Recession proof living # 1
July 28, 2020
I’m Miriam Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about money
M Thankfully we are not in a recession. But the future has unknowns. Luke 12 says don’t worry. We say prepare. You can recession proof your life before hard times come. The answer: emergency funds are vital, but how much?
V Balance the tendency to stockpile and hoard (which leaves out faith in God’s provision) with due diligence and not being wasteful, slothful or greedy consuming everything. Balance is key and seeking what the Lord has specifically for you is the way to discern that.
M That fund means not looking for a line of credit in bad times, or borrowing with a shrinking income. It’s cash in a bank, not real estate or equities. Besides recession proofing your life, you’ll have peace.