What did your parents teach you about debt? More specifically, what did they teach you about credit cards, student loans, etc. Was your home an environment of ‘plenty?’ Or were shut-off notices, empty pantries and evictions a common occurance?
If your childhood included times of poverty and 'not-enough’, there is a good chance that you don’t make the best decisions when it comes to money. You probably think "Well, as long as I have a car and a place to live, and as long as I’m able to buy the newest tv/games/purse/shoes then I’m doing pretty good!" But if your mailbox is filled with the pretty pastel notices threatening disconnection, or if your credit cards are maxed out, you are NOT living the life God planned for you.
Spend some time reviewing your bills. Not just your household bills, but also car notes, mortgage statements, student loans, etc. Figure out just how much you owe. Then make a plan to begin an aggressive payback. Don’t just pay the 'minimum’ because if you do that, you’ll take forever to pay everything off.
And not only that, your happiness will be reduced with each and every bill you receive. The higher the balance, the less peace you will feel in your heart.
As you create a new spending plan, be sure to get rid of the extras you find yourself spending lots of cash on. Lunch with friends may have to be put on hold for now, as will your daily store-bought coffee. Instead, invite your friend to bring their lunch and take a walk afterward. Fire up the coffee pot at home and make your coffee every morning instead of hitting up your local coffee spot. And if you have children, begin to lead them along the right path to financial security.
I pray that you will have a productive and peaceful week, and that you are able to be a blessing to someone in need. I also pray that your money worries are reduced and that you are able to feel God’s presence in your life with every step you take this week.
God bless you!
Scripture: Psalm 37:21 NIV
The wicked borrow and do not repay.
Mama. Wife. Poet. Teacher. Maniac.