Each group comes up with the 10 Commandments of Financial Fitness. They do such a great job coming up with great ideas. I am so proud of them. Here is the list I came up with.
10 Commandments
of Financial Fitness
Research shows that control of finances affects
happiness as much or more than your career, your partner, your health and
overall relationships. Being “FIT for the Kingdom” means you pay attention to
physical, emotional, social and financial fitness as part of your spiritual
fitness.
1. Be in Control
Get organized with money and be in control of it, so it doesn’t control
you. Money can be your master or you can
let it be your servant. It is all up to you.
How you deal with money throughout your life will deeply impact your
happiness. Learn now to be in control and not overspend. Live within your
budget and discover how extremely rewarding it is.
2. Simplify
Particularly if money’s tight, differentiating
between “needs” and “wants” can help you stay within budget. Needs come first,
and if there’s money left over, you can spend on wants. Try to limit your wants
and be happy with less. Remember often less is more…peace, contentment and
happiness!
3. Don’t Borrow $
It is so important to follow this rule, especially while on your mission. It
puts stress on your companionship and is not ever a good thing to ask for money
because you have run out. Instead work together and help each other live within
a budget.
4. Save!
Decide on an amount you’d like to save each month, and include it as an
“expense” in your budget. You should have a minimum of 200 Rand at anytime on
your mission as a minimum for emergencies.
It is often wise to leave your savings amount on your allotment card and
let it accrue for emergencies, which will arise.
5. Don’t Shop Hungry
A cardinal rule of shopping is to take time to
plan ahead and make a list of what you plan to get at the store and then stick
to it. If you go hungry, everything
looks good and you are a target for impulse purchases. Stores work hard to
get us to buy extra impulse items, so don’t give in!
6. Don’t Covet or Cheat
These words are part of the original 10 Commandments and offer sound financial
advice. Be happy with what you have and don’t be tempted to do things that are
not honest when it comes to finances. The world encourages many practices from
begging, to borrowing to stealing that will never get you ahead, only behind in
every sense of the word.
7. Set Limits
Determine the amount you can spend each
week while on your mission and stick to it. If you put cash in envelopes (or
just hide it away) you will be happier and more at peace each week as you
tangibly prove that you can live within your means and set limits you can
adhere to. You will be greatly blessed in the future as you have developed the
habit of discipline.
8. Health is Wealth
Read through recipes and learn to make simple
things that are healthy, inexpensive and you can fall back on them if needed. Getting
things out of your diet that are not good for you, i.e. high energy drinks,
caffeine, cold drink, sugars and fats will also be cost efficient. The more you
eat fruits and vegetables in season and cook simply, the better you feel and
the heavier your pocketbook.
9. Do Unto Others
Give to others. This is a rule that will help
you realize how much you have when you are willing to part with a fraction of
it. The law of the fast and the
opportunity to pay a fast offering is one way you can realize what blessings
you have and help you not focus on yourself all the time. Learn to use your
money to bless and surprise others with your love and generosity.
10. Forgive Yourself
It’s almost impossible to follow a budget 100% of the time. No matter how
disciplined you are, you may overspend now and again. Forgive yourself for
small errors and get right back on track, as soon as possible. Learn from your
mistakes.
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