by Laura Harris
According to a recent study by Demos, a public policy research firm, consumers spent more than $2.2 trillion dollars last year on purchases and cash advances using credit cards. Over half of Americans have credit card debt averaging $10,000. People seem to have difficulty living within their financial means, and I am no exception to this problem.
After completing graduate school, I was unable to secure a full-time job and began using my credit cards to pay my bills. I also used my credit cards for frequent indulgences, like dining out and new clothing. My credit card debt quickly got out of control, and I was unable to keep up with the payments. Fortunately, I got a job and was able to pay off my credit card balance within a few years. As I’ve gotten older, I have become more frugal in my spending habits and more appreciative of the things I have. However, I occasionally splurge on superfluous items (like stationery, handbags and fancy coffee drinks). It’s not easy to reject the materialistic culture we live in, but I am trying to change.
The Bible clearly tells me that I should be content with the things that I have. I should have faith that God will provide for me and meet all my physical needs, as long as I use the things wisely which God gives me. I know that I can take THAT to the bank.