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Footsteps 57

MANAGING MONEY

Photo: Richard Hanson/Tearfund

Talking about money often proves very sensitive. The way we manage what money we have is very personal. Though we all depend on money to live, we rarely receive much training or advice in managing it. We learn through experience and sometimes make painful mistakes. Despite the fact that the Bible talks more about money and possessions than almost any other subject, personal financial stewardship is rarely taught in churches. Jesus does not promise us wealth, but does promise us peace if we trust in him.

In this issue, we try to provide some practical help in managing money, both within our families and within small organisations

Please find below articles from Footsteps issue 57 in html.

To download a pdf version of Footsteps issue 57 click here (652K).

Bible study A challenging role. King David had long planned to build a temple for God where the ark of the covenant could rest and where people could come to worship. However, God told him that it would be his son, Solomon, who would build the temple. Read 1 ... More >>

Cambodian savings banks by Craig Greenfield. For the poorest people in Cambodia, life is full of uncertainty. They typically have several possible sources of income. On a good day they will make enough to feed the family. Other days they go hungry or may be forced to take... More >>

Corruption in our societies Today, in Latin America as elsewhere, greed and corruption allow huge amounts of money to fall into the hands of just a few people, while most people become increasingly poor. Today, we are so used to corruption at every level that we may no longer... More >>

Does money matter? by Keith Tondeur. Managing money is never easy. Families on low or uncertain incomes often struggle to cope with payments such as school fees or healthcare. We often live in societies where articles and advertisements on the radio and TV, or in news... More >>

Editorial Talking about money often proves very sensitive. The way we manage what money we have is very personal. Though we all depend on money to live, we rarely receive much training or advice in managing it. We learn through experience and sometimes make pa... More >>

Letters Alcohol Alcohol is a product of amazing versatility. It removes stains from designer clothes. It will also remove the clothes from off your back. If used in sufficient quantities, alcohol will remove: furniture from the home, rugs from the floor,... More >>

Managing cash flow by John Cammack. Many of us have experienced the situation where we have a bill to pay, but we do not have enough money to pay it until we receive money owed to us. As individuals, we can generally keep these details in our head, but this is not po... More >>

Mango’s financial ‘health check’ Money is essential to every organisation. All organisations or businesses have to look after their money carefully. That means using good financial management. Here is a simple ‘health check’ on basic financial systems and budgeting. This check wil... More >>

Minoti's story Minoti’s story: The impact of HEED’s Micro Finance Programme by Elgin Saha. Recently, I attended a one day training seminar for elected female representatives in Fakirhat Thana Nirbahi in the south of Bangladesh. HEED has organised a number of wo... More >>

Plastic bag sealer Usually, the best packaging materials are those which are natural and can be recycled. But when these cannot be used, plastic bags may be the best choice. This simple tool is ideal for small businesses. It can be used to package food, clothing or cra... More >>

Rebuilding after conflict Land, livestock, roads and services are often destroyed during armed conflict or natural disasters. Farmers need to know what kind of action they can take to rebuild their farms and businesses. Recovering from these crises is easier when people share... More >>

Resources Basic Accounting for Small Groups by John Cammack This is a second edition (2003) of this very useful and practical book. It is a plain-language, step-by-step guide to basic accounting and financial management techniques. Two imaginary case studies... More >>

What is the impact of our work? by Simon Batchelor. Impact can be defined as significant or lasting change as a result of a particular action or series of actions. Understanding impact Talking about impact involves much more than just talking about what we have done or the tasks... More >>

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