Not having the money to pay for unplanned household repairs can be a real drain on you when you're trying to minister to others. One way to keep that from happening is to regularly put money away. Here are a couple tips:
Go around the house and determine the age of all your major appliances (or whatever you think could be a real drain if you had to repair it.)- Given #1, decide how much you need to have in your emergency fund.
- Set short-term and long-term goals, making sure the goals are attainable, considering your income and expenses. Be specific. Write down the exact amount of money you want to have put aside and the exact date by which you will reach these goals.
- If necessary, open a new savings account and start putting the money in it. If you keep the emergency fund part of your checking account, you're more likely to spend it.
- Celebrate when you reach your short-term and long-term goals!
Our minds are on serving the needs of other people. When we are preoccupied with financial challenges at home, it lessens our ability to Serve Strong!
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