investing

Two Simple Steps for Investing

“She considers a field and buys it; From her earnings she plants a vineyard.” Proverbs 31:16

As women, we are always thinking of how we can grow the money we have. Whether we are looking to coupon to use less than we have at our disposal or putting what we haven’t used into our savings account, we women are resourceful at taking what we have and doing our best to grow it.

Someone else who was good at investing what she had was the woman in Proverbs 31. I couldn’t help but notice the two steps she took in making her money grow. (Note: I am not a professional investor. These are just two observations I have made from reading this passage. Any financial actions taken by the reader are done at their own risk.)

  1. Think through an investment before purchasing
  2. Take the earnings and invest them

investing

Think through an investment before purchasing

Before her purchase, she considers it well. Her decision is not made on impulse. It isn’t done because of a knee-jerk reaction. Her decision has been thought through with reason and logic. She considers all aspects of the purchase.

What is the cost?
Is the return worth the investment?
How much effort on her end will need to be put into this investment?
Does she have the time to put into this investment?
Does she have the know how to enter into this investment?
In addition to the know how, does she have the ability?

take the earnings and invest them

She doesn’t take her initial profit to spend it on a night on the town or a new wardrobe, instead she looks for ways to use her profit to put it back into her investment. She looks for ways to put her profit where it can increase over time. Notice, she plants a vineyard. It will take time to grow the grape vines, for the fruit to ripen, pick the fruit, and either sell them or turn them into another substance for sale.

investing

Our investment doesn’t have to be a field. There are so many ways to invest the resources God has given to us. Think of what you have at your disposal. How can you take that and invest it?

One young mom I know, who I’ve mentioned before, has taken her ability to sew and uses that ability to provide a supplementary income allowing her to stay home with her little girl.

One of my favorite women to follow on Facebook is Rachel Cruz. She is a woman who not only teaches other how to get out of debt, but how to wisely invest their resources. She has several books which will help you learn to consider your purchases and how to use your money well. I will be sharing more about these books in my upcoming 2018 Book List post.

This week, memorize Proverbs 31:16 and may it guide you as you plan your budget for the new year.

You can read the other posts in this series here.

investing