The Best Places To Begin Investing Your Money
You never actually OWN money… You manage money. Money is a powerful tool to be used wisely and the first two places to invest in with God and Self.
The first thing to invest in is of course God’s Kingdom! The rule of thumb is 10%, but you and God can settle on the amount or percentage in y’all’s private connection. If you are making 10 billion a year, then you might be able to HONOR God and His Kingdom with more than 10% of your income.
The second place to invest, is in yourself! YES, YOURSELF! Invest 3% of your income on your own personal growth. If you earn $3000 per month, you’d invest just $90 per month on your own personal growth. You could buy self-help books; those are typically $8-16 each. $90 could go toward the cost of a seminar or conference. Most one-day personal development seminars I’m familiar with are around $200. Learn and grow yourself continually to ultimately be able to help others.
The rate of return from investing in your own knowledge and skills will be much higher than anything you’ll see from stocks, real estate, or other investments.
Invest in your health at your local fitness place. Invest in learning to play an instrument. Invest in yourself by learning a new language. Invest in learning more about investing…
I truthfully believe this is two ways we honor God in our lives. First we give unto Him our first fruits (first portion of our earnings), secondly we honor Him by growing His investment in ourselves.
Also remember to keep within your monthly budget on everything else.
This is how we first invest our money, the best ways to start to make the world a better place to LIVE, WORK, and PLAY!!!