Keith Craft: Rule #2: Create financial margins (minimum 70/30).
Rule #2: Create financial margins (minimum 70/30).
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The thought behind the quote
When Sheila and I were first married I told her we were going to never live on more than 70% of our income. Your money doesn’t need a budget as much as YOU need to live by margins! God is a God of margins.
Related
- The gifts that God has given you, that you discover and then develop as talents, have the potential to be deployed into the world as competencies. At the level that something becomes a competency (you develop your ability to solve problems), it can and should be monetized.
- Stewardship is the responsibility to manage, maximize and multiply what has been entrusted to you.
- Don’t see money as something you need. See money as seed to create something that helps meet what humanity needs.
- Rule #8: Whatever you are naturally gifted at, can become a talent. A talent has the potential to be monetized when it becomes a competency.
- Men have a touchstone whereby to try gold, but gold is the touchstone whereby to try men.
- Do Good with what thou hast, or it will do thee no good.