MoneyWalk 476 Principles That Bring Reward, Part 4

This program will help you undo financial bondage.

Refuse to accumulate more debt and eliminate current debt. The borrower is servant to the lender and thus God does not want His people to be in debt because it often causes people to make bad decisions and move away from God’s purpose for their lives and brings trouble upon them and their families. His desire is that you owe no man anything but love.

Refusing to live in a way that brings debt-freedom has brought great turmoil and upheaval in people’s lives via the enormous finance charges they incur as well as problems with repossession, foreclosure, and bankruptcy that millions of people deal with each year, some over and over because they never learn the lesson the LORD shared with them nor see that the bible never speaks positively with regard to borrowing money.

The debt snowball method (using all extra discretionary income after minimum payments are made to pay off the smallest debt first and afterward using all of it to pay off the next smallest debt) tends to be the best method because it is easier to chart debts and eliminate them and it gets you quick victories that positively affect your psyche and motivate you to continue to stick with the debt elimination plan. Also, it generally helps you eliminate total household debt within a few months of other methods that seem superior mathematically.

If you stick with them, other methods will work (like paying off the account that has the highest interest first, then moving to the next highest interest account) and on paper may work out better mathematically. However, they do not appear to have the same positive psychological and motivating effect in that a much higher percentage of people continue on to eliminate debt when the debt snowball method is used. Also, if you were a math genius, conceivably that would have already motivated you to stay out of consumer debt and/or get out of it quickly because you would recognize it greatly hampers your ability to properly manage your income and build wealth.

Refuse to cosign for the debts of other people. You will not help other people live in the responsibility God desires for them and you will bring financial trouble upon yourself by eventually being on the hook for paying the bills of irresponsible people. Bottom line is the debts are ultimately on your record when the people do not pay them and most don’t and it will severely crimp your life and likely put you in financial bondage.

Learn to tell family and friends NO to cosigning anything and simply give them a cash infusion toward worthwhile endeavors when you are in a debt-free and asset rich position where you can do so. You and they will be much better off in the long run as this approach teaches them to be financially responsible and disciplined. If they don’t learn the lesson, then you will not be drug down the hole with them when they become encumbered with debt they will not pay.

Please pray for this ministry and email me with any questions. May the LORD bless you richly as you follow His plan!

Deuteronomy 28:12, 15, 44, Proverbs 22:6-7, Romans 13:8, Proverbs 6:1-2, Proverbs 11:15, Proverbs 17:18

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

You can find books authored by Randy Parlor and Karen Parlor at www.Amazon.com

You can find many other MoneyWalk articles on Facebook by looking at the NOTES created by Randy Parlor at https://www.facebook.com/#!/profile.php?id=100000444069041&sk=notes.

You can connect with Randy Parlor on Twitter and LinkedIn

You can also view and/or listen to MoneyWalk articles at https://www.youtube.com/channel/UCXnztOIesOKIrSd_H6c-8mQ

MoneyWalk 475 Principles That Bring Reward, Part 3

This program will help you undo financial bondage.

Tithe and give offerings. Your local church should be your first recipient and you should also select a number of other reputable, worthwhile ministries and organizations as secondary recipients. Make sure that some of these organizations use a reasonable percentage of overall donations to support the poor and those in need in your community and beyond.

The LORD instructs each believer to give for these purposes and it is well-pleasing to Him when we do so because we are supporting the spread of the gospel message to lead other people into His Kingdom. Also, it makes us more useful in sharpening others via disciple-making so that each of us have tools and encouragement to fulfill the purpose and reach the destiny He imparted when He created us.

Budget your income and expenses. A number of free resources exist on the internet and you can feel free to contact me to help you craft a 3 to 6-month plan that shows:

a) Your income each pay period.

b) The tithe (10%) and offering (free-will) to be subtracted from take home pay.

c) Each minimum bill payment that must be paid from that pay period’s income (mortgage, rent, credit cards, car note, etc.). There will be a category for federal, state, and city tax to be remitted each month or quarter when income shown in item (a) above is not expressed as after-tax income.

d) Other miscellaneous amounts that must be taken from the income (groceries, personal money, gas for car, monthly amount of annual property tax payment, monthly amount of annual home and car insurance premium, monthly amount of annual life insurance payment, 2 or 3 low cost weekend vacations each year, low cost monthly entertainment, etc.).

e) The amount left over (which we call discretionary income surplus) or nothing left over (which we call a deficit). When your budget shows a deficit or the surplus does not provide enough discretionary income to completely eliminate all your non-mortgage debts within the next two years then you should work with an accountability partner who is a good financial steward to (i) determine which bills receive priority for payment at the current time, (ii) identify current expenses that can be immediately reduced or eliminated, and (iii) find additional work to increase income to help expediently get you out of the financial bondage you are in so you can build wealth to carry out His call upon your life for the future.

Please pray for this ministry and email me with any questions. May the LORD bless you richly as you follow His plan!

Genesis 14:20, Malachi 3:8-12, Matthew 23:23, Hebrews 7:8, Proverbs 27:23-27, Habakkuk 2:2-4, Luke 14:28-30

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

You can find books authored by Randy Parlor and Karen Parlor at www.Amazon.com

You can find many other MoneyWalk articles on Facebook by looking at the NOTES created by Randy Parlor at https://www.facebook.com/#!/profile.php?id=100000444069041&sk=notes.

You can connect with Randy Parlor on Twitter and Linkedin

You can also view and/or listen to MoneyWalk articles at https://www.youtube.com/channel/UCXnztOIesOKIrSd_H6c-8mQ

MoneyWalk 474 Principles That Bring Reward, Part 2

This program will help you undo financial bondage.

Be content. Choose delayed gratification instead of instant gratification. Do not buy that bigger house, more expensive car, new furniture, new jewelry, etc. until you have reached the priority goal of being a faithful tithing member of a local church and have become totally debt-free. Stuff to buy, places to vacation, ministries to give to will still be there at prices you can afford to pay after you reach your goal.

Show self-control. This is fruit of the Spirit shows that you walk in the Spirit and not according to the flesh (carnal nature). Pleasing God is the ultimate goal and can only be displayed by living according to His commands and guidance. You must learn to be obedient to biblical principles in order to control your fleshly appetite and put the focus back on fulfilling His purpose for your life. This will help produce wealth and increase giving in a way that is pleasing to the LORD Jesus Christ. The wide path that the world is following, spending with reckless abandon on many things that have no eternal value, would otherwise compromise and possibly derail your relationship with Him.

Be willing to sacrifice. Delaying gratification results in great benefits accruing to you in the long-run because it replaces short-term pleasure for long-term financial soundness and helps keep you out of financial trouble. Being willing to sacrifice is shown by being more interested in tithing and giving to evangelistic, disciple-making, and good works aimed at gospel purposes than you are interested in hoarding things of comfort, glamour, and prestige for yourself. Take up your cross and follow Him, for those who love the world and the things of the world are at enmity with the LORD.

Please pray for this ministry and email me with any questions. May the LORD bless you richly as you follow His plan!

Luke 3:14, Philippians 4:11, 1Timothy 6:8, Romans 12:1, Philippians 4:18, Hebrews 11:4, Proverbs 25:28, 1Corinthians 7:5, 9:25, Galatians 5:22-23

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

You can find books authored by Randy Parlor and Karen Parlor at www.Amazon.com

You can find many other MoneyWalk articles on Facebook by looking at the NOTES created by Randy Parlor at https://www.facebook.com/#!/profile.php?id=100000444069041&sk=notes.

You can connect with Randy Parlor on Twitter and Linkedin

You can also view and/or listen to MoneyWalk articles at https://www.youtube.com/channel/UCXnztOIesOKIrSd_H6c-8mQ

MoneyWalk 473 Principles That Bring Reward, Part 1

This program will help you undo financial bondage.

The first five principles are connected to the whole of your life, not just how you manage money. They should be a foundation for how and why you decide to do anything in life. They allow you to accomplish much, be very successful in your endeavors, and please God when incorporated with other actions like praying, studying the bible, listening to the voice of the Holy Spirit within you, fellowshipping with believers (attending church regularly), and before making major decisions getting the input of a group of counselors that believe in Jesus Christ and who seek to do His will. These principles help you fulfill the purpose for which God created you.

Understand that God owns everything. We are only managers of His estate. God is, always was, and always will be. He is the creator of all things including you, yet He is so gracious to allow you to live in His presence and receive His blessing. You have a choice to live with Him or live without Him. At the end of your days on Earth your choice becomes an eternal one. His desire is that you would choose to live with Him by inviting Him to live in you as Savior & LORD, because this is the only choice that makes Heaven your everlasting home while bringing great blessing and reward while you’re on earth, even in the midst of trials and temptations, because you choose to follow His instruction & guidance confirmed by biblical principles. Living without Him means you choose Hell as your home, which is a grave eternal consequence that does not have to be. according to His instruction and guidance confirmed by biblical principle.

You are to do good works. God-pleasing works should be your aim. This involves performing legitimate service to earn money and obtain resources to take care of yourself and family as an employee of someone’s enterprise or by crafting and selling your own products and service. It also includes engaging with His Church to be a witness of Jesus Christ to people around you and in other parts of the world and in some instances to help meet people’s physical needs (food, clothing, shelter, etc.).

Please pray for this ministry and email me with any questions. May the LORD bless you richly as you follow His plan!

Revelation 4:11, Psalm 50:10-12, 1Chronicles 29:11, Genesis 2:15, Ephesians 4:27-28, 2 Thessalonians 3:6-11

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

You can find books authored by Randy Parlor and Karen Parlor at www.Amazon.com

You can find many other MoneyWalk articles on Facebook by looking at the NOTES created by Randy Parlor at https://www.facebook.com/#!/profile.php?id=100000444069041&sk=notes.

You can connect with Randy Parlor on Twitter and Linkedin

You can also view and/or listen to MoneyWalk articles at https://www.youtube.com/channel/UCXnztOIesOKIrSd_H6c-8mQ

MoneyWalk 472 A Rich Life Is the LORD’s Will

This program will help you undo financial bondage.

You cannot out give the LORD! This is a reason some people can consistently give 30 to 90 percent of their income to ministry work and yet still accumulate great wealth. His forgiving and giving character and their desire to give Him glory via funding ministry work results in abundant harvests that continue to be reaped by them through many decades and indeed by their children’s children.

We often look to unsaved multi-millionaires for the roadmap to riches and our eyes gleam when we mention their names and give them great honor for what they have done in this life. We listen intently to what they say because deep down we desire a similar financial future in order to live the extravagant way they appear to live.

Yet, some of us refuse to believe that the same One who allowed them to be blessed on earth will reward us immensely now and throughout eternity. He simply wants you to exhibit faith in Him by applying biblical financial principles throughout your life because they will help you exhibit the right motive, actions, and aim while using the power He gives you to get wealth so you can establish His covenant in the earth. In this way, the inner-working of the dominion He gave man from the beginning will reward you spiritually and naturally to reach a rich level of abundance that is far more than you need to pursue and complete your purpose and callings throughout life when it corresponds to the Great Commission. In this way, He keeps you on the path of righteousness for His namesake and your best financial, lifestyle, and spiritual maturity outcome.

It is not unspiritual for you to believe a similar plan has been made available by Father God and by faith you can grab a hold of it and fund the gospel to a greater degree than you otherwise would be able to. Don’t seek the wealth level of any person nor compare yourself with any man. Simply seek Him first, His kingdom and righteousness by believing and employing every biblical financial instruction. They will make your life abundant in every way as you live and move and have your being in Him. A life of continual increase will be made available to you and you will never be on the path of one who obtains the world while losing his soul.

Please pray for this ministry and email me with any questions. May the LORD bless you richly as you follow His plan!

Genesis 1:26, Deuteronomy 8:18, Matthew 28:19-20, Mark 8:36, Galatians 6:4-5

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

You can find books authored by Randy Parlor and Karen Parlor at www.Amazon.com

You can find many other MoneyWalk articles on Facebook by looking at the NOTES created by Randy Parlor at https://www.facebook.com/#!/profile.php?id=100000444069041&sk=notes.

You can connect with Randy Parlor on Twitter and Linkedin

You can also view and/or listen to MoneyWalk articles at https://www.youtube.com/channel/UCXnztOIesOKIrSd_H6c-8mQ