Monday, December 20, 2010

MoneyWalk 79: What Should I Do About This Christmas?

This program will help you undo financial bondage.

You should identify a Christmas spending strategy so the failure to plan won’t load you with more debt. Don't let the emotions of the holiday season bamboozle you into a spending spree that you'll regret later. Yet, most people go into the season without planning how much they’re going to spend or how they're going to divvy it up among their family and friends. Decide in your heart and mind that the thought is what counts and spend only what you have available in cash after you’ve given tithes and offerings to your local church and other ministries, after you’ve set aside reasonable savings, and after all other bills are paid.

Make a Christmas budget that identifies available cash and identify how much you’ll spend on each person. When necessary to stay within the budget, shop at stores like half-off card shops and discount stores that sell nice cards and gifts that allow you to stay within your budget. If you’re not be able to give everyone or anyone a gift because you don’t have the money to do so, then give them a card that expresses the feelings you have concerning your relationship. When necessary, it can be homemade.

True friends and family that really love you understand that friendship is not all about gifts. They don't get mad because you didn’t give them a present or a card, nor do they accept or reject you based on how much you paid for something you give them. They will definitely understand when you take the time to let them know you’re working to get your finances into good shape and be a good steward of the money God has entrusted to you. Those who don’t understand are really not your true friends anyway or it will simply take you some time being a good steward and reaching out in friendship in other ways for them to understand what friendship really is about.

In the future, use the same type of budgeting process / spending plan for other special occasions such as birthdays, anniversaries, etc. As you focus on being a good steward of the manifold blessings the Lord has entrusted to you, you will begin to learn more of what He desires in this area and over time you will become a much better steward. You will also endear yourself to people that will be true friends who have their eyes on the things in life that really matter. Remember, poverty and disgrace are the reward of the person who does not follow God’s instruction but the person who heeds His instruction will be honored.

Please email any questions and pray for this ministry. May God bless you richly as you follow His plan!!!

Proverbs 16:9, Luke 14:28-30, Romans 13:8

Please forward these bondage breaking articles to other people who can use helpful insight!!!

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