Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment. Command them to do good, to be rich in good deeds, and to be generous and willing to share. (1 Tim. 6:17-18)

Monday, June 7, 2010

Stewardship life experiment #1 | Update

Last week

In my post last Monday, I blogged that I would conduct a stewardship life experiment throughout the week where I would consult God first in all of my finances. I would pray for contentment, wisdom, and God's favor to be with me as I spent money.

Findings

Here is what found during this week:
  1. In most purchases, I found to spend less than I might normally would. For example, I typically average about $110.00 a week on grocery spending. This week that amount was $92.60, a savings of $17.40.
  2. Any "auto-pilot expenses" such as utility bills that I encountered during this week, came in at or below budget.
  3. Unfortunately, I had a major, unexpected car repair this week on my air conditioning system. I had budgeted $250.00 in car repairs this month, thinking that I had a small leak in a hose, but the problem ended up being the main system valve and dryer. This is a major repair which cost me (along with an oil change and tire rotation) a total of $901.28. Ouch! The only good news in this repair is that my car's compressor didn't need to be replaced. If this had been the case, my total bill would have been over $1,500.00. In the end, I praised God that although the repair bill was higher than expected, I didn't have the worst case scenario.
Conclusion

In the end, I have concluded that one week is not enough time to really conduct the experiment. I'm not really sure what I was thinking in my original post. I will continue to conduct my experiment, record data, and give periodic updates on my findings. Stay tuned for more information on this ongoing experiment.

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