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Posts tagged with: setting kids up for success

Commitment to Tithing

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I found a church I like here in Austin earlier in the summer. Although I continued to visit other churches that were closer to me, I really fell in love with this church. And now I can’t stand to miss a service.

And the best thing to me, or two best things to me, are 1) it’s super casual. I don’t have to even think about what I wear. Outside of them keeping the building freezing cold, I can wear whatever and no one looks at me sideways. This has always been a HUGE thing for me. Since I was a child. I have always hated “dressing” up. Like HATE!

And 2) they have Saturday service. I’ve never been to a church that had service any other day of the week, but this one has 2 services on Saturdays and 3 services on Sundays. And I absolutely LOVE going to church on Saturday afternoon.

I joined a small group during the summer. And then I began leading a small group in the fall. Continuing in both this winter/spring as well.

All that to say…

Tithing 10%

Last month, they did a whole series on giving. I think most churches do it every year as a lead into the year end giving drive. I’ve never really paid attention to it. Certainly never felt convicted to give.

And gave up donating and tithing pretty readily soon as I started writing here with the excuse that that money needed to go toward debt instead. Which in theory, might have been right, but the reality is, it didn’t. I spent it. Not wisely.

But that is the past, and this is the 2026 version of Hope. And I learned alot during my church’s end of the year series on giving. And was convicted that I need to start tithing again.

image representing tithing - dollar bill being put into cross cut out like a piggy bank

All in…so starting immediately. This year. I will be giving 10% of all income to my church.

Do you give? Tithing regularly or just when you are asked? Or feel like it?

What Everyone Should Know About Bankruptcy in the U.S.

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Bankruptcy can be a daunting and emotionally charged concept, especially when faced with the reality of insurmountable debt. The thought of declaring bankruptcy often brings feelings of shame, fear, and uncertainty about the future. However, understanding bankruptcy is not only important—it can be a lifeline for anyone struggling to manage overwhelming financial obligations in the United States. This guide aims to clarify the bankruptcy process, explore the intricacies of filing, and provide essential strategies for managing debt before and after bankruptcy.

Understanding the Financial Context of Bankruptcy

The numbers behind bankruptcy in the U.S. reveal the widespread financial stress many Americans experience. In 2022 alone, the Administrative Office of the U.S. Courts reported 387,721 bankruptcy filings, reflecting a significant portion of the population seeking relief from unmanageable debt. These figures underscore how common financial struggles are and highlight the importance of understanding the options available for debt relief.

Many individuals facing financial difficulties delay filing for bankruptcy for up to two years after their initial financial burdens emerge. During this period, debts can quickly accumulate due to compounding interest, late fees, and penalties. Credit card balances, medical bills, personal loans, and other financial obligations often grow faster than the individual’s ability to pay them, creating a cycle of escalating debt. Recognizing the signs of financial distress early and understanding bankruptcy options can offer strategic advantages that prevent the situation from worsening.

Choosing Between Chapter 7 and Chapter 13 Bankruptcy

In the U.S., there are two primary types of consumer bankruptcy: Chapter 7 and Chapter 13, each designed to address different financial circumstances.

Choosing the right type of bankruptcy is crucial, as each option has unique advantages and implications for the debtor’s financial future. For example, an individual with a predictable monthly income and valuable assets might benefit from Chapter 13 to protect their property while systematically repaying debts. On the other hand, someone facing overwhelming unsecured debt, such as credit card balances or medical bills, with little or no income may find Chapter 7 to be the more effective route.

Forbes notes that the decision between Chapter 7 and Chapter 13 should be guided by one’s current financial situation, income stability, long-term goals, and the types of debt involved. Consulting with a qualified bankruptcy attorney can provide invaluable guidance, helping individuals navigate the filing process and make informed decisions.

Practical Steps Towards Financial Recovery

Filing for bankruptcy is not the end of the road—it is often the first step toward financial recovery. After bankruptcy, individuals are presented with a fresh start and an opportunity to rebuild their financial health. However, this requires careful planning, discipline, and strategic decision-making.

Addressing debt after bankruptcy begins with budgeting and prioritizing expenses. Establishing a realistic monthly budget, focusing on essential needs, and avoiding the accumulation of new debt are critical first steps. Individuals should also consider creating an emergency fund to cover unexpected expenses, preventing a relapse into financial distress.

Timing is a critical factor in bankruptcy decisions. According to CBS News, most people don’t file until 18 to 24 months after they’ve incurred financial hardship. By knowing when to act, individuals can take advantage of legal protections, stop creditor harassment, and begin rebuilding their financial foundation sooner. Awareness of your rights and responsibilities is key to navigating this complex legal landscape effectively.

Financial counseling and planning are often instrumental in helping individuals rebuild their credit and regain financial independence. Credit repair strategies, responsible use of credit cards, and timely bill payments can gradually restore creditworthiness. Developing healthy financial habits, such as tracking expenses and setting savings goals, is key to maintaining long-term stability.

Bankruptcy also provides an opportunity to reflect on past financial decisions and adopt a more proactive approach to money management. Many individuals find that learning from prior mistakes, seeking professional guidance, and committing to financial education are crucial elements in avoiding future debt problems.

Understanding bankruptcy and its implications is essential for addressing financial challenges caused by overwhelming debt. Awareness of different bankruptcy options, proper timing of filing, and careful planning for post-bankruptcy recovery can significantly impact an individual’s financial trajectory. By approaching bankruptcy with knowledge and strategic planning, individuals can move beyond debt, regain control of their finances, and work toward a healthier and more secure financial future.

Bankruptcy is not a failure—it is a tool designed to provide relief and offer a second chance. With the right information and support, it can serve as a stepping stone to financial stability, offering individuals the opportunity to start fresh, make informed decisions, and ultimately achieve lasting financial well-being.

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