Happy 4th of July!
I have fond memories of a neighborhood parade we started years ago. It was a time to celebrate our freedom dressed in red, white, and blue. Children rode decorated bikes, walked their dress-up dogs and waved flags to cheering neighbors. Unfortunately, many do not know the joy of financial freedom. Do you? Do you have margin in your lifestyle to give generously and help others? Do you have a spending plan and budget? Do you have an emergency savings fund? Do you go to sleep at night free of financial worries? People may look successful on the outside, but could be pushing the limits of their income – or even exceeding it through excessive borrowing. Others have enough money to overspend, but extravagance has taken hold of their hearts.
Today, many go from elementary school through college without ever learning basic principles of personal finance. Financial goals or being on a budget may never cross their mind. To some people, budgeting is a lot like dieting: a last-resort measure to rely on when absolutely necessary. Others perpetually intend to start a budget but fail to take the first step. Proverbs 25:28 says, “A man without self-control is like a city broken into and left without walls.” The sooner you apply Biblical financial principles, the sooner you’ll experience true financial freedom. God’s standards require discipline. It’s not always pleasant to control your spending, but in the long run, discipline yields great freedom because it gives purpose to your work and frees you to serve God.
Speaking of freedom, check out my newest book, Economic Evidence for God. I write about the importance of freedom to worship God and its relationship to economic growth. It impacts our personal and national economy! Get your copy today at amazon.com.