Bountiful: The Heart of Money Management

What are some considerations to make before making a big purchase? How do we know when a good time to buy an expensive item would be? During the holidays? At the end of a season? A lot of faithful financial management, including when to buy big-ticket items, has little to do with money and a lot to do with mindset. In this episode, we discuss how affordability as well as patience and self-control play a role in determining when a good time to buy something is."Purchases don't motivate us to make big life changes."Episode Resources:Bountiful episode: “Tips On Buying A Car” https://bountiful.transistor.fm/s15/7Bountiful episode: “Self-Control With Our Finance” https://bountiful.transistor.fm/s14/10Bountiful episode: “Things To Keep in Mind Before Getting a Pet” https://bountiful.transistor.fm/s13/11Bountiful episode: “Buyer Beware” https://bountiful.transistor.fm/s13/10Bountiful episode: “Should I Make That Big Purchase?” https://bountiful.transistor.fm/s12/11Bountiful episode: “Penny Wise and Pound Foolish” https://bountiful.transistor.fm/s9/6https://www.wisebread.com/buying-calendarhttps://www.rd.com/list/the-best-time-to-buy-cheap-finds/https://money.usnews.com/money/personal-finance/saving-and-budgeting/articles/the-best-time-of-year-to-buy-everythinghttps://accountinginsights.org/how-to-tell-if-you-can-afford-something/ ★ Support this podcast on Patreon ★

When doubts enter our minds, how do we react? How do we handle uncertainties related to work, school, relationships, or money? In this episode, we talk about a few reminders that can help us focus on God instead of our doubts. ★ Support this podcast on Patreon ★

Diversification is a term commonly used in reference to investments. A diversified investment portfolio would include different asset classes like stocks, bonds, precious metals, real estate, or cryptocurrency. In this episode, we'll talk about diversification and how it helps our financial investments. We will also discuss how diversification applies to other, non-financial parts of our lives.Episode Resources:https://www.investopedia.com/investing/importance-diversification/https://www.forbes.com/sites/brettsteenbarger/2019/05/27/why-diversification-works-in-life-and-markets/ ★ Support this podcast on Patreon ★

Most of us want something - a raise at work, more savings, less debt, upgrading, or downsizing - but do we do anything to achieve those things? Are we looking at specific ways to accomplish what we want, or do we resign these ideals as impossible hopes and dreams? In this episode, we talk about the differences between dreams and goals to show how having goals can change our lives better than dreams can. Listen, and let us know what you think!Episode Resources:https://www.secretsofsuccess.com/blog/the-strangest-secret-earl-nightingale ★ Support this podcast on Patreon ★

We usually avoid things in order to not deal with them in the moment. We may avoid a friend because they like to have long conversations but we’re in a hurry. We may avoid a highway because there’s a lot of traffic on it. However, avoiding only defers problems – that friend still wants to talk with you, and you still have to hit the road. It’s the same deal with our personal finances. Our responsibility of managing God’s money doesn’t go away just because we avoid thinking about it. So, what should we do? Our recommendations are in this episode. Give it a listen!Episode Resources:https://thefinancialbrand.com/news/financial-education/financial-avoidance-the-fears-and-habits-holding-your-customers-back-189384 ★ Support this podcast on Patreon ★

One of the biggest money mistakes we can make involves lacking the knowledge to understand a financial decision but going forward anyway. This could include misunderstanding how different savings accounts work, how much it costs to borrow money, or generally how to get out of a bad financial situation. Fortunately, there is a panacea to financial ignorance – knowledge! Listen to learn more!Episode Resources:https://pfinance.substack.com/p/the-coast-of-financial-ignorance ★ Support this podcast on Patreon ★

Are luxuries something Christians should have? Can we live faithfully while enjoying this life's extravagant or very nice things, or would that be wrong? In this episode, we talk about what a luxury is and some things to consider regarding the question "Are luxuries wrong?"."Am I pursuing a life of luxury or am I pursuing a life of righteousness?"Episode Resources:https://one2oneacademy.com/living-beyond-necessity-the-perils-and-pleasures-of-luxurieshttps://www.history.com/articles/toilet-paper-hygiene-ancient-rome-china ★ Support this podcast on Patreon ★

Financial Dysmorphia can alter your perspective between how your money situation is and how you think it is. In this episode, we describe this in more detail, highlighting some causes and signs of Financial Dysmorphia. We end with some ways to overcome this for those who may struggle.Episode Resources:https://www.verywellmind.com/money-dysmorphia-8713617https://www.themoneypages.com/household-bills/money-dysmorphia-what-is-it-and-how-to-spot-the-signs/https://www.creditkarma.com/about/commentary/gen-z-and-millennials-are-obsessed-with-the-idea-of-being-rich-and-it-could-be-leading-to-money-dysmorphiahttps://www.mayoclinic.org/diseases-conditions/body-dysmorphic-disorder/symptoms-causes/syc-20353938https://adaa.org/understanding-anxiety/body-dysmorphic-disorder ★ Support this podcast on Patreon ★

The prophet Jonah is best known for spending 3 days and nights in the belly of a great fish. However, there are a other things we can learn from Jonah that are more applicable to our lives, including how we approach our financial lives. In this episode, we take a common outline of the book of Jonah and put a financial spin to it: we can run from our finances, to our finances, with our finances, and ahead of our finances.Episode Resources:https://www.forbes.com/sites/truetamplin/2024/10/23/9-scary-personal-finance-mistakes-and-how-to-avoid-them/ ★ Support this podcast on Patreon ★

Many things have changed in the work environment, especially in the last five years. In this episode, we talk through some workplace trends that either are un-Christian or could lead to unholiness. The things we talk about include ghosting, scrolling, isolation, family, ingratitude, and fraud.Episode Resources:https://www.verywellmind.com/what-is-ghosting-5071864https://letsgrowleaders.com/2023/01/09/ghosting-at-workhttps://www.indeed.com/career-advice/career-development/isolated-at-workhttps://www.psychologytoday.com/us/blog/platonic-love/202209/7-secrets-to-making-friends-as-an-adult?msockid=2e7cb6b3840762af1a98a47a852b637f ★ Support this podcast on Patreon ★

To be a Christian is to belong to God. We were lost in sin but God has bought us back from that punishment. Now we are His, and our lives should reflect that. In this episode, we talk about different ways we can reflect God with our finances.Episode Resource:https://economictimes.indiatimes.com/wealth/borrow/financial-thumb-rules-follow-these-8-golden-rules-when-taking-a-loan/articleshow/106659964.cms?from=mdr ★ Support this podcast on Patreon ★

Doom spending is what happens when we use God’s money to deal with the stress of believing the world is doomed. Much like doom scrolling hinders our growth, doom spending hinders our ability to give effectively, save sufficiently, or plan adequately. In this episode, we talk about doom spending, describing a little more about what it is, talking about why people do it, and how we can overcome its temptation.Episode Resources:https://believeinabudget.com/what-is-doom-spending-how-to-stop/https://www.vogue.co.uk/article/what-is-doom-spendinghttps://en.wikipedia.org/wiki/Doomscrollinghttps://www.thesimplicityhabit.com/waiting-in-an-instant-gratification-world/https://money.usnews.com/money/personal-finance/spending/articles/what-is-doom-spending-and-how-can-you-avoid-it ★ Support this podcast on Patreon ★

Bountiful 101 is when we take a subject, like cosigning, and introduce some of its concepts. Our goal for episodes like this is to combine our Christian attitude with a little bit of knowledge in order that we may glorify God by making wiser decisions with the money & possessions with which we are blessed. To cosign a loan or a lease involves a lot of responsibility. What situations would be ideal to cosign? Are there alternatives to cosigning? Listen to hear more!Episode Resources:Other Bountiful 101 episodes:Banking: https://thelightnetwork.tv/bountifuls3e8/Credit Scores: https://thelightnetwork.tv/bountifuls3e13/Retirement: https://thelightnetwork.tv/bountifuls7e2/Buying a Car: https://thelightnetwork.tv/bountifuls7e4/Cryptocurrency: https://thelightnetwork.tv/bountifuls9e15/Investing: https://thelightnetwork.tv/bountifuls10e2/Fiduciaries: https://thelightnetwork.tv/bountifuls15e6/https://www.equifax.com/personal/education/loans/articles/-/learn/co-signer-pros-and-conshttps://www.bankrate.com/loans/personal-loans/im-a-loan-co-signer-what-are-my-rightshttps://consumer.ftc.gov/articles/cosigning-loan-faqs#what’s ★ Support this podcast on Patreon ★

There are many dangers when it comes to financial blessings, including greed, arrogance, and jealousy. In this episode, we discuss financial jealousy, what it is, how it can happen to us, and what we can do to prevent it.Episode Resources:https://www.webmd.com/mental-health/signs-jealousy-envioushttps://www.verywellmind.com/what-is-jealousy-5190471https://www.wealthify.com/blog/how-to-stop-being-jealous-of-your-friends-financeshttps://www.nerdwallet.com/article/finance/5-ways-to-deal-with-money-envy ★ Support this podcast on Patreon ★

Could you explain the dividing line between saving and hoarding? Is it based on a dollar amount? Is it a percentage? Or is the line between saving and hoarding based on something else?Larry Burkett is credited with this quote: “The only difference between saving and hoarding is attitude.” Savers find meaning in godliness while hoarders look for meaning in accumulation (Ecclesiastes 5:10). Savers know their security lies in God’s hands while hoarders set their hopes on the uncertainty of riches (1 Timothy 6:17). Savers are willing to give and to help, while hoarders tend to say, “be warmed and filled,” without giving people what they need (James 2:16, 1 John 3:17). Savers are wise while hoarders foolishly lay up treasure for themselves and are not rich toward God (Luke 12:20-21).Episode ResourcesBountiful Episode “Am I Stingy?” https://thelightnetwork.tv/bountifuls13e9/Bountiful Episode “Steward or Stingy?” https://thelightnetwork.tv/bs2e5/https://bethebudget.com/the-importance-of-saving-money/https://accountinginsights.org/understanding-money-hoarding-psychological-and-economic-impacts/https://goodsensemovement.org/when-does-saving-become-hoarding/ ★ Support this podcast on Patreon ★

In this episode, we talk about a note Gary left for himself in a box of Christmas decorations about enjoying the holidays.Resources:https://www.amazon.com/Crazy-Busy-Cure-productivity-people/dp/1529367085https://balancethroughsimplicity.com/how-to-simplify-your-calendar-and-be-more-intentional-with-your-time/ ★ Support this podcast on Patreon ★

Even during the holidays, feelings of inadequacy can cloud our mindset and darken our emotions. In this episode, we discuss how this could happen and what we could do to remind us of how valuable we are!We are always dependent on God’s providence, blessings, and guidance, so every day is a great day to be thankful! But, are we giving thanks the way we should? In this episode, we look into one of the parables to learn from a bad example about doing thanksgiving wrong.Resources:If someone displays these 10 behaviors, they’re a truly pretentious person – The Expert Editorhttps://experteditor.com.au/blog/if-someone-displays-these-10-behaviors-theyre-a-truly-pretentious-person/5 Signs Contempt is Creeping into Your Relationship – Lakewood CO & Longmont COhttps://selfcareimpact.com/5-signs-contempt-is-creeping-into-your-relationship ★ Support this podcast on Patreon ★

Even during the holidays, feelings of inadequacy can cloud our mindset and darken our emotions. In this episode, we discuss how this could happen and what we could do to remind us of how valuable we are!Resources:https://www.entrepreneur.com/growing-a-business/why-you-should-post-on-the-holidays-and-the-best-time-to/441318#:~:text=Since%20we%27re%20already%20closely%20connected%20to%20social%20media%2C,most%20common%20holidays%20to%20use%20that%20time%20off.https://thehealthycompulsive.com/compulsives-in-relationships/managing-holiday-expectations/https://www.masterclass.com/articles/feelings-of-inadequacy ★ Support this podcast on Patreon ★

This episode is more than just two content creators getting together to talk about creating content. We talk about some considerations for Christians to make before creating any content, not just Christians who create Christian content.We discuss this topic from the perspective of it becoming a career choice – what it entails, how it can become a career, and what to be aware of from a spiritual perspective.Resources:https://www.shopify.com/blog/content-creator-business-modelhttps://sproutsocial.com/insights/content-creator/https://www.soundstripe.com/blogs/what-social-media-platform-pays-the-most-in-2024What Is a Content Creator?https://www.forbes.com/councils/forbesbusinesscouncil/2022/11/29/what-they-dont-tell-you-about-being-a-content-creatorhttps://www.mightynetworks.com/resources/content-monetization ★ Support this podcast on Patreon ★