i know this is a lot but this is the last i will harp on it because most don’t like to hear the truth.
No matter how much or how little money you may have if you live as an American you will never have enough, it seems to be the untold rule in America that you are to be in debt,
A home a car new this and new that.
In Matthew Jesus said that He would supply all our needs food, clothing and shelter, but we seem to think that means that we are to get a high paying job buy a large home and make payments on it for thirty years, ho and don’t forget that nice shiny new car (or truck) and then work even more for all the extras so can impress your neighbors, and spend even more time away from home working so you can make even more payments.
Totally goes against what the Lord has told us, #1 that He would supply all our needs for most people life starts out rather simple you get a job get a place to live buy a used car and life is good, but then you have to move up in the world better home, better car, better toys, more, more and more.
The more you have the more you feel you have to have.
Jesus told us that He would take care of our needs, He also told us to love one another, and He also so told us what we are to be doing i this world Matthew 22:37 and 39 “YOU SHALL LOVE THE LORD YOUR GOD WITH ALL YOUR HEART, AND WITH ALL YOUR SOUL, AND WITH ALL YOUR MIND” “you shall love your neighbor as yourself”
Matthew 6:33 “But seek first His kingdom and His righteousness, and all these things will be added to you.
One reason we struggle is because we are not fallowing the word of God, we are trying to make our own way, if you listen to just about anyone out their when they talk about their stuff and things it is look at what I’ve done, look at what I made, look at what I, look at me. I have accomplished so much.
When in reality they have only created a trap that they have no idea how to get out of the average American is in debt
The average in come for middle America is 44,980.00 to 56,516.00 a year average credit card debt in America 16,000.00 (with average interest being 24%), average car loan is 27,000.00 average mortgage $169,000.00
In the average household in American on a daily basses owes 80% more then they take in.
When you go to get a home lone the average figure the payment on is 25% of your income 1/4th of what you make. So let’s say a family of 4 makes $36,000.00 a year that’s a house payment of $750.00 so they purchase the home and happily live in it for ten years, now their income has gone up to $45,000.00 that means they can make a house payment of $937.50 a month according to the world’s standards. Or does that mean they now have $187.50 a month they could use to help other with.
“No one can serve two masters; for either he will hate the one and love the other, or he will be devoted to one and despise the other. You cannot serve God and wealth.
Form a budget form a plan:
First: stop spending, if it is not life supporting don’t buy it!
Second: at the top of a piece of paper wright down your monthly income.
Third: wright down every monthly bill you have and the amount of the payment.
Forth: make twelve columns to the right of the list of bills (twelve months)
Fifth: for each month fill in the payment amount.
Sixth: for each month add up total bills and subtract from monthly income.
Example:
Income $3,000.00
January February and so on
Balance Payment
Tithe $300.00
House $84,000.00 $750.00
Food $742.00
Utilities $560.00
Car $2,700.00 $480.00
Credit card #1 $3000.00 $120.00
And so on
Balance or left over income $48.00
To get out of debt whatever is left over should go into paying off the debt take the $48.00 or $148.00 and pay it on the lowest bill, keep paying the extra no the bill till it is paid off. Say it is the credit card bill after it is paid off then take that $120.00 and the left over amount and start paying it on the now loosest bill, let’s say it is the car make this payment plus the extra until the car is paid off, using the figures above you should now you should have $740 a month to add to your house payment, making that extra payment each month you can cut the years of payments by way more than half.
Be content with what you have love and serve the Lord and love your neighbor, stop striving for more the Lord promised to take care of your needs if you will obey His commandments.
Hers a quick view of my budget for three different years
in 1998
Income $82,000.00
Bills $81,987.00
Balance $13.00 but always seemed we were short.
In 1999 figured out i was being wasteful in my spending, cut up credit cards and only paid bills, and set aside $40.00 a month
Income $82,500.00
Bills $82,020.00
Balance $480.00
in 2016 seven years earlier gave away home and just about everything we had, and started living a simple life doing things for Father God and others putting wasteful spending behind and moving forward
Income $14,580.00
Bills $877.00
Balance $491.00
Not saying i don’t do some wasteful spending now on an average about $22.00 a month, the first few years it is tough and you will think you will never get out of debt, but you will and you will see the rewards of not being owned by the credit card company of the bank.
Using the fornula above we were able to get out of debt, we have no banl loans, no credit cards, no car payment, and we don't even have a bank account, we are strictly cash only, when we purchase something we own it not a card company or bank.
When we need something we paycash, and when we need somthing the cash is always there.
We are enjoying life and each other more, we have more time to spend with each other and others and serve the Father. And if someone needs a little help along the way we can help.
Owe no man nothing but love!