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4 QUICK THOUGHTS

THAT CAN CHANGE HOW WE SPEND MONEY

EDEN IS A NEW START-UP CHURCH IN THE SILICON VALLEY.

LEARN MORE AT WWW.EDEN.CHURCH

THIS ISN’T A GET-RICH-QUICK ARTICLE.

These principles describe a lifestyle that will acquire wealth through wisdom and discipline over a sustained period of time.

1  |  LIVE BENEATH YOUR MEANS

It’s so simple, it’s annoying, but the wisest thing I’ve ever heard about wealth had nothing to do with making money and everything to do with managing money. The wise entrepreneur said, “If you live beneath your means, you’ll always have more money than you need.” Why is this true? It is more difficult to change our income than our spending. Increasing one’s income can take an undetermined amount of time, but decreasing spending can be immediate, producing a tangible change in the management of wealth already acquired.

2  |  SAVE FOR A RAINY DAY

Maybe the most difficult thing about growing your savings account is just doing it. The cost of living here in the Silicon Valley is outrageous, but even so, it’s possible to begin a simple savings plan. No elaborate planning is necessary, you just have to start somewhere & execute. It is best to start small, with a $5 to $100 contribution to savings each paycheck. It doesn’t seem like much, but over time your savings will build gradually. Then, when the unexpected happens, you won’t be in a bind wondering how you’re going to pay your ridiculous Silicon Valley rent.

3  |  PAY OFF DEBT

Debt is a cruel, manipulating master. Living in debt can be temporarily peaceful & alluring when we accumulate things we want before we can fully afford them. The problem is that the habits that lead us into debt will produce a lifetime of financial chaos. The best way to deal with consumer debt is to extinguish it. Have zero tolerance for debt. Reducing and eliminating personal debt can be a daunting task, but you can gain momentum by eliminating the smallest debt first.

4  |  GIVE GENEROUSLY

Have you ever observed a generous person’s ability to give freely and yet live in contentment? In contrast, a greedy person can’t give and yet never has enough in their own eyes. The paradoxical reality is that it really is better to give than to receive, and a life of generosity produces a thankful heart. Becoming a giver is the greatest way to protect against the hoarding mindset that will never be happy, and to experience the joy that comes from meeting the needs of others.

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What about you? How has your experience been with finances? We’d love to hear from you! Share your thoughts with Eden via your favorite social media: Eden on Facebook, Instagram & Twitter.

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Authored by Daniel Atondo, Lead Pastor of Eden Church

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EDEN is a start-up church in Silicon Valley. Whether you're exploring faith, new to church, or it's been awhile, you are welcome at EDEN. Learn more & plan your visit here.