Treasures of Wisdom
Published: July 19, 2008
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“Bling! Bling! Bling! I can’t wait to get my ring! A few years after that, I will have a 325i coupe BMW with chrome rims.” How many of us have been duped by the pursuit of the bling! bling! only to have our credit jacked. Too often, this is the type of thinking of many young people today, without also having a sound financial road map for success. Statistics show that many face thousands of dollars in debt from credit cards and college loans.
The saying goes, “If you fail to plan, you plan to fail.” To start with, we should understand that since we belong to God, everything we have is His also, including our finances. “God paid a high price for you, so don’t be enslaved by the world” (1 Cor. 7:23, NLT). The world has a certain way they handle their finances, but it does not bring honor to God. As such, we should pray about our financial goals, consult the Bible for understanding, and seek out godly advice to set up a financial plan.
Some of the basic things to include are tithes and offerings from your gross—we will deal with this topic in more detail later—bills, savings, and retirement. Everything else, like the bling! bling! should take a back seat until you have your debt under control. If you begin in this manner, you will avoid a lot of pitfalls including stress, bad credit, but most importantly, a distrust between you and God over how you manage your finances.
This, we want to avoid at all costs.
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