Four Common Mistakes Young People Make With Money

fcmymmBy Jerome Baker

1. They pursue money more than God.
C.R.E.A.M. (Cash Rules Everything Around Me) was a song by Wu-Tang in 1993.  Besides the unforgettable hook (get the money, doll doll bill y’all) in taught youth to be money chasers.  But I like many others soon learned that if you chase money you will not chase or please God.  Money is a tool and is a good thing to have, but we shouldn’t love it.   Matthew 6:24 No one can serve two masters; for either he will hate the one and love the other, or else he will be loyal to the one and despise the other. You cannot serve God and mammon.

2. They spend it on pointless things.
We should enjoy this life and money helps us to do so because it answers all things (Ecclesiastes 10:19).  But, strive not to be waste money.  The young man in Luke 15:13 wasted all his possession with prodigal living.  He partied all of it away!  Though he may have had fun in the end he had nothing to show for it, it was pointless.

3. They don’t find pleasure in giving.
God loves a cheerful giver.  Many young people (and adults also) fail to understand and recognize that it is more more blessed to give than receive (Acts 20:35).  The more you give the more God causes you to receive (Luke 6:38).  In turn, we can continue to be a blessing and help others in need.  Most youth and young adults don’t participate in giving money cheerful I find to be like Judas, they usually rob God when it comes to giving (John 12:1-6).  God is the greatest giver in Scripture and we should follow His example. John 3:16 For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life.

4. They don’t put anything back.
Life has its unexpected mishaps.  Some events in my life I could have easily overcome if I had been diligent in saving money when I had abundance.  Putting money back was not attractive to me as a young adult….but if I would have only practiced then what I know now I would be further along.  Be like the ant, when you gather, always store something away for later.  Don’t make the mistake of not putting anything into reserve (Proverbs 6:6-8).  If it’s nothing put $1, put something back.

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© Copyright 2015 Jerome Baker Jerome Baker is the author of “Success Killers” and “Watch Who Hang With”.

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