21 Days to a Victorious LifeMinta
Day 14 - Make wiser financial decisions
Just like you would seek wisdom before deciding whom to marry, taking a new job, or agreeing to a business deal, you should also seek Him in regards to
your finances. God reminds us in His word, that He can provide us with wisdom, if we simply ask. Read James 1:5.
Are you wearing the B-A-D-G-E of God?
There are five principles required to handle life’s financial decisions. I like to refer to them as the B-A-D-G-E! A badge is defined as a means of
identification. It lets people know who you identify with.
So, let us look at what the B-A-D-G-E stands for!
B – Budget
In order to get the most out of your finances, you have to create and stick to a budget. Not just every now and then, but you must budget consistently.
Budgeting provides an understanding of the purpose of every dollar that comes into your possession!
A- Assets
Everyone has the ability to earn money, but increasing your wealth is true financial healing. Wealth is defined as your assets minus your liabilities.
Thus, the more assets and the less liabilities - the better! Building wealth is the gateway to opportunities.
D - Debt
Debt is the enemy of financial freedom. Having too much debt or using debt unwisely can cost more than you bargained for. Be mindful of every loan, credit
card, or mortgage you obtain. Determine whether the debt will move you closer to your financial healing or further away.
G – Goals
If you don't know where you are going you won't know how to get there. Many people do not use a holistic approach when it comes to finances and as a result
they have investments or assets that do not align with their goals. Simply put, create a plan for your money and even more importantly – for your life!
E – Earnings
While wealth builds opportunities, enhancing your earning potential is also key to success. Creating multiple streams of income and increasing your
potential to earn more will allow you to obtain a financial healing. Lastly, make certain to partner with God with your earnings. Commit to tithing and
stand on His promises, knowing He will open the windows of heaven for you!
Szentírás
A tervről
21 Days of Victorious Living is designed to provide daily devotions to walk in victory. In God's Word, He says we are more than conquerors (Romans 8:37). Not in some areas of our lives, but in all areas. It is His will that our souls (salvation), wealth (finances) and affairs (relationships) align with God. It is in this place, we will obtain victory after victory!
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