In this digital age, we find ourselves living in a society that encourages us to spend. And in our desire to miss out, we have fallen into a trap. Why is it difficult to save? Social media and the easy, free acess to online information has paved the way for all to see what they “need”. To live for today because you only live once (YOLO).
We all need a solid plan to resisting that all-too-powerful “buy now” button, some have become addicted to it that it is now called “therapy”. My goodness! Our priorities have taken the backseat, and the pandemic didn’t help a bit!
So, why is it difficult to save? Here’s a peak at the discussion, but watch this episode in full to find out!
Lack of structure – they see the money, they use the money
Lack of goals – you just spend money if you don’t have any clear purpose
Credit cards – convenience tool? Not really. Interest rates are huge!
Endless wants – we are exposed to buy so many things. Social media doesn’t help.
Spiritual blockages – when you love money more than God, you will definitely have difficulty saving
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A very insightful discussion on a Christian’s financial investments. As God’s stewards, we are called to generate strong financial returns on our investments. Wisdom would likewise guide us to place it on projects, and companies that are very close to our faith, values and beliefs.
Set cash aside for savings, also to prepare for financial opportunities that may present themselves. Diversify and invest in high-quality assets. The impact of war on our finances is imminent, but when you plan and commit it to the Lord, He will be your shelter and shield. Proverbs 16:3 assures us “Commit your work to the LORD, and your plans will be established.”
Take a look around the world and you would agree that the world is very different. It has changed. Natural and man-made disasters, COVID-19, and of course, war. The impact of war on the world’s economy is unprecedented as we see countries coming together to wage not just armed conflict but economic conflict as well.