Hope for your financial life and beyond

My Go To Bible Verse When I Worry About Money

If there is one thing I’ve discovered while monitoring my own finances through the years it’s this – the future is friends with worry. It’s inevitable. At some point I will worry about money.worry about money

I think many people are right there with me. A recent survey showed that 73% of Americans ranked their finances as the #1 stress in their life. That’s over things you’d think would cause more stress like relationships, career, family, kids and traffic on the freeway.

So what’s to worry about when it comes to money? Well, everything really.

First and foremost, we worry about how to make ends meet. Again, recent studies show that just over 60% of Americans are living paycheck to paycheck. That means they can only make ends meet from one paycheck to the next. That’s no way to live, wondering if you can make it to the next pay stub.

But there are other areas where people worry about money.

[Read more…]

The Most Important Reason You Do Not Worry About Tomorrow

You’ve probably heard it said at some point, “Hey, do not worry about tomorrow. Focus on today and let the future take care of itself.” That’s not bad advice really. The older I get the more I’m realizing why.

do not worry about tomorrowWe all have things that affect our actions from day to day. Things we’ve done in the past affect us in the present. Things we are doing in the present affect us in the present. And believe it or not, things that we will do in the future affect us in the present even though they haven’t happened yet.

You may be thinking, “How could that possibly be if those events have yet to occur?” Well, it’s not the event per se that affects us. It’s how we think about those yet-to-happen events and how they lead us to worry about them.

Of those three time lines – past, present and future – I think the future one has the greatest potential to stop us in our tracks. Here’s how.

Why You Do Not Worry About Tomorrow

[Read more…]

8 Bible Verses About Worry for All Life Situations

Do you worry? I’ll admit that I have been a worrier at certain times of my life. There are so many circumstances that we can worry about that it’s easy to worry all day long. Thankfully there are many Bible verses about worry and anxiety that can give us a different perspective on the issue.

Bible verses about worryPerspective is really what is needed when it comes to worry. That is because a lot of our worry is illogical and over-dramatized. We worry about things we cannot control, that do not really relate to us and that will probably never happen.

Worse yet, worries are the gateway to fears. And fears, when they are released to their full force, will impact our actions. Actions fueled by worry and fear are often detrimental.

That is why it’s so important to get our worry in check. And the Bible offers great perspective on this topic. So here is one whole passage and 7 other Bible verses about worry that give me the reality check I need.

The best part is that we can apply them to any life situation we are going through.

[Read more…]

How to Avoid Worrying About These IRS Audit Red Flags

We are smack in the middle of tax season again as everyone is trying to meet the April 15th deadline. Many dread the prospect of an IRS audit so getting all the information correctly coded on the tax forms is of course a high priority. No one wants to worry about the IRS knocking on their door (which I don’t think they initially do, opting instead for the conventional letter in the mail).

time to conduct an auditThe unfortunate reality is that there is no silver bullet to avoiding an IRS audit. The IRS can choose to investigate and audit anyone they please at any time. Even low-income earners can be subject to an audit if the IRS becomes suspicious.

What would make them suspicious? Well there are a variety of factors, red flags if you will, that can make an IRS agent question a tax return. Some of them can’t even be avoided. But what can be avoided with all of them is the worry. If you are handling things correctly there is no need to worry about any of these situations.

Common Red Flags That Might Trigger an IRS Audit

While this is not an all-inclusive list, these represent common issues that might pop up as a red flag to the IRS:

[Read more…]