Money Management

We live in a world that has become self-obsessed and selfish. The Bible even warns us that this will signify the end times. “But mark this: There will be terrible times in the last days. People will be lovers of themselves, lovers of money, boastful, proud, abusive, disobedient to their parents, ungrateful, unholy, without love, unforgiving, slanderous, without self-control, brutal, not…

A spender is someone who enjoys spending money, even on unnecessary items. Spenders usually have a short time horizon.  A saver is more careful with their money and tends to invest and build up savings for the future.   I want to encourage you to SAVE BEFORE YOU SPEND. “The wise man saves for the future.”…

We all need to make important financial decisions from time to time. The decisions we make can either propel us forward or break us. I want to encourage you to plan carefully, consider your options, weigh the pros and cons, and, above all, get advice. Get Advice. “Where there is no guidance, a people falls,…

Do you know the condition of your money? “Be sure you know the condition of your flocks, give careful attention to your herds; for riches do not endure forever, and a crown is not secure for all generations. When the hay is removed and new growth appears and the grass from the hills is gathered…

Please do not rush when it comes to making important financial decisions. Rather, be cautious.   “The wise are cautious and avoid danger; fools plunge ahead with reckless confidence.” (Proverbs 14:16) You can avoid a lot of heartache and pain by taking a cautious approach to big financial decisions.  Before you start that new investment… Before…

If you want to succeed and build towards financial freedom, you need to be prepared to work at it. Be smart, disciplined, and diligent with your money management, and you will set yourself up to prosper.   Related: 15 Encouraging Bible Verses about Hard Work that Lead to Success “Lazy people are soon poor; hard workers…

When facing a desperate situation, it is all too easy to fall prey to an investment scam, leading to significant financial loss and potential ruin.    “Greedy people try to get rich quickly but don’t realize they’re headed for poverty.” (Proverbs 28:22) Don’t chase the allure of get-rich-quick schemes. Instead, focus on investing in reputable options,…

“Whoever gathers money little by little makes it grow.” (Proverbs 13:11) You can slowly build up our wealth portfolio, little by little, one step at a time. You don’t need a lot of money to make money. The secret is to take a little each month and regularly add it to your investments. Over time, you…

It is important to diversify your investment portfolio. “Ship your grain across the sea; after many days you may receive a return. Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.” (Ecclesiastes 11:1-2)  Diversification is an important wealth-building strategy that reduces risk. Imagine if all your…

 “Give freely and become more wealthy; be stingy and lose everything. The generous will prosper; those who refresh others will themselves be refreshed.” (Proverbs 11:24-25) “Blessed are those who are generous, because they feed the poor.” (Proverbs 22:9) “Honor the LORD with your wealth and with the best part of everything you produce. Then he…

“A good man leaves an inheritance to his children’s children.” (Proverbs 13:22) You can build a wealth portfolio and a legacy that can be passed down to your family generations. With a long-term outlook, you can put your future family generations on the right road to a fruitful future by passing these principles on and investing…

Let’s face it. Debt leads to a lot of unnecessary stress. Adding up all your debts (your home mortgage loan, car loan, store cards, loans, and a few credit card repayments) can leave you with that sinking feeling.  “Owe nothing to anyone—except love.” (Romans 13:8) When debt levels rise, it seems to eat up your cash…

Your income is the basis for money management.  Only once you have an income can you start spending or saving. What are you using your income for? When it comes to spending, you need to manage your income responsibly.  Obviously, you will use most of your income to cover your essentials. This will include covering…

As you are aware, every country in the world sets a budget each year on how much tax they expect their citizens to pay to ensure that there is enough money coming in to ensure that the country can run efficiently.  When it comes to budgeting, a country will ensure that the various areas and…

Today, I want to share some advice on what Warren Buffet has to say about… We will also examine whether Mr Buffet’s wisdom aligns with what God says about these issues. You may ask, well, who is Warren Buffett?  He is an American investor, business tycoon, and philanthropist who is the Chairman and CEO of…

I bump into people all the time who have plenty of debt and not enough going into their savings.  Can you possibly cut back on some of your expenses and consider investing these funds? You may ask, “Clinton, will this even make a difference?” Let me tell you – It sure can! Can you possibly…

Do you have a money leak? If so, you may feel like your money is vanishing into thin air.  Sometimes, when we neglect our money management and don’t keep a close eye on our spending and expenses, it can feel like we are throwing money down the drain or like we have a hole in…

This festive season, choose to be wise with your money. Stick to your budget. Avoid taking on unnecessary debt. Think twice before you spend. “The wise are cautious and avoid danger; fools plunge ahead with reckless confidence.” (Proverbs 14:16) “The prudent see danger and take refuge, but the simple keep going and pay the penalty.”…

It is easy to spend money.  Do you often splurge on your credit cards? Do you find it easy to rack up debt?  I want to encourage you to watch your spending. Don’t just take on new debt, which may give you temporary satisfaction but leave you with a long-term debt hangover. Practice restraint. Be…