Allstate Insurance surveyed 1000 people in December 2012. They discovered that 41% of Americans over the age 18 live paycheck to paycheck and 8% do not earn enough to provide essentials for their families. Barna research has found no noticeable difference in spending, saving or budgeting habits between Christians and non-Christians.
My wife and I are in the 41% category. We are working ourselves out of that position and into a solid financial position. Our church is hosting Dave Ramsey’s Financial Peace University and it is making a difference among the group of people who have committed nine weeks to learn God’s ways of handling money.
Our first baby step was establishing an emergency fund of $1000. Our second step was a written budget. We are now in the process of telling our money where it should go instead of just watching it disappear. The wife of noble character described in Proverbs 31 is wise in her finances. She honors and respects the Lord with her money.
15 She gets up while it is still night;
she provides food for her family
and portions for her female servants.
16 She considers a field and buys it;
out of her earnings she plants a vineyard.
17 She sets about her work vigorously;
her arms are strong for her tasks.
18 She sees that her trading is profitable,
and her lamp does not go out at night.
19 In her hand she holds the distaff
and grasps the spindle with her fingers.
20 She opens her arms to the poor
and extends her hands to the needy.
21 When it snows, she has no fear for her household;
for all of them are clothed in scarlet.
22 She makes coverings for her bed;
she is clothed in fine linen and purple.
23 Her husband is respected at the city gate,
where he takes his seat among the elders of the land.
24 She makes linen garments and sells them,
and supplies the merchants with sashes.
25 She is clothed with strength and dignity;
she can laugh at the days to come.
She is able to laugh because she does not have financial anxieties or worries because she controlled her money and told it where it should go. She was in a financial position to help other and be generous. I want to be like her.