Living Life in a Fish Bowl!

Gloria’s take on life.

bail out

Now the auto industry is wanting a bail out.  Latest I heard is that they may be getting a band aid, not a bail out.   Should they get anything?  Should they get more?  Some are saying ‘if we don’t do something, they may no longer exist’.   What would that look like?  How many jobs would that affect?  I can’t even wrap my head around how  that would trickle down and what effect it would have.

It does make me wonder what is in store for us in the coming year.  The biggest problem that I see (in my small section of the world) is that people are not living within their means.  So many have existed on ‘buy now, pay later’  and living from paycheck to paycheck, that the idea of even having a savings is a foreign concept to them.

A long time ago I heard a ‘formula’ that I really liked.  Tithe 10%, save 10%, and live off of the other 80%.   As you may have read in other blogs of mine, I do hold strongly to tithing.  It’s all God’s anyway, but tithing is my way of reminding myself of  Who I trust.  

Tonight at a gathering I was at, one of the pastor’s made a comment along the lines of,  – we need to trim where we can but not succumb to being stingy and to not let fear guide us.  

For me, little has really changed.  God is still God.   He is still in control.   I will not be ruled by fear.  Now I have looked much closer at purchases.  The whole ‘need’ vs ‘want’.   I’ve done more thinking lately about ‘storing up my treasures in heaven.’   Do I really need a new t.v.??  (Andrew would say ‘YES!” )  However, the old one still works which makes it a ‘want’.

til next time

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December 8, 2008 Posted by | just thinking about stuff, Pastor's wife | , , , | 4 Comments

Finances

It seems every time I turn on the TV I am bombarded with woes about the financial ‘crisis’.  This is indeed a very serious problem.  Is this latest bail out plan (over 100 pages) the best thing?  What impact will it have?  Who will really pay for the lack of sound judgment that lenders showed?  Who will pay for the spending spree of irresponsible people?

I knew there was a problem when Chris started college.  He got a credit card based solely on the fact that he was going to college.  He was a freshman and that made him a great risk??  Last I knew many, many, freshman drop out and show no financial intelligence.  Yet every week we get a handful of applications for another credit card for Chris based solely on his college status.

Andrew wasn’t going to go to college. He was working 2 part time jobs – one of which he had worked at for over 2 years and yet when he applied for a card – he was turned down.  Now that makes sense.  Give the kid who is going off to college with no guarantee of a job, a card and the one who is working – making money – gets no card.  Jump ahead 3 months, now Andrew is going off to college and ‘surprise’ now he can get a credit card. 

I should mention that both boys handle their money well.  They pay off their credit card at the end of each month.  Yes, they were a good risk.  However, the lender had no way of knowing that based on the information they were given. 

Need vs Want.  There is a huge difference.   

We live in a society of buy now, pay later.  Only it seems many are not paying later they just keep buying now.  Something does need to change. 

We are on the brink of change in this country.  The election, either way, history will be made.   Just what change will take place due to this bail out?  Many people are nervously awaiting, wondering what will happen to their retirement, job, savings…  I am grateful that I have learned to depend on God as my provider.  I trust God to see us through.  Whatever happens I know that He has a plan and that He will go with us through it.  Whatever the future holds, I am not afraid.  God will be there.     

For more on economic security click here

til next time

September 29, 2008 Posted by | just thinking about stuff | , , | 1 Comment