Hollie Atkinson's column appears in the Marshall
News Messenger every Saturday morning.

July 19, 2003

The radio preacher intoned, "If you think it is hard for the rich to get into heaven, think how hard it is for the poor...the best thing you can do for the poor is not to be one of them." He then went on to tell us that we (his radio audience) could avoid the ravages of poverty by sending him a "good" offering where upon God would return the gift ten fold.

That started me thinking. Are there some things which families might do that would lessen the likelihood that they would fall below the poverty line? I think there are. There are no guarantees when it comes to the matter of family finances. Health and economic downturn can move a family into poverty overnight. But there are some things that families can do that will lessen the likelihood of their living in poverty.

The first thing that comes to mind is "Don t send money to radio preachers or charities about whom you know nothing except what they tell you over the air or in printed publicity." If you want to support a ministry with your gifts, first ask for a financial statement to see how your money will be spent. Several years ago the "PTL Club" appealed for funds to help with their ministry to unwed mothers and it came to light that less than 10 % of the donations actually helped young women who had an unwanted pregnancy.

A second thing is "Be careful about using credit." Pay attention to the amount of interest that is being charged. It is probably a good rule-of-thumb to try to avoid paying interest for soft items - items that soon used up. This calls for the discipline of delayed gratification. The lack of this discipline has gotten many young families so deeply in debt that most of their paycheck goes to pay for things that are already used up or worn out.

Make it your goal to live on less than what you make. Make saving a priority. Don t let your savings be used for things you want. Dedicate them for family emergencies.

And finally, I share some wisdom I picked up in an article by Dr. James Q. Wilson, Ronald Reagan Professor of Public Policy at Pepperdine University in California - A. Finish high school, B. Marry before having a child, and C. Do not marry until after the age of 20.

According to Dr. Wilson, only 8 % of the young people who adhere to A, B, and C, end up living below the poverty line. Seventy-nine percent (79 %), however, who drop out of high school, have children out of wedlock, and marry before they are 20 end up struggling in the trap of poverty most of their lives. This is wisdom that my readers who are grandparent need to share with their grandchildren.

My point is that people make choices and there are financial consequences, for good or bad, to many of the choices we make. We can change our choices, but we cannot change the consequences.

Some choices we make, unfortunately, are made at an age when we are not equipped to appreciate the consequences that will be played out for years to come. That is why teenagers come equipped with parents, grandparents, and extended family. They have been down the road.
 

 

 


These columns can be copied for individual use but not for profit or reprint.
© Hollie Atkinson 2001

 

Go home    Church Ministries    Family Ministries    Contact Us    Families Matter Columns 
Reading List for Healthy Families    Reading List for Children    Family Links