If you are a Christian, you have undoubtedly pondered whether or not it is a sin to be wealthy at some point in your life, regardless of the amount of money you own. This question often pops up when we find ourselves in certain situations where our wealth is being criticized by other people in our faith. Because of the society in which we live, it is quite simple to experience feelings of guilt while expressing a desire for more. The answer to this question if you are wondering is a resounding no. The pursuit of wealth in and of itself does not constitute a sin. However, the question is what we will make of the wealth God bestows upon us. The idea that wealth is synonymous with sin is at odds with many of the biblical figures we hold in high esteem. For instance, Abraham, the patriarch of both...

Can I survive in the present state of this economy? How do I guarantee my success in times of uncertainty? Many Christians find themselves asking these questions. That’s because most of them, while in debt, seek prosperity. The economy might be plagued with a recession, and I know how difficult it could get. There are risks of unemployment and a devaluation of exchange rates. All these things ultimately affect the economy, causing instability in people's lives. In the face of these circumstances, Christians assure and reassure themselves of a breakthrough. They believe by patiently waiting, their success would come to them. Although their hopes are valid, even God made wisdom available to man so that he could live life the right way. Don't blame the economy for your losses. Instead, focus on the ways to prosper, regardless of opposing circumstances. Before going into prosperity details, there is a common misconception...

What Is A Recession? A recession is a significant decline in economic activity lasting more than a few months. It is generally considered to occur when gross domestic product (GDP), employment, and investment all fall simultaneously. Key Indicators Of Recession When these key indicators decline, it usually signals that households are spending less money and businesses are investing less. The reduced demand for goods and services leads to layoffs and a decrease in production. A recession usually starts with a drop in housing prices, which then leads to defaults and foreclosures. As more people lose their homes, they have less money to spend, which further reduces demand and deepens the recession. The Impact Of Recession While recessions are typically short-lived, they can cause long-term damage to an economy. For example, businesses may close permanently, leading to job losses that may take years to recover from. Families may also find it...

What Is Inflation? Inflation is often misunderstood. Many people think of inflation as a rise in prices, but it is actually the rate at which the prices of goods and services increase. In other words, inflation is a measure of how much money you need to spend to purchase a certain amount of goods or services. Causes Of Inflation The most common cause of inflation is an increase in the money supply. When there is more money chasing the same number of goods and services, prices go up. Sometimes, government spending can also lead to inflation. When the government buys more goods and services than it sells, it creates an increase in demand that can drive up prices. Lastly, inflation can also be caused by global factors beyond a country's control, such as an increase in the price of oil. No matter what its cause, inflation can have a major...

1. Take Care of the Four Walls First When you’re trying to crawl out of debt and avoid bankruptcy at all costs, the first thing to do is make sure you’re taking care of what we call the Four Walls: food, utilities, shelter and transportation. If you’re at rock bottom, don’t pay anyone else until these basics are covered. Keep the family fed, the lights on, the rent or mortgage paid, and the gas tank full enough to get you to work. 2. Sell Everything in Sight You have money hanging around in the form of DVDs, TVs, boats, clothes, books, furniture, tools, office supplies, craft supplies, toys and more. Get rid of everything you don’t need. That sounds drastic, but so is filing for bankruptcy. Take the money you make and put it toward getting bills up to date. Those late fees only make things worse. 3. Live on...