One of the nastiest high-side crashes I ever had was with my finances. Nikki and I came together without a real plan for our money. So it went where it wanted. We would spend everything we made and use credit cards to spend more. With just 2 people, we somehow made it 2 ½ years like that. To be honest: it was kind of fun. We bought whatever we wanted. We were both used to having expendable income since we had not lived on our own prior to getting married. So the same lifestyle we had while dating continued into married life.
All that came crashing down once we had Sheridan. Now we had the cost of formula, diapers, baby clothes, and supplies not to mention $75/week for childcare. But again, we had no plan for how we were going to cover the extra expenses. So the money continued to go wherever it wanted.
It was February 2005. I can still remember the moment I logged in to our bank account online and saw the balance. There was $45 in the account with still over a week before payday. Formula for the week itself cost $50. Not to mention the babysitter had to be paid and groceries had to be purchased. My heart sank. The weight of responsibility came down hard and I crashed. It was ugly. It was in that moment that I felt like a complete failure as a husband, father, and leader of our home.
I was scared because I felt helpless and hopeless. How was I going to tell Nikki this? When you feel like you’re in a pit, all you can see around you is darkness. But there’s light when you look up. In that moment of brokenness, all I could do was pray. After I prayed, it’s like God brought something to mind. I had a friend that had told me about reading a book by Dave Ramsey about money management. So that week I went to the library and borrowed the book “Total Money Makeover” and immediately began to read it. It was a life-changing moment! I learned that I can tell my money where to go. I could actually win with our finances. The start is difficult because you have to get all your bills and debt together and it was only then that I realized how deep we really were. But the first step was to get a plan, a monthly budget, to start managing God’s resources. (Because that’s really what our income is: God’s income that we are called to manage wisely.) So that’s what we did.
At church the following Sunday, I can remember getting on my knees and praying this prayer: “God, it wasn’t your fault that I got into this but I have to have Your help to get out.” A weight was lifted. Now, 4 years later, we’re still doing the monthly budget, paid down all of our credit card debt, working hard to finish off student loans, and we’re able to give more than ever to our local church. It hasn’t always been easy. There have been some sacrifices but we have a plan now. And just like how it always is with God’s principles, a plan gives you so much freedom! Now we’re just working toward our goal of being completely debt free. I give all glory to God because He brought me through it.
In what area do you still feel the sting of a bad crash? God can help you get back up and back on track. But we have to lay it down at His feet. Whatever it is: broken relationships, finances, something you did in your past, He wants to help you back up again and back on your way to the finish line. Just pray and give it to Him.