The plans of the diligent lead to profit as surely as haste leads to poverty- Proverbs 21:5
A few years ago, Gallup released a poll that said one in three Americans prepare a detailed household budget. When you compare that with a similar stat that says that 70% of us are living paycheck to paycheck it is painfully obvious that most of us are flying blind. Is it any surprise that the financial stress in our culture is palatable?
One of the key components of being well managed in your finances is to have a written working budget. We say that not just because we like budget (though we do like budgets), but because year after year we sit down with families who are working through the consequence of not having a firm handle of where their money is going? Consequences like
- Financial stress
- Arguments with loved ones
- Thwarted goals
- Negative health issues
- Fear
- Anger with God
- Frustration with Employers
- Low self esteem
- Confusion
Freedom 5:one Blog 