Faith and Spending

Filed under , by Alison on 8:41 AM

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This month's issue of the Ensign, a magazine published by my church, includes a short article on money management and avoiding debt. The following quote particular quote really caught my eye, "It takes great faith to utter those simple words, 'We can't afford it'. It takes faith to trust that life will be better as we sacrifice our wants in order to meet our own and others' needs."

I think that regardless of your religious beliefs, you could probably appreciate the connection between faith and money management. One definition of faith is simply a belief in something you cannot see. Sometimes it takes an awful lot of trust to put off purchasing something you really want. You pass up on the purchase because you believe it will help improve your future financial situation, but really you don't know that for certain. It takes a certain level of faith when you pass up one opportunity because you believe that a better one will present itself, one that will financially be better.

No one knows what the future will bring. A little faith that the future will be better can sometimes help you make those difficult financial decisions today.