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Finance Tip of the Day

Wisdom on Investing

  • 2017 12 Dec
Wisdom on Investing


“Give a portion to seven, or even to eight, for you know not what disaster may happen on earth.”
Ecclesiastes 11:2

“Steady plodding brings prosperity; hasty speculation brings poverty.” 
Proverbs 21:5

Simple Investing Principles

  • Start early, even if it’s a small amount.
  • Stay consistent. Every paycheck, every month…
  • Diversify – don’t get caught in the “get rich quickly” mindset.
  • If you can’t afford to lose the money, don’t invest. So calculate the risk.
  • Make sure your regular living expenses are covered before you invest.
  • Invest with Kingdom in mind! Not just for selfish ambition.
  • Always remember, it’s all God’s anyways! So keep an open hand instead of a closed fist when it comes to those investment funds.

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

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