Investing

Money Week

Cash Rules Everything Around Me…or does it? I’m not going to jump into the song by Wu-Tang here, but I did use that as an idea way way back when to produce a sermon series based on the same title. We weren’t capturing audio or video back then so those archives are up in smoke. I will say, though, that we had an idea during that series where I challenged people to tithe faithfully for 40 days and after that 40 days if they were unsatisfied with the way God blessed them during that season, that we, the church, would give them a refund. Surprisingly, not a single person asked for their money back!

I don’t think money rules everything, but it does play a part in literally everything we do and because of that, we need to have a good angle on how to treat it and be cautious of the ways it could treat us.

Reading through the book of Ecclesiastes right now for my current sermon series and I see a great many ways where Solomon, the self-proclaimed wisest man ever, and sequentially the wealthiest man ever, treated money. I see areas where he seemed to almost regret, albeit without saying it,  some of the choices he made when it came to wisdom and money.

So my quest for this week is to decipher what we can learn about money. I’ll give you a bit of a behind-the-scenes look into my life for a minute so I can establish some credibility. First, I am not a professional financier. I don’t have an MBA. I’m not in banking. So please know that what I’ve learned and some of what I’ll disclose was learned through trial and error and through the wisdom of others. In other words, take it with a grain of salt rather than a statement of fact.
Here’s what I can offer: Down to earth perspectives on budgeting, spending, teaching your kids about, investing (stocks and otherwise), debt reduction, etc. It’ll be fun!

Personally, I am really intrigued by this kind of stuff. Always have been. I like reading about it, researching and attempting things that will help move our family forward.

Back in 2016, I established a 10-year goal for our family when it came to money, and I put in place some things about what and how to teach our kids about money.
My goal was simple, but still very large – total debt freedom by 2025 during which time, we would take a good vacation every year and still save between 3K and 10K.
Now, I’ve amended some things since then and am currently pursuing a different line of investing, but the end goal remains the same- debt freedom by 2025.

As we start this week, let me ask you this question:

What’s your long-term goal (5-10yrs)?

Reality is that if you have no target, you will never hit anything. We make a great many mistakes in life not because we don’t know but because we don’t have a specific target in mind. So let’s begin with some intentionality- come up with a target you’d like to hit and let’s begin moving the needle on getting that finished. What goal would you be willing to share here?

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