The American Savings Rate (for the average family) dropped to the lowest rate since the great depression last year, and this comes two years before the baby boom moves into retirement!!!
So what does this mean for your family's finances? Only one thing. Obey God. Study the Proverbs. Teach your children God's economic principles. The debtor is servant to the lender. And a few other things. This discussion is vital to anybody who has a vision for the future, beyond the matter of what we're having for dinner tonight, that is.
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Kevin Swanson has served as elder and pastor of Reformation Church, OPC since its inception. Kevin was raised on the mission field in Japan in the 1960's and 1970's. Together with his wife Brenda, they are bringing up five children in the nurture and admonition of the Lord....