This program will help you undo financial bondage.
People who are in good financial shape know at all
times how much money they can spend without running over their spendable assets
and they refuse to purchase items that cost near that amount in order to stay
in sound financial shape. They learn (a) not to care what other people think, (b) not to try to
impress other people, and (c) that they cannot produce long-term happiness via
purchasing material things their income and assets cannot currently
and comfortably cover. They understand peace and joy come only in a personal relationship with
Jesus Christ. This allows them to enjoy their lives no matter what
material things and experiences they may or may not have.
In order to have a healthy
financial life, you must be diligent in balancing your accounts (including
checkbooks). Many people aren't in good financial shape because they are
not diligent at immediately recording checks written and withdrawals from their
checkbook balances. Also, they do not balance their checkbook monthly. These
negative habits lead to overspending and unnecessary charges for bounced
checks.
You cannot truly know what
you have to spend unless you know what is in your accounts and thus you will
most likely overspend available money because you’ll only remember the few
deposits recently put in your accounts and not
the many withdrawals taken. Most checks are cashed days after they're written
which means a check written at an earlier date may eat into your perceived
balance leaving less actual money to spend. In addition, people are putting more charges
on credit cards that ultimately must be paid by what is in their checking
account, else they will go unpaid
and be subject to delinquency fees and other costs as well as additional compounding
interest.
You will not recognize this
dilemma and thus will get yourself into financial bondage if you are not
faithful in recording deposits (including checks written) and
withdrawals and make sure you don’t put on credit cards anywhere near the
liquid assets you have available to be able to pay the charge in full when it
is due. If you don’t record entries immediately and
don’t
balance your checkbook monthly and keep watch over your accounts and spending,
you won’t catch inevitable banking mistakes before they cost money that could
be used to spread the gospel, build an appropriate
emergency fund, eliminate debt, gain financial independence, and build wealth.
Proverbs 21:20,
Proverbs 27:23-24, Habakkuk 2:2-4, Luke 14:28-32, Luke 16:10-12
Please pray for this ministry and email
questions to parlor@ameritech.net and share the links below with others who
need guidance. May the LORD bless you richly as you follow His plan!
Share https://kminfo.org/ministries/financial-freedom weekly with family and friends so these
bondage-breaking articles and other financial information can help them gain
helpful insight! @everyone
The book at the link below provides
principles and practical steps that help you use the Power To Get Wealth.
By 1992, we had $135,000 of debt and a negative $35,000 net worth. Financial
bondage and turmoil led me to seek principles and a process for employing good
stewardship. As a result, we became constructively debt-free in 1998, mortgage
free January 2004, millionaires in 2012, multi-millionaires shortly thereafter,
and retired in 2018 in my mid-fifties from public servant jobs while giving
abundantly to fund the gospel of our LORD Jesus Christ. The same power is
available to you!
https://books2read.com/u/4NgpBo
You can find books
authored by Randy and Karen Parlor at www.Amazon.com.
You
can also connect with Randy Parlor on Facebook, Twitter, Linkedin, Instagram,
Google Blogger, WordPress, Pinterest, TikTok, Tumbler, and You Tube.
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