Tuesday, June 21, 2005

Money Matters

The borrower becomes the lender's slave. Proverbs 22:7

Buying stuff you don't need, with money you don't have, to impress people you don't know, is no way to live!

Here are 2 simple truths about your money that you need to keep in mind:

(1) Money won't make you happy! Now most of us agree, yet we act like it will. We're better paid, better fed and better educated than ever. Yet the divorce rate has doubled, the teen suicide rate has tripled, and depression has soared in the last 30 years. Two thousand years ago Seneca wrote, "Money, of itself, has yet to make anyone rich." Why?Because you are what you are - no matter how much or how little you have.

(2) Debt will make you unhappy! Samuel Butler, who satirised Victorian life in England, wrote, "All progress seems based upon a universal desire...to live beyond one's income." That's why Solomon wrote, "The borrower becomes the lender's slave." Do you want to be a slave? If not,work toward getting out of debt!

Now purchasing a home, buying a car, improving your education or investing in a business are good things - as long as you manage them well. But too many of us incur debt for frivolous stuff. When you'restill paying for something you didn't need, no longer use or even have,you're not being wise.

To reduce your debt:
(a) honour God with your giving;
(b) live on a budget;
(c) don't expect instant miracles;
(d)seek professional help.
Don't let your possessions possess you. If you're a slave to debt, find a way to free yourself!

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