Thursday, May 20, 2021

May Every Day | National Be A Millionaire Day

May Every Day is a series of (almost) daily blog posts for May 2021 sharing days and weeks that we celebrate or observe. Some of these days are well-known holidays while others are more obscure observances, some are celebrated internationally while others are more nationally focused, some are significant while others are just plain FUN!

The Merriam-Webster Dictionary defines millionaire as "a person whose wealth is estimated at a million or more (as of dollars or pounds)." Collins Dictionary says, "A millionaire is a very rich person who has money or property worth at least a million dollars." The term millionaire was first coined in the 17th century when there were only a few individuals who had amassed a net worth of a million dollars. Today there are millions of millionaires around the globe.  I remember reading something a few years ago about millionaires here in American - the majority of them have a net worth of between one and ten million dollars and are your typical next-door neighbors.

Be a Millionaire Day is celebrated on May 20 each year and honors the desire to be financially secure. There are many ways to celebrate today - take time to review your financial situation and future goals, open a savings account, set up regular contributions to a retirement plan, create a budget, etc.

Over the years, I've read numerous books on personal finance and Robbie and I use a budget and financial planner to help us progress toward our goals. I've even taught Dave Ramsey's Financial Peace University course to adults at church and teenagers at a private school. However, the first and best piece of advice that I give anyone who asks me about finances is found in the following scriptures:

"Bring all the tithes into the storehouse,
That there may be food in My house,
And try Me now in this,”
says the Lord of hosts,
“If I will not open for you the windows of heaven
And pour out for you such blessing
That there will not be room enough to receive it."
~Malachi 3:10~

"Give, and it will be given to you:
good measure, pressed down, shaken together,
and running over will be put into your bosom.
For with the same measure that you use,
it will be measured back to you.”
~Luke 6:38~

I believe wholeheartedly that we can never out give the Lord and following His command to tithe is the best thing anyone can do to increase their financial security! Many financial planners will recommend paying yourself first, but the Bible says, "Honor the Lord with your possessions, And with the firstfruits of all your increase; So your barns will be filled with plenty, And your vats will overflow with new wine." Tithe first, pay yourself second, then watch the Lord provide all you need with what's leftover!

How about you? What's your best financial advice for those seeking financial freedom?

2 comments:

  1. Sound advice Melissa. I say count your blessings first.

    ReplyDelete
  2. I had no idea there was a "be a millionaire day!" Maybe it's a good idea to dream--at least once a year--of being a millionaire!

    ReplyDelete

Thanks so much for your comment - it's like a ray of sunshine in my day!