Money and finances.....

[4hisglory]

From my observation, it seems like so many people aren't trying to secure there finances and stop living from paycheck to pay check.  Does it ever seem like that to you??

[Cherri]

Educating and seeking knowledge on finances, expenses, savings, stocks, bonds, wages, etc... is a must. Most people think making more money is the answer.

[csedwards2]

The natural progression of life is to spend spend spend.

You're weird if you save, you're crazy if you invest, you're cheap if you're debt free, and you're lucky if you're rich. Remember 97% of the money in the whole enitre world is controlled by only 3% of the people.THey must be lucky; no, its a choice. The decisions you're making about your finances right now is a product of the people you've hung around, the books you've read,and the classes you've taken over the past 5 years. Change those things, and you can change your whole entire life. We have to get away from what the world calls us, get away from the world's philosophies and broken habits.

"Do not conform any longer to the pattern of this world, but be transformed by the renewing of your mind. Then you will be able to test and approve what God's will is—his good, pleasing and perfect will."
- Romans 12:2

[playhear]

Story Time...

My cousin "Joe" who is 20 received some inheritance money after Joe's grandmother passed away.  $60,000 to be exact.  So, of course, before Joe actually received a penny, Joe managed to spend about $2500 because Joe figured, "I'm 'bout to be paid!"  (Joe borrowed the money from other family members.)

Joe’s mother knows that Joe is a basket case. So, instead of giving Joe the whole $60,000, she decides to give Joe $10,000 in installments.  Although not totally legal because Joe is over 18, the installments were for his own good.

Before paying off Joe's debts, Joe decides to go ahead and purchase a "custom made, gold and diamond grill, baby!"  There goes the $10,000 and then some.  Plus, the folks that Joe owed money are now pissed.

I’m sitting over here shaking my head.  After all the conversations I had with Joe about finances, I thought we had come to a meeting of the minds.  I realize now that Joe had never paid me any attention the whole time.

So, I’m discouraged.  I feel like there’s a good chance I’m wasting my time when I talk with certain people about finances.  I can talk about the importance of finances with folks until my face turns blue.  However, instilling the motivation is something folks have to do on their own.

[fretai03]

I have had the recent experiences (Remember my "Anyone heard of ACN?" thread) where people who jumped in early are pulling out now. They didn't listen when they were told its NOT about quick cash... & now the losses are putting them into deeper debt.

I've "literally" ignored them (when it comes to money) because they won't apply proper financial knowledge. It's not that they don't have financial knowledge, it's that they choose NOT to apply them that is disappointing. But I remove myself from those emotions & just focus on doing God's work.

[jonesl78]

Educating and seeking knowledge on finances, expenses, savings, stocks, bonds, wages, etc... is a must. Most people think making more money is the answer.

Excellent point! I just recently calculated my earnings based on my salary increasng by 15K, assuming my expenses remain the same, and I was very dissappointed. I am better off decreasing my expenses as opposed to increasing my positive cash flow. In addition these findings, I have more control over my expenses than my salary.

[Cherri]

Excellent point! I just recently calculated my earnings based on my salary increasng by 15K, assuming my expenses remain the same, and I was very dissappointed. I am better off decreasing my expenses as opposed to increasing my positive cash flow. In addition these findings, I have more control over my expenses than my salary.

Awareness is essential.

[4hisglory]

Story Time...

My cousin "Joe" who is 20 received some inheritance money after Joe's grandmother passed away.  $60,000 to be exact.  So, of course, before Joe actually received a penny, Joe managed to spend about $2500 because Joe figured, "I'm 'bout to be paid!"  (Joe borrowed the money from other family members.)

Joe’s mother knows that Joe is a basket case. So, instead of giving Joe the whole $60,000, she decides to give Joe $10,000 in installments.  Although not totally legal because Joe is over 18, the installments were for his own good.

Before paying off Joe's debts, Joe decides to go ahead and purchase a "custom made, gold and diamond grill, baby!"  There goes the $10,000 and then some.  Plus, the folks that Joe owed money are now pissed.

I’m sitting over here shaking my head.  After all the conversations I had with Joe about finances, I thought we had come to a meeting of the minds.  I realize now that Joe had never paid me any attention the whole time.

So, I’m discouraged.  I feel like there’s a good chance I’m wasting my time when I talk with certain people about finances.  I can talk about the importance of finances with folks until my face turns blue.  However, instilling the motivation is something folks have to do on their own.

What is "Joe" gonna do come tax time??  He's gonna be hurt.

[sjonathan02]

Story Time...

My cousin "Joe" who is 20 received some inheritance money after Joe's grandmother passed away.  $60,000 to be exact.  So, of course, before Joe actually received a penny, Joe managed to spend about $2500 because Joe figured, "I'm 'bout to be paid!"  (Joe borrowed the money from other family members.)

Joe’s mother knows that Joe is a basket case. So, instead of giving Joe the whole $60,000, she decides to give Joe $10,000 in installments.  Although not totally legal because Joe is over 18, the installments were for his own good.

Before paying off Joe's debts, Joe decides to go ahead and purchase a "custom made, gold and diamond grill, baby!"  There goes the $10,000 and then some.  Plus, the folks that Joe owed money are now pissed.

I’m sitting over here shaking my head.  After all the conversations I had with Joe about finances, I thought we had come to a meeting of the minds.  I realize now that Joe had never paid me any attention the whole time.

So, I’m discouraged.  I feel like there’s a good chance I’m wasting my time when I talk with certain people about finances.  I can talk about the importance of finances with folks until my face turns blue.  However, instilling the motivation is something folks have to do on their own.

What is "Joe" gonna do come tax time??  He's gonna be hurt.

I'm reminded of Proverbs 10:14 and all of the related proverbs concerning "Joe".

[Cherri]

What is "Joe" gonna do come tax time??  He's gonna be hurt.

Hummmmmmm.

[4hisglory]