Behavioral Finance
The Principle of Contentment

Behavioral finance shows us that our attitude towards what we have and don't have is what makes the difference.

All Christian business opportunities are just that... opportunities. Your attitude is often the major factor between success or failure in any Christian based business.

Applying all five principles for financial freedom leads you to the last principle: The Principle of Contentment.

The Bible tells us that the key to contentment and financial happiness is not having what you want, but wanting what you have.

Our Attitude Makes the Difference

From a position of peace you can move forward into the purposes of God and fulfill you callings, your dreams, your hopes... move from insecurity to a place of confidence.

Attitude affects Altitude is a known behavioral finance principle. What we think affects what we do.

Strength to change your future position is from contentment with your present position. You can avoid the trap of trying to be someone or something you are not. You can be yourself.

Discontent Plus Easy Credit Equals Financial Ruin

Paul is not talking to those who are rich... but those who long to be rich. This points to a sense of emptiness you try to fill with material things.

The secret Paul learned was to be filled with the Spirit of Christ. To be who God called Him to be. To be wise in what is good.

Avoid the Credit Trap

1. Ellen is thirty years old. She has a $3500 balance on her credit card at 18% interest. She makes the minimum payment each month. How old will she be when she pays her credit card off?

2. Tom and Susan need a new washing machine. They go to Sears and find one on sale for $299... if they use a Sears card to purchase it. They get a Sears charge card and make the minimum payment each month. How much do Tom and Susan actually pay for that washing machine by the time it’s paid off?

(Answers: 1. 70 years old; 2. $1200)

Act Your Wage

It is better to fall behind on your lifestyle than to try and catch up with your income. Instead of asking, "What do I really want?", try substituting, "What do I really need?" as you consider a purchase.

Realize that if you are not happy with what you have now, you won't be happy with more. Behavioral finance findings are used by advertisers to convince you of the opposite.

You cannot go looking for contentment. That is the mistake most often made by those who are wanting that one last thing and then they will be happy. Contentment cannot be found. It has to be realized.

Do What God Blesses

Whatever area in life you want God to bless you in, put Him first in it.

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