Control Your Spending

Is your spending under control?

Getting out of debt and achieving financial goals requires discipline to change the way you spend money. The better you become at spending money, the better you’ll be at managing it overall. It takes wisdom and character to avoid spending all that you earn. When tempted to buy something on an impulse, develop a means to say no. Try turning your shopping cart around, walking out of the store, or closing your computer to gain perspective. Give yourself at least 24 hours to think and pray about it. If friends invite you to participate in an activity that costs money, suggest something else, or just take a pass. If you can’t influence them to spend wisely, then perhaps you need to pray about who you spend time with.

We’re all influenced by others, as evidenced by the negative effects of social media and the fear of missing out. It’s helpful to remember a verse that the Apostle Paul used when warning against idolatry. Use it when confronted with a desire to spend money when you know you shouldn’t. “No temptation has overtaken you that is not common to man. God is faithful, and he will not let you be tempted beyond your ability, but with the temptation he will also provide the way of escape, that you may be able to endure it.” (1 Corinthians 10:13) 

Now that’s comforting! So learn to control your spending by renewing your mind and developing new habits. After all, “It’s required of stewards that they be found faithful.” (1 Corinthians 4:2)

And if you’re struggling to make ends meet due to credit card debt, I recommend Christian Credit Counselors. They’ll create a debt management plan that works for you. For more information call the Crown Helpline: 800-722-1976 or visit online at crown.org/ccc.