If I could give anyone any bit of advice concerning their finances it would be to first tithe and second, to do a budget every month.
I absolutely believe, whole heartedly, 100%, that tithing rebukes the devourer.
Bring ye all the tithes into the storehouse, that there may be meat in mine house, and prove me now herewith, saith the Lord of hosts, if I will not open you the windows of heaven, and pour you out a blessing, that there shall not be room enough to receive it.
And I will rebuke the devourer for your sakes, and he shall not destroy the fruits of your ground; neither shall your vine cast her fruit before the time in the field, saith the Lord of hosts.
Malachi 3:10-11 King James Version (KJV)
The devourer is anything that comes to siphon money out of your pocket. I call the devourer Satan. You might call it debt or emergencies. For me, anything that opposes what the Bible upholds as righteousness or right living I consider the devil.
Father God also promises to open up the windows of heaven and unleash a tsunami of blessing in our lives when we tithe. This principle is something you won’t or be able to comprehend until you have tasted and seen it for yourself. Father God even says to us “prove me now” which in other words means, try me and see.
Beyond tithing, I create a written budget every single month. Germaine and I sit down and make a list of everything that needs to be paid for the month, both expected and unexpected. We write down how much we anticipate to earn for the month and we compare the two numbers.
That’s all a budget is for us. Our budget is based on the principles found in Habakkuk.
And the Lord answered me, and said, Write the vision, and make it plain upon tables, that he may run that readeth it.
For the vision is yet for an appointed time, but at the end it shall speak, and not lie: though it tarry, wait for it; because it will surely come, it will not tarry.
Habakkuk 2:1-3 King James Version (KJV)
Father God is telling us there is power in writing down our goals, plans, budgets or agendas. Writing a budget is making you aware of what God is blessing you with finically each month. A written budget is also a road map telling those dollars where to go every month. The budget doesn’t lie, when written transparently. Written with your accurate income and expenses, your money will do exactly what you tell it to do in the budget.
The first thing we tell our budget to do is honor God in tithe and offering. We designate a little over 15% of our income to tithe and offering each year. We pay our tithe to our local church and our offering goes here.
Once our budget is mapped out, we take out cash for certain areas of our budget. Paying cash for some categories of our budget is a Financial Peace University principle.
The idea is that when you spend cash versus swiping a debit card, you spend less. This concept may seem like it makes no sense, but I’ve tried months with using my debit card for categories like groceries and using only cash. In the month when I used cash versus my debit card, I spent less than what we budgeted. In the month where I used my card, I spent more or the entire grover budget for the week.
Knowing my checking account would cover anything over the budget made me less selective when shopping. I’d pick up things not on my list. When spending cash, I was more calculating because I didn’t want to get to the register and not have enough to cover everything in my cart.
Some of the areas in our budget where we use cash can be seen in the picture above, but I’ll list them here as well.
Spending Money (His & Hers)
I already shared that we started Financial Peace University in August. We’d done the Total Money Makeover for a while now, but not FPU. Since starting the 9-week course, we’ve supercharged our efforts to complete baby step 3 which is save 3-6 months of expenses for a rainy day.
We are 80% of the way there and will be finished by December if not sooner. We finally comprehend the freedom that comes with having money saved and no debt except for the mortgage.
Creating a budget has been one of the biggest game changers for us and I wanted to share our story in hopes of inspiring you.
If you are considering FPU or currently working through it, share your story in the comments.
If you would like to receive prayer, please leave a comment below and we will pray over it. Also, please share your experiences or comments because we are all women of prayer and can encourage one another.
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