Tuesday, 9 July 2013

Final thoughts on finances!

One of the best ways to save money is by looking at your everyday expenditure. For example, if you buy a Costa's coffee it costs you around £2.80. If you do that every working day, adding up your spending on that item alone comes to about £600 a year!! (And with nothing to show for it at the end of the day...) Those items add up. And let me say, I’m not against Costa or Starbucks – I like their hot chocolate once in a while!

Have any of you taken out PPI loans? Make sure you are claiming the compensation due to you via your bank or whichever financial institution gave it to you. Do not use one of the claims companies – they will take a large sum of money from you just for completing a simple form that you could do yourself.

Another thing I do is to read the financial papers, particularly the economics side of things so that I can make informed decisions on future financial planning. This may not appeal to you – I find it helps me.

In conclusion - I believe that God has called us to be good stewards, to be generous with our money and to manage it well. For each of us, our circumstances may be different but we each need to ask God for help to take the right next steps to be a faithful steward. The money we have is not only to be used for paying bills and investing in our own future but is also to be used to bless others for God’s glory. If we steward our resources aright we will have more than enough for every good work. All we have is His – it’s our responsibility to use HIS money wisely!

This concludes the series on finance taken from our annual King's Stewardship seminar