Prosper With Money

Last night my wife and I were reading our devotionals together and the topic was forgiveness. While both of us have a lot to learn in this area, I wanted to take a few minutes and discuss what forgiveness means when it comes to financial infidelity. Financial infidelity seems to growing as my counselors and I are dealing more and more with one spouse hiding money or debt from the other spouse. As I have been studying financial infidelity, it have become clear that it is not a male or female dominate problem, but seems to happen to either sex just as often.

Let me first give you the typically case that I work with. One spouse is the keeper of the household books and the other spouse just is not involved in any financial decisions. One or both of the household income becomes reduced (layoff, pay cut, no bonus, commissions are down) and the other spouse who handles the household finances feels to ashamed to cut life style or feels that they have been left on their own to deal with the problem. When this happens, it usually leads to credit card debt or hiding of money for a “rainy day”. Something comes up (usually an emergency) and when there is no money to pay for something the spouse who has been hiding the debt has to come clean.

I know that once both spouses have found out about the problem, most if the time they are ready to tackle to problem head on but there is always some hurt due to not having a spouse helping together with the money, or one spouse racking up credit card debt and the other spouse not having clue.

Just like with any other issue that you would deal with in marriage communication is the key. Financial infidelity is almost always caused by lack of communication and could have been avoided completely is both spouse were on the same page. Do not be afraid to talk to you spouse about money, if they will not listen than at least you have done all that you can. Remember, in the first 7 years of marriage the number one cause of divorce is money fights and money problems. Do not let financial infidelity take your marriage. As hard is it to admit that both spouses are at fault, forgiveness needs to happen from both spouses. Talk to your spouse today about your finances so that you can take control of your finances and work together as a team!

Bookmark It

Hide Sites

What keeps you motivated to get out of bed every morning? What keeps you motivated to work like no one else at your job? What keeps you motivated to love your wife and children unselfishly? Lately, I have been looking at these three questions in my life.  I find that the easy answer for me is God but as I look deeper at my motivations, God is certainly the biggest motivating factor, there are other things in my life that push me to be and do better things. The first is the love of my wife. My wife Kristyn, is awesome. She is kind, loving and always looking out for the best for our marriage. We have our disagreements just like everyone else but day in and day out she is my rock and will always be my rock. The next motivation for me is my kids. Seeing the three of them gets me into work some days when it is sunny and 80 degrees. Knowing that there is work to be done to put food on the table so that they can grow up without and needs (notice I said need, they will always have wants).  The last motivating factor is the “I” factor. If I want to succeed, then work needs to completed. If I want more business then work needs to be completed. If I want to take my family on vacation the I have work do. I do not depend on the government or other agencies to provide for me and my family. My family and I work hard for what we have and if we are going to succeed materially in this word we will continue to work hard and not depend on anyone else to do the work for us. So, after my little speech what is your motivation?

Bookmark It

Hide Sites

If you have been listening to Dave Ramsey’s radio show on WDCX 99.5 lately, you may have heard him talk about a free lesson of his Financial Peace University program.  Port of Grace Church (Port Colborne, ON) & Wesleyan Church of Hamburg (Hamburg, NY) will be running a free lesson. We here at RKL Financial would like to make it available to your congregation and the community. 

We will be watching the DVD of Dave Ramsey presenting the topic of “Super Saving”, the first lesson in the series.  We also will have a brief discussion afterwards. I realize this is short notice (and Easter Sunday), but I thought you might be interested in putting this information in your bulletin, or announcement, or even just tell someone in your congregation who might be struggling financially. 

Thank you very much.  If you have any questions about this, about running FPU in your church, or anything Dave Ramsey related, please let us know! We are here to help!

Where (Ontario):
Port of Grace Church

26 Charlotte St

Port Colborne, ON 
Date: 
Tuesday April 6th, 2010

 Time:
7 pm to 9 pm

Leader:
Shaun Somers
Dave Ramsey Certified Financial Counselor  
Where (WNY): 

Wesleyan Church of Hamburg

4999 McKinley Parkway
Hamburg, NY

Date: 
Thursday April 8th, 2010

Time: 
6:30 pm to 8:30 pm

Leader: 
Ryan Loos
Dave Ramsey Certified Financial Counselor 

Contact Information:
877-58-PEACE

info@RKLFinancial.com

Bookmark It

Hide Sites

In today’s economy, how can we as Christians experience true financial peace? Many of us have lost homes, jobs, retirement funds, while others may be hounded daily by creditors. In this time of economic crisis, it is crucial for us as Christians to remember that through Christ we have hope, not only eternally, but also in knowing that He is willing to help us even in our present circumstance.

In the book of 2 Peter, Peter emphasizes the importance of gaining knowledge in Christ for the purpose of  detecting the lies of the false teachers. Unfortunately, we are bombarded with media influences that can easily sway us from the Truths that God has made plain about managing our finances through His Holy Scripture.

The Bible says that “The devil is like a roaring lion waiting to devour…The salesmen, financial planners, and creditors in secular America today are trained to entice and convince the public that they are in desperate need of their so-called life & money-saving antics.

The captions in the media promise guilt–free purchasing, by offering zero percent financing, with no money down, and no interest for six months. The creditors promise lower interest rates and great rewards for purchases made on their company’s credit card. And let’s not forget the all too familiar golden corporate ladder that promises years of financial prosperity for those who are willing to forgo family, friends and Sundays (in no particular order) for the cause of the company.

I will be the first to admit that I have fallen for these “too good to be true offers”, only to end up with more heartache and financial responsibility than I originally intended. For us, it was a water purification system. All my wife and I wanted was the free dinner out for welcoming one of their sales reps into our home. What we ended up with was a dinner voucher we never used, and a three thousand dollar water filtration system that we paid on for years, even after we moved out of our home and no longer used the system.

For years I thought that I could use a credit card, reap the user rewards, and pay-off the amount each month. While we were able to pay-off the amount each month we calculated that we were spending approximately $300 more than we needed to simply because it was easier to swipe a card than hand out cash. Not too mention that stress that came with worrying that we would have enough to pay off the bill each month and that someone might steal our identity.

Furthermore, years ago, I was that accountant, earnestly seeking to climb the corporate ladder and make my millions. I traveled and worked countless hours to prove that I was deserving of promotions and special perks, but unfortunately, at the expense of my family.  My wife and I felt so distant from each other and I missed months with my first child, who needed a father’s influence at the time just as much as she needed her mother.

What God challenged me to do, and I encourage you to do, as well, is to dive daily into the Word of God. The more we allow God’s Word to take root in our hearts, the more wisdom we gain as far as how to structure our life goals and manage our finances. Statistic about money references in the Bible.

I believe wholeheartedly that the foundation for experiencing true financial peace begins with the understanding that everything we have, including our income, is from the Lord. The Bible says “The earth is the Lord’s, and all its fullness, The world and those who dwell therein.” Psalm 24:1       When we allow God to plant this truth in our hearts He begins to transform our lives in such a way that we no longer spend for ourselves, but we begin to realize the importance of tithing, meeting our families basic needs and saving for our family’s future.

True financial peace comes when we know we are giving, saving and spending as Christ would have us do.

As Peter writes in 2 Peter chapter one verses 5b-6a, “…make every effort to add to your faith goodness; and to goodness, knowledge; and to knowledge, self-control…”.

The word “add” means that this is something we need to do. In his devotional, My Utmost For His Highest, Oswald Chambers expounds on this concept of “adding to our faith”. He writes, “We cannot save ourselves nor sanctify ourselves, God does that; but God will not give us good habits , He will not give us character, He will not make us walk aright. We have to do that ourselves, we have to work out the salvation God has worked in.”

I encourage you to go against the grain! Make the decision today to give your finances over to the Lord! Change your spending habits and find someone to help hold you accountable. Husbands and wives, work at managing your finances together, so there are no surprises. Continue to seek God in all things and He will give you peace, financial or not, beyond all measure!

Bookmark It

Hide Sites

It’s that time again.  Over 2,700 athletes from over 70 countries are in Vancouver to compete against each other for Olympic glory.  Some teams will be big, like over 200 athletes from the US and Canada; and others tiny, like the lone Jamaican and Ethiopian athletes.  Some are favored to win, others are just happy to make the trip.  Obviously some athletes have advantages.  Aside from the obvious (coming from a country with some snow probably helps) some of the athletes have Olympian parents, corporate sponsorships, or the best possible equipment.

All of them will try their best, but in the end there will only be 258 total medals and only a third of them will be gold.   When it comes to our personal finances though, all of us can win. To me, winning with money doesn’t mean having the most toys or accumulating the biggest pile of cash.  It means being in control of your finances and knowing your future is secure, rather than living pay-to-pay and letting your money just happen to you.  Yes, some people have higher incomes or come from wealthy families.  But with hard work all of us can become debt-free, save for emergencies and build wealth for our future.

This brings us to another fact about the Olympians in Vancouver right now.  All of the athletes, certainly the ones who do well, have committed themselves to hard work.  They have been willing to sacrifice many things to achieve.  Are you committed to working hard and sacrificing to win with money?  In addition, top athletes have coaches to motivate and spur them on to their best performance.  For you, this might mean finding the right books to learn from, attending a Financial Peace University course near you, or the services of a trained Financial Coach.  Depending on your circumstances, one or more of these could be ideal to help you move to the financial winner’s podium!

Bookmark It

Hide Sites