I know that it has been a while since I posted. Life and grad school is taking over (I graduate in May! YAY!) Even though I haven’t posted, I still endured the financial fast. I ended the fast on Feb. 3. I saved almost $200 after I paid my bills during this fast (WOW!!!!). Below are some other major lesson learned during this fast.
- God wants you to be prosper but also be wise with your financial choices. Don’t let the pursuit of money distances you from your relationship with God.
- Give when you don’t feel like giving. There is a blessing that will come from it.
- Be content with what you have. Be grateful for what you have. Remember, you get in bed in go to sleep every night while someone is sleeping on the ground outside.
- Prudence begets Prosperity. I already had a budget but now I am going further to include social activities in my budget so I will able to save for concert or theater tickets. If you fail to plan; you plan to fail.
- Debt/Credit is Dangerous. I disagree with the book in regards to debt/credit being evil. There are some purchases that you need to use a line of credit for (home, car, surgery, etc.) I would say I am going to be more careful and manage my debt better. I have created a debt dash plan because I got to get SallieMae off my back ASAP!!!
- Diversify your investments (if applicable). I have diversified my 401K. I do need to do a better job of managing my investments.
- New Bible Verses that I need to memorize in regards to financial freedom. Proverbs 3:9, Luke 6:38, Proverbs 13:18, 1 Timothy 5:8
I highly recommend this book if you want to get your financial life in order. This might just become an annual ritual for me.