Friday, September 19, 2008
Prospering In A Declining Economy
"Let yourself be free from the love of money, being content with what you have; for He Himself has said, 'I will never leave you, nor forsake you,' so that we confidently say, “The Lord is my helper, I will not be afraid" (Hebrews 13:5-6)
The financial pressures on America’s families continue to mount. The current economic challenges, the Wall Street crisis, declining home values, and higher gas prices have placed a great strain on many of us. People are losing their homes, food and energy costs continue to rise, the list goes on.
While these things are all true, what we are experiencing is nothing new. Solomon says in Ecclesiastes that "there is nothing new under the sun."
For example, in the Old Testament the nation of Israel was taken captive and was forced to endure 70 years of hard labor in Babylon before they were finally freed and allowed to return to their homeland. We pray that our current economic downturn won’t last that long!
In the meantime, here is a list of things that can help you to survive and even thrive in our current economy.
+ Pray for our nation and its leaders.
+ Learn to be content with what you have.
+ Read what the Bible has to say about money.
+ Pay your bills faithfully as a positive testimony to your creditors and a good example to your family and neighbors.
+ Downsize if it puts you in a better position.
+ Have a garage sale or yard sale to to pay down debt or increase savings.
+ Capitalize on your most valuable asset - your family.
+ Start a garden, use fresh vegetables and fruits in season.
+ Cancel your cable or satellite. Read books, play games, take walks, invite friends over, spend time with family.
+Remember God's Promises.
“God is our Refuge and Strength, a present help in times of trouble."(Psalm 46)
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