I heard on the television today that one needs to take inventory of their own circumstances. There were 3 catagories that they listed. They were--necessities, needs, and wants. The necessities were food, clothing and shelter. This was the pattern our family followed.
Many things that would be nice to have, really were not necessary. We learned that needs and wants were not the same. During those years, we learned fast the difference.
Last night we viewed on television the PBS special about the Stock Market Crash of 1929. It put us in a sombering mood, what transpired during those years. I was 3 years old and didn't know what was going on. However, if you were older and witnessed this, you probably wouldn't forget it.
My dad and mother lost a farm during these years. They had their farm more than half paid for and after the crash, it wasn't worth what they still owed on it. They couldn't make the payments because crops went down to 10 cents a bushel on corn and drought hit the land. With these prices, one couldn't pay the payments. This happened all over America. They made the decision to let it go back before they foreclosed. However, if they had put that money in the bank instead of purchasing a farm, they would have lost it anyway. It was a lose-lose situation. As a family we survived but knew what wants and needs were all about. We still lived in the home on the farm we rented.
There was a quick comeback and dad purchased a farm adjacent to the farm he lost and paid for it in several years.
Wisdom for the day--Philippians 4:19 "But my God shall supply all your need according to his riches in glory by Christ Jesus." Note that it says all your "need".
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