How to Properly Manage, Spend and Invest Money (Part 4)

769: How to Properly Manage, Spend and Invest Money (Part 4)

In this episode, Jay continues his discussion with motivational speaker Chris Robinson by addressing the question: What is required to properly manage our money?

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Episode Title: How to Properly Manage, Spend and Invest Money (Part 4)

Guest: Chris Robinson

Question We Address and Answer:

What is required to properly manage our money?

Key Lessons and Takeaways:

Signs that someone is not properly managing their money.
Why it is important to save money.
The danger of making impulsive purchases.
Why we must avoid investing in things that we cannot afford.
Resources that can help us learn how to properly manage our money.
Strategies to combat overspending.

Experience:

Jay explains the value in having a financial plan.

Hold Yourself Accountable:

Properly managing your money is your sole responsibility.

Apply the Kingdom Principle:

“Be diligent to know the condition of your flocks, snd pay attention to your herds; For riches are not forever, nor does a crown endure to all generations.“ – Proverbs 27:23-24 (AMP)

Take Action Now:

Make a decision to start where you are by properly managing your money.
Carve out 1 to 3 hours a week to read financial management resources (blogs, articles, books, courses).
Create a financial plan.

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