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Don't Finance Your Wants with Debt

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Don't Finance Your Wants with Debt

Too many of us treat debt as a way to finance our wants and desires. That’s plain foolish! Because of our inability and unwillingness to say no to “stuff,” we convince ourselves that we have to have whatever that “it” is, and therefore place our families and ourselves in a position of enormous financial stress. Before you borrow money, sit down and make sure you have the financial margin to manage that debt as part of your monthly cash flow. If you don’t, pray and trust God for provision. Give Him the chance to act on your behalf, instead of immediately reaching for man-made solutions!

Today's tip brought to you by Mvelopes and Money4Life Coaching.