Save By Taking One Day at a Time

Are you a saver?

According to MarketWatch, nearly 1 in 5 Americans saved zero money in 2021. A 2022 survey reported that only 43% could cover a $1000 emergency expense from their savings. No wonder many are worried about having the funds to cover just one month of living expenses. Apparently, a lot of people don’t understand the peace and contentment that saving brings. It takes desire and discipline to get there, but it’s worth it! Lives are transformed by trading the outward/visible pride of cars, clothes, and homes for the invisible peace of savings, retirement, and investment accounts.

Saving is just one part of the financial advice given throughout the Bible. In Proverbs 6:6-8 we read, “Go to the ant, O sluggard; consider her ways, and be wise. Without having any chief, officer, or ruler, she prepares her bread in summer and gathers her food in harvest.” Proverbs 21 says, “The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty.” (Proverbs 21:5) The key to saving is to develop the habit. Let’s say you resolve to save 1 dollar a day. Just a dollar. In one year, you’ll have $365 in an account. What if you can save $5 a day? A year from now, you’ll have $1,825. Save $10 a day and you’ll have $3,650, and all this before adding compounded interest!  Imagine the impact of doing this year after year after year!

Now if you want to save but you’re stuck in credit card debt, contact Christian Credit Counselors. They can create a debt management plan that works for you. For more information call the Crown Helpline: 800-722-1976 or visit online at crown.org/ccc.