07 May 2015

Some Financial Advice

Bob at Christian Personal Finance has been writing financial advice from a Christian perspective for a long time. He has a newsletter, blog, courses, books, and lots of personal advice. I find his advice timely and useful.

piggy bank

Photo credit: Ken Wilcox. / Source / CC BY-ND

He wrote a column in 2007 entitled The one thing I would teach a recent college Grad.

This road can sometimes feel like a lonely road, when everything and everyone around you is yelling, "Spend! Spend! Spend!" But, be assured, those who go down this road get the last laugh. They experience freedoms that most people only dream of.

If you are like I was, you will think, "oh, I can spend now, because I will be making more money later." Well, the truth is that it doesn't matter how much money you make. Expenses rise to meet income. So, as your income increases, you can be sure that, by default, your expenses will increase as well. Believe it or not, there are people out there with $500K annual salaries filing bankruptcy and in the same moment, you have people who never...

The article deals with some timely advice for the recent graduate but even people who are older. It truly is never too soon to start.

God has much to say about finances in the Scriptures. If we heed God's advice, we will be much better off. You and I know some things never seem to work out and tragedies do happen but generally we will be better off. Not only do we learn, but we can pass this information to our children, friends, and neighbors.

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