Where to put surplus
October 29, 2018
I’m Miriam Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about money
M With a good budget plan in place and building surplus, you have another decision to make. Where to put surplus.
V The preverbal shoe box under the bed, not a good idea. Bank savings account, return .001% Hardly the standard of the parables of good stewardship. Equities have been reliably a 7 % return for decades. Fluctuations, yes. But conservative choices mean less fluctuation and even that 4 % is a better return than the bank savings account.
M All this means time, research, learning from wise people and then monitoring your surplus. Why? Because its God’s and He’s entrusted it to you. Take the time to learn and put surplus is a growing place.