Becoming financially responsible

Good evening beautiful people. How are you doing, I hope your day went well because mine did. I read a book recently by pastor Faith Abiola Oyedepo, I came across something and our discussion today would be centered on it.
Many singles feel that because they have only themselves to cater for, the subject of being financially responsible is not as crucial to them as it is for most couples but really that ain’t true. We are going to talk on how to be financially responsible and things to avoid to make sure you are accountable for your spending.
Giving consideration to physical beauty is good, but having an exaggeration in it such as filing the drawers with so many clothes that one cannot wear except once or twice and leave. This is something of no great importance as a single. Let’s talk on the basis of money management
Accountability: Accountability is responsibility. Financial rest does not come when you are a millionaire, It comes by being a good money manager. You must have a financial plan or else you are creating room for financial pain. Pain is a disorder, therefore to experience pain is a sign of disorder in your spending pattern. So how can we be accountable for our spending? Record keeping. Periodically, make a list of items you spend money on and how much money you spend on each item. Some people might think that this exercise is childish, that is why you are broke. Don’t just spend money as the need arises, else you will find out that you have spent all your earnings on areas of less importance while the most important areas are left unattended to.
Learn to budget: One major thing that will help you as a single to be financially responsible is to budget your spending. How will you know how much you need per month if you have not sat down to write your expenditure for the month is? Budgeting enhances your ability to live within your means, the reasons why many people are in debt and financial stress today is because they are not living within their means. As singles, learn to be content with what you have per time. Living without a budget is like living without a guide, can you imagine the government or a major corporation operating without a budget? No and neither should you
Prioritize your spending: The fact is, you cannot exhaust all your needs but there are those that can come before others, these are your priorities. You must make sure that you do not spend money on things that you can afford to live at a latter date
Shun idleness: Your financial relevance and increase has a lot to do with your ability to engage in profitable ventures. Work to earn money, refuse to be idle, let your hand be working hands. God is a god of multiplication but if you earn nothing what will he multiply, zero multiplied a thousand times over still equals zero. Do not rely on the gifts from your uncle, aunty, parents or even siblings.
Investments and savings: Many singles today find it difficult to save some part of their earnings, many are ignorant of what it means to invest. If you have a good example of the profits that is in savings and investments, you will key yourself into it. The idea of savings and investments is not a worldly principle it is very scriptural, even the lord Jesus had a treasurer[you can check john 13:29 for proof]. The truth is, there is seed in every income that gets into your hand, do not eat your seed with your harvest like many people do. If you eat your seed today, you will beg tomorrow, set aside some amount on a regular basis and invest it.
Tithe paying: To fail to pay your tithe is to rob God. Just think for a moment, is it possible to rob God and not be caught? But when you do not pay your tithe that is what you are doing, don’t rob God in attempt to save money or make up for some unseen expenses. Your tithe is an acknowledgement and recognition that God is the source of all the money that comes to you in the first place and it is also your spiritual insurance of all your income against all devourers, to refuse to pay tithe opens you up to devourers.
Things to avoid if you want to be financially responsible;
Covetousness: Covetousness is the desire for things that do not belong to you, it is the craving to get those things by all means. Covetousness takes hold of many singles these days because of peer pressure, everyone is out to get the latest item in the market and this crave makes many singles spend beyond their means. This has pushed many into debt and all manner of unbelievable vices. Be satisfied with the step by step lifting of God in your life, patience is required. Just as a child does not walk the day it is born, you should not expect to be a millionaire overnight. Live your size, eat your size, wear your size per time
Impulsive spending: This is buying things suddenly without stopping to think carefully about what might happen as a result of such action. Beware of impulsive spending and don’t just buy things because you have money, avoiding impulsive spending doesn’t mean that you can never buy what you want, it just means saving up your earnings to enable you pay cash and in the end have fulfillment. Finally, comparison. Many singles suffer from peer pressure, comparing themselves with their mates and thereby losing integrity. Remember that you are not like any other so also your destiny is unique.
This is it for today but please note that whether you are widowed, divorced or simply single, now is the time to build and protect your financial future. See you next week, bye.