Tag Archives: dough

BBM Interviews Melissa Dougherty: This Energetic Christian, Wife, Mother and Avid Minister to Jehovah’s Witnesses Gives Her Perspective on Money Matters

I met Mrs. Melissa Dougherty through a Facebook group dedicated to ministering to #Jehovah’s Witnesses and #LDS members. I always appreciated her attitude of tenderness and love for those we brought the Gospel to. I look up to her knowledge of the #Bible and what Jehovah’s Witnesses believe/preach. Her boldness was always a motivator and both her humbleness and passion for teaching are to be admired. Because of these, and other, attributes I decided I had to interview her on the topic of Personal #Finance.

Let’s dive right in!

BBM: Is the Bible One of your Financial #Education sources? Why or Why Not?

Melissa: Yes, but not like I want it to be. Mainly because I’m not really the breadwinner of our home, so though I have some control over finances, ultimately it’s in my hubby’s hands.

BBM: Do you believe that Small Business contributes positively to the Economy?

Melissa: Yes I do. They’re the ones that are going to help the country not become so monopolized, and give to the people. Not the corporations.

BBM: How do you manage your finances? Examples: Financial Adviser, checkbook register, a combination of tools or something else)

Melissa: A lot of math! We don’t ever really know what we’ll make every month, so we budget out our money by keeping a planner of bills and what’s spent

BBM: At What age did you begin to form a “financial freedom” mindset?

Melissa: I felt very good about saving and spending money around age 18.

20141219_090337

BBM: Why do you believe financial wisdom is important?

Melissa: Financial management is the cause of much stress! Knowing how to manage our money wisely can contribute to a much more fulfilling life.

Thanks very much to this amazing, Christian teacher for her time and honesty. I hope to feature her again in the future.

Zero Christmas Presents Next Year

tmp_kid-happily-open-the-Christmas-gift-88999040

I’m guessing the title of this blog got your attention. How many of you can imagine a #Christmas without exchanging gifts? Does the idea bother you? Yes? Then you’re meant to read on.

Sadly, every year many people see the Christmas holiday approaching and their shoulders tighten. They remember last year’s task of figuring out what to buy everyone, long check out lines, the nervousness of hoping they chose the right gift, and so on and so on. Even before the biggest holiday of the year is actually here they’re already weighed down by unnecessary stress.
It’s really a shame.

I’ve heard on the news many times, “….burgular has stolen Christmas from another family”.

Stolen Christmas?

As a Christian, I have a problem with that phrase. Christmas is not something that can be stolen. It’s the celebration of Christ’s birth. Can you take that from anyone? Of course not. That’s the problem with the zombie-like, “must buy presents” mentality. We’re slaves to materialism!

How about we take the words of Christ to heart? Matthew 6:33 says, “Seek the Kingdom of God above all else, and live righteously, and he will give you everything you need”.

Two things are important here.

First, seek His Kingdom above all else. We need to ask ourselves, “Am I focused on His Kingdom above all else or are presents, people, candy canes, celebrations and lights in the first-place position in my heart?”

Be honest!

Second, notice the verse ends with “…and he will give you everything you need”. Christ didn’t say He’d supply a PS4, a new sports car or a Hawaiian vacation as a result of our dedication to seeking His Kingdom. God is telling us here that our needs are a higher priority to Him than our wants. Obviously, we should mirror His perspective- God first, needs second and then wants….maybe.

Picture a world where this was reality. Instead of long lines at retail stores we’d see those lines at the soup kitchens, waiting to help the needy. People would camp out in front of their Church waiting for Christmas service, not in front of Macey’s eager to get their hands on the latest name-brand purses. Families would not continue sinking deeper into credit card debt. They’d pay cash to buy a homeless family an entire wardrobe instead.

Man, I’d love to see this kind of economic prosperity in our country. Wouldn’t you?

I would love to see a world where Christmas isn’t a source of stress but tranquility, unselfish acts, and the celebration of Christ’s birth.

AD_93889_SANTAJESUS

The decision to go without buying presents at Christmas can affect your bottom line grately. Think of what you spent this Christmas season on gadgets, gifts, toys, clothes, wrapping paper, ribbons, fuel, time, etc. Now add that number your current bank account balance. Wouldn’t you rather that total be in your account right now in case something major rears its ugly head? Or you could put it towards paying off a credit card, paying on a loan or paying extra on the monthly rent at you apartment. That would be a Frugal Lifestyle decision that helps reduce stress and would eventually lead to financial Freedom.

A No-Presents Christmas also sets an example to the following generation. They’d understnad that God being born as a human baby is the resaon for Christmas. They’d learn to focus on the Ultimate Gift they’ve already been given, not the material gifts they’re expecting.

A no-presents Christmas is also a great way to weed out those “what did you bring me?” people. You know, the ones that are only interested in what they can squeeze out of you? We all have them in our lives. But, telling everyone that there will be zero Christmas presents next year will also expose the cream of the crop. Those who actually care about you will say things like, “Spending time with you is present enough”. Those are the ones you hang onto!

As 2013 comes to a close let’s start imagining a stress free, laid-back, relaxing, Christ-centered Christmas for 2014. After all, we’re celebrating HIS biryhday, right?

Prayerfully consider a “no-presents Christmas”.

#Biblical Money Smarts- Part Six: Setting Goals

Writing this 6-part Biblical Money Smarts series has been challenging, not because of a lack of content-it’s abundant- but deciding the order in which the topics should be placed. Goal Setting would seem to be the first thing we’d need to discuss but I decided to leave it for last so that I could emphasize exactly how important it is.

Young newlyweds especially, need to begin their unified journey with set, definite, agreed-upon goals. It’s important to discuss what you both want to save for; things like having babies, retirement, a new home and its maintainance, travel, vehicle repair, etc. The goals of both man & wife must be discussed and worked into the family budget from the very beginning.

These goals may include remaining debt free or getting out of debt, paying off family vehicles by a certain date, buying a vehicle without financing or building your dream home.

Once these goals have been clearly defined there MUST be a date attached to each one. A dream is something you “wish to have” at some arbitrary point in the future. A goal is something you “plan to achieve” by a certain date. Plan is the operative word here. Attending a birthday party or a graduation requires that you plan ahead. You set the day and time aside in you calender. You may set an alarm on your smart phone to remind you of the event a few weeks in advance. A “graduate debt-free” goal for your children, for example, obviously requires very in-depth planning. This is why such goals should be discussed asap! There is no time to waste!

Goals are the foundation of your financial success!! Everything else rests on them.

Consider the goal of Christ. He desired to reconcile us to Himself. His plan included a virgin birth, living a perfect life for 33 years, teaching others to live a Godly life and then taking the burden of the Father’s wrath on the cross. If God Himself had a goal and also a plan to acheive it, then it seems a good idea to follow His lead.

1 Corinthians 14:33 states God is “…not a God of disorder”. Looking at the world around us confirms this.  Trees pull water from the ground, up thier trunks, into thier leaves in an orderly way. Days pass by as we circle the globe without colliding with other planets. There is order to the universe because that is His nature.

We must be just as orderly in our financial planning if we are to achieve financial success and this orderly harmony must begin with goals in mind.

Goals serve as a jumping off point. The second you identify a goal, you have also pin-pointed two things: where you are and where you desire to be. As of that point your brain can start construct a road map of sorts. Think of where your job or favorite hang-out is located. Picture it in your mind. How do I get there from where you are right now? See what happened? Your brain immediately went to work constructing a path from your present location to that location.
This is precisely why setting a goal is important. You need to develope that road map towards financial success. If this isn’t accomplished you’ll remain stationary, inactive, unproductive and therefore unsuccessful.

Pray about what your five most important goals should be. Once God has made them clear, write them down, pray about them, asking God’s guidance. Ask Him when these goals should be accomplished.

With His guidence youll be able to Reduce your spending, create Assets and Stay Out of Debt while Educating yourself on finances and Ignoring the Hype created by materialistic advertizing.

Your goals, and God’s loving guidance, will serve as guard rails, keeping you on the straight and narrow path of Biblical Money Smarts!