Christian Living

Going Old School With Finances

Thank-you for stopping by for week 2 of my thoughts on Dave Ramsey sermon series Life Money Legacy. I apologize that this post is a bit late. Our household got hit hard by a cold, and two flu’s. This week’s sermon is called breaking the chains of debt.

First thing as I was listening to Dave Ramsey speak he mentioned that in his Grandmother’s time things where different with finances. It sparked some  memories of my Nana and I am going to share them with you.

My Nana was a little English lady who was about 4″9. I was her youngest granddaughter and she was a huge part of my life. By the time I came a long she was in the retirement years of her life. Once my grandfather passed away she would often tell a lot of stories of years past.

One story my Nana would tell me about is how she would take my Granddad’s overtime money and put that away for a rainy day.

She didn’t want to get used to the overtime money being in the household budget incase there was no overtime that month.

That little habit of her’s allowed her family to take trips up and down the coast of England.  I grew up listening to stories about those adventures.

Another thing about my Nana was she was a great baker and cook. It got me thinking about how frugal she had to be to feed five children, and themselves.

Back than she would have gone to the market on a regular basis. Nana would have bought her food off the market or from Mom and Pop shops. The items would have had to be in season unlike today.

One thing my Nana always said to me, “If you don’t have the money, don’t buy it.”

A philosophy that is out of fashion now with finances. In this sermon Dave Ramsey talks about how debt has been marketed to us as a good thing for so long that we believe it’s true.

One verse he said a few times was in this sermon is Proverbs 22:7, “…. the borrower is the servant to the lender.”

It really got me thinking about things.

Another thing he talked about is how we have stopped using the Bible as our financial compass.

I will be using my Bible as my financial Compass

Today I watched a news piece on the recent Alberta budget.  I knew the budget would be interesting but to me it doesn’t make sense. It also left me wondering how I am going pay for the tax increases that affect our life, and the new health premiums?

With no pay increase.

I turned to my compass and came across this verse. “Dishonest money dwindles away, but he who gathers money little by little makes it grow” Proverbs 13:11.

I do not know what the future holds but I do know that I will use my compass to guide us.

By His Stripes Alone

This post is linked up at Mommy Moments

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