Monthly Archives: July 2016

8 Christian Principles about Personal Finance

Questioning the truth

                                                              Questioning the truth

 

Guest post by Marife Rosas

You might hear a saying before that says: “Money is the root of all evil”. Some say’s that if you are rich, it will be hard for you to go to heaven. I can’t blame them with those thoughts especially if you are like me who grew up in an environment wherein their past time is watching “unlimited teleserye”.

Don’t get me wrong, I love watching television as well, and it’s not a sin to do so. Is just that sometimes, we are unconsciously absorbing the wrong thoughts that “We need to be poor” so that we will become the protagonist (bida) of our life. Because sad to say, most of the time, teleserye portrays that rich people usually are corrupt, selfish, and full of pride; that’s why unconsciously, people are not aiming to improve because they are afraid to become the antagonist (kontrabida) in their own life .

 

But the Holy Bible is clear, It say’s “For the love of money is a root of all kinds of evil”

1 Timothy 6:10. It’s clear that it’s not only about money, but Love of it. It means that when we love money more than God, that would be the fall comes in. But when we know that Money is only a powerful tool that can be used to bless other people around us, I am sure that you will never stop to aim high.

 

Today, I would like to share with you the 8 Truths that will help you to improve in your personal finance.

 

It doesn’t matter if you are just a student, a professional, employed, house wife, self-employed or entrepreneur. These 8 Christian Principles will be very applicable for you.

 

Have a Paradigm Shift

Keeping away from negative people, over-spenders, reading books, listening to audio books, attending seminars that will help you grow, and seeking Godly counselors are very helpful technique that will help you to gradually have a Paradigm shift. The bible say’s “Without counsel purposes are disappointed: but in the multitude of counselors they are established” (Proverbs 15:22), and if you unconsciously gained the “Teleserye fever” this will be a cure. J

 

Acknowledge that God is the supplier of everything

Philippians 4:19 says, “My God shall supply all my need according to his riches in glory by Christ Jesus. 2 Corinthians 9:8 adds, “And God is able to make all grace abound toward you; that ye, always having all sufficiency in all things, may abound to every good work.”

We have to focus to the Lord and returning to him what is His through tithing, is one way for us to show our “living faith”. Because to just say by words is easy, in fact everyone can say that they believe, but not all does. That’s why it’s important for us to dare to be part of the few who Acknowledge it by their words, but most importantly with their actions too.

Deuteronomy 14:23 says, one purpose of tithing was to teach the people of Israel to put God first in their lives.

 

Appreciate what you have 

Take note of all the blessings that you already have, and commit to yourself that you will become a good steward of it. By doing this, you will prove to yourself the faithfulness of your God upon your life for giving you so much to be thankful for, but at the same time to remind yourself that there is a purpose why you get those blessings. You have to work as much as you can to maximize it for His honor and glory.

 

Dedicate a specific time to plan and work hard in your finances

It’s important for us to know where we are right now for us to know how near or far we are from the situation where want to go. And in personal finance, we can solve this by computing our cash flow, SALN, and learn how to manage it right, and if you think you need more, It would be a good idea if you will “Increase your cash flow” by starting with the God-given talents that you already possess, hone it, use it, and monetize from it and treat it as your first business. The Scriptures spell it out: “In all labour there is profit; but the talk of the lips tendeth only to peneury (poverty) (Proverbs 14:23)

 

Build  your back up

It’s important for us to understand that there will be rainy days in our finances and If we built our back up (savings) it will not be too difficult for us to face it.

Proverbs 21:20 says, “There is treasure to be desired and oil in the dwelling of the wise; but a foolish man spendeth it up.” And Proverbs 22:3 emphasizes, “A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.

 

Be Disciplined and Rule over unwanted spending

I’m sure that all of us have goals of honoring God is whatever we do and for that to happen, it’s necessary for us to cut down our lifestyle. That means overcoming the problem of debt, and it means avoiding frivolous spending. Besides, Christians are to be people of control and discipline (Galatians 5:22-23; 2 Peter 1:6). One place that manifests itself is in our spending.

 

Trust in God’s purpose

The Bible says that the thief’s purpose is to steal, kill, and destroy. My purpose is to give them a rich and satisfying life. (John 10:10)

I truly believe that all of us have unique purpose in life. You have God-given talents / Purpose that only you can do. If you know that it is for His glory, no matter what other people are saying against you, or even the whole world might not understand you at first, but you are convinced that God can be glorified through that talent, I encourage you to share that to the world and be the blessing itself to other people. Many people are eagerly waiting for you.

 

Surrender

It’s necessary for us to plan for our life but at the end of the day, His plan will prevail, that’s why surrender is tremendously important for all of us to have peace of mind that no matter what we are doing right now, God is there to help us according to His plans.

 

13237735_10206906245114859_9055345535885813470_n

 

Marife Rosas is a Christian Infopreneur/ Author / Financial Advocate and  Founder of Christian Infopreneurs Academy. Please subscribe to her Facebook Page: https://web.facebook.com/AuthorMafe/ and if you want to know her more, check also her  Website: www.mariferosas.com. She also got a Youtube Channel: https://www.youtube.com/channel/UCXMC6OtGu8JqfT0ZNhcvBpw

 

Btw, I have a new E-book entitled “Christian Infopreneurs Handbook” (How to Effectively Use your God given talents for Profit and Purpose) that I am giving away for FREE to all new subscribers of my blog, www.mariferosas.com .

7 Comments

Filed under Money Management, Money Mistakes, Money Problems

Why being a millionaire doesn’t mean you’re happy and what to do with it

A lot of people would like to be a billionaire or millionaire at a young age but upon further research and study it shows up that being overly wealthy won’t give you too much happiness. Here are the billionaires who stated those lonely words.

John D. Rockefeller– King of Oil Industry “I have made many millions, but they have brought me no happiness”

W.H. Vanderbilt– The Commodore and King of Railroad “The care  of $200 million is enough to kill anyone. There is no pleasure in it.

John Jacob Astor: I am the most miserable man on Earth

Henry Ford– Anti Capitalist “ I was happier when doing a mechanic’s job”

Andrew Carnegie–  The Steel Magnate.  “Millionaire’s seldom smile”

Charles Schwab– President of the largest independent steel company- Died Broke

Arthur Cutten– Greatest of the wheat speculators- Died abroad, bankrupt

Richard Witner – President of the New York stock exchange- died just after release from Sing Sing Prison.

Albert Fall– Member of a U.S. president’s cabinet- was pardoned from prison so that he could die at home.

Jess Livermore – greatest “bear” on Wall Street- committed suicide.

Leon Fraser– President of the Bank of International Settlements- committed suicide.

Ivar Kreuger – Head of the world’s greatest monopoly – committed suicide.

King Solomon – Whoever loves money never has money enough; whoever loves wealth is never satisfied with his income.

Dr. Aaron Beck conducted a study of patients hospitalized with suicidal intentions. He published the results in The American Journal of Psychiatry. One of the major risk factors contributing to a suicidal frame of mind was listed simply as financial resources. The doctor’s brief commentary was this: “Risk increases with resources.” The risk of financial resources is well illustrated by the suicides and emotional breakdowns that commonly occur during significant drops in the stock market. It’s also in the epidemic of high blood pressure and hypertension among today’s successful professional.

If you want to be a millionaire, never focus on profit alone but help millions of people first to enjoy the process. Materialism brings us unhappiness and anxiety compare to helping other people that gives joy and satisfaction.

 

Your finances will be in a bad situationif you don't stop chilling with the wrong people (17)

David Isaiah Angway is a Registered Financial Planner, Chartered Wealth Advisor and a financial consultant for IT-BPO-Banking, HealthCare Industry and Manpower Agencies. He is a conference speaker and was featured multiple times in ANC On the money, Bloomberg TV Philippines. He also writes for BusinessMirror, Rappler, and MoneySense magazine. He is a licensed nurse and a former Senior Fraud Specialist of the largest bank in the world, JP Morgan Chase & Co.

He is the CEO and founder of WinLongTerm Financial Consultancy, that helps organizations retain their top key employees such young urban and educated millennial (Gen Y). It sets and achieves their long-term financial goals by empowering them through behavioral finance.

For more information and concerns subscribe to winlongterm.com Facebook page or contact me at david@winlongterm.com, here’s also my mobile number 0925-787-7796

 

1 Comment

Filed under Uncategorized