Do not be conformed to this world, but be transformed by the renewal of your mind, that by testing you may discern what is the will of God, what is good and acceptable and perfect. - Romans 12:2
I want to encourage you to consider something today. Statistics show that a good percentage of people are not in good financial shape. A new study from the Center for Financial Services Innovation, found that just 28 percent of Americans are “financially healthy.” The financial future is bleak for many – more from the study:
44 percent of people said their expenses exceeded their income and they used credit to make ends meet
42 percent said they have no retirement savings at all
There are tons of these surveys and studies being published. Unfortunately, they are all pointing to the same outcome. If you are one of those people how about deciding to do something different in 2019? How about changing your financial habits? We are a result of our habits, both good and bad. If you have a lot of bad financial habits, it shows up in your bank accounts, your credit card statements, your retirement accounts, etc. If you have some successes, you can generally point to a series of habits that have supported those successful outcomes.
You habits both good and bad define your future success with stewardship and money. Said another way, prudent stewardship is about practicing good financial habits. It is plain and simple. Habits start in the mind. You have to renew your mind from bad habits to habits of stewardship. The Bible is the instruction manual of good habits. If you want to learn about how to deal with money, there couldn't be a better resource. There is a reason why money is written about or referenced more than any other subject in the Bible.
So, make a list of habits that work for you and habits you want to change. Take a honest self assessment. There is no better time than at the end of a year to assess what is not working and commit to another way in a new year. January signals the opportunity for new beginnings. Don't repeat what did not work only to continue it in a new year!