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    Why It’s Important to Save Money and Invest in Your Future

    If you’ve decided to go to college, you’re already investing in your future. You may not see the results of your current decision and may be feeling like the short-term, semester-to-semester life is long and hard, but it will eventually pay off. The long-term goals we have are not as easy to achieve, because we cannot see their benefits until longer down the road.

    “Savings accounts are the most basic banking accounts—a place to park your cash and draw interest.” —Jeff D. Opdyke, The Wall Street Journal Complete Personal Finance Guidebook

    When it comes to money, having a savings account, a CD (certificate of deposit) and a checking account are important, but you’ll also want to start investing money for your eventual retirement. When you open a Roth IRA account, it opens you up to investments and how to save without being tempted to withdraw funds (because you’re not allowed to withdraw the money before retirement age). You’re also accruing interest long term. With Roth accounts, you’re able to invest in even high-risk investments because by the time you withdraw the funds at retirement, you’ll have already made the money back if heaven forbid there was another financial crash in the market.


    What Is a Roth IRA?

    “A Roth IRA is a special retirement account that you fund with post-tax income (you can’t deduct your contributions on your income taxes). Once you have done this, all future withdrawals that follow Roth IRA regulations are tax free.” [Source: rothira.com]

    What we need to be doing is seeking God first in all areas of our lives, which includes finances. We should consider putting our first 10 percent off the top of our income to the Kingdom and anything additional as a sacrificial offering, or whatever God puts on our heart to give with what we have been entrusted. Next, we should pray about whether we need to open a savings, a CD account (for when you have more to invest or save) or Roth IRA account, and really make sure we start looking at this in a wise manner.

    We all have different interests, goals and even burdens with things we want to take care of or even pay off. You may need to pay off a car loan or student loan, or you may be investing in a home at this age. The important thing is to really invest in the future you while putting God and the church first and helping others. Finances can be stressful for some people, but they don’t have to be if we follow the instructions the Lord gives us in the Word.


    If there is a poor man among your brothers in any of the towns of the land that the LORD your God is giving you, do not be hardhearted or tightfisted toward your poor brother. Rather be openhanded and freely lend him whatever he needs. (Deuteronomy 15:7-8)

    Make an offering of ten percent, a tithe, of all the produce which grows in your fields year after year. Bring this into the Presence of God, your God, at the place he designates for worship and there eat the tithe from your grain, wine, and oil and the firstborn from your herds and flocks. In this way you will learn to live in deep reverence before God, your God, as long as you live. (Deuteronomy 14:22-23)


    We all have to make a decision to invest in the long term, which, in the short term or present, doesn’t always feel good. Investing in your future is a sacrifice now, but it is wise.

    Recently, a friend of mine took the Dave Ramsey financial course and I am interested in doing it as well. If you would like to learn more about being a better steward of your finances, go to the Dave Ramsey website here.

    If you feel overwhelmed about saving for the future, take a big, deep breath and know you are not alone. Think of ways you can cut back on spending, whether that’s on restaurants or lattes, and really challenge yourself to be the best version of yourself in this area. We all can always improve and can grow to become smarter investors while becoming debt free.

    PI Girls, do you tithe and do you have a savings or retirement account?


    [Sources: banx.com, bankofamerica.com/deposits/bank-cds/cd-accounts]

    Christi Given
    Christi Givenhttp://www.christigiven.com
    Christi Given is a former Trinity Broadcasting Network host for the JUCE TV NETWORK, and has been featured on the Hillsong Channel. Her passion is to reach the youth with the Gospel and her music. Given has been writing for Project Inspired since 2011, and hopes to encourage the younger generation in their faith.


    1. Love this! It is so, so important to make wise decisions and trust God with what you have. Easier said than done sometimes, but trusting God always proves to be more valuable than the other option! Praying I make good, wise choices.

    Project Inspired

    We here at Project Inspired want to guide and inspire teen girls to be true to themselves and to God. We want to show young girls how to be people of value and confidence – how to be your own best selves – through leading a Christian life. Who are we? We're a team of girls, like you. We edit the site, we post to social media, we hang out in the chat rooms and forums. We talk with you, we listen to you, and we love you!

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