79 – 3 Savings Secrets of Solomon

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Are you worried about your savings and financial security? You’re not alone. The current economic climate can be a source of uncertainty and anxiety for many of us. But fear not! In this episode, I’m going to explore the saving secrets of Solomon, one of the wisest men in history. I’ll delve into three biblical principles that he employed to secure his own financial future and learn how we can apply them to our own lives. With credit card debt on the rise and emergency savings dwindling, these saving secrets couldn’t be more relevant or timely. So don’t miss this one as we uncover the timeless wisdom of Solomon and discover how to build a more financially stable future.

In this episode, John discusses: 

Why having a financial safety net is crucial in uncertain times

A closer look at the state of emergency savings in the US and saving secrets from Solomon to help combat it

How rising costs and unemployment impact personal finances, and ways to reduce reliance on credit cards

The benefits of practicing financial discipline and the power of saving for long-term financial success 

Key Takeaways:

Almost half of adults in the US have saved less money or have no savings at all compared to a year ago.

Growing debt is hurting savings and there is more credit card debt than emergency savings.

In the book of Proverbs, Solomon advises people to save money by being disciplined (Proverbs 13:11), being denied (Proverbs 21:20), and being determined (Proverbs 10:4-5).

Saving money may not be thrilling, but it is a valuable habit that provides long-term benefits and has a positive impact on various aspects of life.

“Saving money every week. It’s like working out every week. It’s not necessarily exciting. That’s why it’s called discipline and the results are slow to see, but when you do see them, when you see those dollars increasing week over week, month over month to get to the level where you need to be, you get this feeling of accomplishment.”
John Putnam

Resources Mentioned:

Get your free “Get Recession Ready” mini-course at https://changeforyourdollar.com/ 

Free Goal Achievement Supercharger Lessons & Worksheets 

Let’s continue the conversation! Connect to Smarter Stewardship at https://smarterstewardship.com/ and gain access to resources that will help you stay in the loop for resources that will actively help you shape your financial future.
If you’re interested in growing in your faith, wealth, and life, visit  https://changeforyourdollar.com/ for all the tools you need from coaching and speaking to my latest book, He Spends, She Spends!
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