terisaclark

Financial wisdom from a woman of faith

Archive for the category “Bible”

Impulse Purchases//Proverbs 14:29//Wisdom Wednesday

Proverbs 14:29 (NKJV)

He who is slow to wrath has great understanding, But he who is impulsive exalts folly.

Have you ever been there?  You wake up with that ugly feeling.  Buyers remorse.  You wonder what came over you when you suddenly said yes and spent that $___.  For some it’s a new car, a new purse, a ticket to an event or even a soda at the checkout aisle. That was me recently!  I walked out of the CVS with a drink that cost me $2…not a big deal and it didn’t bust my budget.  But I still realized when I got to the car that impulse had taken over and I didn’t even pause to use my understanding in that moment of choice.

It happens to all of us.  And it especially happens more often and in larger amounts when you have not devised a financial plan (a budget) or when you are not using that budget as your boundary markers.  This wisdom in God’s word reminds us – impulse leads to folly! What’s folly?  A lack of good sense.  Careless in our judgement.

So next time, take it slow.  Sleep on it.  Step away from it for a second.  Pause.  Then choose.  I leave you with this “song” from the kids show, Daniel Tiger’s Neighborhood, “Think about what you’re going to do, then make the choice that is right for you.”

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God Will Provide//Genesis 22:14

Genesis 22:14

So Abraham gave that place a name, “The LORD Provides.” Even today people say, “On the mountain of the LORD, he will give us what we need.”

Are you on a mountain today? Not the mountain of victory, but the mountain that feels unconquerable.  You’re hanging on to the edge of a cliff.  Your knuckles are white and you don’t know if you can hold on much longer.  When will that breakthrough happen?  When will this all change? How much longer can you do this….

Well you are not alone.  The Bible is filled with people that are familiar with that same longing and weary soul.  Abraham was one of them.   Suck in a tough place.  Not knowing how things would change.  And after he say God’s answer to his mountain straining experience – Abraham declares – “The LORD Provides.”  One commentary translates this “The LORD sees.”

And that is exactly what I need to remember in my mountain hanger moments – God SEES!  He sees the whole story of my life.  He sees with eyes of love.  He sees this situation from an eternal point of view.  He sees with a heart to bless me and not harm me.

God I trust you!  My prayer is “let your will be done.”  Not what I want.  But what you SEE.  What you see is what is best for me.

 

Wisdom Wednesday//Proverbs 10:4//Hard Work

Proverbs 10:4 (NIV)

Lazy hands make for poverty, but diligent hands bring wealth.

 

There’s no secret to it….God wants us to have wealth and He tells us how to do it.  Diligent Hands! Hard Work!  I meet people every day that are looking for someway to get rich but not work.  Let me save you some time…it’s futile.  The way to wealth is work.  The work on the way to wealth builds the character needed to sustain it when you get there.  There are no short cuts.  There is no lazy way to wealth.

Keep your hands on the plow.  Stay diligent.  You will reap the rewards of your work!

Wisdom Wednesday//Co-signing//Proverbs 17:18

Proverbs 17:18 (NLT)

It’s poor judgment to guarantee another person’s debt or put up security for a friend.

 

Interesting scripture!  But it’s clear that God’s financial wisdom includes a strong word against co-signing.

I’ve never seen this go well.  I’ve witnessed it go wrong every time.  The relationship gets strained even when the borrower still repays it.  It’s like the debtor is also indebted to the one that co-signed for them. This changes the relationship from friend/family to borrower/slave to lender.  And in the cases where the debt is defaulted on, the co-signor now has themselves a debt they didn’t owe.  That will destroy the relationship for sure.

Recommendation:  Pay cash.  Avoid loans requiring co-signors (these loans are typically high interest rate/high risk loans too).  Kindly say no to someone asking you to co-sign for them.  Remind them you rather stay friends/family 🙂  Exercise good judgement – follow Proverbs 17:18.

Any war stories out there that you want to tell me about co-signing??  Change the names to protect the innocent.

 

 

 

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