Money Matters - Reasons For Our Working

There are reasons that we have to work.  Listed are some brief reasons that we are to work and the benefits we gain from it.

1.  We work to provide for our Family.  I Timothy 5:8 says, “but if any provide not for his own, and specially for those of his own house, he hath denied the faith and is worse than an infidel.”.....

Money Matters - Basic Causes Of Financial Difficulties

Most people have problems with finances, but they just don’t know why.

According to the latest surveys, over one-half of all families in America are presently experiencing financial difficulties.  And the real truth is many do not seem to know why they are having these difficulties.  If these type problems are so common, then it would be important to understand the reasons they exist.

The following is a listing of some reasons of financial difficulties.  This listing can be a means of educating oneself in these most critical areas....

Reasons For Financial Difficulties

According to the latest statistics, over one-half of all families in America are experiencing financial difficulties. This includes single parent homes.  Most people have financial problems, but don’t know 

In order to be aware of the financial difficulties one has and know what causes them, a person must educate himself to the reasons for the difficulties.  The following are a list of reasons that most people find themselves in financial difficulty.

1. FAILURE TO FOLLOW SCRIPTURAL PRINCIPLES.  The Bible is full of guidelines regarding financial principles.  In fact, one-half of all parables and one out of six verses in the New Testament deal with stewardship.  Get your Bible out and start studying.  Ask your pastor for more information.  See a Christian Financial Counselor for assistance.  You will find great guidelines and principles in the Word of God....

Money Matters - A Blessing Or A Curse?

Why is it that so many Christians who are working are not doing well financially?  Unfortunately too many Christians are not equipped with the scriptures and methods required to better manage their money.  God has redeemed man from the curse of the law to give him liberty in all things.  This includes money. 

A person who calls himself a Christian must adhere to the scriptures in order to better prepare himself.  Christians should not worry about money.  They should not fret about their finances.  But they should rely on the blessing of God to provide for them everything they need....

Money Matters - Why A Budget?

A budget is the tool provided in accounting terms that gives us the proper indication of how we stand in our finances.  Too often people refuse to prepare a budget because it seems cumbersome and boring.  A budget can be implemented in most homes but give only 1-2 hours per month.  That is not much time to have a clear indication as to where you stand financially.  Not only will a budget give you a picture of where you stand, it will help you organize your bill paying so you don’t get behind and have to pay late fees, and it will show you the debt you have so you can pay it off systematically. 

A budget is a guide that tells you whether you are going in the right direction so that you can expect to meet your financial goals.  You may have goals and dreams but if you do not set us guidelines for reaching them and you do not measure your progress periodically, you may end up going so far in the wrong direction you can never get out of financial difficulty.....

Money Matters - A Families Involvement In The Budget

Developing and maintaining a budget is a FAMILY AFFAIR.  If you are married, you must work together.  If you have children, this is the proper time to teach them how to operate within their means.

To make a budget work, there are some things that must be attended to prior to spending.....

Tax Time! - What is a Ministerial Housing Allowance?

Any licensed or ordained minister in the U.S. who performs ministerial duties and who is employed by the church qualifies for a housing allowance which is a great tax benefit. Housing allowances are not taxable to federal or state income taxes, so you can save taxes by utilizing the housing allowance. In general the rules are as follows.

To have a housing allowance, you must have a resolution pre-authorizing the housing allowance. A pastor cannot designate his own housing…it must be done by either the church board or the church membership. The amount designated goes to pay all housing expenses: rent or house payment, utilities, taxes, insurance, repairs & maintenance, upkeep, association dues, furnishing & appliances (purchase or repair). Any expenditure that is for the upkeep of the house you live in is included in the housing allowance......

Money Matters - The Budget's Attitude

One of the top reasons that so many people, including Christians, fail at budgeting is simply attitude.  It a person thinks of it as a penny-pinching sacrifice instead of a means for achieving one’s financial goals, then it is unlikely they will stay with it.  To increase the chances of a successful budget, it is important to work on the attitude. 

If ”budget” sounds too harsh…consider it as a “financial plan” for the home.  The plan can help you get ahead; control spending, and save for future spending.  Budgeting really does matter in the process to help one reach their goals and without some formal plan of working with the finances, goals and dreams can never be reached.....

Money Matters - Christian Expectations

Too often people are afraid to budget because it seems to be more trouble than it is worth.  However, a budget is not a nervous breakdown on paper.  It is an organized and systematic manner of controlling income and expenses so a person can recognize danger areas in their financial life before they happen.

Too many Christians find themselves in financial hardship.  Why?  We belong to the body of Christ and we have God on our side.  If heaven is his throne, the earth his footstool; if He owns the cattle on a thousand hills, then why are his children struggling and finding it difficult to “get by” in this affluent society?

The secret to getting ahead is not from “have luck in the stock market” or “making that once in a life time investment” or even in “receiving an inheritance from a wealthy family member”.  It is defined as time!.....