The New Year has begun, and along with resolutions of daily Bible reading and hitting the gym to improve your fitness score, you’ve got another burning question:
What are you going to do with all that money?
The Defense Authorization Act passed by Congress includes a 1.4% pay raise for active duty military members. Combined with the New Year it provides an excellent opportunity to review your financial stewardship, whether you’re a brand new Lieutenant or a “seasoned” senior officer.
Of course, it is difficult to be wise about your finances when you don’t even know where your money goes. If you don’t have one already, it’s time…for a budget.
While that may make some cringe or scoff, realize that a budget — even a very basic one — will help you be a good steward of the resources God has given you. While the parable of the talents in Matthew 25 actually goes beyond money, its truth is applicable: Continue reading