Just Before You Pay!


Key Text: Proverbs 25:5 GNT

Plan carefully and you will have plenty; if you act too quickly, you will never have enough.

Have you ever gone to the market without planning to buy something, but when you saw it, you loved it and you just bought it? The purchase was plainly emotional buying and it made you feel good; many of us are guilty of that. In fact many people visit the store sporadically and now use shopping as a therapy for feeling good. Anyone who has formed the habit of spending before thinking is headed for financial disaster.

One of the major reason businesses and individuals are stuck is because they do not have a clear cut budget. A budget is principally assigning responsibility for every dollar that comes into your hands. It’s telling your money where it should go. Solomon who was the wealthiest in his time gave this insight in the text above “…if you act too quickly, you will never have enough.” It’s very important to plan carefully!

It is poverty mindset that drives people who do not have enough to buy what they do not really need.

As the saying goes, you end up spending money you don’t have on things you don’t need to impress people you don’t even like.

Consider this warning from Warren Buffet. He said, “If you buy things you do not need, soon you will have to sell things you need”.

If your business must succeed, you have to give careful consideration to your personal impulses. A leader’s personal spending habit is often the main determinant of the financial direction of his or her organization. If the leader is a prudent planner, most likely the organization will swerve in that direction, otherwise it will soon struggle to survive.

You may not need that big office now. You may not need that new car immediately, that flashy dress looking at you and calling you to buy when you have other pressing needs is only inviting you on a journey of financial frustration.  Be careful not to driven “BY SIGHT” but “BY FAITH”.

Commit to personal and business planning & budgeting and stick to it. When you see something that you did not plan for and feel like buying it, go home and think about it for 2 days, by then your emotions would have settled down and you would know whether or not to make that purchase.

Planning & budgeting is what would help you avoid the rude shock of an empty bank account.

Prayer: Sweet Holy Spirit, help me to have self-discipline. Take absolute control of my life and desires.

You will succeed!

Gbenga Solademi

Twitter: @gbengasolademi

Facebook: www.facebook.com/gbenga.solademi

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