Faith & Finance - How to Save for Major Purchases
One of the simplest ways to avoid credit card debt is to save up for major purchases before you make them.When you plan ahead for expenses you know are coming, you can pay with money you already have instead of borrowing from tomorrow’s income. This simple approach can reduce financial stress, provide greater flexibility, and help you practice faithful stewardship.The key is preparing for tomorrow's expenses with today's resources.Saving for the Expected, Not Just the UnexpectedYou may be thinking, Isn't that what my emergency fund is for?Not exactly. Your emergency fund is designed to cover…
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