Monday, August 22, 2011

Financial Matters

Flipping Burgers to Flipping Millions

Initially, this book did not sit well with me because of the way the author talked about money.  As I continued to read, I began to appreciate the lessons and principles more.  Although many of his figures do not seem practical (e.g., 10 percent returns), they provide useful illustrations that support his financial principles.

"Seven Unchanging Laws of Money" (p. 26)

1. Save ... and begin saving early.
2. Control your expenses.
3. Make your money multiply. ... Invest
4. Guard your money against loss.
5. Make your home an investment.
6. Ensure a future income for yourself and your family ... by developing a career, improving yourself, and investing.
7. Work and study to increase your ability to earn.




In order to compliment these ideas, I would suggest reading a book that we read at Grace, The Treasure Principle.  While saving is important, giving is often overlooked.  We need to recognize that we have a responsibility to help others.  If you do not think that you can have an impact, read this article.  Each person that answers the call to tithe will bring us closer to significantly reducing many of the problems in our world.

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