I was in Church on Wednesday and the message bordered on Stewardship and the display of faithfulness as a character in managing our God given resources. The parable of the talents was the case study for this discussion. The interesting thing about this story is that the boss gave the talents out to his servants based on their abilities to manage the resources but there was a bottom line requirement that cut across all of them – Faithfulness.
“He that is faithful in little is also faithful in much; and he who is unjust in what is little is also unjust in what is much. Therefore if you have not been faithful in the unrighteous mammon, who will commit to your trust the true riches?” – Luke 16:10-11
Many people complain of lack and or inadequate money and hold on to that as an excuse for not paying their tithe, offering or giving to the poor and needy; they therefore eat their seed and rob themselves of God’s harvest. These people are usually consistently never having enough and complain always. It’s a mindset that needs reorientation, there is a need to see whatever resources with us per time as a tool for attaining abundance.
Another group of people lack financial management skills, they spend all they earn whether little or much; they fulfil Parkinson’s law which states that “expenses rise to meet income” and never put a cap on their spending, it becomes so bad that they run into debt. I’ve seen a couple of people, young and old, who, on seeing their current state, you won’t believe how many millions have passed through their hands. They need to take responsibility for this act, learn about financial management and bounce back again.
Nigeria has not yet seen wealth, all that has been happening has been scratching the surface. God is keeping the real wealth for those who will use it for His cause and His will. Will He find you faithful? Can He boast of, or count on you?
“And the things that you have heard from me among many witnesses, commit these to FAITHFUL men who WILL be ABLE to teach others also” – II Tim 2:2.
God places a premium on character over ability; a man of character can develop a skill or ability to do something but character is what will either keep a man up or bring him down. To be faithful is to be trustworthy, reliable, dependable….All that we have was given to us by God – Material things, Talents, Children and we will give account on how we managed these resources. There is NOTHING that we have that we were not given.
Here are practical tips on how to manage your finances:
1) Have a daily, weekly, monthly and annual budget and be disciplined enough to follow it.
2) Keep a record of your daily expenses – This reveals your excess spending and helps to curb them.
3) Avoid having too much loose cash on you to avoid overspending.
4) Avoid impulsive buying – plan ahead before making purchases.
5) Avoid debts especially bad debts i.e. owing on depreciating assets which on completion on payment, the value would have reduced.
6) Depending on how regularly you make money, invest as you earn, always invest a percentage of your income.
7) Don’t live above your means; avoid being under pressure to spend on especially on doodads.
8) Get counsel/mentorship from people that are living in financial freedom.
More practical tips? You can attend a series of seminars on financial empowerment every sunday starting from the 24th February; send me your details if you’re interested and i’ll reserve a seat for you.