Create An Emergency Fund

Do you know what's going to happen tomorrow? I sure don't. The day could be filled with wonderful experiences, or the Lord may decide to allow trials and tribulations into our lives. Since God is the only one who knows what the future holds, it's upon us to prepare for any circumstance.

Go to the ant, thou sluggard; consider her ways, and be wise: Which having no guide, overseer, or ruler, Provideth her meat in the summer, and gathereth her food in the harvest. Proverbs 6:6-8

If you or a member of your family had an accident tomorrow, would you have enough money set aside to cover medical expenses, groceries and utilities for a short period of time? What if ---

Look at the ant tucking away food for the winter and you'll see exactly what we're called to do with the money God has provided for us. She gathers while it's plentiful so that it will be available in the time of need. She's looking ahead instead of fulfilling the lusts of the moment.

If we did that with our money, we would be able to buy what we need with cash, avoid using credit and make better choices in emergency situations. Imagine having that kind of spending freedom. Does it seem out of reach?

We often don't put any money into savings because we think the little bit we have to spare won't add up. If you received a paycheck every two weeks and put just $5 into saving from each of those pay periods, you would have $130 at the end of the year. You probably wouldn't miss it from your monthly budget, and you would have a cushion if finances got tight.

An emergency situation is frustrating enough without worrying about having money to cover your immediate needs. God will always provide what we need for the circumstances, but He also gives us the means to look to the future. Wouldn't you rather be a good steward of God's money by planning ahead than force your family to go into debt in an already trying time?

Sit down with your husband and pray about how much you can afford to put into a savings plan each paycheck. Once you have a plan, stick with it! That amount, whatever size it might be, can make a huge impact on your financial future.

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