Thursday, March 8, 2012

Living on 10-10-80

I attended a Christian talk before about priorities and budgeting. Yep, you can find God in your finances, too. Though I forgot when I heard the talk, I just remembered it recently as I start looking for work.

The  10-10-80 principle applies to your finances and how you can manage them properly. In the talk, the speaker said that 10% of your income should be first placed with God, the second 10% for savings and the rest for whatever (spend wisely of course).

I thought about why God should only get 10% when he should be given more but that was also discussed during the talk. Though I wasn't such a good listener at that time, I think the pastor talked about setting aside something for God FIRST.

Prioritizing God in the budget. That was the translation in my mind. I didn't really take down notes or anything. The speaker also talked about how in the old times people offered up their finest produce, their first crops or their best wine. It wasn't really about offering Him the bigger share of the harvest but the best share of the harvest. I guess the speaker's point was not to think of God as an afterthought and offer sincerely. And always think of God first and everything else will follow.

Though I'm still on my first early years as an employed individual I am planning to stick to this rule when I get my first pay check and the next. My plan is to have 10% set aside for God (by helping others or giving to charity or giving to church) and 10% for savings and hoping to spend the rest wisely.

The 10-10-80 principle could be found in various success stories online too...
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Images found in various sites online.

2 comments:

  1. When I was younger, even though I struggled, I paid my 10%. By the age of 35, I was able to retire, so I haven't worked in 5 years.

    I know God gave back to me more than I gave him.

    Great post:)

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  2. Thank you. :)

    Wow, that's amazing. Though, it won't be that easy I'm gonna give my 10% too. ^_^

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