How much should you save?
“Let Pharaoh appoint commissioners over the land to save a fifth of the harvest of Egypt during the seven years of abundance” (Genesis 41.34).
*Joseph implements a similar budgeting strategy used today, the 50/20/30 model
“Dishonest money dwindles away, but whoever gathers money little by little makes it grow” (Proverbs 13.11)
Consistency and being smart with your money is the key to growth no matter how much you make.
Example:
Monthly Savings – $200
12 Month Total – $2,400
Don’t Buy What You Don’t Need
“Why spend your money on what is not bread and your labor on what does not satisfy? Listen, listen to me, and eat what is good, and you will delight in the richest of fare” (Isaiah 55.2)
Investing Principle
“The man who received five bags of money went and put the money to work and gained five bags more”
(Matthew 25.16)
Monitor What Comes In And What Goes Out
“Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it?”(Luke 14.28)
Good People Aren’t Selfish
“A good person leaves an inheritance for their children’s children…” (Proverbs 13.22).
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