“Trust in your money and down you go!”
While I am very bullish on the economic recovery and expansion, I’d be foolish if I didn’t think that there will much volatility in the markets and rates while the recovery and expansion occurs. In the U.S. we tend to run in cycles. We pay attention to the deficit, until we don’t. Then we focus on fears of interest rates, until we don’t. And then we focus on inflation concerns, until we don’t. And we start all over again, depending who is doing the focusing. So, we have inherent volatility no matter where the focus is at the time. It’s an amazing time we are in and with it comes unpredictability. The best plan is to have a plan. A plan you have thoroughly vetted and firmly believe in that steers the company in that direction knowing that there will be some veering on an off the course as needed but ultimately headed to an agreed upon objective.
With volatility comes an uneasiness with our financial situations. The Bible speaks to the issues of money a lot. It’s clear to me that no matter how good we are with managing our finances, that we are not the ones who are in control. That is why God tells us to put our trust in Him and not in our ourselves or others. If we start today with turning over our financial plans and trust of our money to God, the course He sets for us will weather all the volatility.
Reference: Proverbs 11:28 (New Living Translation)