Skip to main content

Confucius Say

In honor of America Saves Week, we would like to share a few more quotes on smart money habits. Like this and want to read more? Start at the beginning of my blog here.  

"When prosperity comes, do not use all of it,” Confucius.

“China’s most famous philosopher dispensed enlightened advice on many aspects of life over 2,500 years ago, including finances. With only nine words, Confucius emphasizes how wealth and prosperity can come and go, so it’s imperative not to behave as though they’re here to stay. And the way to do that is to live within your means and set aside some of today’s wealth for a proverbial rainy day (CreditOne).”

Proverbs 13:22: “A good man leaves an inheritance to his children’s children" (NKJV).

"This verse keeps our life goals, our vision and our legacy front and center when we’re choosing how to use our money today. When we weigh what we want now against what we really want later, we realize how temporary satisfaction pales in comparison to a legacy of purpose and generatioal fulfillment.

And an inheritance is not limited to money. It also includes godly character qualities like integrity and trustworthiness. Combining a financial inheritance with wisdom and godliness ensures that the next generation will also manage God’s blessings God’s way for God’s glory long after I’ve graduated to heaven" (RamseySolutions).

What's the message? Following some simple suggestions can help you live the best financial life ever. Are you ready to get started?

Comments

Post a Comment

Popular posts from this blog

Books Equal Bucks

 In November PBS always hosts their  Annual Reading Marathon . “Wow. That’s the  second  time this month that our financial blogger has gone off the rails regarding blog topics. What does reading have to do with finances?” My answer? Everything. Establishing good reading habits in children–reading 20 minutes a day–can literally change their financial future. Good readers do better in school. Good readers are more likely to graduate from high school. Good readers will probably make more money as adults. Reading changes EVERYTHING          . That being said, books  can  be expensive, but they don’t have to be. Libraries are some of the best resources for book access–they play SUCH an important role in our community. You can also share/trade books with your neighbors, friends, and family members (just make sure you have a good system for tracking book ownership). Second-hand stores or garage sales are awesome places to s...
Post a Comment
Read more

Bon Voyage

Many of you are aware that I like to travel. I’ve had the pleasure of visiting a few foreign countries and taking a handful of cruises, and I intend to do more in the not-to-distant future. Because you know me, you know I don’t finance these trips–I plan ahead and save for them. And if you’ve followed my blog for a while, you are also aware that I do use one credit card for which I earn flight miles, and I use this card on the trips where I see the world. There is one thing about my credit card for which I am especially grateful–whenever there is suspicious activity on my account, I get a text notification. The credit card company recognizes that charges abroad MIGHT NOT BE LEGIT, and they send me a message. All I have to do is confirm that it is, in fact, me that made the peculiar purchase, and I’m good to go. If I did not make the purchase, I respond in kind, and my card is deactivated. Note to self and others: one could avoid these potential interruptions if one calls credit car...
Post a Comment
Read more

The Marshmallow Experiment

In 1972, Stanford did a study about delayed gratification with children. It involved giant marshmallows and testing their patience.  You can see a short YouTube video about the study here . Basically, the kids who could sit alone with a giant marshmallow without eating it for a certain length of time were rewarded with a second giant marshmallow. Fun, huh? Some kids could be patient and reap the rewards; some could not. I was a small child when the study was conducted, and I wonder which side I might have been on. I HAVE learned to be pretty patient as an adult. One of the areas in which I’ve seen improvement is in finances. I have become a good money manager–I could be paid once annually and budget so that I won’t run out before year’s end, including having enough money to pay my own quarterly taxes–self-employed people do that. Speaking of taxes, I try not to overpay so that I qualify for a “refund,” because the government does not practice The Marshmallow Experiment. Huh? ...
Post a Comment
Read more