Now, before we get started, I just want to go on record and say I’m not an expert in financial coaching. I will leave the financial coaching to guys I respect in the field like Dave Ramsey and his Financial Peace University. But, I do believe that having financial boundaries are extremely important. I believe that financial boundaries ignite purpose with your resources.

That’s why the Bible says in Proverbs 29:18 “Where there is no vision; people cast of restraint.”

Where there are no boundaries, there is no restraint. And, where there is no restraint there is no vision.

You would be surprised at the people I have met throughout my life, very well known people I might add, who are always in trouble financially. They spend money they don’t have. And I’ve seen the opposite, people who have tons of money, but don’t drive their resources with any purpose or vision attached with it. They just spend and spend and spend. If they like it, they buy it. If they want it, they get it. And if both parties spend money they either do or don’t have…in the end they both become consumer driven individuals who have no vision with their financial resources.

I’ve seen poor and middle-class families become better visionaries over their resources then some rich families. And, I’ve seen rich families who are great stewards and vision developers with their resources than poor and middle-class families. It’s not an annual salary or your choice of career that determines your financial purpose; it’s your mindset on how you view money and how you manage it to serve your vision.

Matthew 6:21 says, “For where your treasure is, there your heart will be also.”

Suggested Financial Purpose and Boundaries:
•    10% – Tithe to your church
•    10% – Tithe to your household (Savings)
•    10% – Tithe to your vision (ministry, business venture, project, missions etc…)
•    70% – Live off the rest

What are some of your thoughts on how to build healthy financial boundaries for you and your household?