Money: “Faith & Finances: How Women Can Break Cycles and Build Wealth”

Financial empowerment is a critical aspect of personal freedom and security. However, Barna's research reveals that women often face challenges in this area. For instance, while 44% of women receive financial education from family or friends, only 21% consult financial advisors, compared to 32% of men. This gap can lead to less confidence in financial decision-making.​

Moreover, the same study indicates that 24% of women haven't learned about finances from any of the possible sources mentioned, pointing to a lack of knowledge or uncertainty about where to seek financial advice. This deficiency can perpetuate cycles of financial instability, making it imperative for women to seek out resources and education to bolster their financial literacy.​

Money Moves to Level Up:

• Create a Spending Plan, Not Just a Budget: Allocate funds for necessities, savings, and leisure to ensure a balanced financial life.​

• Tackle Debt Intentionally: Choose a debt repayment strategy that suits your personality and financial situation, whether it's the Snowball Method or the Avalanche Method.​

• Invest Like a Boss: Educate yourself on various investment vehicles. Start with employer-sponsored retirement plans or consult a financial advisor for personalized guidance.​

• Tithe & Give Wisely: Align your charitable contributions with your values. Ensure you're also securing your financial future through prudent saving and investing.​

Scriptural Insights:

• Proverbs 22:7: "The rich rule over the poor, and the borrower is slave to the lender."

• Proverbs 3:9-10: "Honor the Lord with your wealth, with the firstfruits of all your crops; then your barns will be filled to overflowing, and your vats will brim over with new wine." ​