Proverbs 31 - Week 6

This week was definitely full! Here are a few of the highlights:

• John Wesley - "'Earn all you can; save all you can; give all you can.' Christians shouldn't be financially broke. We should be financially wise."
• "Which is greater: 90 percent plus God or 100 percent minus God?"
• Robert Kiyosaki (Rich Dad, Poor Dad) - "The poor and middle class work for money. The rich have money work for them."
• "...an asset is somthing that puts money in my pocket. A liability is something that takes money out of my pocket." - Robert Kiyosaki
• "Put the income into an income-generating asset, then you can spend, not once, but as long as the asset keeps generating income."
• "Lord, I know you work miracles. You can bring stones back to life from heaps of rubble and you can enable me to get my finances in good order."
• See a separate post about the "Debt Snowball."
• "When you get an offer in the mail, declare out loud: 'I know what this is. It's an invitation to the valley of Ono [Nehemiah 6] - and oh no, I don't want to go there!'"
• http://www.optoutprescreen.com/ or 1-888-5OptOut
• "How many items fall into the 'I never would have bought it if I had to save up to get it' category?"
• "'The secret of financial success is to spend what you have left over after saving, instead of saving what is left over after spending.' We all know there's never anything left over."
• "Over the past fifty years, the stock market has averaged an 11 percent annual return. That's no guarantee for the future, but stocks have never lost money over any ten-year period - and that includes the decade of the Great Depression. Your best choice is an index fund."

Recommended reading: Rich Dad, Poor Dad by Robert Kiyosaki; The Automatic Millionaire by David Bach; The Total Money Makeover by Dave Ramsey

It's obvious to most of us that we live outside of our means and it can be very overwhelming to think about getting out of debt, but there are many small ways we can help ourselves. This week's study gave very specific ways to take small steps and make a difference in your finances while getting a sense of accomplishment quickly. You can do it! Start today!