A good man leaves an inheritance for his children’s children, but a sinner’s wealth is stored up for the righteous. (Proverbs 13:22)
How many times have you heard this out of context to justify incorrect doctrine and the prosperity gospel? Pastor Matthew Ashimolow of KICC teaches this, Benny Hinn teaches it and many churches teach this lie. In fact, I just told a lie. There is a wealth transfer but it goes from the hands of gullible christians who dont take time to read the bible for themselves into the hand of fat preachers. See below for an example
Here is my advice if you want your debts cancelled. Work, save your money and pay off your bills. The problem is a lot of Christians dont think about being good stewards with their money. They get into debts by spending beyond their means on things such as credit cards and catalogue bills and then expect God to bail them out. Henry over at Spirit of Discernment also has some practical money advice which you will find helpful
- Plan your spending by budgeting your money. Keep your receipts and on a weekly or monthly basis calculate how much you are spending against how much you earn. If you find you are paying out more than you actually receive then you will have to borrow to make up the difference.
- Compare the prices of goods and services that you pay for and always look for cheaper alternatives. Shop around for a bargain. Most times there is always cheaper on the market. As the saying goes here in Britain, “take care of the pennies and the pounds will take care of themselves”. So it doesn’t matter how small and insignificant the savings appear to be take advantage of it as the pennies do add up over time.
- If you get discount vouchers in newspapers or magazine, take advantage of them and don’t be ashamed to use them. Take advantage of any discounts and also store loyalty cards as you can get back a bit of money here.
- Avoid eating out too often as it is cheaper to prepare meals at home from supermarket bought products. For example, the price you pay for a glass of wine at a restaurant would get you a whole bottle in the supermarket (not that I am encouraging drinking mind you). Remember you might be able to get restaurant discounts online also (at least here in the UK you can). Prepare pack lunches for work. You can save a fortune this way instead of buying lunches.
- Travelling to and from work can be quite costly. Look for alternative routes which can sometimes be cheaper and if you are able and the way is not too far, walk. You could also break up your journey and go some of the way by walking. This also promotes a healthier lifestyle especially if you sit at a desk for most of the day.
- If you own a car use it only for essential journeys as you can be paying out a fortune on petrol. Also depending on where you are going check if it is cheaper by public transport. A car can be high maintenance therefore when you purchase a car, use the review sites online to see the fuel consumption, insurance grouping, servicing etc. Bigger engine cars usually cost more to service, consume more petrol and attract a higher insurance cost. If you are struggling financially you might need to downgrade by selling the existing car and buying a much cheaper one to run. If you cannot afford a brand new car outright, buy a used one and avoid the car financing/leasing schemes as they will cost you in the long term.
- Avoid name-brand clothing if you cannot afford them. Remember the Nike shoes you pay £60 (or the equivalent) only cost the equivalent of 0.50p to make in Pakistan or India. It is a scam!! These things only give one a false perception of esteem but all we are doing is making the corporation owners and shareholders richer and making ourselves poorer. We should not be buying our identity off the shelves. Give your children what you have, your love! Don’t try to please them with the latest gadget which you cannot afford.
- Don’t fall in the debt trap. Avoid using the credit cards or pay-day loans where possible. If you need to buy something and you can’t afford it right now, make small sacrifices and save up for it. You won’t die without it if you don’t have it now. Half the time people can’t wait to purchase a particular thing and after a few days the novelty wears off and they no longer want it. Remember to also exercise prudence and save for a rainy day.