First, you’ll want to set aside 100,000 yen in case of an emergency, such as a car accident or the loss of your phone. This is also a good time to reconsider how you are using your credit card and whether you should purchase insurance for emergencies.

In other words, this is the time when you should try to shift your way of thinking from “I’ll get by somehow” to “I need to do my best to make sure my loved ones are taken care of in case something happens”.

Often, the only options for people who think they can get by without a plan are either credit cards, debt, or aid from relatives. In these cases, we’re actually relying on outside intervention and are not actually doing anything about the problem itself. Instead of building wealth, that person finds themselves at a constant financial disadvantage.

One of the themes in this series is “to be faithful to what God has given us,” right? If we are wise and faithful stewards of our finances, if we don’t waste money and do the best we can now to prepare for the future, then God (not credit cards) will eventually take care of whatever situation arises.

The wise store up choice food and olive oil, but fools gulp theirs down.
Proverbs 21:20 NIV

This step is also a step of faith, as a faithful administrator.　

Set aside 100,000 yen in case of emergency! It’s a relatively straightforward thing you can do to prepare for your future.

Reconsider your credit card usage, and if you are unable to stop yourself from overspending, cut up the cards!

If you’ve never considered getting insurance before, then I strongly advise you and your spouse to take a serious look at doing so. (You can take a look at this link for more info!)

I sincerely hope that you will be able to live generously in your financial freedom. Now on to step three!

And be sure to check out the videos in this series in the link below!
https://youtu.be/VyD4uA_DS30