Scriptural Network

 

Scriptural Home
Master Your Money
 
Keep your credit (cards) clean
Why Insurance planning?
5 Keys to Financial Success
Before you take a housing loan
Diversify, diversify, diversify?
Compounding: Loans or investments
more...
Financial Glossary
estore
DVDs (region -free)
estore
Instant Downloads
estore DVD eWorkbooks
estore DVD eLeader's Guide
estore Small Group tools
estore Powerpoints & eWorkbooks
Business by the Book DVD
marriage and money

 

Scriptural Financial Freedom Obtaining God's Blessing

 

 

 

 

 

Marriage, Divorce and Money

It is estimated that 90% of all divorces are a direct or indirect result of money -husbands and wives and families financially destroyed by debt - is always devastating. Many even end up tragically.

When we experience problems like those, we try to patch them over with something that can ease our pain quickly, rather than trust in Him and rely on His provision. But that only feeds the root problem. It never solves anything.

Here are some tips:

1. Compounding works against you. Compounding can enlarge your investment amazingly over time. But the same principle can work against you - when you're the one who must pay the growing interest.

2. Getting in debt is easier than getting out. If you're overspending by $1,000 a year, then you must not only stop overspending, but also start paying it back with interest. That's difficult. But it can be done, little by little over a long time.

3. Debt mortgages the future. Because of the interest payments you must make, you are sentencing yourself to a lower standard of living in the future.

4. Debt robs you of the freedom of choice. You have an obligation to repay - it becomes your number one financial priority.

Rather than using debt to solve our problems - and finding ourselves in greater jeopardy than before - He invites us to place ourselves in His hands.

Action Item:

Take a financial physical checkup. Establish a finish line. Plan how to get from here to there.

Bottom Line

Debt - a symptom of much deeper problems - keeps us from experiencing His best for us and our families.


This article is from
financial articles

 


 

 

 

 



Copyright (c) 2009 by Scriptural | Term of use | Privacy policy | Shop