Money is necessary for living. You have to have money to be able to put a roof over your head and food on the table. Money is required for most things these days. What’s important is how you view money.
Stephen W. Gibson said, “The first thing we need to understand about money is that is not evil. Money is neither good nor bad. The Love of money or the obsession with accumulating money from others unrighteously, no matter what the method, may be evil, but money in and of itself is neither good nor evil. Money has great power. It is the power to feed ourselves and our families, power to purchase or rent shelter and to buy transportation. It is the power to purchase medicine for our sick children…” and so on.
Having money is essential to being able to take care of our needs and the needs of our families. By having money we can also help those who are less fortunate. What’s important is your perspective on money. Money isn’t evil but the intent behind what you do with money can be.
It’s important to budget and have priorities otherwise money will rule your life. The choices that you make will be based on money and how to gain it unless you set up boundries and rules for money. The love of money can take over a person’s life and relationships can deteriorate.
Money Rules to Follow:
- Set a budget.
- Live within your means.
- Have different savings account for different goals. Have one for an independent account. One for your budget, a savings (for birthdays, holidays, things that come up), a savings account for wish list items, and an investment account.
- Make smart investments.
- Don’t spend more on a credit card if you cannot pay it off.
- Make consistent contributions to charity.
These are some money rules that can help you keep a healthy relationship and perspective with money. Money is important and it enables you to be able to live a certain way. Setting a budget and having different savings accounts for different goals will help keep you out of debt and it will help you feel more secure.
So while money isn’t evil, it’s important to have good intentions and rules for accumulating wealth and even for how you spend money.