Financial Freedom

1 Timothy 6:6-7 “But godliness with contentment is great gain. For we brought nothing into the world, and we can take nothing out of it.”

Few things can restrict our freedom, trigger insecurity, and challenge our hearts like money. Now, money is not bad, in and of itself. We need it to live; It depends on how we use it as to whether it becomes a trap. It’s been said that money is a great servant but a terrible master. We can use money to build lives, serve others and honor God. But when money is in charge of our lives, it steals our joy and delivers stress. It can become a trap.

Some of the common financial traps include: the debt trap. The average American no has $38,000 of personal debt not including a home mortgage. The anxiety trap. We can fall into this no matter how much we have! The “never enough” trap. That nagging feeling we are just one purchase away from being content.

The good news is that we can find freedom in our finances. This starts when we acknowledge God is the owner of everything. Everyday we live in His world and enjoy the life that He has gifted to us. Our lives and stuff is ultimately His! The next step to freedom is to have a plan. When we tell our money where to go it’s amazing what can happen. Finally, I suggest follow the 10/10/80 principle. Invest your first 10% in the work of God. This investment is eternal and one day you will be glad you did! Next, save 10% for long-term savings. Create a nest egg for the unknown. Finally, live off of 80% for you daily needs and be content because we are very blessed!

Take a couple of moments to consider your finances today. Does this give you sense of freedom or do you feel trapped? What do you have to do today to get control of this important area of your life!

Read and reflect on 1 Timothy 6:6-10;17-19 and take a step towards financial freedom today!

God Bless,

Mike

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Financial Freedom