Category Archives: Principles
Watch And Pray
“Turn your back on lustful thoughts and give your positive attention to goodness, integrity, love, and peace” 2 Tim.2:22 [Ph, emphasis added]
When a man is desensitized, almost anything goes. And then there is no difference between a man and a dog. The media is the greatest source of sex mis-education because it never shows the consequences of sin. And as a result, there are a lot of people carrying secret scars. Almost everyone reading this has a secret scar, an unresolved guilt, bitterness, or shame that is related to sex. I pray that every such unresolved hurt, God Himself will resolve this season, in Jesus Read the rest of this entry
Principle of Firsts
“Honor the Lord with your wealth, with the firstfruits of all your crops; then your barns will be filled to overflowing, and your vats will brim over with new wine” Pr.3:9-10 [NIV]
Make God priority in any area of your life that you want God to bless. If you want God to bless your marriage, in your home make God priority. If you want God to bless your finances, in your finances make God priority. If you want God to bless your children, in their lives make God priority. It is obvious that God does not need your money. What He needs is what the money represents and that is your Gratitude. You are thanking God for helping you earn the money. Secondly, Read the rest of this entry
Keep Good Records
“Riches can disappear fast… so watch your business interests closely. Know the state of your flocks and herds.” Pr. 27:23-24 [LB, emphasis added].
The second habit for financial freedom is Plan Your Spending. That is the Principle of Budgeting. So budget! Plan your spending. You must have set financial goals and stick to them. “Riches can disappear fast… so watch your business interests closely. Know the state of your flocks and herds.” Pr. 27:23-24 [LB, emphasis added]. In our times, flock and herds would be stocks, real estate, bonds, investments, and your accounts. How many accounts do you have and what is their current balance, can you tell? You are supposed to know. Watch your business closely and check the numbers always. The key is keep good record!
You cannot watch closely what do you not even have a clue about. Thank God for the bank notifications and all but that is not enough. If I check your cheque stubs and I cannot tell what each cheque leaf was used for then there is a problem. That is why cheque books come with stubs. Thank God for Internet banking and the insight it gives into our accounts. Know the state of your finances and keep good records so that no one will cheat you.
When we were starting off as a church, one of the very first things we did was engage a financial consulting firm to set up our financial processes. At that time it did not make sense cost wise. But the Bible says, “Get the facts at any price!” Pr. 23:23 [LB]. Why? You cannot get a report or tell a story if there are no records. At any point in time, if we need the story, the records are there and intact. If you do not start capturing the records, you cannot even talk about what story your numbers are telling you.
Move your focus from the cost of getting an accountant and fix it on the amount you could lose because your finances are in chaos. You will discover it is far more then paying a finance person. If you run any kind of business, even if you are a solopreneur [a freelancer] and your briefcase is your office, get a finance person on contract to come in and do your books. It will save you a ton of money and heartache to get clarity on your finances in the area of record keeping.
Thoughts: List your next steps to order your finances and set timelines to each one.
Prayer: Father, as I act in obedience to Your statues, I pray that You will bless my finances, in Jesus Name.
Key Thoughts II
“Give freely and become more wealthy; be stingy and lose everything” Prov.11:24
As long as you are on earth, you are going to be dealing with people. People are capable of giving you the greatest joy in life. People are capable of causing you the greatest pain in life. It is people that are going to open the door to your next level or stand in the door way and try to frustrate your life. Everyone you are in a relationship with, you are dealing with [your boss, Read the rest of this entry
Key Thoughts I
“Their purpose is to teach people wisdom and discipline, to help them understand the insights of the wise. Their purpose is to teach people to live disciplined and successful lives, to help them do what is right, just, and fair” Prov.1:2-3
There are four key concepts in economics that are pivotal and reveal the human nature. They show us how we make choices and how to relate to the people in our lives. Why? It is because our relationships determine our height. How we relate with the people in our lives determines how far we go. I will explain these four key concepts in economics with an illustration. Read the rest of this entry
