I decided to write this blog post about spending because of a recent situation in our home. We were told that my hubby's car is in need of some really expensive repairs. When we bought this car we found it online by a private buyer who was selling it at a great price. Well, when we were told that the repairs were going to cost about the same as what we paid for the car we decided that it is not an option to fix it. We would not get that money back out of the car and the car is not worth what we would put into it. It still runs for now, so we continue to use it. So, what is our plan of action? Prayer. We began to pray for God's guidance in this situation.
Let me back up a little bit. A few years ago we took a finance class that I recommend to anyone. It is called Financial Peace University. This class teaches about what the Bible says about money and gives steps to get out of debt and stay out. We have been working on these steps for some time now. We are very close to being out of debt aside from our mortgage. Right now we have no car payment and want to keep it that way.
It would be easy to go out and get financing for a different vehicle. The interest rates are great right now so the payment would be low and there are so many options for great family vehicles out there. But, that is not how we want to do it.
We have some money in our savings, but not enough to buy something decent. So, I go back to us praying. By the way, this was not our last resort. This was the first thing we did. As we prayed, we came to the conclusion that a loan was not the way to go.
God says in the Bible that he will provide for all of our needs and knows what we need before we even do.
We are going to trust in his provision, because we know he already has a car
picked out for us. In his timing he will provide the funds as well. How do I know? Because he created the heavens and the Earth, so he can whip up a car in no time. He also owns everything, a car is something he can afford. ;)
I am writing this also, so those who read it will be able to know and see how God does provide for his people. It is not easy to wait. I want to jump in the car and go get that financing and the car I want, but then where is his hand in that? I want this to be on him. He wants to give us the desires of our hearts.
"Take delight in the ,
Commit your way to the ;
He loves us and loves to give us things. Plus, I want what he wants for us. He knows much better what car will be best and work best for our families needs. We may make the wrong decision if we just run out and buy what we want. I will keep you updated on the situation so you can see how He provides.
Money problems are one of the top issues in families and our nation today.
According to a study done in 2015 by nerdwallet.com, the average household has $130,922 in debt with credit cards being $15,762 of it. There is a way out and it isn't too late to start.
If you want to learn more about FPU, simply go to www.daveramsey.com/fpu. It hasn't been an easy road but it sure has been fulfilling!