Tag Archives: savings

The Grasshopper and the Ant: Which one are You?

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The story of the grasshopper and the ant is an oldie, but goodie!
There is so much that can be learned from it.

If you are not familiar with it, check it out on YouTube.

While the ants are busy working all summer long, storing up for the winter, the grasshopper is just hopping around having fun in the moment. He does not have a care in the world for what may lie ahead.
Then winter comes and while the ants are inside with plenty of food, the grasshopper is left out in the cold, freezing and starving.

Some basic lessons to be learned from the story…

  • Don’t procrastinate.
  • Don’t just live in the moment and totally ignore the future.
  • Some thinking ahead and planning ahead is essential for survival.

There are multiple areas in life that we can apply this story to.
Ask yourself these questions and then think about whether you are the grasshopper or the ant in each situation.

Physically

  • Are you exercising each day?
  • Are you eating for the moment or for the future?

Family

  • Do you have a Will?
  • Are you spending time with your spouse and kids?
  • How much longer until the kids go to college? Will you be ready?

Mentally

  • Are you learning something new each day?
  • Are you reading non-fiction books?

Financially

  • Do you have an emergency fund?
  • Are you saving for retirement?

Career

  • Will the job that you have now last forever?
  • Do you need to be furthering your education just in case?

Spiritually

  • Are you spending time with God in prayer?
  • Reading the Bible?
  • Going to church every week?
  • Have you completed the steps of salvation?

Are you the grasshopper or the ant?

Maybe you don’t have to choose one or the other.
Maybe you can be a hybrid?

Enjoy life, but also work hard and prepare for the future.


How To Live Without Credit Cards

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Life without credit cards is possible.

My wife and I have been able to survive without credit cards for more years than I can count now.
You can do it too and here’s how.

The secret to living without credit can be done with 3 simple steps.

1. Budget
2. Save
3. Buy, using cash or debit

The main reason most people use credit cards is because they do not have enough money in the bank to make a purchase and they want it now.

Why would there not be enough money in the bank to make the purchase?
Because they didn’t save.
Why did they not save?
Because they were not living on a budget.

Get on a written budget and make sure savings is near the top of the list (right under tithing)

Plan on putting 10% of you income into savings.
The best way to do this is to have it auto drafted into savings each time you get paid.

Make a goal to have at least $1,000 in the bank for large purchases and emergencies.
Save more if you need more, but this is the very minimum to keep in the bank for purchases.

Once you have money in the bank you can use cash or a debit card to make purchases instead of a credit card.

Get on a budget, save and cut up those cards.

Tell those creditors that you don’t need them any more.


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