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Wisdom-Trek / Creating a Legacy
Welcome to Day 843 of our Wisdom-Trek, and thank you for joining me.
This is Guthrie Chamberlain, Your Guide to Wisdom
Controlling Your Money - Ask Gramps

Thank you for joining us for our five days per week, wisdom and legacy building podcast. This is Day 843 of our Trek and time for our Philosophy Friday series.  Each Friday we will ponder some of the basic truths and mysteries of life, and how they can impact us in creating our living legacy.  As we continue on this trek called life, sometimes we have questions about life, so our Friday trek is a time where we can ‘Ask Gramps.’   Gramps will answer questions that you would like to ask your dad or granddad, but for whatever reason, this is not possible.  No matter how old we are, I know that all of us would like the opportunity to ask dad or gramps questions about life in many areas.  We will address areas such as finances, relationships, health/fitness, business/work, home repairs/renovations, seasons of life, spiritual/Biblical questions, and any others areas that come our way.  As your fellow sojourner and mentor on this trek that we call life, it is Gramps goal to provide you with practical wisdom and advice about any area of life. It is crucial that I receive a constant flow of questions so please submit your questions to guthrie@wisdom-trek.com, and Gramps will answer your questions on our Friday podcast.

We are broadcasting from our studio at ‘The Big House’ in Marietta, Ohio.  Money is something that affects us every single day of our lives.  It’s used to pay for our shelter. It’s used to purchase food for our families. It’s used to purchase heat in the winter. It’s used to purchase necessary medical care. The list could go on and on.

So our question for today is:

Hey Gramps, “I have a very difficult time controlling my spending.   Even when we receive more money than expected, or needed, it seems to be gone so quickly.  What can I do to help control the money I have so I can get ahead in life.”
Controlling Your Money
This is a topic that is near and dear to me because I see so many of my friends, family members, and associates struggle to get control of how they use their money.  Financial controls seem relatively easy for me, but I realize that I am the exception.  Since money is so important to our daily lives, you’d think we’d devote more time trying to keep it. However, it seems like most people regularly devote more time trying to find new ways to spend it.  It is akin to an addiction for most people.

First, as with so many aspects of life, you need to change your thinking.  All the money and other resources we possess is not really ours.  It has been given to us by God, and during the few years we have on earth we are only managers or stewards of God’s resources.  We are held accountable for how wisely we manage the money and other resources that we have.  You came into this world naked with nothing, and so it is when you leave this world.  At best, we are stewards of what we are blessed with.  Once you have this mindshift firmly engrained in your mind, then you start looking at those resources differently.

Due to this interesting paradox, I find it necessary to occasionally sit back and reflect on my financial life. To do this, I ask myself a few questions regarding my current financial health. Each question is very short and is designed to get me thinking about the bigger picture of keeping and investing the money I have been given to manage.  I encourage you to ask yourself these same questions in order to keep a proper mindset of the resources that you are responsible for managing.


·       “Is the Money Being Invested in the Things That Truly Matter to Me?”
Are there items in your budget that could be removed or reduced to help better utilize your income?