“The following blog post is an excerpt from a new book by Errol Lawson called “The 5 Core Abilities of Highly Effective Leaders”. Errol is a business coach, best-selling author and youth pastor. The book is written primarily for the Christian community but readers from all beliefs can gain great insights from his writings.”
PRINCIPLE #2: PLAN FOR THE FUTURE
Even though Devin has many skills and successes to his name, he gives all the ultimate credit for his success to faith in Christ. “My faith has been vitally important to me,” he shared. “I draw tremendous strength from it.” Clearly, Biblical principles ought to make up an integral part of our money philosophy.
Over and over again, God’s word tells us that saving money is a crucial part of Biblical living. A healthy habit of saving is actually the foundation upon which all the other elements of stewardship can be built. After all, how can you invest responsibly or help others if you don’t know how you will provide for yourself in the long term?
In the following passage, the book of Proverbs gives us a wonderful picture of Godly stewardship in nature:
“Ants are creatures of little strength, yet they store up their food in the summer.”
Many passages from Proverbs are quite enigmatic, but this one is easy to figure out: God’s creatures naturally know that they must work hard when work is plentiful in order to save up for more difficult times. Devin stresses that managing your spending is the key to saving responsibly. If you try to grow your investments without paying attention to how much you spend day to day, you’ll always be a step behind. As they say: you need to spend well to save well.
So make an effort to keep tabs on your spending. Make a monthly budget and stick to it. Work on paying off your outstanding debts. Don’t spend money that you don’t need to, and pray about major purchases. Take some time to evaluate which items are actual necessities, and which are merely luxuries. Forcing yourself to consider whether or not you actually need the item you’re about to purchase can revolutionise your spending habits for life.
“One who is faithful in a very little is also faithful in much, and one who is dishonest in a very little is also dishonest in much.”
For the full text, get your copy of The 5 core Abilities of Highly Effective Leaders. It’s now available on Amazon https://goo.gl/biwfm