Today we conclude our series on Financial Literacy Month. Over the last few weeks I have shared some of my previous posts on the topics of budgeting, saving money, and debt elimination. Today I will turn the focus to the subject of giving.
Why did I pick these 4 topics? Because I believe that when we master these 4 areas of financial management we will prosper. When you get on a budget you get control of your money and you learn to live on less than you make.
When you spend less than you make, you can allocate some money to savings, even a beginner’s emergency fund. If you have at least some savings, you can avoid getting further in debt when an emergency situation arises. When you stop adding to your debt, you can use the improved cash flow to completely get out of consumer debt and then build a full emergency fund.
Then, with a solid financial foundation you can plan for the future (college, retirement). But as you prosper with your money I want you to remember that giving should always be a key component of your budget. I firmly believe a good understanding and practice of godly giving stewardship principles is at the core of a successful financial plan.
Generosity is a distinguishing trademark of people who prosper with money. So go and win with your money but remember to keep your hands open to help anyone you can, whenever you can, as much as you can. What can you do today to become a more generous giver?
The Giving Series
- The Joy of Giving
- First Things First
- 10 Stewardship Questions Part I
- 10 Stewardship Questions Part II
24 There is one who scatters, and yet increases all the more, And there is one who withholds what is justly due, and yet it results only in want.
25 The generous man will be prosperous, And he who waters will himself be watered.
Proverbs 11:24-25 (NASB)