Choose this day whom you will serve; as for me and my household we will serve the LORD.
Month: February 2022
MoneyWalk 141 Cosigning Is Not Helpful
This program will help you undo financial bondage.
Many of the people asking you to cosign will continue to be financially irresponsible and impatient in pursuing desires and in other financial dealings. Some may be well-meaning up front, but shortly thereafter will stop making agreed upon payments. Then, you will (a) be required to make the remaining payments for their purchases, (b) risk ruining your credit history when you cannot pay, and (c) be thrust into a bad financial situation. Unless you have the money to cover the purchase and want to give it to them, agreeing to cosign for another person’s borrowing will almost always cause you to be the one paying the bill at some point down the road.
Cosigning encourages family and friends to remain financially irresponsible and untrustworthy. Refusing to cosign doesn’t mean along the path of life you should not help people. Feed the hungry, clothe the naked, help find shelter for the homeless, and invest in worthwhile business endeavors for start-up entrepreneurs. However, there are many resources in your cupboards, closets, and community that can help with such endeavors. When someone cannot afford to purchase a material thing desired (unneeded product or service), then he should not have it at that time via debt on your record. Be an example of one who trusts God and works to earn income to meet needs and obtain desires without causing anyone to take on debt. If the Holy Spirit is inspiring you to help, then give available cash in an amount that will not cause you to be an infidel who cannot care for your own household. Otherwise, you are not in a position to help and you definitely don’t want to cast your pearls to swine. Never waste resources entrusted to you on people who willfully disregard biblical instruction on good stewardship. Regardless, of what you do for them they will continuously and irresponsibly spend and make poor financial decisions that continue their poverty mentality and position.
Watch, pray, and observe people to find out how you should help or instruct those who ask you to cosign. The devil constantly encourages you to mismanage money, so you are unable to give greatly to fulfill the Great Commission via (a) prudently providing for family, (b) maintaining and enhancing local church outreach and discipleship ministry, (c) and funding missions nationally and globally. Many people don’t realize they’re being used by the devil to thwart the gospel. Don’t condemn them, just don’t give in to the enemy’s plan for money God entrusts to you. Immediately discontinue cosigning and pray that those who ask you to cosign will allow the Holy Spirit to guide them in using biblical money management principles, so they can meet their God-given responsibilities.
Proverbs 11:15, 17:18, 20:16, Romans 13:8, Ephesians 5:15-16, 2 Thessalonians 3:12-15
Please pray for this ministry and email questions to parlor@ameritech.net and share the links below with others who need guidance. May the LORD bless you richly as you follow His plan!
Share http://kminfo.org/ministries/financial-freedom weekly with family and friends so these bondage-breaking articles and other financial information can help them gain helpful insight!
The book at the link below provides principles and practical steps that help you use the Power To Get Wealth. By 1992, we had $135,000 of debt and a negative $35,000 net worth. Financial bondage and turmoil led me to seek principles and a process for employing good stewardship. As a result, we became constructively debt-free in 1998, mortgage free January 2004, millionaires in 2012, multi-millionaires shortly thereafter, and retired in 2018 in my mid-fifties from public servant jobs while giving abundantly to fund the gospel of our LORD Jesus Christ. The same power is available to you!
You can find books authored by Randy and Karen Parlor at www.Amazon.com.
You can also connect with Randy Parlor on Facebook, Twitter, Linkedin, Instagram, Google Blogger, WordPress, Jesus Social Network, Social Cross, Pinterest, and Tumbler.
Daily Word
The wages of sin is death, but the free gift of God is eternal life in Christ Jesus our Lord.
Daily Word
Prudent people control anger, resulting in peaceful lives, whereas fools let hot tempers bring destruction into their and other people’s lives.
MoneyWalk 140 Don’t Borrow To Purchase Desires
Deuteronomy 28:12, Psalms 37:21, Proverbs 22:6-7, 27:23-24, Romans 13:8
Please pray for this ministry and email questions to parlor@ameritech.net and share the links below with others who need guidance. May the LORD bless you richly as you follow His plan!
Share http://kminfo.org/ministries/financial-freedom weekly with family and friends so these bondage-breaking articles and other financial information can help them gain helpful insight!
The book at the link below provides principles and practical steps that help you use the Power To Get Wealth. By 1992, we had $135,000 of debt and a negative $35,000 net worth. Financial bondage and turmoil led me to seek principles and a process for employing good stewardship. As a result, we became constructively debt-free in 1998, mortgage free January 2004, millionaires in 2012, multi-millionaires shortly thereafter, and retired in 2018 in my mid-fifties from public servant jobs while giving abundantly to fund the gospel of our LORD Jesus Christ. The same power is available to you!
You can find other books authored by Randy and Karen Parlor at Amazon.com
You can also connect with Randy Parlor on Facebook, Twitter, Linkedin, Instagram, Google Blogger, WordPress, Pinterest, and Tumbler
Daily Word
You cannot live godly when you have a worldly, soulish appetite because it misleads & harms you; you can only live right, productive, and truly prosperous when you’re obedient to the Lord and every word He utters.
Daily Word
Seek first the LORD’s kingdom & righteousness and all the other things needed to fulfill your purpose and calling will be added unto you.
Daily Word
A wise person controls his/her temper because he/she knows ungodly anger distorts one’s vision and brings trouble & regrets.
Daily Word
Any fool can start arguments, douse them with fire, and hold long-term grudges; the honorable and wise lifestyle is to stay out of them and make peace where possible, otherwise you’ll eventually be burned.
MoneyWalk 140 Don’t Borrow To Purchase Desires
This program will help you undo financial bondage.
Over fifty percent of people who get student loans don’t finish college. During recessionary periods, many people find themselves underwater or at the mercy of foreclosure because they cannot pay mortgages they could not afford on current income. Others are devasted because they’ve taken loans, often with above average interest rates, and then get laid off or fired and experience unnerving periods of unemployment. Some use borrowed funds to purchase investments that lose money because they were not well conceived or supported by factual historical data showing long-term annual gains. Indebtedness is especially devastating when you experience loss of income including from failed business endeavors.
Creditors won’t tell you about the grief that accompanies debt. When you don’t have a mindset to eliminate debt and stay out of it in the future, it eventually renders you unable to make loan payments and pay them off and pursue investments you really need to create a wealth legacy for your family and generous gifts to be used to serve others leading them to salvation, eternal life, and a future of obedience to the LORD’s will including teaching them how to fish so they can provide for themselves economically as they move throughout life. Loans may not seem bad when you apply for them, but they become harmful to you and your family over time because most of the funds are not spent on things that greatly appreciate in value or that give you drastically increased earning power throughout your life.
You should not be fearful of what life may bring, because the LORD is there to uphold you when seeking to live in a way that pleases Him. So, make sure your activities and actions are aligned with good stewardship principles. Then, you can properly love God and people by regarding His word foremost and listening to His guidance for your lifestyle, pursuit of work, income and assets, and the use of all resources entrusted to you. Trust the Lord and thus be wise about the proportion of income that goes to giving, saving and spending and be careful to stay out of debt.
Employer loyalty to employees and vice-versa seems to be a thing of the past for many people. A result of this shift in caring for one another is massive layoffs because it is considered the foremost remedy for every situation when a business is not as profitable as Wall Street powerbrokers want it to be. Also, many financial institutions expect it in order to get more insidious loans to supposedly correct profitability problems. Another result of the shifting loyalty is employees moving from employer to employer in less than five-year intervals (even when they could stay on a long-term basis) because they believe it’s necessary to achieve the good life (get all the pay and material things they’ve ever wanted). Individuals and businesses should stay out of debt and eliminate the debt they have to avoid financial bondage and increase loyalty to one another, so businesses are not derailed, thus hurting many who really didn’t need to suffer and so individuals are able to avoid repossession, foreclosure, bankruptcy and the accompanying headaches and heartaches.
Severe financial distress is often the result of poor money management long before layoffs and pay cuts occurred. This is true with few exceptions, though many people don’t want to acknowledge it. We simply don’t give, save & invest, and then spend like we really believe economic downturns could occur at some point down the road. We don’t plan for rainy days. Instead, we continually say every desire we have is a need and borrow more and more money to make fulfilling them a regular part of our lifestyle. Instead of using godly stewardship principles to manage income, we spend our time focusing on what we believe our employer should be doing or what it is not doing. You cannot force an employer to operate the way you think it should. Instead, choose to change your work and money management habits to achieve a better financial condition. This Holy Spirit led endeavor, including a plan to eliminate debt and stop using it in the future, will release you from bondage brought on by loans you irresponsibly accepted from lenders.
Deuteronomy 28:12, Psalms 37:21, Proverbs 22:6-7, 27:23-24, Romans 13:8
Please pray for this ministry and email questions to parlor@ameritech.net and share the links below with others who need guidance. May the LORD bless you richly as you follow His plan!
Share http://kminfo.org/ministries/financial-freedom weekly with family and friends so these bondage-breaking articles and other financial information can help them gain helpful insight!
The book at the link below provides principles and practical steps that help you use the Power To Get Wealth. By 1992, we had $135,000 of debt and a negative $35,000 net worth. Financial bondage and turmoil led me to seek principles and a process for employing good stewardship. As a result, we became constructively debt-free in 1998, mortgage free January 2004, millionaires in 2012, multi-millionaires shortly thereafter, and retired in 2018 in my mid-fifties from public servant jobs while giving abundantly to fund the gospel of our LORD Jesus Christ. The same power is available to you!
You can find books authored by Randy and Karen Parlor at www.Amazon.com.
You can also connect with Randy Parlor on Facebook, Twitter, Linkedin, Instagram, Google Blogger, WordPress, Jesus Social Network, Social Cross, Pinterest, and Tumbler.
MoneyWalk 