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Daily Verse: “Whoever loves pleasure will be a poor man; he who loves wine and oil will not be rich.” Prov. 21:17
Living to please your desires leads to poverty. God wants us to live joy-filled lives with Him. But excessive or uncontrolled pleasure-seeking that ignores or neglects other responsibilities leads to living beyond their means and poverty.
One of the things I’ve witnessed with famous people who have excess money, like sports stars, they experience bankruptcy. How does someone making millions a year go bankrupt? Because they spend frivolously and live far beyond their means, eventually, the money runs out.
According to The Hill, Americans carry over 1 trillion dollars in credit card debt, with 24% the average interest rate on new accounts. The typical U.S. household has over $10,000 in debt. Paying $250 a month at 24% interest means it will take until 2030 to pay it off, spending $20,318, twice the amount owed.
Living a joyful life in Christ means living within our means, not spending more than we make, and following Biblical financial principles to find peace.
Lord, forgive us for living beyond our means. Teach us financial wisdom as we apply Your principles to our finances. Let us live joyful lives centered around You. IJNIP. Amen