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The reality of money sinks in when we begin earning and spending our own money. We tend to appreciate what we earn more than the things that are handed to us. The introduction of credit was the beginning of the lie. Using credit helps us to feel a sense of entitlement, where using cash causes us to feel every bit of the transaction.

The Credit Fantasy

Many people live like their credit card is an extension of their paycheck. It doesn’t help that the illusion is carried over to the debit card which also has the name of a credit card. Plastic is less painful than cash because we hand it to the cashier and they hand it back. We feel no loss.

Cash Forces Us To Live In Reality

When we pay with cash, we hand money to the cashier, and they keep it. They don’t give us anything back. We feel the loss, and it hurts. The cash transaction causes us to be more particular with how we choose to spend, and it only extends as far as our monthly earning capacity. When the cash in our hand is gone, we can’t make any more purchases. Credit is the lie; cash is the truth.

You Are The Chief Financial Officer For Your Life

It is valuable to do an accounting practice on your life. Don’t let Mastercard be the master of your life. Create a budget by identifying the expenses and creditors that are paid each month. Subtract your outflow from your income and make adjustments as needed. God does not want you to be broke.

Be Encouraged

Lord, many people reading this today often have more month than money. I decree and declare that they are receiving and reprogramming based on the new knowledge and inputs you are providing for them. Lord, we honor you with our resources and decisions, in your blessed name, Amen.

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David Crank

Author David Crank

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