Financial health: Financial health is being at ease with one’s financial status. Being able to earn, spend, give and utilize finances, having healthy interactions between people of the same and different financial capabilities. Not depending on others for support, but helping others in need. It is a matter of living within ones means to create savings and investments.
Of all the subjects in the Bible, finances is talked about the most. One’s income should be divided between Taxes, God, savings, while living off the remainder. Not many in America can do this effectively.
1. 10% goes to God
2. 10% into savings
3. 30% goes to the government (depending on the current tax rate)
4. 33% to housing
5. 35% is left to live on. (automotive, food and entertainment)
I could never make this work so I defer to Larry Burkett (Crown Financial Ministries) and Dave Ramsey (Financial Peace)
9) Social or Relational