Here’s an interesting book that I’ve read recently:
The Millionaire Next Door
From Library Journal
In The Millionaire Next Door, Stanley (Marketing to the Affluent) and Danko (marketing, SUNY at Albany) summarize findings from their research into the key characteristics that explain how the elite club of millionaires have become “wealthy.” Focusing on those with a net worth of at least $1 million, their surprising results reveal fundamental qualities of this group that are diametrically opposed to today’s earn-and-consume culture, including living below their means, allocating funds efficiently in ways that build wealth, ignoring conspicuous consumption, being proficient in targeting marketing opportunities, and choosing the “right” occupation. It’s evident that anyone can accumulate wealth, if they are disciplined enough, determined to persevere, and have the merest of luck. Highly recommended. Dale Farris, Groves, TX
Copyright 2001 Reed Business Information, Inc.
It’s a very interesting study into the millionaires of America. They’re not what you may think or see on the “Fabulous Life of the Rich and Famous”. I’ll have my own full review in a little while. In the meantime you can purchase this excellent book:
The Millionaire Next Door
Here’s today’s verse of the day:
6Now godliness with contentment is great gain. 7For we brought nothing into this world, and it is certain we can carry nothing out. 8And having food and clothing, with these we shall be content. 9But those who desire to be rich fall into temptation and a snare, and into many foolish and harmful lusts which drown men in destruction and perdition. 10For the love of money is a root of all kinds of evil, for which some have strayed from the faith in their greediness, and pierced themselves through with many sorrows.
1 Timothy 6:6-10 (NKJV)
Many of you may have heard the saying, “Money is the root of all evil”. Some of you may have known that it came from the Bible, and some of you may have not. But what it actually says is, “the love of money is a root of all kinds of evil.” The Bible doesn’t say that money is bad in of itself. On the contrary, money is necessary for life here in this world. Our world is based on a financial system.
It’s only when you begin to love money and put the pursuit of money before God that it becomes evil and sinful. Anything that gets in the way of you and God and hinders your relationship with Him, should be purged out. We go back to priorities and focus. Is your focus on God or is it on your job, friends, or even “church”. Remember, Christianity is all about a relationship with Jesus, not necessarily “church” or religion.
So always keep in mind that having money and lots of it is fine…just don’t let it get in the way of your relationship with God. Here’s an interesting little poem about money that’s so true (it’s one of those things that your co-workers e-mail you all the time):
Money can buy a house but not a home.
Money can buy food but not an appetite.
Money can buy a bed but not rest.
Money can buy a book but not knowledge.
Money can buy a clock but not time.
Money can buy medicine but not health.
Money can buy position but not respect.
Money can buy blood but not life.
Money can buy sex but not love.
Money can buy insurance but not safety.
Money can’t buy everything.
Hopefully that gives you a perspective on the role of money in your life.
This may be old news to some of you, but Paypal is offering a $15 rebate off a $30 purchase at any participating online store that accepts Paypal including eBay! It’s from now through March 31, 2007!
1. Register your primary Paypal e-mail address here
2. Make a single purchase of $30 or more with Paypal funds at a qualified store.
3. Purchase must be made from now through March 31, 2007.
4. Your $15 rebate will be deposited into your Paypal account by May 28, 2007!
This is only valid for the U.S. and Canada. And remember, only buy things that you would have already purchased even without the coupon or rebate. It makes no sense to buy something just because of a coupon that you wouldn’t have normally bought. Practice some common sense and don’t waste your money! God Bless!
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Here’s today’s Verse of the Day:
33But seek ye first the kingdom of God, and his righteousness; and all these things shall be added unto you.
Matthew 6:33 (KJV)
This verse is talking about priorities. You should not worry about where your next meal is coming from or how you’re going to buy some clothes for your kids. As long as you have your priorities straight, God will provide for you. Seek God first, and all of those things will be added to you! Don’t worry about anything. God is your provider!
Be blessed as you go to church today and if you don’t, maybe you should think about going to church!
Thanks for visiting my brand-spankin’ new blog all about Christian Personal Finance! This is my very first post! Hope you stick around as we dive into many different personal finance topics from a Christian perspective. I already have some ideas for this blog so stay tuned! I will let you in on one secret though; there will be a verse of the day related to finance! I believe the Bible is the greatest finance book there is and if you live by its principles, you will become not only financially rich, but spiritually rich as well!