I would not have made a very good Israelite in the days of Manna. You remember those right? The nation of Israel had recently exited from Egypt under the strong arm of the Lord and had left the Egyptians in complete disarray. The victorious nation with heads held high would soon war with the nations of the promised land and live in a land full of milk and honey or said another way- a land so blessed that they would have everything they needed and more. The plentiful vision of the land to which they were heading set up an expectation that would come to haunt them for the next 40 years or so. As you probably know they would receive the Law of God in the middle of a Golden-Calf revolt. Then they would “chicken out” at the border of the Promised Land at Kadesh Barnea. Because of their lack of faith, they would spend the next 40 years wandering through the wilderness. How disappointing! Continue reading “The Blessings of Daily Bread- Intro”
I am in the middle of processing payroll and about to pay bills. Looks like it is going to be a MANNA month. What is a Manna month you ask? A manna month is one in which the Lord is providing exactly what we need and no more. On the surface that sounds great but the reality is that I prefer a SURPLUS month. I like to look at my payroll account and my savings account and see a lot left over. And yet it seems that we have more months that are “manna” than “surplus” which seems to be the Lord’s preference. Let me backfill the Manna part for you. Continue reading “Manna Living”
Warren Buffett is known for his one-liners and one of his most memorable ones is about financial mismanagement. He says, “You only find out who is swimming naked when the tide goes out!” By that I think he means that if you are not managing your finances well, then when you encounter a tough time your vulnerability will be obvious to all. That is why we are so insistent that every family needs a financial spending plan. As we discussed in our previous post two out of three families are just winging it when it comes to their finances. And as Mr. Buffett says time will reveal what we are wearing under the water. Continue reading “Signs of a Healthy Financial System: Generosity”
We all grow up dreaming of a Wonderful Life. Family and friends who love us. Good job. Nice house. Plenty of food. Enough money to take care of our needs and even some of our wants. When I got married one of my friends was asked to give us marriage advice. His advice was classic. “Tim, give Terri everything she wants.” “Terri, only want what you need.” I can still remember his wife catcalling from the background about his bad advice. But, behind his playful banter was a principle. And the principle is this; for a family to be successful the family has to be on the same page and have a plan. Particularly in the area of money. Nothing will challenge a marriage more than how to manage the family resources. Continue reading “Signs of a Healthy Financial System: Do You Have a Good Plan?”
For a limited time, we are offering a free copy of Tim Howington’s best selling book How to Manage Yourself when there is No Money to Manage. We say best selling tongue in cheek since Tim has written two books and this one has sold more than the other. Seriously though, this book is geared for families who are dealing with a difficult financial situation and are looking for a Biblical way to manage their hearts in a stressful time. It is also available at Amazon if you prefer to read on your kindle. Continue reading “Free Book”
I have been doing a lot of thinking lately about retirement. Unfortunately, I am one of those guys who didn’t listen real well in the Investment 101 class. Come to think of it, I am not sure I got invited to the Investment 101 class. I heard about it and even got some of my friends who shared some of their notes and highlights with me. Best I can remember, the curriculum is pretty simple: invest money early in your 40 year working life and that money grows over time and will hopefully grow enough to tide you over in your 20 years of retirement.
Let’s do the math on the American Dream. Young professional settles in to a working rhythm by age 25 and works 40 years till he hopefully retires at 65. Retiree enjoys healthy golden years and hopefully gets to put in another 20 years where he/she dies peacefully at ripe old age of 85. Because it is no longer cool for said retiree to depend on children or anybody else they must have saved enough money over the 40 years to help them remain “financially independent” till they die.
That sounds awesome. All I have to do is figure out what I want to live on and then save it. Simple right? Continue reading “One Million Dollars is a lot of Money to Save”