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What do we do?

by Ashley

Hey Bob, My husband and I are in a very difficult situation. He brings $274.37, after taxes and things that come out, a week from one job. He also has a mowing job where he makes $7.55 an hour biweekly. He hasn't been getting many hours with that one since he started his Bible college online classes. The first thing we do is give tithes out of them. Another thing we get is $300 in food stamps. Which goes really fast. We struggle at the end of the month and get by with little. I stay home with two kids, well one of them started pre-k this year. We have a motorcycle payment that is $264 a month, which he doesn't ride because the owner where we bought it is letting us sit it at his shop to sell it. We have a $100 bank payment for a truck that is not drivable right now. Our phone bill is $88 now for the DSL internet he has to have. Our last electric bill was $143. Our insurance for our vehicles is $136. We have a gas bill that hasn't been but about $6 since it is not cold out yet. Our water bill runs between $50 and $60. This is about it not counting the household items and things like that we buy. My husband feels like that he works for nothing. We never have any money left. He needs pants and work boots but we are broke until Friday and we have to pay his bike payment late. I keep praying about me getting a job, but I have to wait on the Lord to open up a door. I want to do what God wants me to and so does my husband. Can you give a little advice while we wait on the Lord. We just feel like our hands are tied and we don't know what to do. We know the Lord will take care of all this and we try really hard not to worry, but there is a level of concern. Thanks for taking the time to read this.

Comments for
What do we do?

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Sep 17, 2009
What Do We Do?
by: Bob

Hi Ashley.

Thanks for sharing your situation. You need to be
commended for giving your tithing top priority,
regardless of a tough financial condition. This
demonstrates total faith and trust in God. He
knows of your financial difficulties and will help guide you to better times.

The first step you need to complete is a personal
financial assessment. Begin with what I call a
"Money Spending Plan". List all your income
sources as well as all monthly expenses. It's much easier to see where you stand financially if you have it on paper. From what you've indicated,
though, it appears that your main challenges are
more income related.

Have you and your husband talked about a career
change that would generate more income for the
family? Also, a second income would certainly help but then you need to consider childcare, clothing, transportation, and other job related expenses as a result of employment. The path you are on now, in my opinion, is not promising or healthy.

The information in my ebook, The Financial
Facelift, can help you take steps to build a solid financial foundation based on biblical principles. Those guidelines, along with prayer and faith in God, I believe you could see some positives changes in your lives.

In closing, one of my favorite bible verses comes
from Proverbs 16:9 and it reads, "In his heart a
man plans his course, but the Lord determines his
steps." Decide to be of service to God and
humanity in an area that really excites you and
then let Our Father take care of the rest.

With prayers for a brighter future,

Bob Smith, CFP


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