Financial Advice For Young Families: I Run Out Of Money… Before I Run Out Of Month
By David Reynolds

“Not that I speak in respect of want; for I have learned, in whatsoever state I am, therewith to be content. I know how to be abased, and I know how to abound: everywhere and in all things I am instructed both to be full and to be hungry, both to abound and to suffer need.” Philippians 4:11, 12

Financial stress is one of the main reasons for family problems and divorce. It does not need to happen. You can learn to live within your income and be happy. Most do not have money problems — they have ‘thinking problems’.

God promised you He would never leave you nor forsake you. He has not promised to supply your ‘wants’, but He has promised to supply all your needs.

There are principles found in the Word of God that if you will follow them — you will always have, ‘just enough’. You may suffer temporary setbacks but over a lifetime you will always have, ‘more than enough’.

This will not be advice from a professional financial planner but rather from one who uses the principles found in the Bible, which I have found to be very ‘enriching’. Let me give you a short overview and you can check yourself to see if you are ready to change and live in God’s blessing of always having just enough.

1. My son, you must chose who you are going to serve–God or money. “No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon.” [money] Matt. 6:24

There cannot be but one master in your life. It is strange but even if money is seemingly the problem, if you pursue riches it will always evade you. “He that loveth silver shall not be satisfied with silver” Eccl. 5:10

2. My son, You must honor God with the first fruits of all that God gives you.
Bring ye all the tithes into the storehouse, that there may be meat in mine house, and prove me now herewith, saith the LORD of hosts, if I will not open you the windows of heaven, and pour you out a blessing, that there shall not be room enough to receive it.” Mal. 3:10

You cannot rob God and then expect to have financial security. Your bag will always have holes in it.

3. My son, You cannot be lazy and be blessed of God financially
If you get yourself into financial problems [which is not God’s will for you], get a second job rather than consider bankruptcy. I never recommend your wife leaving the children and going out to work. You are still young. And if you are frugal, the second job will only be temporary.
“Love not sleep, lest thou come to poverty; open thine eyes, and thou shalt be satisfied with bread “. Prov. 20:13
God has determined that we should eat by the sweat of our brow. A man is never truly satisfied unless he is producing.

4. My son, You cannot be stingy and expect God’s abundance.
“There is that scattereth, and yet increaseth; and there is that withholdeth more than is meet, but it tendeth to poverty.” Proverbs 11:24

God is a generous God. When he blesses you He expect you to be a conduit in order to bless others.

5. My son, You cannot be indulgent and be blessed of God.
“For the drunkard and the glutton shall come to poverty: and drowsiness shall clothe a man with rags.” Prov. 23:21

Learn to enjoy the simple things of life. There is only so much you can eat and be healthy. You can only wear one suit and drive one car at a time. Learn to be content

6. My son, You must not be hasty or impatient to accumulate this world’s possession.
The thoughts of the diligent tend only to plenteousness; but of every one that is hasty only to want.” Prov. 21:5

Many young people want all that their parents have–not realizing that it took their parents a lifetime of hard work to get what they have.

My son, listen to my advice–even if you think it is old fashioned and will change your values and lifestyle–for it will. “I have been young and now I am old, Yet I have not seen the righteous forsaken or his seed begging bread ” Psalm 37:25.

Prov. 13:18 “Poverty and shame shall be to him that refuseth instruction: but he that regardeth reproof shall be honoured”

From, “Apostolic Accent –Pentecostal Seminars/Page 10, by David Reynolds

This material is copyrighted and may be used to study & research purposes only