12 June 2016
3 Crucial Steps to Making Wise Financial Decisions
Our every day life choices have a direct effect on our financial well being, financial security and our financial future. Since we all want to improve our financial outlook, let’s take a closer look at the decisions that we make everyday that could affect us in this area. Making a decision is the act of selecting when faced with two or more possibilities. We do this automatically hundreds of times a day. Do I answer the phone or let it go to voicemail? Do I brush my teeth this morning? Which route do I take to drive to work today? We all are very good at this. Looking back over the last 24 hours, I’m sure that you can quickly count 20 decisions that you made without any difficulty. If you’ve put a “can’t make a decision” label on yourself, let this serve as an instruction to mentally rip that false label from your thoughts about yourself! Many of our daily life decisions affect our personal finances in some way. This is easily understood for major financial decisions like deciding to purchase a home, have a baby or start a business. What we may not realize is the fact that we make a larger impact to our overall financial well being as a result of the smaller every-day decisions that we make. Some of these decisions include answers to questions like do I take my lunch to work? Do I buy that toy that my child is crying for today? Should I participate in my company sponsored retirement savings plan? I've found often times that when we retrace the steps to how we've gotten to an unfavorable financial situation we find that at the point of when we could have made a wise decision, there was no decision to be made. There wasn't an alternative on the table that best aligned with what we say matters most in our lives and in the lives of those that we love. No short-term or long-term plan on the table to oppose the "right now" money-related opportunity. We know what happens then...we go with "Why not??". Opportunity seized!! When the Lord began showing me visions of how He sees the financial condition of His people, he began a work in me that led me to begin making plans to achieve this vision. I saw visions of His people achieving wealth in a comfortable way that was recognized by believers and non-believers alike. I saw His people using mainstream practices in our everday lives to bring to light the truth that we are a city that sits on a hill that cannot be hidden in the financial arena. I believed it. I began living it with the financial choices that I made. I implemented 3 key financial practices in my life and as a result rarely have a struggle making financial decisions. I have alternatives before me when presented with "right now" money decisions. 95% of the time, I choose to stick to achieving the God-given vision and so far it has paid off! I'm not boasting on myself, but I am boasting in the Lord!