What is LF Contents:
|Financial Palnning for Singles: Avoiding Debt|
The Single Christian: Living as One in a World of Twos
Living Free Every Day®
Thoughts for Today
It is especially tempting for single parents to use easy credit to buy items for their children until they discover their debt load has become unmanageable. It is better to shop at thrift stores and buy used cars--paying cash--than incurring ever-increasing debt. Credit card spending only works if you pay your bill in full every month.
Singles, especially those with extra disposable income, tend to spend too much money for their own enjoyment or just to satisfy an impulse. Occasional impulse spending is acceptable, but it should not become a habit.
Consider this ...
A common error among singles, especially young, never-married singles, is to ignore long-term financial planning. They assume that since they will likely be married later, they can think more about finances then. However, everyone, single and married, needs to consider long-term financial planning. Married or single, consider plans for savings accounts, insurance, retirement income, investments, and real estate. Even with a small income, it is important to begin to develop habits of good stewardship.
These thoughts were drawn from ...
The Single Christian: Living as One in a World of Twos by Dr. Elizabeth Holland. In a world where everyone seems to have a mate, it is difficult to live life as a single person. Whether you have never been married, are divorced or are widowed, this study is for you. In The Single Christian, Dr. Holland examines many of the different facets of singleness, from rejection; bitterness and unforgiveness; loneliness; to dating; single parenting and the positives of being single. Note: This curriculum was written especially for small groups, and we encourage people to use it that way. However, it can also be used effectively as a personal study for individuals.
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