My MoneyLife™ with Chuck Bentley
Ways To Cut Your Financial Stress
Friday, November 25, 2011
Listen to the Program:
Transcript of Today's Program:
I think we can all agree that the economy is causing a lot of financial stress. ith that in mind, a recent Money Magazine article really caught my eye—3 ways to cut your financial stress. They’re basically good ideas—one of them is terrific, in fact.
Here’s number one—ease off budgeting for a while. The idea is to put your savings aside first and then not worry about every single dollar after that.
That’s okay if you still get your bills paid, and to my mind, it’s still budgeting, just on a macro level. If it eases your stress—fine, but I wouldn’t recommend it long term.
Next, schedule your worrying. That sounds ridiculous, but apparently, research shows that setting aside 15 minutes to think about a financial problem—and then not thinking about it until the next scheduled time—relieves stress.
I would add some prayer time, asking God for wisdom to help solve your problem.
And finally, be generous. I couldn’t agree more. I love it when the experts stumble over one of God’s financial principles. Researchers in British Columbia discovered that being generous with others lowers the stress hormone cortisol.
Hmm. Luke 6:38 says, “Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For with the measure you use, it will be measured to you."
That verse doesn’t mean God matches you dollar for dollar. It simply means that as you are generous with others less fortunate, He will be generous in His blessings to you.
Now, can feeling God’s blessing pouring down on you lower your cortisol level?
Oh, I think so.
Starting a Business
Starting and managing a business takes motivation, desire, talent, research, and planning.
How to be a Success
To be a spiritual success, a Christian must be willing to relinquish all rights and accept God’s plan. God’s plan will always provide enough.
Should I Start a Business?
Starting a business can be a complex undertaking, requiring much prayer and consideration, the right motive, a workable plan, and adequate capital.
Basic Business Minimums
Christians need to give their businesses to God, live by His principles, and accept the fact that they are managers of His business.