Daily Devotion

SAVING AND COMPOUNDING

We live life at a frantic pace. Targets, deadlines, plans and strategies must all be met. The speed of growth and development all tend to overwhelmingly demand so much from us all the time. We therefore find ourselves pulling out all the stops to get the job done. We give ourselves, energies, wisdom, time and money to get the job done and sometimes forget to save. Saving is a good money habit. I am talking about refusing to consume everything you have in one big gulp. We should master the art of putting money onto the side for later. You don’t have to spend it as quick as you get it. Learn how to postpone your gratifications so you can have better control of your finances. Saving means you put your hard earned cash to the side for that specific project you have in mind. You can save for your wedding, house, car, education, and children or just for a rainy day. Put your money aside till you accumulate what you need.
Money saved accumulates and gets compounded with time. That little weekly saving will surprise you after four years. Just because you haven’t got that million in one big lump sum doesn’t mean you should give up. You can put that million together one saving step at time. We all know that targeted figure that would change our lives. But we almost always forget that if you don’t get it at once you can accumulate the same by saving along the way. Decide to start saving good money today. Besides its still your money. You simply refuse to spend it all at once and put some aside for tomorrow. Nothing is as sweet as saving enough money to get the project done without having to hustle and fight or scuffle. Practice the good money habit of saving and your future self will thank you indeed.

SCRIPTURE READING: PROVERBS 21:20
Wise people live in wealth and luxury, but stupid people spend their money as fast as they get it.

DEDICATION PRAYER
Dear God, thank you for strength and wisdom to do your will. Open my eyes to see how I can save some money on a regular basis. Grant me satisfaction outside massive expenditure, so I can still be happy without spending so much. May I grow in saving and compounding money in Jesus’ name. Amen

Leave a Reply

Your email address will not be published. Required fields are marked *