The Johnsons, who tithe 10% of their income to their church, have managed to live within their means without forgoing charity. â€œFor us, the key to financial prosperity is adhering to the biblical command to be a good steward of our moneyâ€”including supporting our church and community while still maintaining a frugal lifestyle,â€ says Terry.
What you can do: If you tithe or donate money to an organization or charity, include that as part of your budget. Figure out an amount or percentage youâ€™re comfortable with and donâ€™t exceed it. Or, if youâ€™re on a really tight budget, find free ways to help such as volunteering your time or donating rewards points.