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005: Should Christians Save and Invest for the Future?
Faith and Finances
English - June 24, 2016 10:00 - 31 minutes - 21.7 MB - ★★★★ - 13 ratingsChristianity Religion & Spirituality Business Investing bible christ personalfinance Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 004: Conquering Credit
Next Episode: 006: Teaching Younger Children About Money
According to the Federal Reserve’s Report on the Economic Well-Being of U.S. Households in 2014, 47% of households indicate that they would have great difficulty handling an unexpected $400 expense.
No one likes unexpected expenses. There are plenty of other ways we would enjoy spending that money. But this report points to a heavier matter. If so many households are unprepared for such a modest expense, where do we stand in our preparation for our future income needs?
In This Episode We Look At: Four hindrances that keep us from saving and investing; Time, Money, Misconceptions, and Presuming God's grace will make up for our lack of planning. Scripture teaches us that is it wise to save for a known future need. Saving for our family's financial future requires faith and action. We discuss practical applications for saving and investing today. Today's Resources and Links: Budgeting worksheet- Feel free to save a copy and use how you'd like. One Thing You Can Do Today to Improve Your Faith and Finances: Decide to make saving and investing a priority after tithing and offerings. Diligently look through your monthly household expenses and capture dollars that can be directed toward savings and investing. What Are Your Thoughts?If you have a question or comment about today's topic, we invite you to share your thoughts.