Originally posted in 2013. Read the series so far.
Perhaps the reader has heard the oft-repeated maxim, “Pay yourself first.” “Pay yourself first” simply means to save first—sometimes at a recommended rate of 10%—and use the remainder for spending. Forbes calls “pay yourself first” “the most important rule for a comfortable retirement.” Investopedia notes that “some financial professionals even go so far as to call ‘pay yourself first’ the golden rule of personal finance.”
The Word of God disabuses this maxim. Indeed we are to give to the Lord first as taught in verses such as: