March 29, 2013
Tips for Building Wealth 15
Conserve, conserve and conserve a little bit more, my friends!
Sell one of your cars and commit to riding the bus or train to
work. Turn off the lights in a room you are not occupying. Use a
space heater in the room where you are sleeping, eating, reading
or watching television instead of using the
March 28, 2013
Tips for Building Wealth 14
Make a budget and stick to it, no mater what happens.
Even God had a budget my friends! God established a budget of
provision and knew when to distribute those provisions when necessary.
“42 And the Lord said, “Who then is that faithful and
wise steward, whom his master will make ruler over
his
March 27, 2013
Tips for Building Wealth 13
Save money wherever you can.
Here are some tips for saving money that I gleaned from Dave
Ramsey’s book “Priceless.”
• If you save $100 per month for forty years at 12% interest, you
will end up with $1,188,242.
• Imagine if a 30-year-old couple funded a Roth IRA at $250
per month at 9% in
March 26, 2013
Tips for Building Wealth 12
Create opportunities in tough times.
Joseph created another stream of income by selling what was
stored up for a time of famine.
“13 Now there was no bread in all the land; for the
famine was very severe, so that the land of Egypt and
the land of Canaan languished because of the famine.”
“16 T
March 25, 2013
Tips for Building Wealth 11
Find the right mate.
Having someone with whom to share your dream is irreplaceable,
my friend. This creates the environment for love and growth.
Amos 3:3 states “Can two walk together, unless they are agreed?”
You will never build your dream with someone who is unwilling
to support and agree wit
March 23, 2013
Tips for Building Wealth 10
Stack some chips.
Saving money allows us to experience the hundredfold return
of the Lord. Remember, my definition of the hundredfold return
is we will “suffer attack but never suffer lack.” Despite the reduction
of my income by 75% over the last three years, I still live in
my home, and my life
March 22, 2013
Tips for Building Wealth 9
Put in the hard work.
I always tell people that anything you did not work for is
probably not yours. Anything worth having comes at a price, and
nothing is free. Someone somewhere paid for it. The scriptures are
filled with nuggets to support this principle.
“ 6 Go to the ant, you sluggard! Consid
March 20, 2013
Tips for Building Wealth 8
Get you some real estate.
It’s called real estate for a reason – it’s real estate. Stocks, bonds
and mutual funds are great, but real estate is what’s most real – most
tangible. Owning my home has afforded me tax credits or breaks,
as well as discounts on life, car and health insurance. Mo
March 19, 2013
Tips for Building Wealth 7
Leave those credit cards alone.
Debt is giving to the past, while God is focused on the future.
“Brethren, I count not myself to have apprehended:
but this one thing I do, forgetting those things which
are behind, and reaching forth unto those things which
are before,” (Philippians 3:13) “The
March 17, 2013
Yosemite is breathtaking!
I had a chance to visit Yosemite this weekend and words cannot express the majesty and beauty of this national treasure. I stayed at the Sugar Pine Christian Camps in Oakhurst, California and the people of Sugar Pine Christian Camps are some of the most hospitable people to be around. I felt like I
March 17, 2013
Tips for Building Wealth 6
Stop giving money to lazy people such as relatives, friends and
associates who play on your sympathy.
“Give not that which is holy unto the dogs, neither
cast ye your pearls before swine, lest they trample them
under their feet, and turn again and rend you.”
(Matthew 7:6)
As a pastor, I have lea
March 14, 2013
Tips for Building Wealth 5
Put some money away for your children.
“A good man leaveth an inheritance to his children’s
children: and the wealth of the sinner is laid up
for the just.” (Proverbs 13:22)
I met a man in Air Force basic training. We had a lot in common;
we were both from New Orleans, serving in the same
rese