Dangerous convenience Online shopping # 2
June 30, 2022
I’m Miriam Neff and I’m Valerie Neff Hogan with Wise Women Managing Money
M We love to save time. Online shopping means no driving around, gas and time spent. But there’s a downside. Online shopping was up 20% last year. One click shopping, because your credit card is on file makes it easy.
V Sadly some have accrued so much credit card debt they have had to file for bankruptcy. Credit card debt can lower your credit rating, which increases mortgage rates and loans for car purchases as well.
M Lets look at an old agricultural piece of advice in Scripture. Look after your flocks. Today’s application. Keep track of your bank account AND credit cards. Like feeding sheep keeping them healthy, you are monitoring important tools.
V Financial oversight is stewarding what God has entrusted to you. That’s motivation to do it well.