a little on economics

I am observing a trend towards higher gas prices this spring. I can't see them getting to $3 a gallon this year, but $2.40 is not out of the question.

The economy is still dragging, and will for some time in the future. Obama is inheriting a lethargic economy that will thwart any and all efforts to get it moving. At least at first. Some months down the line (I still think it will be after 2010) things will get moving again. What we, as a nation do will not change the time line that much - but will ultimately decide if the economy roars back to life with the US leading the world into prosperity, or the world leading us into ruin.

So what is a person to do? The same as always. Before the crash and after the crash, the same five principles are the ones to remember. (The Bible has many passages about money, and many more that only seem to be about money, but all of the ones about money can be summed up 98% accurately by these five rules)

1. Work industriously.
This can mean working to get ahead in your job, or
working towards getting a better job.
2. Live frugally.
You can never really know how frugal you need to be,
unless you realise hot water, central heat, and AC are
luxuries (at least in 80% of the coutry)
3. Give generously.
It is always up to you to decide how generously.
God loves a cheerful giver.
(Should be kept in balance with number 4)
4. Save methodically.
This could mean anything from squirrelling something
away for a rainy day, to rolling over your 401k and
keeping your real estate holdings profitable.
All depends on your station in life.
(Should be in balance with number 3 however.)
5. Most importantly, leave the results to God.
Life is an endeavor where you can do everything
right and still wind up broke.
But faith teaches that our true rewards are in the afterlife.