April 13th Daily Devotion

A GIFT TO GIVE TO YOUR CHILDREN AND GRANDCHILDREN
(Forwarded from Rev. Dr. Gerald Kieschnick’s Perspectives with his permission)  

Volume XVII Number 25 – November 20, 2025 

Financial Advice for Any Age  Terry and I have been traveling the past five days. My self-imposed Perspectives deadline came quickly. So I decided to share with you today some words of wisdom I saw a while ago:  Financial Advice I Wish I Had Gotten at Age 20:  

1. Start investing early. Compound interest is magic.  
2. Live below your means, not just within them.  
3. Build an emergency fund before you need it.  
4. Credit cards aren’t free money. Pay them in full every month.  
5. Automate savings to build wealth without thinking.  
6. Avoid lifestyle creep. Stay humble. Stack assets.  
7. Track every dollar. You can’t manage what you don’t measure.  
8. Learn to say “no” — that discipline builds freedom.  
9. Kill debt fast. It’s stealing your future.  
10. Spend on assets, not appearances.  
11. A high income means nothing if your expenses are higher.  
12. Time in the market beats timing the market.  
13. Build multiple income streams, not just a job.  
14. Give 10%. Save 10%. Live on the remaining 80%.  
15. Your 20s are for building, not for impressing.  

Many folks don’t discover these bits of wisdom at age 20 … maybe not even at age 40 … or perhaps not even till age 60. I pray this advice will be helpful for all my readers, young and old alike.  

It’s never too late to start managing wisely the resources entrusted to us by our Heavenly Father, whether our blessings are relatively meager or remarkably abundant. 

Regardless of what we have or the age at which we begin, we do well to heed sound financial advice.    

Dr. Gerald B. "Jerry" Kieschnick | GBKies@gmail.com

Opinions in Perspectives are the author's and do not necessarily reflect the position of any group or organization.