Children

Making Better Financial Decisions

By Sylvester Obinna

Posted on September 3, 2021

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Reading Time: < 1 minute

You have to learn to make better financial decisions as a child. Let me share a little of my childhood story with you.

From time to time, especially during the Yuletide, whatever financial gift I got went back to my parents. I remember my parents taking any financial gift I received from me with the promise of keeping it for me. Well, I never got my money back. I always forgot to ask. How do you even ask about such money?

Making good financial decisions highly impacts how you view and spend money.

The following questions will help you make better decisions financially.

Do you always spend all the money you receive?
Did you read books on financial education?
What do you know about money?
Do you buy everything you want because the money is available?
Did you buy everything you wanted as the desire came to you?
How much did you spend on things?
Do you see yourself as greedy?

For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
1 Timothy 6:10.

Hope these questions helped you assess the financial decisions you have been making. These are also questions to guide you on reviewing your financial goals this month.

The reviews are meant to point you towards the dangers of reckless sending and not to judge you.

May the Lord grant you the right perspective about money. Amen.

Prayer:
Lord, grant me the favour to spend and save wisely. Help me to make better financial decisions in the name of Jesus Christ. Amen.

Action point:
Reflect on these questions and truthfully start to make changes. God bless you.

Declaration:
I make better financial decisions in this new month.

Read yesterday’s article here

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