Three Principles for managing money:
- Understand how much is coming in and how much is going out – and where it’s going! “You got to be a knowin where your money is a goin.” – Andy Stanley.
- Develop a Discipline Plan – also known as a budget or a spending plan. Have the hard conversations, do the math, figure it out. Be accountable to someone. Ask for help if you need it.
- Decide – Decide you don’t want anyone else to be the master of your money but Jesus. Ask for His help and guidance. Get out of debt. Use the Dave Ramsey method of paying off the small debt first and then applying that payment to the next big debt. “I want is better than I owe” – Andy Stanley