Financial literacy for every person
October 18, 2021
I’m Miriam Neff-with STARTING OVER FINANCIALLY, and I’m Valerie Neff Hogan, and we’re here to talk about money
M Financial literacy is a requirement for every person. Biblically we are each stewards and accountable to God for all He’s loaned us. Here are five simple components: earning, saving and investing, spending, borrowing, and protecting. The Bible addresses each of these:
V Work to earn
Save and invest to provide for your needs
Spend based on wise decisions
Borrow rarely and only for certain necessities
Protect what you have
We address each of those in our Wise Women Managing Money video at widowconnection.com. The principles apply for women and men.
Start simply. Be productive and earn. Then save and invest to provide for your needs. Proverbs 13:11 ‘whoever gathers little by little makes it grow.’
Spend less than what you earn.