Guide for saving, investing, and building wealth

My uncle, Duane Porch, has been putting together guides on managing money, building wealth, and investing. I have excerpted and edited from his work for this post.

Investing Philosophy

Where to spend your money…

Priorities: God, your family, and others.

• Charitably give time, talent, and treasures (e.g., 10% tithe, volunteer in the community)
• One gives freely yet grows all the richer; another withholds what he should give, and only suffers want. (Proverbs 11:24)
• Whoever brings blessing will be enriched, and one who waters will himself be watered. (Proverbs 11:25)

God has given us two hands – one to receive with and the other to give with. We are not
cisterns made for hoarding; we are channels made for sharing. – Rev. Billy Graham

Whoever has a bountiful eye will be blessed, for he shares his bread with the poor. (Prov. 22:9)

The best way to get rich quick is to get rich slow. When it comes to wealth building
perseverance wins. Sprinters do not. True wealth-building is hard, and it takes time. If wealth-
building were easy, everyone would be rich! It is rough, but once you get there, it puts you in a
position to bless others and to change your family tree. It is worth it to persevere. - Dave
Ramsey

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