Living Within Your Means
Sabbath School Lesson 2018 Quarter 1 Lesson 11 Tuesday
The first paragraph states,
“Foolish people make no plans to live within their means. They greedily spend wealth at their disposal, even borrowed wealth, feeling that financial wisdom or frugal living is a hardship.”
Is it helpful to give money to people who are capable of earning a living, not on an emergency basis, but on a chronic basis? Why or why not?
According to the National Endowment for Financial Education, 70% of lottery winners end up filing bankruptcy. How is that?
Does it have to do with the amount of money they have or the decision-making habits of those who have won the money?
In other words, if a person has not learned self-discipline, has not learned delayed gratification, has not learned to say no to impulse and choose what is healthy even when it is difficult, would they suddenly change their method of decision-making with a windfall of money?
Could it be that allowing a person to work through their problems is a greater blessing than simply relieving their problems? How?
Where is the balance between providing relief for those who need it, but not enabling unhealthy practices in those who refuse to mature and grow up?
I love the example of both Physical therapy vs Psychotherapy, if you had a loved one who was in Physical Therapy after an injury and the exercises are painful, would it help them by saying let me do those for you, let me deliver you from your discomfort. Psychotherapy is the same thing, you can’t help people overcome trauma issues or other problems in their heart, by simply seeking to relieve their discomfort or taking the problem on your shoulders to fix the problems for them, you can’t they have to work out the problems for themselves.
So, some charitable organizations have, instead of just given money away, required applicants to apply for small loans at very low or no interest, but with a business plan on how they will use the money to become financially self-sustaining. In other words, they don’t just give to people based on their poverty, but based on their internal motivation to actually overcome their situation.