November 15 2015 Managing My Money

MANAGING MY MONEY

Wiser- Part 5 of 8

FIVE FOUNDATIONS FOR FINANCIAL FREEDOM

Rule #1: Keep Good Records

Proverbs 23:23 (LB)"Riches can disappear fast ... so watch your business interests closely. Know the state of your flocks.  "

Proverbs 23:23 (LB)"Get the facts at any price!"

Rule #2: Plan Your spending

Proverbs 21:5 (GN) Plan carefully  and you will have plenty; if you act too quick, you will never have enough.  "

Proverbs 21:20 (GN)". . . stupid people spend their money as fast as they get it.  "

Rule #3: Save For the Future

Proverbs 21:20a (LB)"The wise man  saves for the future. . . "

Proverbs 13: 11 (Jerusalem Bible) "He grows rich who accumulates little by little.              

Rule #4: Enjoy What your already have

Proverbs 21:17 (Good News) "Indulging in luxuries, wine and rich food will never make you wealthy. 

Hebrews 13:5 "Be content with what you have. .  

Rule #5: Give At least 10% back to God

Memory Verse: Proverbs 3:9-10 (LB) "Honor the Lord by giving Him the first part  of all your income and He will fill  your barns to overflow. 

Proverbs 10: 16 (Living Bible) "The good man's earnings advance  the cause of righteousness. 

Proverbs 22:9 "A generous man will leave God's blessings.  

Isaiah 55:2  Why spend money on what does not satisfy. "

January 11 2015 Getting Unstuck In My Finances

GETTING UNSTUCK IN MY FINANCES

Owe nothing to anyone except love.” -Romans 13:8

Debt Danger Signs

• Living on credit instead of PAYING CASH.
• Delaying payments or paying THE MINIMUM DUE.
• Unable to TITHE or SAVE.
• Extravagant Spending
• Looking for GET RICH QUICK SCHEMES.

NINE STEPS OUT TO BECOMING DEBT FREE

1. COMMIT TO BECOMING DEBT FREE NOW!

“The wicked borrow and never repay, but the godly are generous givers.”- Psalm 37:21

2. LIST ALL I OWN & ALL I OWE.

“By wisdom a house is built, and through understanding it is established.”- Proverbs 24:3

3. HAVE A SALE!

“Get rid of your idols...”- Ezekiel 20:7

4. START PAYING GOD & YOURSELF FIRST.

Mathew 3:8-11, Proverbs 3:9-10, 1 Corinthians 16:1-2 - Tithing & Saving

“The purpose of tithing is to teach you always to put God first in your lives.”- Deuteronomy 14:23

Definition of UnStuck: Moving forward in my life because I am willing to give God complete control.

5. SET UP A REPAYMENT PLAN.

“Good planning and hard work lead to prosperity…’’- Proverbs 21:5

“Get advice if you want your plans to work.” - Proverbs 20:18

6. DECIDE TO DO IT IN HALF THE TIME!

“What is impossible from a human perspective is possible with God.” - Luke 18:27

7. SHARE MY PLAN WITH MY MY CREDITORS.

“When the ways of people please the LORD, he makes even their enemies live at peace with them.”- Proverbs 16:7

8. ADD NO NEW DEBT!

“Be satisfied with what you have. . .”- Hebrews 13:5

9. STICK TO IT AND TRUST GOD!

Memory Verse: “Let us not get tired of doing what is right, for after a while we will reap a harvest of blessing if we don’t get discouraged and give up.”- Galatians 6:9

“We owed a debt because we broke God’s laws. That debt listed all the rules we failed to follow. But God forgave us and took away that debt and nailed it to the cross.”- Colossians 2:14

August 3 2014 My Finances

My Finances

Matthew 11:28 “Then Jesus said, ‘Come to me, all of you who are weary and carry heavy burdens, and I will give you rest.’”

Proverbs 9:6 “Leave your foolish ways behind, and begin to live; learn how to be wise.”

TO MOVE FROM STRESS TO REST IN MY FINANCES

1. I LIVE DEBT FREE

Proverbs 22:7 “The rich rule over the poor, and the borrower is slave to the lender.”

Recommended Resource: "The Total Money Makeover", by Dave Ramsey

2. I SET ASIDE THREE TO SIX MONTHS OF LIVING EXPENSES IN SAVINGS

Proverbs 21:5 “Plan carefully and you will have plenty; if you act too quickly you will never have enough.”

Proverbs 21:20 “……stupid people spend their money as fast as they get it.”

3. I return 10% of my income to God

Malachi 3:8-10 “Will a man rob God? Yet you rob me. But you ask, ‘How do we rob you?’ In tithes and offerings. You are under a curse - the whole nation of you - because you are robbing me. Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,’ says the LORD Almighty, ‘and see if I will not throw open the floodgates of heaven and pour out so much blessing that you will not have room enough for it.’”

Matthew 23:23 (Jesus) “Yes, you should tithe, and you shouldn’t leave the more important things undone either.”

4. I BUILD wealth for God's glory

Proverbs 21:5 Good planning and hard work lead to prosperity...”

Proverbs 21:20“The wise have wealth and luxury, but fools spend whatever they get.”

February 17 2013 Keeping Your Peace Of Mind While Getting Ahead

KEEPING YOUR PEACE OF MIND WHILE GETTING AHEAD
Exodus 20:15 - You shall not steal.
Proverbs. 10:2 - Ill gotten gain brings no lasting happiness, but right living does.

I. Wrong ways to get ahead:

1. Dishonesty.
Proverbs 16:11 - The Lord wants weights and measures to be honest and every sale to be fair.
Proverbs 20:14 - It’s no good: It’s no good, says the buyer, then off he goes and boasts about his purchase.

2. Defrauding people.
Leviticus 19:13 - Don’t hold back the wages of a hired man overnight.
Colossians 3:22 - Obey your human masters, not only when they are watching you because you want their favor, but do it with a sincere heart in reverence for the Lord.

3. Getting ahead by default.
Romans 13:8 - Let no debt remain outstanding.
Psalm 37:21 - The wicked borrow and do not repay.

4. Depending on luck.
Proverbs 28:20 & 22 - The man who wants to get rich quick will quickly fail. Trying to get rich quick is evil and leads to poverty.
Proverbs 28:19 - He who works his land will have abundant food, but the one who chases fantasies will end in poverty.

5. Dishonoring others.
Proverbs 10:18 - Whoever spreads slander is a fool.

II. The right way to get ahead:

1. Hard work.
Proverbs 14:23 - Hard work brings a profit, but mere talk leads only to poverty.

2. Saving and investing.
Proverbs 21:5 - The wise man saves for the future, but the foolish man spends all he can get.
Proverbs 13:11 - Dishonest money dwindles away, but he who gathers little by little makes it grow.

3. Praying.
Matthew 7:11 - If you being evil know how to give good gifts to your children, how much more will your Father in heaven give good gifts to those who ask Him.

4. Giving.
Proverbs 11:24-25 - Be generous and you will be prosperous. Help others and you will be helped.

III. Peace of mind while getting ahead:

• Be honest with people.
Proverbs 15:27 & 19:1

• Be honest with the government.
Romans 13:7, Matthew 22:21

• Be honest with God.
MalachI 3:8-10

Septermber 9 2012 How To Be Wise With Your Wealth

HOW TO BE WISE WITH YOUR WEALTH
James 5:1-6

God is not opposed to wealth. Many of the greatest believers in the Bible were wealthy. But God is opposed to the misuse and abuse of wealth. James deals with “The Four Key Aspects of Wealth.”

I. The wrong uses of wealth -- avoid these!!!!

Issue # 1: The Accumulation of Wealth

Don’t hoard it.

Vs. 3 - You have hoarded wealth in the last days.

Results: (Vss 2-3)

Your wealth has rotted.

Moths have eaten your clothes.

Your gold and silver are corroded.

Whatever I accumulate will deteriorate.

Issue #2: The Appropriation of Wealth

Don’t steal it.

Vs. 4 - The wages you have failed to pay the workmen who mowed your fields are crying out against you.


Issue #3: The Allocation of Wealth
Don’t waste your money.

Vs. 5 - You have lived on earth in luxury and self-indulgence.

Issue #4: The Application of Wealth.

Don’t abuse it.

Vs. 6 - You have condemned and ruined innocent men, and they are powerless to stop you.

II. The Right Uses of Wealth

1. Right Accumulation: Save money faithfully.

Proverbs 21-20 - The wise man saves for the future, but the foolish man spends whatever he gets.

Keys to Saving:

• Learn to live on a margin.

• Learn contentment.

Valid reasons for saving:

1. Prevent impulse buying.

2. Allows us to help others.

3. It gets your money working for you.

2. Right Appropriation: Make money honestly.

Proverbs 13:11 - Wealth from gambling quickly disappears, wealth from hard work grows.

Proverbs 14-23 - Hard work brings a profit, mere talk leads to poverty.

How much money can I make? No set limit.

Qualification: As long as it doesn’t hurt:

Your health, My family, Other people, My spiritual life

3. Right Allocation: Spend money wisely.

Proverbs 21:5 - The plans of the diligent lead to profit as surely as haste leads to poverty.

The Key: A budget of planned spending.

4. Right Application: Give money generously.

Proverbs 11:24-25 - It is possible to give away and become richer! It is also possible to hold on too tightly and lose everything. Yes, the generous man shall be rich. By watering others, he waters himself.

Matthew 6:20 - Store up for yourselves treasures in heaven.

1 Corinthians 16:2 - On every Sunday, put aside something from what you have earned during the week, and use it for the offering. The amount depends on how much the Lord has helped you to earn.