Modest Means with a Debt-free Life

Next Webinar is on Tuesday, May 22nd at 10 am and 7 pm

Debt-free Living with a Modest Income

Each person has the potential to grow their finances much like a tree. The goal is to live a debt-free life, no matter what their income level. Here are 11 things financially successful people do.

1. They TitheEven non-believers know that donating money makes good sense. You see it in the business world all the time. Believers understand Malachi 3:6-12 and 2 Corinthians 9:6-72. They Know Debt is BondageDebt is exchanging your future for instant gratificationDebt is betting on the future: future health, future job, future wagesDebt presumes on God

3. They are Detail OrientedThey know whats in their bank accounts; all of them!Their checkbook and spreadsheet balanceThey know what bills are upcomingThey have a budget and they use it faithfully4. They are PracticalThey know that a two year old car costs less, lasts about as long and is still in good running orderThey know a Hyundai will get them to the same destination as a CadillacThey shop for value, not name brand5. They Live Within Their MeansThey spend only what they have, not what they anticipate havingThey spend less than they makeThey have a rainy day fund or savings/emergency accountThey have moved other-than-monthly expenses into monthly expenses6. They Know When to Say NO!The hot deal does not snare themThey are immune to TV commercialsThey understand delayed gratification7. They can WaitThey plan ALL purchasesThey have the money in hand before they buyThey abide by the three day ruleThey shop interest rates before buying if they must use credit: i.e.. A house purchaseThey know the difference between good debt and bad debt8. They Know Whose They AreThey follow scriptural mandates because they belong to ChristTheir self worth is not tied up in what they drive, wear or useThey dont have to keep up with anybody, including the JonesesThey realize that the way they handle finances is a witness to the community9. They Handle Credit Cards WiselyThey have the means to pay for any purchases they makeAll credit cards are paid to $0 balance each month; no minimum payments allowedThey use rewards cards only if the benefits out weigh the costs10.They Hold Themselves AccountableThey check their credit score annuallyThey check their emotions at the door when they shopThey research every purchase before they step on the sales floorThey buy what they need, not what the salesman wants them to buyThey refuse to make excuses11. They Measure Happiness WellThey value the things money cannot buy: faith in God, family, health, friends and living in AmericaStuff does not own themThey understand the simple lifeWhat Questions do you have for me? 559 287-7840 cell 559 256-0858 direct line rwiltrout@csbc.com

Stewardship Gods Way BETTER 2012 FINANCES

14Next Webinar is on Tuesday, May 22nd at 10 am and 7 pm