The Fruit of the Spirit Love, Meekness

Daily Meditation from the Bible - The Word of God

34th Issue
"EVERYTHING YOU SHOULD KNOW ABOUT MONEY!"

"Money Answereth All Things" (Eccelesiastes 10:19)

By Patriarch John Williams (President of IICM)

Email: iicm.vv@gmail.com (If you live in India) or
to iicm@aol.com (If you live in any Country outside of India,
but please identify the Country of your Residence)

1. WHAT IS MONEY MANAGEMENT?

1. It is Managing our Whole Life
2. It is Managing our Money and all of our Assets
3. It is Managing our Time
4. It is Good Stewardship
5. It is Investing and Multiplying our Assets
6. It is Establishing and Exchanging Values
7. It is Increase our Security
8. It is Releasing ourselves from the Work to have more free time
9. It is Making Plans to Achieve our Goals in our Life
10. It is Being Wise in all areas of life
11. It is Being Accountable and Doing Justice to all of our Time, Assets,
Knowledge, Skills and Fulfilling God's Will

2. HOW SHOULD WE MANAGE MONEY?

1. By Keeping Record of all Revenues, Expenses, Assets and Liabilities
2. By Having a Good Financial Plan
3. By Establishing Financial Goals
4. By Having a Viable and Good Savings Plan
5. By Developing some Investment Plans
6. By Adopting a Good Purchasing Plan
7. By Drawing a Monthly Budget
8. By Establishing our Priorities of Values
9. By Eradicating and Overcoming our Pride to avoid spending
unnecessarily and wastefully
10.By Not Borrowing Money except for purposes of Investment

3. HOW SHOULD WE MAKE MORE MONEY, INCREASE OUR
REVENUE AND ASSETS AND CUT DOWN OUR EXPENSES?

1. By Managing our Time Wisely and Properly to convert it either into
    Money or of other Values in life
2. By Utilizing our Time Wisely and Efficiently to achieve our Goals and to
    make and save more Money
3. By Investing Money in Revenue generating Projects
4. By Buying and Selling Things for profit, taking advantage of all of the
    opportunities
5. By Keeping track of Inflation and Interest rates and doing the needful to
    protect us from these financial risks
6. By Converting our Time into Money or something of real value to us
7. By Acquiring more Skills and Education
8. By Practicing the Skills of Time Management
9. By using Modern Technology to cut down the cost and increase the
    productivity
10. By being Innovative and Creative in inventing new things and devices
      and to take full advantage of them
11. By consulting or getting Financial Counseling from God's Servants and
      Wise Financial Consultants and Experts
12. By giving importance to Money Making to be blessed and to be a
      blessing to others, without jeopardizing our ministerial and other
      Priorities and Values

4. WHY SHOULD WE MANAGE MONEY WISELY AND PROPERLY?

1. Because it affects or influences Our Life
2. Because it affects or influences Our Time
3. Because it affects or influences Our Goals
4. Because it affects or influences Our Values
5. Because it affects or influences Our Joy
6. Because it affects or influences Our Peace
7. Because it affects or influences Our Success
8. Because it affects or influences Our Usefulness
9. Because it affects or influences Our Ministry
10. Because it affects or influences Our Family Life
11. Because it affects or influences Our Spiritual Values
12. Because it affects or influences Our Love for our Neighbors
13. Because it affects or influences Our Health
14. Because it affects or influences Our Goal Achievements
15. Because it affects or influences Our Ability to Exercise Dominion over
      the World
16. Because it affects or influences Our Ability to Modernize Everything to
      increase our efficiency and output
17. Because it affects or influences Our Ability to Maximize our Comforts,
      Standard of Life, Health and Longevity