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Money-$aving Tip

 

Would you like to know how to buy your next car for cash or avoid those pesky car payments? I sheepishly admit that my wife Cathy and I bought or leased TEN NEW VEHICLES in ten years. This was before I learned Biblical financial principles dealing with how to use God’s money, particularly about being a cautious debtor. Today we have two reliable vehicles and no car payments! It’s just one step closer for us, on the road to financial freedom.

 

Here’s a simple explanation. Statistics show that most people trade in their cars after four years. The average reliability of a car is up to12 years. That means most people have up to eight years of reliability at the time of trade in. Rather than trading it in, keep it. When it’s paid for, deposit the amount of the monthly payment into a savings account. After several years you’ll have saved enough money to buy a reliable low-mileage car with cash!

 

Submitted by Pastor Chris

 

Books

 

Recommended books on stewardship

It All Goes Back In The Box by John Ortberg

God And Your Stuff: The Vital Link Between
Your Possessions and Your Soul
by Wesley K. Willmer

Fields Of Gold by Andy Stanley

Secrets Of The Generous Life by Gordon MacDonald

Money, Possessions And Eternity by Randy Alcorn

The Treasure Principle by Randy Alcorn

 

Outside Links

 

Good $ense
Good $ense Money Management

Crown
Financial Ministry

Daver Amsey

startribune
Money section

cccsatl
Consumer Credit Counseling Services

Luther Seminary
Luther Seminary Stewardship page

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