Monday 2 February 2015

How Honest Are You With Budgeting And Applying The Godly Principles Of Money In The Bible?

Proverbs 11:
1 The Lord detests dishonest scales,
but accurate weights find favor with him.

2 When pride comes, then comes disgrace,
but with humility comes wisdom.

3 The integrity of the upright guides them,
but the unfaithful are destroyed by their duplicity.

I have come to realize honesty with myself and what I do opens a door for me. If i acknowledge am weak in a certain area, I am already showing that I need help from someone who is stronger in that particular area.
While budgeting and planning out how to manage your resources these are some key things you will need to know:-

1. You Have To Be Honest With your state of life and work towards making it better, this will make you gain favor with God and his people.
2. In being honest, You Need To Be Humble - this leads to Wisdom and with wisdom you make wise decisions that will change your life and create a good environment for managing your finances.
3. You Need Integrity - as clearly explained, It GUIDES the Upright but when your unfaithful your are destroyed because of duplicity.
Check out this Tip from Scripture: Proverbs 22:29 “Do you see a man diligent and skillful in his business? He will stand before kings; he will not stand before obscure men.”

OBEDIENCE - A key tool to Financial Freedom (You WILL BE SET HIGH ABOVE OTHERS)

OBEDIENCE
Have you ever wondered how such a strong word can blend into financial management. Just Give it A TRY, set your budget and obey the set standard and see the results compared to when you were spending with a plan or direction.
One ACT of OBEDIENCE can translate into generation wealth
Here is a scripture from Deuteronomy 28:1-14
" “If you fully obey the Lord your God and carefully keep all his commands that I am giving you today, the Lord your God will set you high above all the nations of the world. 2 You will experience all these blessings if you obey the Lord your God:
3 Your towns and your fields
will be blessed.

4 Your children and your crops
will be blessed.
The offspring of your herds and flocks
will be blessed.

5 Your fruit baskets and breadboards
will be blessed.

6 Wherever you go and whatever you do,
you will be blessed." ........ read up to 14

Be Blessed

Invest based on KNOWLEDGE and not SPECULATION

The same thing about knowledge comes back whether we want it or not. 

When we have knowledge we are informed. Some one once said that it is hard to manipulate people when they are informed. This same principle applies to financial management and investment in relation to your financial goals.
When you don't have knowledge, it is a recipe for disaster, knowledge makes you make informed decisions and such can make you avoid GET RICH QUICK SCHEMES and appreciate going through the process of a well researched investment opportunity or product or service.
I quote Sylvia Juuko "Any empowered investor will choose where to invest based on knowledge and not speculation, and this will be in line with heir financial goals"
Remember Hosea 4:6 says My people perish for lack of knowledge

Continue In The Things You Have Learned

2 Timothy 3:14 But as for you, continue[be faithful] in what you have learned and have become convinced of, because you know those from whom you learned it,
There are questions we must continue to ask ourselves, if we are to improve on how we do our personal, business financial management.

Am I continuing in what I have learnt by practicing it?
Am I faithful to myself and to the application of the principles?
Am I consulting even more concerning something I am struggling with?
Am I reading to find out more about that subject?
Am I networking with people in that field to learn from them?


There are certain habits we need to develop in relation to the questions asked, Timothy continued and was faithful in what he learnt as he practiced more and the source of the person who taught him was also authentic and that played a big part in his success story.
A friend of mine called Bweme Antonio once mentioned that "When we develop the habit of success, we make success a Habit"

When READING Stops LEARNING Stops

The best investment you can ever make is in your brain, scripture confirms this by saying we should be transformed by the renewing of our minds.
When you aren't transforming, it means you are conforming to something. 
When it comes to financial management, the same principle applies, we need to keep learning and re-learning, we can only be changed by what we read and how we apply it...
2 Timothy 2:14 [KJV] Of these things put them in remembrance, charging them before the Lord that they strive not about words to no profit, but to the subverting of the hearers.
15 Study to shew thyself approved unto God, a workman that needeth not to be ashamed, rightly dividing the word of truth.

There Is A Benefit To Applying What You Have Learnt

Time is never in any one's hands and scripture actually says we should redeem time (probably one of the only things that can be redeemed) but it is one of the resources if not managed well, it can affect almost every thing we do.

We need Wisdom, When applied we can enjoy the benefit of it thereof..

I have mentioned before that there is a cost for reaching late, that price pinches more than ever and it all comes down to poor time management. So with this said and since time can be redeemed, It is never too late to change course and follow your passion and apply what you have learnt.

“Perhaps the most valuable result of all education is the ability to make yourself do the thing you have to do, when it ought to be done, whether you like it or not.”
Psalm 90:12 "Teach us to number our days that we may apply hearts to wisdom"
There is a story hear of a guy who got a Masters in MBA, did accounting but found his niche in chicken business, I guess nothing is impossible, it is just our minds that don't want to walk out of impossibilities..http://www.monitor.co.ug/…/…/-/item/0/-/3q20ppz/-/index.html

Goal Setting Gives You A Bench Mark

(One of the Most Important principles in life) - Can be applied to financial Management.
Borrowing from scripture Paul said in Philippians 3:14 "I press on toward the GOAL [MARK] to win the prize for which God has called me heavenward in Christ Jesus."
If you never have a goal in life, you will live aimlessly, the wind can take you anywhere without your permission

Goal setting is one of the most powerful tools any one can use to be successful in anything they put their hearts to do. It is something that is not usually taken seriously, I for one still suffers the fate of not fully adhering and pressing towards my goals, but each time I have focused and remained on course I have seen tremendous results, all you need is FOCUS, DETERMINATION and CONSISTENCY.
If you set out to read literature for 30 mins every day and you maintained that, you will acquire information and you will always remain relevant, In fact a study was done that one of the habits of wealthy men is to read something for 30 mins everyday.
When it comes to financial Management or SAVING, have you realized your goal, Did you set them in the first place, How much did you want to save and for what exactly, YOU MUST HAVE A GOAL, it helps you fulfill purpose and attain the VISION set before you, If you don't have a goal, you have nothing to press to.
Here are some tips on:-
How to achieve your savings goals
1. Know how much money is needed
2. Have a clear savings plan
3. Regularly review your progress
4. Have a specific saving time frame
5. Tell your family and friends about your goal

God bless you as you start with realistic goals

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