Managing Money God’s Way

Would you say you are in financial bondage or truly financially free?  Being in debt still, puts me in bondage.  Just how do I define financial bondage?  Financial bondage is the state of being captivated or overwhelmed by money matters, including mental or spiritual concerns.

Some American Financial Statistics

• Almost 1/2 spend more than they earn (52%)
• Bankruptcies are 4 times what they were 20 years ago.
• Money is the #1 cause of marital conflict.
• Average family credit card debt is greater than $9,500.
• Only 1/3 pay their credit cards off each month.
• 1/2 pay only the minimum balance each month.
• Average American uses an ATM every other day.
• 900+ Billion owed on credit cards.

So what do these statistics tell us?  That for most of us money is a big problem in our lives.  If I had to guess why, I would have to say that for the most part it is because of a lack of a solid financial education.  You see, we go through school having never been taught how to handle money.  According to Robert Kiyosaki his rich dad often said “Your banker never asks to see your report card.  A Banker does not care what your grades were.  A banker wants to see your financial statement.  Your financial statement is your report card once you leave school.”

This is just the start to a series of posts I am going to start that talk about and deal with various aspects of financial education.  I hope you will join me on the journey!