Sunday, March 7, 2010

MoneyWalk 48: What's Your Plan?

This program will help you undo financial bondage.

A plan is a detailed written map of pursuits, goals, objectives, steps, and tasks that come from the vision God has given you concerning how your life is to be used to bring glory to Him, help spread the gospel in the earth, usher more and more people into His heavenly kingdom, and do good works that bless others.

Craft a plan that considers the:

1. Financial and life lessons learned from your past stewardship.

2. Current and future resources that will likely be available.

3. Future picture of how your situation will look in the natural as you follow the giving, saving, spending, and bill paying efforts you establish.

4. Future picture of how you (if the Lord wills) believe your situation will look as you pursue the needs and desires associated with the vision God has given you for the use of your life. God will put the super to your natural to catapult you far behind what you can think or imagine you could do.

A plan isn't hard to follow when you’re committed to taking on no more debt on items that depreciate in value. The budget part of your plan should start with your current situation and flow at least six months into the future. Also, you should regularly consult the budget because it will quickly let you know how much disposable income you'll have available for future purchases. It helps you exert self-control over the temptation to spend money you don't have and lets you know when it is financially feasible to make desired purchases such as homes, cars, vacations, hobbies, etc.

Keeping your heart and eye focused on the plan helps you achieve giving, saving and investment goals that are worthwhile and meaningful in fulfilling the purpose for your life. Your commitment to the budgeting process will help you see interest charges eliminated, disposable income growth, and savings expand enormously in the future because you wrote the vision plainly on paper and followed it.

A computer spreadsheet and budgeting software are better budget-drafting tools because of their ability to quickly and easily copy information over and over and automatically perform mathematical calculations that show you where you are and help you see where you can be in the future by following the plan and budget. However, pen and paper can work well and indeed that is how I started the process in my life.

A continual financial planning and budgeting process will bring your release from financial bondage much sooner than you ever thought possible. You'll see dreams and goals come true, your life's mission fulfilled, and material blessings increase. However, your wallet will be a bag with holes in it and your life will be filled with embarrassment and troubles when you don't draft a life and financial plan and budget and consult them before making spending decisions.

Please email any questions and pray for this ministry. May God bless you richly as you follow His plan!!!
Proverbs 3:5-6, 6:6-11, 16:9, Luke 14:27-33, 2Corinthians 1:15-19, 1Peter 1:18-20
Please forward these bondage breaking articles to other people who can use helpful insight!!!

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