Sensible money management based on biblical principles

Author: tentalents (Page 2 of 3)

Christian. Husband. Father. Financial Planner.

Ten Commandments of Financial Wisdom #4 – Thou Shalt Save Regularly

‘Pay yourself first’. This is a nice soundbite in financial management about the importance of remembering to keep some money for yourself in the seemingly endless list of expenditure that nibbles away at your income. A funny analogy I heard was to picture your expenses as a queue of people lined up waiting to receive their paycheck. You have the mortgage guy at the front, the gas and electricity girl next, the car payment dude and so on until we come to you standing sheepishly at the back after everyone has got their share! That ain’t right!

Continue reading

Are You Leaving Money on the Table?

When you look back at your financial transactions over the last few months, did you really get the best deal or are you leaving money on the table? This could be something small like your most recent mobile phone contract or it could be something more substantial like buying a car or receiving a job offer. In almost every area of life, we are in a negotiation of some sort whether we know it or not.

Continue reading

What Would Your Future Self Say To You Right Now?

Imagine for a moment that your future self has travelled back in time 25 years and they want to have a chat with you. As an example, if you are now 25, your 50-year-old self is sitting across the table from you and they want to talk. What do you think they would say to you? How do they look? Are they happy and at peace? Are they telling you stories of how your good decisions have led to a blessed life? Or rather, are they stressed and fearful? Have they come to warn you of the action that you need to take now to ensure that their future unhappy existence does not become your reality?

Continue reading

Is The ‘Latte Factor’ Hindering Your Journey to Financial Freedom?

‘Beware of little expenses. A small leak will sink a great ship.’ This was a warning given by former US President Benjamin Franklin.

During my recent study for yet more financial planning exams (It never ends), I reached a chapter that talked about establishing a budget and establishing whether there was a surplus or deficit in your monthly finances. While going through this section to understand why there could be a deficit in someone’s finances, I came across the term the ‘Latte Factor.’

Continue reading

New Year, More P?

Hi Everybody!

I hope that you all had a great Christmas despite the difficult times. It feels like just yesterday that I was at my Church’s New Year’s Eve 2019 Crossover service, praying that the numerically aesthetically pleasing year of 2020 would be a year like no other. If the usual saying is be careful what you wish for, then the Believer version is be careful what you pray for because it definitely was a year to remember!

Continue reading
« Older posts Newer posts »