053: Rebuilding from past financial mistakes

I'm no fan of learning by making mistakes, but there is value in learning not to repeat that same mistake.

It's easy to remind ourselves of past money mistakes and convince ourselves that we are still that person who failed—so why try?

 

In This Episode, We Look At:

You can turn things around and improve your financial health

For a just man falleth seven times, and riseth up again:But the wicked shall fall into mischief.

Proverbs 24:16

Change your thinking

("I'm a spender." "I just can't save" "I was born this way")

When you change your thinking, you change your money beliefs

Either make the tree good, and his fruit good; or else make the tree corrupt, and his fruit corrupt: qfor the tree is known by his fruit. 34 O generation of vipers, how can ye, being evil, speak good things? for out of the abundance of the heart the mouth speaketh. 35 A good man out of the good treasure of the heart bringeth forth good things: and an evil man out of the evil treasure bringeth forth evil things.

Mat 12:33–35

Take appropriate and corrective action

One person in the Bible who is famous for his huge, financial failure is the young man whom we know as The Prodigal Son. He spent his inheritance on riotous living.

And, when he "came to himself" he thought up a plan and took action: "I will arise and go to my father, and will say unto him, Father, I have sinned against heaven, and before thee,"

Luke 15:18

 

One Thing You Can Do Today to Improve Your Faith and Finances:

Practice viewing money in light of Scripture and as a means to equip you for every good work. (2 Cor. 9:8)

This can help you avoid regrets, increase your joy and peace, improve your relationship with your spouse, and greatly impact the kingdom of Heaven.

 

What Are Your Thoughts?

If you have a question or comment about today's topic, we invite you to share your thoughts.

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I'm no fan of learning by making mistakes, but there is value in learning not to repeat that same mistake.

It's easy to remind ourselves of past money mistakes and convince ourselves that we are still that person who failed—so why try?

 

In This Episode, We Look At:

You can turn things around and improve your financial health

For a just man falleth seven times, and riseth up again:But the wicked shall fall into mischief.

Proverbs 24:16

Change your thinking

("I'm a spender." "I just can't save" "I was born this way")

When you change your thinking, you change your money beliefs

Either make the tree good, and his fruit good; or else make the tree corrupt, and his fruit corrupt: qfor the tree is known by his fruit. 34 O generation of vipers, how can ye, being evil, speak good things? for out of the abundance of the heart the mouth speaketh. 35 A good man out of the good treasure of the heart bringeth forth good things: and an evil man out of the evil treasure bringeth forth evil things.

Mat 12:33–35

Take appropriate and corrective action

One person in the Bible who is famous for his huge, financial failure is the young man whom we know as The Prodigal Son. He spent his inheritance on riotous living.

And, when he "came to himself" he thought up a plan and took action: "I will arise and go to my father, and will say unto him, Father, I have sinned against heaven, and before thee,"

Luke 15:18

 

One Thing You Can Do Today to Improve Your Faith and Finances:

Practice viewing money in light of Scripture and as a means to equip you for every good work. (2 Cor. 9:8)

This can help you avoid regrets, increase your joy and peace, improve your relationship with your spouse, and greatly impact the kingdom of Heaven.

 

What Are Your Thoughts?

If you have a question or comment about today's topic, we invite you to share your thoughts.

Podcast on Facebook

Tim Twitter

Troy Twitter