The earth is the Lord’s and all it contains, the world and those who dwell in it. Psalms 24:1
One of my favorite movies of all time is It’s a Wonderful Life with Jimmy Stewart. Stewart is cast as the super-thrifty, ever-ambitious George Bailey, who has languished in his hometown and made a somewhat unassuming difference in the lives of everyone he knows.
The whole plot of the movie builds to the central crisis where George is in an excruciating financial difficulty in his business. The potential for ruin and scandal are everywhere. George (actually Uncle Billy) has lost $8,000, which was a fortune in the 1940s.
He seeks help from Potter, his arch nemesis in the movie, and is rebuffed. Additionally, he is told that because of his life insurance, he is worth more dead than alive. So he begins to plot a swan dive off a bridge.
In desperation, George even goes as far as praying. Hear his prayer: “God, oh God, dear Father in Heaven. I’m not a praying man, but if you’re up there and can hear me, show me the way. I am at the end of my rope. Show me the way, God.” Continue reading “Go to God in a Crisis”
If your family lost all your income, how much money does your family need to pay all your bills? This is an important number. This is your “Survival Budget Number.” This can give you hope or a target to shoot for in a downturn.
Let me illustrate, for a family of three that I have worked a budget with, their simplified budget is about $3,500 per month. That is taking out all the fluff, such as eating out, concert tickets, etc… If they had to really tighten their belts, they could probably cut another $500 a month before selling houses and cars. Continue reading “Curb Spending in a Crisis”
I must tell you about a young couple I know. They are an inspiration to me. In the middle of this pandemic, he lost his job, and her hours were cut back. But they have a tremendous heart for generosity, and they view their giving as separate from their normal expenses. Said another way, their giving account is not intermingled with their living account. So, during this crazy time, they were able to give $4,500 towards a cause that the Lord laid on their heart to give to. Wow!! Continue reading “Be Generous in a Crisis”
Trouble shows up in a variety of way. Every kind of trial has it’s own unique set of challenges. Coronavirus is not only scary because of the obvious threats to our health. But, it also has the potential to effect our financial situation. As our leaders scramble to figure out what the next step is, it is important to remember that God still sits on His throne and that He loves and cares for us.
Sometimes it helps to talk through your situation with someone. If we can be of help during this time please give us a call or drop us an email. Continue reading “Freedom 5:one Ministries Financial Hotline- Coronavirus”