6 Nov 2014
Andy Stanley’s sermon was titled “The Assumption of Consumption”; it was an excellent talk about how many people look at money. How money is very powerful and needs to be properly managed.
One of the questions Andy asked was “Do you have any extra money?”
So let me pose that question to you. Do you have any extra money? When I ask my clients that question I usually get a very quick “no” as the reply. But let me ask some follow-up questions similar to what Andy asked.
- Do you go out to eat? That is extra money.
- Do you buy a cup of coffee or a soda sometime throughout your day? That is extra money.
- Do you have change in your cars cup holder or on your dresser at home? That is extra money.
One thing I have found while performing money management coaching is that most people have extra money for what they want to buy, but somehow don’t have enough money to pay their bills.
Look at the small things in life, like getting the newspaper delivered, cable TV, or even the high speed internet connection, all those things are ways in which you are spending extra money.
Oh I know, some may consider those things a necessity, and I am sure you can come up with many examples or excuses why you need some or all of those things, such as:
- I get the paper because I use the coupons to save money
- I need cable TV to relax or watch sports, I work hard and I deserve some entertainment.
- I need internet for my kids they need it for their school work.
Now I am not faulting any of these excuses nor am I trying to say they are not valid. What I am saying is when you are in debt and can’t meet your basic living expenses or keep up on your bills, there can be extra money found in the spending plan and habits of the household to help with the bills.
So my answer to the statement “I need extra money”, look around you, you most likely have extra money right now.
Being a good manager with the money God has given you will help you increase that money. Every household needs a budget. You need to know where your money is going. There are a couple of good resources to help you make a budget and get an idea of where all your money is going; including the “extra money” you don’t think you have. An excellent home study guide on money management and one I recommend is The Total Money Makeover. It is a your road map to finding extra money, a lesson plan on how to get out of debt. Regardless of your financial situation, everyone can learn from what is taught in this guide and how to find that “extra money” you may be looking for.
Extra money is there, all you have to do is be willing to make some changes to get a hold of it. Instead of having internet in the house, maybe the kids can do their homework at the library. Canceling cable TV can many times save you at least $100 a month, that is $1200 a year worth of extra money. Will these changes be easy? No probably not, but they will give you some extra money.