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Money is not a complicated thing, however, our actions with money can be very complicated. Many times we over complicate it and add drama. The truth is if we did three simple things we would have enough money and would not let dollars and cents be a stronghold in our lives. This post is not about investing and borrowing. To find out more on those decisions click hereThese 3 things should be lived out daily with finances.

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1. Give 10%. We must be giving. We should not be closed fisted, but instead have an open hand. This is impossible to do unless you are giving part of your money away. Giving frees up the heart, kills envy, and renews the mind to remember that life is so much more than money. Like anything in life this is a muscle that needs to be built. If you have not been giving it will be a stretch for you, but it’s worth the effort to lower your lifestyle to have money to give.

2. Invest 15%. Are you planning for your future? How are you going to eat when you can’t work any longer? How are you going to pay for unexpected bills? I know these are not things that are fun to think about so we usually don’t until it’s too late. We need to be putting away at least 15% of our income and build savings and retirement. If a couple hundred-dollar bills ruins your life there is a problem. There is a level of peace when there is more than a few dollars in the bank. You will make different decisions and get better sleep.

3. Live within your means 75%. It is your choice whether this includes debt payments or not. My wife and I have decided to stop borrowing money on anything other than our home. It may take us longer to become wealthy because of a lack of leverage, but I believe the freedom and peace is worth the sacrifice. If this is not the choice you make that’s okay, but at least make sure that you don’t pass the point of bills being more than income. That is not a fun place to be.

I know that these three things are not earth shattering, but most things in life that are simple are where the real change happens. If you have gotten yourself upside down with bills it will take a lot of effort to dig out of them, but in the end it will be worth it. Give, save, and live within the rest. This is the key to a life of freedom and peace with finances.

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