Help for Those Who Lose Track of Money – Part 1

Do you lose track of money?

It’s easy to lose track of money. In fact, I read some years ago that 60% of people said they would “like to live on a budget,” but only 20% did. That likely means that only 10–15% of people really use a budget. The truth is, we all need a financial plan – one that we live by day after day. We need a tool that helps us to biblically and consistently live in order to reach our goals.

Now I repeat this frequently, but a budget is simply a spending plan. It helps us to be faithful. It eliminates the fear and anxiety of wondering if bills can be paid. It can bring peace and unity in your marriage while breaking the bonds of stress over money and debt. It’s easy to put off planning in favor of other things. I know! I earned a degree in procrastination, but Solomon said, “The plans of the diligent lead surely to abundance,” (Proverbs 21:5) Since he’s the wisest man who ever lived, we should pay attention to those words.

A budget takes a few hours to prepare, but the benefits can last a lifetime. That’s why I don’t want you to procrastinate getting started. Budgets reveal where overspending is happening. Examine any compulsive, emotional, or “instant-gratification” shopping, then establish habits to put it under control. Maybe you need to downsize. Consider moving or driving a less expensive car. Reduce variable expenses like food, clothing, and entertainment. Small lifestyle changes will make a big difference! A budget will teach you diligence while helping you keep track of God’s money!

And if you’re struggling with credit card debt, Christian Credit Counselors are the best. They’ll create a debt management plan specifically for you. For more information visit crown.org/ccc.