Income – Savings = Expenses

November 30, 2012

Be YOUnique Blog

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Income – Expenses = Savings 

                     vs.

Income – Savings = Expenses

You should develop the discipline to save first before spending; if you spend first before saving, there will be nothing left over to save after all the expenses.

The Bible says, whoever gathers money little by little makes it grow — so start now! “It’s not how much money you make, it’s how much money you save.”

To start, set aside at least 5% of your income for savings. 

Proverbs 6:6-8

Go to the ant, you sluggard;
    consider its ways and be wise!
It has no commander,
    no overseer or ruler,
yet it stores its provisions in summer
    and gathers its food at harvest

God even uses insects to teach us a lesson on “Savings.” Stop making excuses — if an ant can do it, so can you!

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