Grace for Financial Provision

Guard yourself against the spirit of fear Fear can cause you to make decisions that can result in overspending by purchasing large quantities of supplies that you do not need. Also, fear can cause you to make premature financial decisions. Stay in faith and use wisdom. For God is not a God of confusion but of peace.

Review for Financial Position

Write out a plan for your income and expenses that is based upon your current financial situation for the next 30, 60, and 90 days. Habakkuk 2:2 tells us to write the vision and make it plain. In order to move forward during this time of uncertainty, you need to know what you are running with. Bishop Houpe has taught us to get the FACTS so you can cover it with TRUTH. What is the bottom line for your household? If your budget shows that your expenses are greater than your income, then those are the facts. Once you have the facts then you need to do the following things.

1. Hold up your budget and give it to God. If you are a tither, then you have this promise of God to lean on: God will rebuke the devourer for your sake.

2. Ask God to show you what is NEXT. Anytime that we are faced with a problem then God has the solutions. Jesus called the Holy Spirit the Helper. The Holy Spirit is the supernatural key to helping us close the natural GAP.

3. Great People: We have said that great people are ready to help us for years. Well, now it is your time to allow God to direct you to those great people who have the resources.

Adjust WANTS vs. NEEDS

Many times, situations like this afford you the opportunity to make adjustments that probably could have been made a long time ago. Be sure to review all your expenses and ask yourself if this a WANT or a NEED. You NEED to have a place to live whereas you might WANT to have 100 plus TV Channels. Review your membership and subscription expenses. Those items can be paused or canceled for a designated time period.

Communicate with lenders and creditors It can rain on the just and on the unjust. If you find that you are faced with layoff, termination, furlough or business closure, it is still important to be a person of integrity. Character is often built in the times of difficulty. When you know the facts show that you will not be able to pay by the due date then communicate this with your creditors.

Contact your mortgage company and creditors and inquire about various COVID19 Relief programs. If they provide you options to “Pay Later”, be sure to understand the following things about that program.

a. When will I have to pay?

b. Will I have to pay all missed months at one time?

c. How will this be reported to the credit bureau?

d. Are there fees and/or interest related to this program?

Exceedingly and Abundantly

We have declared Ephesians 3:20 over our finances and households frequently at Harvest Church. This is the time to make that confession move beyond mere words and tap into the 4th Dimension. COVID-19 appears to have changed many things, but it can NOT change the Word of God. The Word of God is true and God is our refuge, strength and a very present help in times of trouble. Stay in faith and look for the doors of opportunity that God will open for you.

-Marquita Miller-Joshua

Marquita Miller-Joshua is the owner of Five Star Tax Business Solution in addition to being an best-selling author and advocate for entrepreneurship as well as intrapreneurship.