Living the Word of God

People cry that they don’t have any money. The truth is “we” have no constraints on our spending. Look at the United States of America. We have so much money that we overspend and spend lavishly on things just because we got it like that.

“All things are lawful for me,” but not all things are helpful. “All things are lawful for me,” but I will not be dominated by anything. 1st Corinthians 6:12 ESV

“All things are lawful,” but not all things are helpful. “All things are lawful,” but not all things build up. 1st Corinthians 10:23 ESV

But all things should be done decently and in order. 1st Corinthians 14:40 ESV

Sometimes finding discretionary income is as simple as cutting expenditures or changing your habits. Most of us drink coffee, right? It used to be that we drink coffee at home giving us more family time. Nowadays, everyone wants to spend $2.00-$5.00 a cup or more for coffee. Even at the lower level of $2.00 for one cup a day for a week runs you ten dollars. How about buying some instant coffee ($6.00) that will last you at least two weeks and treating yourself once a week with the store brought coffee. In this example you save roughly TEN DOLLARS. Okay $10.00 may not sound like much but it is $40.00 a month (a bill) or roughly $336.00 over the course of the year. How many cups per day do you drink? Imagine the savings you create just by adjusting your habit.

Let’s look at lunch. Even eating at McDonald’s a #1 will cost you more than FIVE DOLLARS. That’s $25.00 a week ($1,300.00 yearly) when you can take $8.00 and pack a lunch for a whole week. That equates to a savings of $17.00 or approximately $884.00 a year. Just with these two examples, you reduced your expenses by $1,220.00 or roughly a hundred dollars each month. This is not set in stone. There is nothing wrong with eating out once or twice a week. This example simply illustrates where you can find ways to free up your discretionary income. I didn’t get into soda’s chips, candy or the like. If these comfort foods are on your list, it’s better to buy them at bulk, then pack it in your lunch bag and bring it to work instead of buying it out of the machine or from the convenient store. It will save you some money.

Why does it seem like all of the vices or bad habits we have cost us the most money? Learning to adjust and control your urges CAN save you money. Rent to own costs you double the amount for the same product, then more to keep renting it. For some who don’t own a bank account, it costs you every time you cash a check. Take that money and pay off your debts so that you can open up an account and enjoy the extra benefits associated with having an account. How can you start? Take your check to the Company’s bank and cash it. In most banks they will not charge you. Then take those dollars and save it or pay down on what you owe so that you can open an account. Even if the bank charges you initially, it’s cheaper than the check cashiers. And if you call it to their attention, they might waive the fee altogether.

When is the last time you check your phone bill? A simple question to ask is “How much data did I use for last month?” If you are paying for 6GB when you only use 200MB you are paying too much for your service. If you don’t understand the terms GB or MB don’t worry. In simplest terms after you find out how much data you used ask if there is a plan that you can change to which cost less but gives you the same amount of data you use. It’s that simple, right?

What about clothes? I thank God that my mother taught me how to shop. She had several stores who carried the quality of merchandise which met her standards. Then, she would frequent them regularly looking out for discounts and sales. When she seen an item that she needed or wanted, she would make sure that she would get the highest quality at the lowest price. To me that translates to 50-75% off sales. I love them. If you understand the clothing business in fact most businesses, they mark up the cost of the item (especially shoes, cars and houses). If you have the gift of the gab, you can negotiate a lower price. Nothing is etched in stone. The other advantage you can use to your advantage is knowing when to shop.

For example autumn, particularly September and October, is the best time to purchase appliances. As with clothing and cars, the newest appliance models always come out in the fall, making last season’s appliances priced to sell. Stores want to make room for the newest stoves, washing machines and refrigerators, so they want to get rid of the old stuff. This is the perfect time for shoppers, as these “old” products are still brand new and unused. Shop around at your local appliance store. If nothing is marked down, ask when this year’s models will be coming in. This will let you know when the store will be looking to get rid of last season’s models.

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My favorite time to shop is New Years Day and the first week of the New Year. EVERYTHING is on sale.

I hope this information gets you to thinking about freeing up your money and it helps you make decisions which will bring your finances back in control.



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