best utilise your finances.

*
p<>{color:#000;}. That you will be willing to assess your budget and adjust it as time passes.

Today’s prayer:

Lord I thank you that you have provided me with tools to get a snapshot of my finances. Help me to open my eyes to unique ways I can cut back on spending, increase earnings and save more for my future.

Actionable ideas:

Set yourself financial goals; be sure to list steps to achieve these (e.g. go on a family holiday in 12 months time. This will require saving $100/week on top of my usual savings). Share your goal with one or two trusted friends who will keep you accountable so that you’re working towards the goal regularly.

 

Wealthy Christians Day 14 – Cutting Back on Spending

Proverbs 13:18 – ‘He who ignores discipline comes to poverty and shame, but whoever heeds correction is honoured.’

It’s quite possible that some people can turn their finances around simply by cutting back on what they spend. There are many people who fall into debt because they spend more than they earn. The simple math is that if you consistently spend $500 a week, but only bring home $400, then you are short $100 a week. In a year, you’ve accumulated more than $5,000 in debt. This is huge when you consider the inability to repay it!

Our [+ budget+] is one tool we can greatly use to determine where we can cut back on spending. Other tools we can use are our weekly/fortnightly/monthly shopping dockets or a spending diary. In this, the idea is that you list every item you purchase over a 30 day period and how much it costs.

It is quite possible that you’re spending a sum of money where you felt you were only spending a small amount. For example, a $3.00 coffee at work results in $15 for the week or $720 for a 48 week working year. (I don’t know about you, but $720 would cover more than one of my fortnightly mortgage repayments!) I’m not saying that you should forfeit the coffee, but when you consider the annual amount you spend on it, you may question if you would like to spend that money elsewhere. And until you do make use of it, it can be sitting in savings. (Are you suddenly thinking you can save an extra $15/week? Great!)

Seeing how much you spend and on what can help you make informed decisions. Firstly, you could total the amount you spend on things that you don’t need. Examples of things that you may buy that aren’t necessary include desserts, takeaway food, jewellery, extra clothes or shoes, books. If they are things that are for your sole enjoyment or entertainment, then perhaps you can consider cutting back or forfeiting them for a set period of time. Then, invest this money elsewhere where it’ll generate a return.

Some items that you buy, it may be possible to get them cheaper. Are there things on your monthly list that you bought more than once? Can you buy these in bulk to save? Try this and see how much your spending is decreased by.

It is a good challenge to assess your budget and determine if there are areas where you can decrease spending. If you are able to do this, it means you can save more, give more, pay off any debt/s quicker and potentially invest more. Over the long term, this can put you in a much better financial situation where you can consider spending more on things you want rather than need.

It is my prayer for you:

*
p<>{color:#000;}. That you will truly appreciate the difference between wants and needs, but that you won’t feel guilty about buying things that you enjoy but don’t need.

*
p<>{color:#000;}. That you will recognise areas where you can decrease your spending and so improve your financial situation.

*
p<>{color:#000;}. That you will be diligent in cutting back so that you can invest your finances in another area that will benefit your future wealth.

Today’s prayer:

Lord I thank you that you have provided me with tools to assess my finances wisely. Help me to be diligent in assessing where I utilise my money and to recognise areas where I can implement change for the better.

Actionable ideas:

Create a spending diary. Find a notepad or book that you can write in for a 30 day period. Make a note of every thing that you buy and how much it has cost you. At the end of this period, highlight the items you feel you can cut back on or purchase cheaper elsewhere. Do it!

Wealthy Christians Day 15 – Earning More

Proverbs 11:10 – 11 – ‘The whole city celebrates when the godly succeed; they shout for joy when the godless die. Upright citizens bless a city and make it prosper, but the talk of the wicked tears it apart.’

If you are comfortably living within what you currently earn, is it wrong to desire to earn more? I think not! You are a blessing to so many when you are able to earn more. Why?

When you earn more:

#
p<>{color:#000;}. You can tithe more, further blessing your church and God

#
p<>{color:#000;}. You may pay more taxes, benefiting your government

#
p<>{color:#000;}. You may purchase more, blessing your local community

#
p<>{color:#000;}. You can give more, blessing those in need

#
p<>{color:#000;}. You can save more, preparing for your future

If you have put into practice the first actionable idea (start saving today) then already you are earning more. Do you disagree? Think about this. Your money in savings is earning interest daily. So technically, you are earning more than before you set up that savings plan. Exciting!

You may have a job that earns you more than enough and so you’re already saving and perhaps even investing. Have you considered looking into other ways you can earn? An example may be purchasing an investment property. The rent that you earn from this is a consistent increased earning. As long as the rent is covering the cost of the mortgage for the property and then some, it is earning you more money.

At a stage when I was working two jobs that kept me busy 5 and a half days a week, I was also looking into other ways to earn money online. I was able to do this through writing about my profession as both a horse studies teacher and a stable hand at the racetrack. I didn’t need to learn any more about these topics – I was employed in both of them! It meant that I was able to generate content that I could write once, but then earn from on a consistent basis. I invested my time in creating content that would earn me money more than once – this I felt was a wise way to use my time and earn more.

I am not suggesting the need to find time for another job. Instead, I am suggesting developing a hobby or investing in something that can generate a consistent return for you.

It is my prayer for you:

*
p<>{color:#000;}. That you will be excited about the idea of earning more, not stressed by it.

*
p<>{color:#000;}. That you will find researching ways to earn more money – without picking up another job – an exciting task.

*
p<>{color:#000;}. That you will find another way to earn money that requires minimal input from you once the decision is made.

Today’s prayer:

Lord I thank you that I can consider ways I might be able to earn more money without having to work longer hours. Help me to be excited about opportunities to earn more because of what it can do for You.

Actionable ideas:

Research investment opportunities online or other ways to generate money through a hobby such as a website on your favourite topic. You may find that you can earn money from a topic you’re passionate about and already spending time on.

 

Wealthy Christians Day 16 – Residual Income

Proverbs 13:11 – ‘Wealth gained quickly will dwindle away, but the one who gathers it little by little will become rich.’

Give me $1,000,000 and I will comfortably live out the rest of the days of my life without actually spending the million. Ha! Christine, you say, that is not possible. You need to spend the money to be able to live.

Wrong.

Let’s do a little math. What is 5% of $1,000,000?

Well if 10% is $100,000, then half this is $50,000, right? So your million dollars sits in a savings account and earns you 5% per annum. So if you earn $50,000 for the whole year, then this means you’re earning around $137 per day, or around $959 a week.

How much do you earn on a weekly basis? I can honestly tell you now that my family earns – and lives comfortably – on less than this. So yes, I can boldly say that if I had one million dollars to live on, I would actually only live on the interest it could earn me at 5%.

But what if the economy isn’t doing so well, Christine, what then?

Well let’s say you can only get 3% - which is closer to current figures – then this is still $30,000 per annum. And yes, I could live on this! In fact, my husband and I with our two children do. We save as much as we possibly can and live on what we need to be comfortable.

So I look at the above figures and get excited – even though I don’t anticipate being given $1,000,000 anytime soon! What’s even more exciting to me is the fact that this $1,000,000 has the potential to grow over the year.

How is that you ask? Well, you get paid your interest monthly after it is acquired daily. So, after a month you get paid your 5%, or 30 days of earning $137 in interest each day. So January 1 you start with $1,000,000. January 31st you’re paid $4,247 in interest!

Now you have $1,004,247. Now, presumably you don’t spend the whole amount in one day. You make use of the money to live over the next month. And for every day that you have over $1,000,000 sitting in your account, you are then earning your interest of $4,247 for the following month as well as interest on your recently acquired interest! Wow.

Yes, this is an extreme example, but it does show you how interest can increase over time and truly work for you. This is the benefit of any savings account. For money that isn’t needed right now, why not place it into a savings account where it can earn interest? This is a way to earn that you don’t have to work for – the money does it all for you and then your earned interest goes on to develop more interest for you. This is an example of residual or passive income.

It is my prayer for you:

*
p<>{color:#000;}. That you will truly grasp the importance of a savings account

*
p<>{color:#000;}. That you will take the time to shop around for the best rate of interest your money can earn and set up an account

*
p<>{color:#000;}. That you are able to consistently deposit money into your account so that it can work for you

Today’s prayer:

Lord I thank you for the opportunity to do something so simple that can greatly benefit my financial situation. Help me to be a good steward of the money you have placed into my care.

Actionable ideas:

Shop around for the best interest rate that you can find. Many banks offer a higher introductory rate for new customers. You are already saving, make sure the money is earning as much for you as it can! Term deposits are another way to earn more if you don’t need the money for a length of time.

Wealthy Christians Day 17 – Buying on Credit

Proverbs 22:26-27 – ‘Don’t agree to guarantee another person’s debt or put up security for someone else.^ ^If you can’t pay it, even your bed will be snatched from under you.’

It is easy to purchase a lot of items today on credit. Ultimately, this means that you get the product at a time when you can’t afford it and you pay it off over a set term. This tends to cost you a lot more than if you had bought the item with your own money.

If you buy a house you may receive an interest rate of let’s say 4% per annum. Over a thirty year term, you will end up paying about 120% interest on the sum of money you borrowed plus you still have to pay off the borrowed amount. In this regard, I think a loan is ok – your house and land generally will increase in value over time and the interest rate is low, although over a long term. If you think about it though, a $200,000 loan will cost you this as well as $240,000 in interest or $440,000 in total will be paid off at the end of the 30 year loan.

If you gain finance to purchase a car, chances are the interest rate will be considerably higher. On top of this, the car will devalue very quickly in the space of 12 months. In light of this, financially it may be much wiser to save up and purchase a new car or to even get one second hand that is a couple of years old. This will save you a lot of money over the longer term.

Whenever you need to buy something on credit – acquire a loan to purchase an item – it is worth considering the item itself. Will it increase in value over time? Or will it decrease in worth? This is a good way to consider what should be bought on credit.

In this regard, I think that credit cards can be dangerous. The interest rate you need to pay if the loan isn’t paid on time is high. Plus, as soon as you acquire interest, this in turn earns interest. It is very easy to get into debt this way and have to pay back so much more than you borrowed.

Wherever possible, make it a rule to only purchase on credit that which will increase in value over time – a house or land, for example. For things that will quickly decrease in value, find a way to purchase them second hand or save up until you can buy them outright without having to lock yourself into repayments with high interest. In this way, you’ll only be acquiring what is considered ‘good’ debt by investing in an asset that increases in value over time. Other than this, try to avoid the use of credit.

It is my prayer for you:

*
p<>{color:#000;}. That you will recognise that not all debt is bad, but will instead appreciate the need for a loan for investment items such as a house.

*
p<>{color:#000;}. That you will be able to recognise the value of saving for an item and buying it with cash, rather than on credit.

*
p<>{color:#000;}. That you will desire to avoid debt as much as possible and make financial choices with this in mind.

Today’s prayer:

Lord I thank you that it is possible to purchase items that I wouldn’t normally be able to buy with the use of a loan. Help me to recognise good investments and to stay away from those that will only acquire me debt for an item that is of little value.

Actionable ideas:

In times of plenty, don’t splurge this extra. Save a set percentage and use it to build up for times of need. If you unexpectedly come into money (like a tax refund) use it to decrease debts or increase savings.

Wealthy Christians Day 18 – Offsetting Debt

2 Kings4:6 – 7 – ‘When the containers were full, she said to one of her sons, ‘Bring me another container.’ But he answered her, ‘There are no more.’ Then the olive oil stopped flowing. She went and told the prophet. He said, ‘Go, sell the olive oil. Repay your creditor, and then you and your sons can live off the rest of the profit.’’

If you are in a position to have purchased a house and acquired a mortgage, it may be worth considering if your savings are best utilised in a savings account. They may be better off in an offset account. This sits against your mortgage.

Let’s consider an example to explain the benefit of this.

You have $10,000 sitting in savings. In a savings account, it is able to earn you 3% per annum. This is around $300 a year in interest. At the end of the financial year, you will be paying tax on this $300, which will decrease the total.

If you opened up an offset account with your mortgage and deposited your $10,000 here, then it would be acting as if you had paid off $10,000 from your mortgage. So you would be saving interest on $10,000. Now your mortgage interest rate will be higher – let’s say around 4.5%. So you’re saving $450 of interest on your mortgage each year, rather than earning $300 which will then be taxed.

What do you feel is a better investment of your money? Earning interest or decreasing your debt with the same sum of money? This is entirely up to you. One thing you should note is that setting up an offset account after you have already established a mortgage will probably cost you a one-off fee. Chances are your interest rate will increase a little too, with this offset account.

Be sure to look into all the costs. A higher rate on your mortgage to open an offset account is only worth it if your savings are substantial enough to offset the interest.

This can be a great way to reorganise your finances if the savings are going to be available to you for a length of time. It may not be worth changing things if you have them for less than 12 months and then plan to use them on a holiday or other purchase. If you are planning to continue to build your savings however, this can be a wise financial change to make. And in time, as your debt decreases your mortgage payments may also be able to decrease, resulting in you saving more for your offset. This in time will result in your debt decreasing more and your repayments lowering. And so the cycle continues! Repaying debts is a great way to improve your financial future.

It is my prayer for you:

*
p<>{color:#000;}. That you will recognise the different ways you can organise your money to best benefit your financial situation without having to bring in more income.

*
p<>{color:#000;}. That you will decide what is better for your individual situation – earning interest on savings or decreasing debt with it.

*
p<>{color:#000;}. That you will look into all conditions associated with financial accounts before committing to any.

Today’s prayer:

Lord I thank you that it is possible to rearrange my finances in many different ways that can benefit me. Help me to recognise all the options and to adjust as I see fit and then to stick with this change to see the benefits.

Actionable ideas:

Compare the benefits of saving money and earning interest, with keeping loans down that are incurring you interest. A mortgage may charge 5% interest while savings earn you 4% interest. It is wiser financially to put extra funds against the mortgage and save interest of 5%, rather than earn interest of 4% that ends up getting taxed.

Wealthy Christians Day 19 – Cash Flow

Luke 14:28 – ‘But don’t begin until you count the cost. For who would begin construction of a building without first calculating the cost to see if there is enough money to finish it?’

It is important that you know what you need to earn before you get paid anything. Not all jobs pay you as soon as you’ve completed a task or a day’s work. Some jobs pay fortnightly or even monthly – you have to work a set amount before you see any money. Just because you have earned a certain amount of money, doesn’t guarantee payment at a set time.

$100 is an important figure for me. I have a set goal of how much income I would like to earn each week on various projects that I do. This doesn’t always tie in however, with what I get paid in a given week. For example, some of my income comes in via:

*
p<>{color:#000;}. Amazon affiliates

*
p<>{color:#000;}. Amazon book sales

*
p<>{color:#000;}. Google Adsense

*
p<>{color:#000;}. Udemy – an online platform for courses

*
p<>{color:#000;}. TeachersPayTeachers – a website for digital educational products

 

For the first three sources that allow me to earn money, I need to earn at least $100 in total before I am paid by them. For my book sales on Amazon, this has to occur in one particular currency. Most of my sales are made in the US and UK, so although I may accumulate the given $100 in a month, this doesn’t mean I’ll get paid if that sum spans over four different currencies!

It’s great to earn a large sum of money in any given week or month. It’s important to know however, that this money is going to get paid in the near future. It is very difficult to be a wealthy Christian if you are earning, but scraping by because you haven’t been paid!

In your endeavour to accumulate wealth, make sure you have sufficient cash flow. If money isn’t coming to you, then it cannot go through you for investments or blessing others. If you have a job that pays you monthly, then it is very important to be on top of your budget and know that you can make your pay stretch for a month until you are paid again.

If you are looking for other opportunities to earn, try to find possibilities that pay regularly so you consistently have money coming in that you can live on, save, tithe and invest.

It is my prayer for you:

*
p<>{color:#000;}. That you will recognise the importance of regular cash flow, no matter what you earn

*
p<>{color:#000;}. That for income that is paid to you monthly or less frequently, that you will be able to budget this well to avoid any financial issues.

*
p<>{color:#000;}. That you will be able to generate different streams of income that come in at different times of the month, to increase your cash flow.

Today’s prayer:

Lord I thank you for the possibility to earn, but for also getting paid once I have earned. Help me to find income earning opportunities that provide me with money on a regular basis, so that I am not left without or desperately waiting for pay day.

Actionable ideas:

Meal plan; organising what you will cook each week or month will help you to utilise what you have bought, rather than leave food unused in cupboards and buy other things.

 

Wealthy Christians Day 20 – Giving Obediently – The Impact of Wealthy Christians

Malachi 3:8 – 10 – “Will a mere mortal rob God? Yet you rob me. But you ask, ‘How are we robbing you?’ “In tithes and offerings. You are under a curse—your whole nation—because you are robbing me. Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the Lord Almighty, “and see if I will not throw open the floodgates of heaven and pour out so much blessing that there will not be room enough to store it.”

Can you imagine the impact we could have on the world if more Christians were to accumulate wealth? They would need one other quality in their lives for this to make a difference. They would also need to be obedient to giving. It is of little value to be Christian and to acquire great wealth, if you will not use it for God.

We’ve had a look at setting up a savings account and saving regularly. We’ve also looked at our budget in detail and discovered where we can cut back or make changes. The ability to generate further income has also been explored. Now I want to focus on giving.

There are many things that cannot be done in this world without money. Churches often struggle because their whole congregation is not obedient to giving.

Everything that we receive comes from God. It’s a pretty generous God who gives to us and then asks that in return we provide him with a tenth of this, to carry out his works on this earth. Ten percent seems like a small amount to me – but at the end of the day if everyone was tithing or providing offerings into God’s house, so much more could be done than is currently achieved.

It is my prayer for you:

*
p<>{color:#000;}. That you will grasp the concept that all money comes from God and is given to you as an act of love and stewardship.

*
p<>{color:#000;}. That you will endeavour to give a tithe or offering into your church regularly.

*
p<>{color:#000;}. That you will find it within your means to give more than the ten percent that is talked about in regards to tithing.

Today’s prayer:

Lord I thank you that you have entrusted me with finances. Help me to give back to you that which is rightly yours, by investing in your church. Help me too, to pray for wisdom for the people who handle your finances in churches around the world.

Actionable ideas:

Be clear on payment terms before undertaking a job so that you know where you stand; don’t set yourself up to be dissatisfied if you learn someone else has better terms than what you agreed upon.

Wealthy Christians Day 21 – Use it or Lose it

Matthew 25:28 – ‘Take the talent from him and give it to the one who has ten talents.’

You can read over the whole parable of the talents in Matthew chapter 25. If we do not use the talents and finances that God has blessed us with, then our talents will decrease and our money will be lost. If however, we use what we’ve been given, God will increase it. Our skills will develop and improve. Our finances will grow and earn interest.

It really is as simple as use it or lose it. As was shown in the parable of the talents and the three servants – those who used what they were given were able to generate more. Because of this, they were seen as faithful and were given even more.

God wants us to use what we’ve been given – our skills, our passions and our finances. He wants us to use them for His glory. We can acknowledge that he gave us these attributes and because of him, we’re able to do things we enjoy and are good at; we’re able to earn income. In return, we should share him with everyone we can. We should be good examples of hard working, ethical people. We should use our finances to give back to him, a little of what he’s given to us.

For the one servant who was fearful, he did nothing with his talent. And the master questioned when he returned – why didn’t you at least put it in the bank? Are you using your talents and finances or are you digging a hole in the ground and burying them because you don’t want to risk failure or loss?

The irony here is that you are failing to do what God has asked of you. And you are losing many opportunities to give to those in need, to shine God’s light and to do something you love and are good at! Use it or lose it. Your talents are not just for you and neither are your finances – they are to bless others. Don’t be the person who is robbing others of a blessing because you won’t use your talents or finances.

It is my prayer for you:

*
p<>{color:#000;}. That you will acknowledge that your talents and finances aren’t given to you just for you; they have a role to play in blessing others.

*
p<>{color:#000;}. That you will be motivated to use what you have to hone skills and to generate income.

*
p<>{color:#000;}. That you will acknowledge the skills and talents that are special to you, which could be used for God’s glory.

Today’s prayer:

Lord I thank you that you have made each and every one of us unique with varying skills, talents and financial circumstances. Help me to use all that I have for your glory.

Actionable ideas:

Establish a separate bank account for your child. If you put away $10 a week for 18 years, this totals $9,360 dollars for a deposit, education or something else. If you invested $10 a week for 18 years at 5% interest, this would total in excess of $14,600 at the end.

 

 

Wealthy Christians Day 22 – The Ability to Produce Wealth

Deuteronomy 8:18 – ‘You must remember the Lord your God, for he is the one who gives ability to get wealth…’

Some people seem to have this incredible knack for generating wealth. Do you know of someone who has amassed a fortune by 30 years of age? Or perhaps you’ve read about the 21 year old who has just purchased their fourth investment property?

There are those who can naturally make sales or wise investments. I believe however, if we desire to generate wealth to build God’s kingdom and we’re willing to listen to Him, he can help us learn to generate wealth. We can learn skills that will slowly and steadily generate a return that can be given back to God.

After all, it’s the same God who has made us all. It is not beyond his power to help us accumulate wealth. But we have to be willing to do things on God’s terms. Rick Warren, author of the Purpose Driven Life outlines a simple but effective concept for wealth builders:

#
p<>{color:#000;}. Acknowledge that it is God who gives us the ability to generate wealth. Give him the credit for it.

#
p<>{color:#000;}. With your business skill, use it to meet the needs of others and to spread the Gospel.

#
p<>{color:#000;}. Give a tithe of your earnings back into the church as an act of worship. (Don’t feel you have to limit your giving to 10% though!)

Don’t ever feel that you cannot produce wealth. If you are able to have money coming in, then you have the ability to save and it goes from here. How much you earn is up to you and God. Likewise, how much you save is down to using your finances wisely – which can be guided by God. Remember always, it is God who gives you the ability to produce wealth. Ask him to help you in this area, but remember always to acknowledge him in your earnings.

It is my prayer for you:

*
p<>{color:#000;}. That you will be excited by the fact that it is God who grants you the ability to generate wealth, no one else.

*
p<>{color:#000;}. That you will always acknowledge where your wealth comes from.

*
p<>{color:#000;}. That you will desire to be a good steward of all finances entrusted to you.

Today’s prayer:

Lord I thank you that generating wealth isn’t solely down to me – you grant me the ability! Help me to be wise with my finances and to make wise decisions with regards to work and opportunities to earn and save.

Actionable ideas:

Be proactive six days a week to bring in income, develop residual income and increase the value of your property. Rest on the seventh day knowing you have been hard working and that God not only ordains, but insists on His people resting so they don’t burn out.

h1<>{color:#000;}.

Wealthy Christians Day 23 – Keeping Perspective

1 John 4: 4 – 5 – ‘You are from God, little children, and have conquered them, because the one who is in you is greater than the one who is in the world. They are from the world; therefore they speak from the world’s perspective and the world ‘listens to them.’

If my life is fruitless, it doesn’t matter who praises me, and if my life is fruitful, it doesn’t matter who criticizes me.’ – John Bunyan

There are many times in life when you need to have enough confidence in what you’re doing to not be swayed by general opinion. Perhaps you have a desire to be an influential Wealthy Christian – one who can give generously to many causes in the name of Christ. But to be able to do this, you first need to generate wealth.

As you work to save more or establish an idea that you know has the potential to generate income, there will be people who frown upon what you do. Maybe it’s a negative comment or perhaps they’re frustrated by your lack of wanting to spend – like going out for a meal with friends on a regular basis.

Often what we desire to save for or spend our money on isn’t understood by other people. This doesn’t matter. What does matter is being a good steward of what God’s blessed us with.

Likewise, you may be passionate about a hobby or business idea that you feel God has placed on your heart. But it’s slow to get started – even slow to bring in money after you’ve invested countless hours. Don’t be swayed by negative comments, opinions or a lack of initial results. Focus on the fact that God has given you an idea and if you are diligent with it, it will see a return.

Remember Abraham and Sarah – their ability to have a child waited a long time!

It is important to keep things in perspective. People won’t always understand our wants or plans – but God does. It’s important to keep your focus on Him and living a fruitful life for Christ. Things may not always go to plan, but you can know with certainty that He’s got it all under control. Keep it in perspective.

It is my prayer for you:

*
p<>{color:#000;}. That you will not be swayed by negative comments or opinions and that you will surround yourself with positive, encouraging people.

*
p<>{color:#000;}. That you will focus on what God’s word says about you and your abilities, especially in tough times.

*
p<>{color:#000;}. That you will be careful about whom you share your financial goals with – only share them with people who will encourage you and hold you accountable to achieving them.

Today’s prayer:

Lord I thank you that you have everything in control. Even when my plans seem unattainable, I know that you have it all sorted out. Help me to keep things in perspective – to keep my focus on You, not on my circumstances that can change daily.

Actionable ideas:

Don’t shy away from second hand. Many things you need don’t have to be brand new. You can save a lot of money if you’re willing to purchase something previously loved by another: a fridge, car, lounge suite, etc.

Wealthy Christians Day 24 – Keeping Balance: Rest

Exodus 34:21 – ‘On the seventh day you shall rest.’

It is perfectly fine to desire to have wealth and to put in the hard work to receive this. It is not ok to spend every waking moment focused on this. God should always come first. Our relationship with him and learning what he would have us do with our lives should be priority. Even then, he demands that we take one day out of seven to rest.

If you are struggling to fit everything in, then pray that God would guide you about working wisely and effectively. Then be sure to prioritise tasks on your journey to wealth. Do first those things that are most pressing, or what will take the longest time to generate a return.

Acknowledge that some items on your to do list are wants, rather than needs and be ok with the fact that they may not get done this week and will have to wait that little bit longer.

Try not to waste time on fruitless activities, or spend more time on things than are necessary. For example, do you need to check your emails every hour or would once during the day suffice? When you’re having a coffee break, could you also be stretching your legs or getting some fresh air? Try to multitask where you can but also learn to switch off from work.

It is my prayer for you:

*
p<>{color:#000;}. That you will recognise the importance of rest and take action to give yourself one day a week where your focus isn’t work.

*
p<>{color:#000;}. That you will find ways to be efficient with your time 6 days a week, so that you’re able to work towards your wealth goals regularly.

*
p<>{color:#000;}. That you will put your relationship with God first, always.

Today’s prayer:

Lord I thank you that you have commanded that we take the time to rest regularly. Help me to prioritise this. I know that I am more effective if I look after my body by resting regularly.

Actionable ideas:

Look out for sales and prepare for them; save up for and buy in bulk during sale times so that you’re saving money on items you regularly use.

Wealthy Christians Day 25 – Leaving a Legacy – Don’t Acquire Debt for Future Generations

Job 8:7 – ‘Your beginning will seem so small, since your future will flourish.’

One of the best things we can do for the next generation is starting them on firm ground. Raise up your children to know about God and to have a relationship with him. Help them to get established in the Word and to know the importance of living life for him.

From here, you can give them the best possible financial start to life, too. Firstly, as parents – and grandparents – we can do this by not leaving any debts that they will need to cover. Work to have your mortgage paid in full, no credit card debt and no personal loans that still need paying.

Pass on a home for them to live in or to be able to sell and reap finances from, but don’t leave them with debt you didn’t manage to pay off entirely. Give them assets, not liabilities.

On top of this, spend your lifetime teaching them how to be good stewards of what they’re blessed with. Chances are you worked hard for your house! Just because they are receiving a generous financial gift or asset from you doesn’t mean they should take it for granted and squander it away. Instead, it should be a stepping stone to help them invest and generate more for future generations that they will go on to provide for and teach about God and money.

As you teach them what you know, they can then start ahead of you and do greater things. Likewise, they can greatly impact their children for the better and that generation will start out even further ahead! Aim to leave a legacy for your children and their children, not debt and financial struggles.

It is my prayer for you:

*
p<>{color:#000;}. That you will recognise how you live your life affects your children and their children; do it wisely.

*
p<>{color:#000;}. That you will be able to square off any debt acquired in your lifetime and leave something valuable for your children.

*
p<>{color:#000;}. That you will have children who will know and love the Lord and seek to be generous with their finances, too.

Today’s prayer:

Lord I thank you that you have blessed me – your child – with so much. Help me to do the same for my children on this earth, and their children. Help me to recognise that the greatest legacy I can leave for them is knowledge of You.

Actionable ideas:

Seek out resources that you can acquire for free with a little patience and research. There are many online books that can be downloaded or local libraries that have a wealth of information you don’t need to pay to access.

Wealthy Christians Day 26 – Live in the Now – Today is all you have

Matthew 6:34 – ‘So don’t worry about tomorrow, for tomorrow will bring its own worries. Today’s trouble is enough for today.’

The only adequate preparation for tomorrow is the wise use of today.’ – Bob Gass, the Word for Today

You can only live one day at a time – today. As you go about your day, ask yourself:

*
p<>{color:#000;}. What can I do to improve my savings today?

*
p<>{color:#000;}. What can I do to cut down on spending today?

*
p<>{color:#000;}. What can I do to invest in eternity today?

It is important to plan for our future; to plan for tomorrow. However, today is the only day we will ever have to do something. With that in mind; it is important not to procrastinate our future planning.

Don’t get caught in a trap of saying ‘tomorrow I’ll start saving’ or ‘I’ll just splurge this one last time, I can be sensible tomorrow.’ Tomorrow never comes. All we will ever have is this present day and memories of what we did – or didn’t do – the day before.

As long as you start each day with a map – that is, what you want to achieve (your location) and how you’re going to do it (your directions) then you will be prepared. Yes, life will throw unexpected distractions at you or surprising dead end roads, but you can always turn around and go another way.

Focus on continually building your wealth as a Christian; this can simply be done by saving a small amount daily or weekly. Pay special attention to your time with God and learning his word. Make every effort to give to others when you see a need and you can provide. And through all of this, if you have children under your care, let them see what you are prioritising and how you are achieving your financial goals. This can be the best way for them to learn – by observing what you’re doing and the results that these actions are generating.

It is my prayer for you:

*
p<>{color:#000;}. That you will recognise the importance of living in the moment, of acting today.

*
p<>{color:#000;}. That you will be able to find one new thing daily that you can do to grow your relationship with God, grow your finances and reach out to others in love.

*
p<>{color:#000;}. That you will let go of any past failures and not condemn yourself, but instead learn from them and move forward.

Today’s prayer:

Lord I thank you that you have given me today. Help me to use it to the best of my capabilities. Help me to truly recognise that the present day you have given me is indeed a gift.

Actionable ideas:

For big purchases, research pricing in advance of acquiring something. You can save yourself a lot of money if you take the time to look around.

Wealthy Christians Day 27 – Help Others Daily

Exodus 23:5 – ‘If you see the donkey of someone who hates you fallen under its load, you must not ignore him, but be sure to help him with it.’

Do you make it a goal to help and bless others each day? We’ve been put on this earth to portray God’s hands and feet. We’re supposed to do all that we can with our lives to show God’s love. We’re supposed to be wise with our time, our energy and our finances.

Our motive to help others should be to show love to them. This encompasses all people – even those we may struggle to like. As an added bonus, there are times when it can benefit us, too.

An example? I love to read horse books. Often I get given them for free in exchange for a review. It’s a great way to grow my collection! Anytime I spot a spelling mistake or other grammatical error, I have a habit of making note. Upon completion of the book, I email the author the list of any errors I’ve found. They are then in a position to correct them and improve their book further for future readers.

One such time I did this and was surprised to get a reply email from the author. They indicated that although they had employed an editor, the job wasn’t getting done sufficiently. Further to this, would I be willing to read their future books and be paid to find errors? Would I?!

When you benefit others, you do it for them and to show God’s love. But at times you offer a skill that they need for future things. In this way, utilising skills that God has blessed you with can result in employment or other forms of blessings. Help others daily without expectation of reciprocation. But when God chooses to bless you for it, be thankful!

It is my prayer for you:

*
p<>{color:#000;}. That you will delight in helping others whenever you can.

*
p<>{color:#000;}. That you will recognise that even a smile or an encouraging word via text or a phone call to say ‘hi’ can be a great blessing to another person.

*
p<>{color:#000;}. That you will see everyone worthy of your help and love.

Today’s prayer:

Lord I thank you that you have entrusted me to be your hands and feet on this earth. Help me to embrace opportunities to help and love others daily.

Actionable ideas:

Research residual income options; there are many avenues where you can put in the work once, but gain the rewards many times over.

Wealthy Christians Day 28 – Don’t Park!

Proverbs 12:11 – ‘Hard work means prosperity; only fools idle away their time.’

The road to success is dotted with many tempting parking spaces.’ – Will Dodges

You may feel that you’ve contributed a lot in this life. Maybe even financially you’re comfortable and have found that you’re easily saving and giving.

That’s great! It doesn’t however mean that you should stop. As long as there are still people in need, still people lacking, you should feel obligated as a Wealthy Christian to make a positive impact in whatever way you can, for as long as you can.

Likewise, you can work hard to be even more prosperous in this lifetime. Does that seem greedy to you? Well let me ask you something: if you could give even more because of your earnings and leave more for your children and grandchildren, would you?

Working hard for more is not about being greedy – we can be content with what we have now. But it doesn’t mean that we then decide to coast through life, choosing to be inactive in our contentment. Instead, it should give us the impetus to do even more, bless even more and generate even more wealth. Don’t park. It may be that your success in life is the stepping stone God has in mind to help you to bless so many others if you just keep pushing forward.

Create a little exercise for yourself. You can choose to base it on the 30 days in this study or the past 12 months. Identify first the wealth goals that you have created and achieved. Now determine: where do you want to be in 12 months time? Use these goals to encourage you to just keep on. Setting goals and working toward them will help to hold you accountable so that you can be proactive in further improving your financial situation. When you do this, you can bless so many more!

It is my prayer for you:

*
p<>{color:#000;}. That you will recognise that consistently improving your financial situation is possible with hard work.

*
p<>{color:#000;}. That you will not be tempted to sit in complacency when you reach a particular financial goal.

*
p<>{color:#000;}. That you will be excited by achieving goals and use this to drive you to achieve more.

Today’s prayer:

Lord I thank you that you identify the importance of hard work to be prosperous. Help me to find the right balance of work and rest so that I can achieve my financial goals.

Actionable ideas:

Consider only borrowing money to purchase assets that will generate income for you, not for products that will decrease in value over time.

Wealthy Christians Day 29 – Run the Race

Philippians 3: 13 – 14 – ‘No, dear brothers and sisters, I have not achieved it, but I focus on this one thing: Forgetting the past and looking forward to what lies ahead, I press on to reach the end of the race and receive the heavenly prize for which God, through Christ Jesus is calling us.’

It’s important for each of us individually to run our own race. Although our end goals may be the same – to use our finances to benefit others, reach people for Christ and to feel comfortable about what we’ve left for future generations, we each have to do our part.

Don’t be intimidated by your capabilities (or perceived lack thereof) and choose to do nothing. Less than perfect is always better than the best intention.

There is no point in leaving saving and financial learning to a time that ‘suits you’. There is no better time to start saving than now. Now is the best time to ask God to guide you with regards to being a good steward of your finances. Today is the perfect day to start learning more about how to earn, save and invest.

Make the effort to daily or at least weekly do something that will improve your financial situation and your knowledge. As you grow and learn, you will make better decisions and see better rewards.

Also, don’t be averse to risk. Sure, don’t take risks that could result in the loss of your house or finances to support yourself and your family. But do learn to take risks that could result in a higher rate of return on some of your finances. Even if it is choosing to put a set amount into a term deposit, rather than leave all of your savings accessible in a savings account on a smaller interest rate. At the end of the term, you can have your money back and you will have acquired more interest. The money just won’t be available to you to use over a set timeframe, e.g. 90 days. This could be a risk you’re willing to take to see the reward of a higher rate of return. Do your research.

It is my prayer for you:

*
p<>{color:#000;}. That you will recognise the importance of running your own race, no one else’s!

*
p<>{color:#000;}. That you will focus on the prize that is ahead, not competitors on either side of you.

*
p<>{color:#000;}. That you will recognise forward movement in your financial journey and run with it!

Today’s prayer:

Lord I thank you that you have given me a unique financial situation, goals and desires. Help me to grow my skills, grow my finances and above all, grow my relationship with you.

Actionable ideas:

Consider splitting your budget into the areas of tithes/offerings, living expenses and saving.

Wealthy Christians Day 30 – Share!

Proverbs 22:6 – ‘Train a child in the way that he should go, and when he is old he will not turn from it.’

By now I would hope that you’ve achieved a few exciting things. These should include having:

*
p<>{color:#000;}. Established a savings habit and at least 30 days worth of funds sitting, earning interest (you should have received one interest payment already or be about to receive one – wonderful!)

*
p<>{color:#000;}. Gotten your finances into clearer perspective

*
p<>{color:#000;}. Recognised areas where you can cut back / earn more and save more!

With this, I would hope that you’re excited about your financial future and what you can achieve for God’s kingdom. Now let’s go a little further!

If this course has helped you, are you motivated to help someone else? If you’re able to help another Christian improve their financial situation, start on the slow path to wealth and focus their excess finances on benefiting God’s kingdom, then this is a good thing, right? Share this book and/or resources you’ve gained access to with others who you believe will benefit!

In this way, more Wealthy Christians will be around to impact this world for good! Think of people that you feel could utilise the steps and guidelines set out in this course. Are they people in your generation? Teens that look up to you for guidance? Parents who are planning for retirement? Friends who are struggling with debt?

Whoever they are, why not pass the word along? At the end of the day, this information is for them to use. They will only need to invest their time and if it will put them in a better financial position, then isn’t this a wise investment of said time?

It is my prayer for you:

*
p<>{color:#000;}. That you have benefited from this book and can identify principles that you’ll go on to utilise regularly to improve your financial situation.

*
p<>{color:#000;}. That you are able to share the information here with at least one other person who you feel could benefit.

*
p<>{color:#000;}. That you will see the benefits of your finances at work in God’s kingdom in the very near future.

Today’s prayer:

Lord I thank you that you have blessed me with the time and ability to research better ways to steward that which you have given to me. Help me to pass on the favour to someone dear to me.

Actionable ideas:

Establish the difference between needs and wants. Do you need your next purchase? Can the money be better invested elsewhere?

Becoming a Christian

This information has been written with the guidance of biblical verses and principles that I have been taught in life. I believe they will work for everyone. However, some of them are easier to be obedient to if we trust in God’s provision over our lives.

If you don’t yet have a relationship with Christ, I would love to be able to share the means to do so!

It says in the bible in the book of John, chapter 3 and verse 16 –

For God so loved the world that He gave His one and only Son, that whoever believes in Him shall not perish, but have eternal life.’

In other words, if we believe that God sent his son Jesus to live on this world and ultimately to offer up his life for us, then we are invited to enjoy an eternity with God after this life on earth. To become a Christian, it is as simple as acknowledging that God is perfect – and we are not. Every single one of us is flawed, capable of making mistakes. But we can accept God’s grace in our lives and that fact that Jesus died for these imperfections.

When we acknowledge that he did it individually for each and every one of us, we can live a life of joy in relationship with Christ. This I believe is first and foremost the way to be a Wealthy Christian – to have the gift of an eternity with God!

From here, we can learn through reading God’s word – the bible – and attending church regularly. It provides great opportunity to learn more about how God would have us live and what he would have us do with the things – and people – he entrusts to our care.

If you will acknowledge that Christ died for your imperfections – the bible calls it sin – then you have taken the necessary step to become a Christian. Congratulations!

Wealthy Christians Actionable Ideas

Keeping a list of things you plan to achieve – and go on to complete – can be a great way to look back over what you’ve already done to improve your financial situation. All of the actionable ideas detailed in this devotional are listed below so that you can see them together. You may feel further energised by being able to tick off those which you have been able to carry out!

 

#
p<>{color:#000;}. Start saving today. Do a little research online or contact your local bank and set up a savings account. Then schedule a set amount of money (e.g. $1/day) to be transferred from your main account to this savings account each day. Every day that it’s in savings, it is working for you by earning interest that gets paid out – generally monthly.

#
p<>{color:#000;}. Make use of the provided budget template and fill in the variables. Determine how much you earn each month and how much you spend. Work out your financial situation and see if anything needs to change. Determine if you can save more or need to cut back on spending. Remember to include your new savings plan from Day 1!

#
p<>{color:#000;}. List items that you buy on a regular basis. Determine which can be bought in bulk to save money. Start to shop around for places that allow you to buy these products in bulk and purchase here if it will save you money.

#
p<>{color:#000;}. Find a cause that you’re passionate about and look into ways you can make a difference. This could be through giving a regular amount or through donating your time and skills.

#
p<>{color:#000;}. Pray to God about your financial situation regularly. Pray for Him to guide you on your giving, how much to save and ways to invest your finances.

#
p<>{color:#000;}. De-clutter. Go through your house (with your spouse if you have one) and find items that you haven’t used in the last 12 months. Decide (together) if you really need them or if they can be given to someone who you know would benefit from them – a church member perhaps – or to an opportunity shop. If they’re not being used by you, they could benefit someone else.

#
p<>{color:#000;}. Are you paying off a debt – mortgage, car or otherwise? Make sure your repayments are as often as possible – weekly or fortnightly.

#
p<>{color:#000;}. Looking to make a big investment soon? Consider if a loan is truly necessary. Other than a mortgage, in a short time frame it should be possible to save regular amounts and purchase items outright. A $10,000 car could end up costing you $12,000 over a 5 year period and will devalue by half in the first 12 months. Buying a similar vehicle that is 12 months old with cash may be a much smarter move financially.

#
p<>{color:#000;}. Do you have a mortgage? Research the idea of an offset account. Setting one up means that any money you have left over for the week or that is put aside to pay upcoming bills can be sitting against your mortgage debt and keeping your interest down. It’ll save you thousands in the long run.

#
p<>{color:#000;}. Take a look at your bills for the past year. Some annual bills like car registrations and home insurance are cheaper to pay in full, rather than in smaller more frequent amounts. Save in anticipation of these bills – they shouldn’t be a surprise! In doing so, you’ll save yourself money over the longer term to invest elsewhere.

#
p<>{color:#000;}. Learn to give! God will only give it to you, if He can get it through you!

#
p<>{color:#000;}. Keep the majority of your money in a savings account so that it is earning interest. Only leave in your daily account that amount which you need to cover expenses for the upcoming week. If things change, you can always transfer from the savings account into your daily account. Until then, your finances can be working for you.

#
p<>{color:#000;}. Set yourself financial goals; be sure to list steps to achieve these (e.g. go on a family holiday in 12 months time. This will require saving $100/week on top of my usual savings). Share your goal with one or two trusted friends who will keep you accountable so that you’re working towards the goal regularly.

#
p<>{color:#000;}. Create a spending diary. Find a notepad or book that you can write in for a 30 day period. Make a note of every thing that you buy and how much it has cost you. At the end of this period, highlight the items you feel you can cut back on or purchase cheaper elsewhere. Do it!

#
p<>{color:#000;}. Research investment opportunities online or other ways to generate money through a hobby such as a website on your favourite topic. You may find that you can earn money from a topic you’re passionate about and already spending time on.

#
p<>{color:#000;}. Shop around for the best interest rate that you can find. Many banks offer a higher introductory rate for new customers. You are already saving, make sure the money is earning as much for you as it can! Term deposits are another way to earn more if you don’t need the money for a length of time.

#
p<>{color:#000;}. In times of plenty, don’t splurge this extra. Save a set percentage and use it to build up for times of need. If you unexpectedly come into money (like a tax refund) use it to decrease debts or increase savings.

#
p<>{color:#000;}. Compare the benefits of saving money and earning interest with keeping loans down that are incurring you interest. A mortgage may charge 5% interest while savings earn you 4% interest. It is wiser financially to put extra funds against the mortgage and save interest of 5%, rather than earn interest of 4% that ends up getting taxed.

#
p<>{color:#000;}. Meal plan; organising what you will cook each week or month will help you to utilise what you have bought, rather than leave food unused in cupboards and buy other things.

#
p<>{color:#000;}. Be clear on payment terms before undertaking a job so that you know where you stand; don’t set yourself up to be dissatisfied if you learn someone else has better terms than what you agreed upon.

#
p<>{color:#000;}. Establish a separate bank account for your child. If you put away $10 a week for 18 years, this totals $9,360 dollars for a deposit, education or something else. If you invested $10 a week for 18 years at 5% interest, this would total in excess of $14,600 at the end.

#
p<>{color:#000;}. Be proactive six days a week to bring in income, develop residual income and increase the value of your property; rest on the seventh day knowing you have been hard working and that God not only ordains, but insists on His people resting so they don’t burn out.

#
p<>{color:#000;}. Don’t shy away from second hand. Many things you need don’t have to be brand new. You can save a lot of money if you’re willing to purchase something previously loved by another: a fridge, car, lounge suite, etc.

#
p<>{color:#000;}. Look out for sales and prepare for them; save up for and buy in bulk during sales so that you’re saving money on items you regularly use.

#
p<>{color:#000;}. Seek out resources that you can acquire for free with a little patience and research. There are many online books that can be downloaded or local libraries that have a wealth of information you don’t need to pay to access.

#
p<>{color:#000;}. For big purchases, research pricing in advance of acquiring something. You can save yourself a lot of money if you take the time to look around.

#
p<>{color:#000;}. Research residual income options; there are many avenues where you can put in the work once, but gain the rewards many times over.

#
p<>{color:#000;}. Consider only borrowing money to purchase assets that will generate income for you, not for products that will decrease in value over time.

#
p<>{color:#000;}. Consider splitting your budget into the areas of tithes/offerings, living expenses and saving.

#
p<>{color:#000;}. Establish the difference between needs and wants. Do you need your next purchase? Can the money be better invested elsewhere?

About the Author

Christine Meunier is a wife, mother of two and child of God. Her passions include horses and finances. It is the mixture of her faith and interest in money matters that has led her to create and write a blog – http://www.wealthinthebible.com/

This was first a one year bible study that looked at God’s word over 365 days, with a focus on what it says about wealth. This in time led to the 30 day devotional, Wealthy Christians. This has been turned into an eBook for you.

If you head along to the Wealth in the Bible website, you’ll find a resources page – [+ http://wealthinthebible.com/wealth-and-faith-resources/+] – that provides free resources that are finance focused, faith focused or both. Enjoy!

You can contact Christine at [email protected]. Sign up to the Wealth in the Bible newsletter and receive updates – and freebies – as they are available! http://eepurl.com/bNS3Vj


Wealthy Christians A 30 Day Devotional on Wealth in the Bible

Wealthy Christians is a 30 day devotional that looks at God's word, wealth and how the two can work together to impact this world for good. It is broken up into 30 sections to be read one day at a time. This includes a bible verse, an exploration of a financial idea, a prayer to pray and an actionable idea relating to improving one's financial situation. This devotional is for those wanting to better understand how they can use their finances for God’s work. It is also for anyone who wants to take better control of their finances and save more for their future.

  • Author: Christine Meunier
  • Published: 2017-06-09 07:20:16
  • Words: 17925
Wealthy Christians A 30 Day Devotional on Wealth in the Bible Wealthy Christians A 30 Day Devotional on Wealth in the Bible