Wise Wallet Talks…

It’s no secret that there has always been a wealth gap. Nevertheless, God has the final say over our finances and our Destiny. One of the things I have allowed God to do in my life, is to teach me better money habits. I’ve had to take a real hard look at my finances and the hasty decisions, I had made.

What God revealed to me was, that my pursuit was right, however the motive was going in the wrong direction. Anytime we are pursuing something in business, our career or using our talent. We need to ensure that we are not outside of our divine alignment and purpose.

Proverbs 10:4 says “He becomes poor who deals with a slack hand, but the hand of the diligent makes it the rich”

“Diligence is a constant and earnest effort to accomplish what is undertaken. It is a persistent excursion of the body or mind diligence, promotes prosperity, riches, and plenty, and leads to success, but even in our pursuit, we must make sure that our heart has the right posture and we are not pursuing things in greed and lust.”

A recent study, I read, revealed that as of October 2024, there are 12 million people who still rely on payday loans. Why!? It could be driven by inflation, low income, or high expenses, nevertheless, whatever the case is, anytime we have to continue borrowing. We are putting ourselves in a deficit.

God wants to help us break that cycle and lead us into abundance. I want to encourage you and inform you, that your skill is needed, your skill is valuable, and your skill does not have to take you outside of divine alignment. God has given us the skills and talent to create wealth and passive income streams.

Deuteronomy 8:18 – And you shall remember the Lord your God, for it is He who gives you power to get wealth, that He may establish His covenant which He swore to your fathers, as it is this day.

What Else Can We Do?

We can learn the keys to understanding our finances more strategically, which is a game-changer. When budgeting, setting clear, realistic financial goals is your first step.

Knowing where every cent goes each month helps in organizing how you spend and save. Creating a budget isn’t a one-and-done task; it’s like a living document that changes with your financial situation. You can use apps or even a trusty notebook to keep track of all expenses.

Saving doesn’t need to be risky or complicated. Start by building an emergency fund. That’s at least three to six months of living expenses saved up. Don’t stress if you can only save a little at a time; the key is consistency. Automating your savings can ensure you don’t miss putting money aside regularly. Think of it as paying yourself first. 

Need a financial planner? Check out my “Wealth Within Financial Planner”

Why You Need To Invest…

Investing is a strategy that might feel like stepping into unknown territory, but it doesn’t have to be intimidating. Start by understanding the basics: stocks, bonds, and mutual funds. Diversification is your friend; spreading investments across various assets can mitigate risks.

Online resources and financial advisors can be great allies here. Start small, and as you gain confidence, gradually increase your investments. A strategy I love to use is compound interest and investing. If you’d like more information on investing, check out my FREE mini ebook the  “Wealth Building System” 

Bare in mind as the stock market shifts, you may very well see a slight decrease and that’s normal with fluctuations. On the flip side, you will see an increase as long as the market is up.

The wealth gap is real and affects many communities. Racial, gender and social disparities often lead to unequal financial opportunities.

Becoming aware of these factors helps us seek out resources designed to bridge this gap. As believers, we are never stuck or at the mercy of a system, we have access to seek God for a strategy to break barriers.

Like educational programs, financial literacy workshops, and support networks that can provide tools to understand and combat wealth disparity.

Knowledge and proactive steps can make a difference in balancing financial scales. This is the very reason I started my new business venture to enrich women to assist and empower others with industry knowledge, that I have gained in my 17+ years working in the finance industry.

Career Advancement in a Tough Economy: Navigating the Job Market and Beyond

Facing a tough job market can feel like you’re swimming against the current, but it’s all about strategy and resilience. Start by analyzing the current job landscape.

Certain industries like tech, healthcare, and renewable energy are seeing growth even in challenging economic times. Identifying high-demand roles within these industries can offer a more secure career path.

Continuous learning is crucial. The job market constantly evolves, and so should your skill set. Free online courses, certifications, and workshops can keep you competitive.

Networking can’t be overstated either. Connect with professionals in your field through social media platforms like LinkedIn or industry-specific forums. Networking can open doors you didn’t even know existed.

Passive income can be a lifesaver, offering financial stability and extra earning potential. Consider avenues like rental properties, stock dividends, or freelance work, which can provide additional income without requiring a full-time commitment.

Research each option thoroughly to understand the risks and rewards and connect with me to learn more from the DD weekly Newsletter and how we partner with you to succeed.

Balancing job stability and growth is a delicate act. In uncertain times, it’s wise to make thoughtful decisions about career moves. Ask yourself if new opportunities align with your long-term goals and provide stability.

Sometimes staying in a secure position might be smarter than jumping ship. Always assess the potential risks and benefits before making a change but, never stay stuck on a job with no advancement and doesn’t serve your purpose. That’s far too draining my friend!

Are you believing God for a financial breakthrough? Grab these 50 Scriptures to build your faith