Sep 30, 2016
Finding a balance in managing time in our lives is often a daunting task.
- Earning a living requires a good number of hours in our day, including a commute for some.
- We should be getting about 7-9 hours of sleep
- We need to have quality time with our families.
- We have errands to run, bills to pay, and the pursuit of some form of exercise or sports.
- We would also like to enjoy some vacation time.
Sometimes it can feel overwhelming trying to "squeeze it all in".
In This Episode We Look At:
Identifying three time frames to plan for: past, present, and future.
Having an understanding of these time frames allows you to strike a financial balance.
Without a plan, many will find themselves out of balance.
A few biblical examples are:
The Prodigal Son–Luke 15 12:13
The Rich Fool–Luke 12:19-20
The Unjust Steward–Luke 16:2-5
We can and should strike a balance.
It is possible to pay down yesterday's debts, save for today's expenses, and invest for the future.
- Identify your disposable income (income minus expenses).
- Divide that sum across the two or three that apply to you.
- Faithfully contribute to each and increase contributions often (at least annually).
Today's Resources and Links:
Tim's Blog series on "Christians Conquering Credit"
One Thing You Can Do Today to Improve Your Faith and Finances:
Divide your financial efforts across two or three applicable time frames. Allocate dollars toward debt, today's savings, and tomorrow's investments.
What Are Your Thoughts?
If you have a question or comment about today's topic, we invite you to share your thoughts.