I was thinking briefly about retirement today and about getting to do the things that I want to do. I was thinking about how nice it is when I am able to take time for myself and just unplug, but then I got to thinking about how many people will never really be able to experience being able to do what they want to do when they get older and it made me feel very grateful for the situation that God has placed us in. Now obviously we do not ultimately have any control on what happens in our life or with our money, but we can be wise with it and be faithful stewards of what we have been given and part of being a faithful steward is about saving money.
Proverbs 21:5 says, “The plans of the diligent lead to profit as surely as haste leads to poverty.” Another great piece of advice comes from Proverbs 13:16 and it says, “A wise man thinks ahead; a fool doesn’t, and even brags about it!” Chris Hogan in his book “Retired Inspired” talks about retirement as being a number and not an age and he speaks specifically about the things we will get to do versus the things we will have to do. What I was thinking about are the get to things, but unfortunately many people will never experience the get to do things because they are too stuck doing the things that they have to do because they did not create a plan and put it into action while they were younger.
As Proverbs 21:5 says, the plans of the diligent lead to profit, so what are your plans for retirement? Are you even thinking about retirement yet? If you are making an income you are old enough to start thinking about retirement, because if you learn how to handle your money from the moment you start earning it you can do the things that you want to when you get older rather than the things that you have to do for lack of options.
Remember back to what Proverbs 13:16 said, “A wise man thinks ahead; a fool doesn’t, and even brags about it.” How many people can you think of right now who have a brand new car, boat, camper, four wheeler, gun, television, etc., and brag about the deal that they got on it? Chances are you can think of quite a few people that fit this category, but what is even more likely is that none of them are actually paid for. Remember that 70% of Americans are living paycheck to paycheck, so if that is true then how much of this stuff that gets bragged about so much is actually a blessing?
When we choose to spend money that we do not have on stuff that we do not actually need we are being foolish with our money and I get it, because I’ve done it. I bought a brand new Harley Davidson in 2008 and then after God rescued me from losing my houses in 2009 I went a bought a brand new truck the next year, pretty smart huh? Until we all start talking about these things we will all continue to do the same things that we have been doing and it will cost us our future if we are not careful. It sure is fun to have nice stuff, but if it costs me being able to do stuff in the future or worse yet, causes my family not to have stability in their lives then I really need to think about if what I am doing makes sense.
My wife and I thank God often for awaking us to our financial responsibilities when He did. Within a short period of time we were really able to turn things around and have lived a very different life style than we once did. It was hard at first, but now that we sacrificed a lot in the beginning we can do many of the same things that we always did, just not as often and without debt. This has allowed us to save money, to invest money for retirement, to tithe, as well as to give to things that we want to support. I cannot even imagine what it would be like to go back to living like I once did and I look forward to being able to live a future like I never have before.
If you are not thinking about your future and making a plan for it now, then you should probably start soon, start now even, because what you are doing today will greatly affect what you are able to do in your future. No matter how old or young we are to think about the future and plan for it accordingly. What steps will you take today to make this change in your life if you are not already thinking about your future? If you already have a plan for your future and are working toward that plan then what are you doing to help others in the same way?
If you would like some help in getting a plan in place then contact me today so that we can start looking at your future plans and work to create a plan for you that works according to your values and how you want to live. Only you have the ability to change your attitude with your money and only you can decide to change things now for your future.
Proverbs 14:29, “He who is impulsive exalts folly.”