Sunday, December 15, 2024

MoneyWalk 279 Gift Giving

This program will help you undo financial bondage. 

It’s good from time to time to give to others because this shows you love and appreciate them. In doing so, you’re imitating your heavenly Father and opening pathways to positively touch their lives and lead them to Him and strengthen them in the faith. You should do this, but with a plan to set aside funds and allocate spending for such gifting (including birthday, holidays, and anniversaries). This is best, so emotions caused by commercialization, culture, selfishness, and desire for applause don’t send you on a spending spree you can’t afford. Otherwise, mismanagement of your income and assets and mounting debt will make you regret it.

Loving family and friends in their right minds accept you regardless of the size of your wallet or gifts. They don't get mad because the card or gift you gave them wasn't at a certain expense level. In fact, they could care less whether or not they receive gifts. And when they do, they appreciate them immensely. So, decide in your heart and mind that the thought is what counts and spend only what you have available in cash after (1) tithes and offerings are given, (2) all other bills are paid, and (3) money is set aside for saving and investment.

Craft an annual gifting budget that identifies available cash and allocates specific amounts for each person (for special days and holidays) whom you want to buy a card or gift. You may find you're unable to purchase a gift for every loved one or that it’s unreasonable to spend like you’ve spent in past years because you’re currently in financial bondage or have financial goals that need more of your discretionary income to bring to pass.

In such cases, settle in your heart that no-cost, low-cost cards and gifts are optimal (or none at all) until you’re out of bondage and reach your goals. Shop at discount stores that provide nice cards and gifts and consider meaningful homemade items and services. Such good stewardship will create discretionary cash flow in your monthly budget that a year or two down the road allows you to engage a greater level of generosity toward others and yourself without thrusting you back into financial bondage.  

Proverbs 16:9, Habakkuk 2:2, Luke 14:28-30, Romans 13:8

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://www.amazon.com/Power-Get-Wealth-Randy-Parlor-ebook/dp/B08QCH5MVH/ref=sr_1_2?keywords=Randy+Parlor&qid=1638336718&s=books&sr=1-2

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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