As a wife, I make many decisions as one of the stewards of our financial resources. I am not an expert on money but I have a few tips based on what I’ve learned. A few books that have been helpful to me are Dave Ramsey‘s Financial Peace Revisited, Michelle Singletary’s The Power to Prosper, and The One Minute Millionaire. Two books I’d like to read are Rich Dad, Poor Dad and something by Warren Buffett. Although Warren Buffet‘s book The Essays of Warren Buffet: Lessons for Corporate America isn’t advice for the average person, I want to read it anyway to glean some wisdom.
Here are 4 simple things I have learned about money that I haven’t been able to fully apply successfully. These things are likely not new to you either but I bet you’ll agree that the difficulty lies in actually doing these things.
1. Spend Less.
Be frugal. Buy only what you need. Look for bargains and sales. Stay out of stores. That includes online stores! Shopping should not be a hobby. Spend within your means. Simplify. You don’t need all that stuff. Also, every penny does count. I used to buy new books on Amazon, even if the used books were 2 or 3 dollars less. I would say to myself “Well it’s only 2 or 3 dollars. I may as well have a new one.” Now I say, “I can save 2-3 dollars. Used books are fine!”
2. Save more.
If you are not saving, start. Save something. You can start small. Saving should be something you do your entire life. It should be a way of life. And don’t dip into your savings except for emergencies. No, a shoe sale is not an emergency. Keep your savings growing. Have a green thumb! 🙂
3. Ask God.
Ask God for prosperity. The good Lord provides and He will give you what you need. Thank God for what He gives you. Accept God’s will.
Give to family. Give to friends. Give to the poor. Give to strangers. Give to charities. Give to your church. Give, give give!
Don’t get hung up on where you are. Start doing the right thing and pat yourself on the back for how far you’ve come. You can do it!