This last weekend, I felt I spent a lot more than I should have on
entertainment. I have learned that the more you make, the more you spend.
As a Christian, we need to be good steward of our money. But on the other
hand, God doesn’t want a boring person. He doesn’t want us to live a life of
all work and no play. In order for me to spend less and still be able to enjoy
life,
and be able to keep extra cash for the more important things, like
ministry or blessing a family in need. Here are a few things I have learned.
1. Start now. Start today. Go into
your phone calendar and have it remind you every morning to: “Cut Costs, Earn
More, Optimize Spending.” I got this from Ramit Sethi, this 20 something genius
who wrote “I Will Teach You How to Be Rich”.
2. Direct Deposit. With every
paycheck, I have automatic deposits for the following
accounts:
a) God gets
the first chuck out of the paycheck, 10% =
Tithes
b) My 401K gets 10% (Since my
company gives me 9%, my total is 19%). I would give more, but at this time, I
don’t trust the Stock Market, nor do I trust our government.
c) For Life, such as rent, food,
gas, car payment = 60%.
d) Most people don’t do this, but if you want to advance in your business,
you need to keep your education up, so 5% for Education.
e) You deserve to Reward Yourself for the hard work you do,
5-10% for vacation, clothes, whatever.
f) The rest, you should use it on Others;
either you give it to someone in need, or take someone out for coffee to build
a relationship/network. God is all about relationships – why else do you
think He didn’t wipe us all out even though He knew were would sin. Even though
we hurt Him, He loves us so much that He would rather experience the hurt and
have us around than be without us and have just Him and His Angels in 3rd
Heaven.
3. Don’t pay full price when you don’t have to. I love coupons. Some
people are embarrassed to use them, but why should you pay more than the next
person? Subscribe to online discount companies like: Groupon, Google Deals,
Living Social, Coupon Cabin, Coupon Sherpa and and/or RetailMeNot. There are so
many of them out there. There is Zozi if you want to learn something at half
the price.
I love to share what I have learned, so stay tune for more life lessons! Be
blessed and prosperous!
Written by
Linh Dang {Photographer, Artist, Writer}
Founder of FreedomCollage