Survive the Recession: Spiritual and Practical Tips to Find a Better Financial Future

By Idowu Kotila

The recession has led many to feel hopeless, but practical and spiritual solutions are within reach for those who truly want to find a more rewarding life.

By applying spiritual and practical principles, Idowu Kotila brings consolation to those who are confused and suffering. These solutions may start with God, but they end with the actions that people take.

Instead of relying on big government to solve your problems, its essential to plan for and react to a crisis. This book helps you

judiciously use your income;
avoid wasteful spending;
appropriately manage credit;
take care of your family.

Packed with powerful biblical verses, this book helps you move closer to God and transform your state of thinking and how you relate to others. When you make God a priority in your life, abundance is virtually guaranteed.

The recession is an opportunity to act. Take the necessary steps to get your spiritual and financial house in order, and reap the rewards as you Survive the Recession.

• Language: English
• Publisher: iUniverse
• Release date: Oct 6, 2010
• ISBN: 9781450236249

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Copyright © 2010, 2014 by Idowu Kotila.

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Because of the dynamic nature of the Internet, any Web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in this work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.

ISBN: 978-1-4502-3623-2 (sc)

ISBN: 978-1-4502-3625-6 (hc)

ISBN: 978-1-4502-3624-9 (e)

iUniverse rev. date: 01/28/2014

CONTENTS

Preface

Acknowledgements

Dedication

Foreword

Introduction

Foreword Possible Causes Of Economic Ressesion

Chapter One Financial Courtesy

Chapter Two Spiritual Principle Of Finance

Chapter Three God First

Chapter Four Healthy Living

Chapter Five No Excuse

Chapter Six Be Creative

Chapter Seven Stear Up The Gifts

Chapter Eight Focus On Opportunities

References

PREFACE

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T his book is written to serve as pacifier and a medium of encouragement and consolation for many people who are experiencing or in the process of experiencing depression, confusion, and hopelessness due to one reason or the other, most especially during the economy recession and family hard time. And to many people who never knew that, the solutions to their problems are within their reach, or who see solutions to their problems in just one direction or think that, human being but not God is the only solution to their problems, and to as many people who never aware that, there are opportunities in time of hardship, or never knew that Government is not the only solution to individual or family financial crisis, together with those who lack awareness that, not all what we have passion for that we need consultation for. This book is the best book to read.

This book will also serve as a guide on how to judiciously utilize our income without any wasteful spending. Helping people on how to cut short on family and individual monthly bills is one of the major reasons why this book is published. How to take care of our child education and other family contingencies without accumulating huge loads of debt for our family and generations to come is one of the important areas this book also meant to touch.

To as many people that think their present situations, jobs, career, location, gender, color, ethnics or family background is an excuse for not doing well; they need to check out this book.

Many people have one or more talents but not able to discover the talent that is in them, while some were able to discover their talents but not able to use it. This book is set to be a motivation and guide on how and what time is the best to use our talent. More also, this book is intending to let people know that the last penny of our family income means a lot when it comes to family finance.

How to eat well, improve our diets and pay less is another lesson that this book is intending to teach people. Secret to shop in large quantity with quality but pay less is in this book also. This book will also act as a revelation on how our diets can affect our health and finances.

This book will also touch the dimension of seeds, the principles guiding seed sowing and how our seeds can transform us from the state of poverty to prosperity. Some powerful biblical verses from and examples on how to use the Name, power and words of God as a weapon to conquer all our afflictions is included in this book.

Above all, after reading this book, I hope life will be more comfortable for confused, depressed and hopeless individuals.

All the Biblical verses were taken from King James Version. And some other information’s was gathered through web research and the personal findings by the authors.

ACKNOWLEDGEMENTS

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I acknowledge the effort of my father Late Chief Emmanuel Ayeni Kotila, My Mother Chief Mrs. Elizabeth Kotila and to my wonderful In-law Late Solomon Adesogan and Mrs. Iyabode Adesogan for their parental roles. Most importantly, to my Father in the Lord General Overseer Pastor E.O. Adeboye and his wife, and Pastor and Pastor Mrs. Emmanuel Olusola Olowokere of RCCG. Strong Tower Parish Minneapolis U.S.A., Pastor Bayo Adewole RCCG Jesus House Chicago. To Pastor Leke Sanusi, RCCG Victory House London, Pastor James Fadele Chairman,RCCG North America, Pastor Akanni RCCG Saint Paul USA, and to all anointed men and women of God who have one time minister word of encouragements to my life. Lawyer and Lawyer Mrs. Gbenga Agbaje (Ola-Olu PC, Bronx NY). Kazim Adeoti (Adekaz Production) and his Wife Olufunso Adeoti. Mr. Tola ogunleye, Mr. and Mrs. Olusogo Daramola, Dr. kayode Awosika and Dr. Ayo Adeniyi for their words of encouragement. To all my brothers, sisters, uncles and friends. For all who contribute to this work morally and in physical and all related web pages I consult to make this work successful.

I also value the prayer of all brethren in my congregation, RCCG Strong Tower Parish in Minneapolis USA.

Lastly, my acknowledgement will not be complete if I fail to mention my better half, and my jewel of inestimable value Kemisola Kotila who has always taken care of our three Kids when dad is busy burning a Night candle in the quiet room to make sure this book sees the light of the day. To all my God’s giving products, Hannah, Abisade and Adeteniola, You are so wonderful.

Above all, I send back all the Glory and honor unto the Lord. Thank you Lord.

DEDICATION

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I dedicate this book to my Lord Jesus Christ who makes this work possible. For my beautiful and the best Wife Kemisola Kotila and to my wonderful three children, Princess Hannah and Abisade, plus Prince Adeteniola Kotila.

FOREWORD

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T he recession has led many to become hopeless, jobless, homeless, and even very helpless both in the home front and in the community. During this time of economy distress, Nations, families and individuals are looking for practical ways to get solutions that will lead to financial breakthrough. I believe this is why the writer of this book feels the need to share the information in this book with those looking for answers to their economic challenges at such a time like this. As a Pastor who believes in the progress and well being of individuals, families and Nations, I know that most of the spiritual and practical principles contained in this book Survive Recession when applied, will bring solution to situation by the grace of the Living God.

This book focuses to help:

–  Avoid and guide against wasteful spending

–  Judiciously use our income

–  Take care of our family

–  Appropriately manage our credits

–  Teach people not to rely on government

–  Identify opportunity in time of recession.

This book is packed with biblical verses that will help strengthen your relationship with the Almighty God and also transform your view of life generally. Be blessed as you read Survive Recession!

Pastor Emmanuel S Olowokere

Zonal Coordinator, the Redeemed Christian Church of God,

MN–1 Zone USA

INTRODUCTION

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E conomic recession according to American heritage dictionary is the act of withdrawing or an extended moderate decline in general business activities. Long man American dictionary also define recession as a period of time when there is less business activities, trade, etc than usual. Recession period can be regarded as a period of lacks or shortfall in an individual’s life. Recession has been in existence for a long time. Even in the bible. But in the physical; this is a period when Economy of the world goes down. Stocks markets are not encouraging, people are losing their jobs, rate of foreclosures are on high side. Things are falling apart. This makes a lot of cities to be deserted. People are frustrated and depressed for losing their houses, jobs, stocks values and life savings. Economic recession is an agent of depression. Depression does not just affect an individual that are depressed, but also affects his environment. A lot of marriages are broken; people cannot afford what they suppose to have for their daily living. Kidnapping rates are of highest order. Lots of crimes are committed due to frustrations caused by the economic recession and hardship, because an idle hand is the devil’s workshop. Husbands and wives are killing themselves. Some parents are killing their children. Lots of ladies and teenagers are engaging themselves in prostitute acts in order to survive. Many manufacturers are not meeting their goals in terms of sales.

During the time of economic recession, majorities of the manufacturing companies are moving from developed countries and cities to underdeveloped countries where they can engage cheap labors, in returns, they bring their finished products to developed countries or cities where they hope to market these products. But unfortunately, there were no market for these products, because most of the people living in these projected marketing regions are either jobless, homeless or at the point of losing their homes, and lost most of their life saving. Fraudulent acts are of highest order. There is lack of thrust in the mind of everybody. Values of currencies are depreciating. Governments find it difficult to provide basic amenities like affordable health care, infrastructures and educations for their citizenry. Gas price rose to highest records in history. Monthly utility bills rises. Both properties and sales taxes were also increased. Most of the benefits and programs due for both able, disable and elderly citizens are cut, while some are cancelled completely due to lack of funds from governments. Medical bills are rising. This made it difficult for many people to complete doses of their prescription drugs and accessible to proper medical care. Rate of people living on unemployment benefits are increasing every day. Employers are cutting more hours daily. Numbers of people living in shelters are increasing. Many Elementary and High schools are either merged together or closed down because of lack of fund. Rate of bankruptcy are higher than ever before. Individuals, small and large companies with big corporations find it difficult to get credits from banks and other financial institutions due to the fact that, they were experiencing the most terrible decline in Fico Credit Scores in history. Some of the financial giants, companies, corporations, airliners and automobile industries are filling bankruptcy. This led to many insurance companies insured them to close down. Majority of the stores in malls and streets are closed down. Shops or spaces for lease or rent signs are common around the cities. Most of the stores available find it so hard to make sales. It is a common practice among the existing stores to organize what consumers call crazy sales in terms of clearance for price reduction to attract their customers in order to make sales at the expense of the profits they projected to make on these sales. Lack of good diets during economic recession help increases the level of various diseases and sickness among the people. For examples, it is common for anybody with malnutrition to developed kwashiorkor, body rash, stomach upset and susceptible to some other sickness. Likewise it is very easy for people who lost their jobs, houses and their entire life savings with huge bills to pay to developed hypertension which in deed is the root cause of stroke or cardiac arrest. No wonder many people now died suddenly from unknown cause.

FOREWORD

POSSIBLE CAUSES OF ECONOMIC RESSESION

E conomic recession does not just come suddenly over night. It has started for years or months ago. Many countries have been hits by the economic recession for long time ago, but the impacts were not felt by some until the recession spread globally. The genesis of the global economic recession that every nation is experiencing now has to do with the simple fact that American economy is badly affected with the economic meltdown. More also American dollars is the units of measures in the global markets against every other currency in the world today. Among the possible causes of recession are misappropriations of public funds and greed by those in the seats of power. Spending on so many unprofitable projects and bad Governmental policies are also known to be part of the root causes or foundation of economic recession. Recession can also come to place when the expenditure of a particular country is more than the income. This can lead to budget deficit whereby Government borrows money from other countries or organizations to finance budgets. Countries that cultivate the habits of financing its country or other countries projects with the borrowed funds are also subjected to economic