Thursday, June 2, 2011

'Money Matters' Bible Study Series

Here are Ten Biblical Steps in Managing Your Finances


1. Recognize that you are a steward and everything belongs to God.
Luke 12:41-44, Psalms 24:1, 1 Corinthians 6:19-20
This means everything. (You and all material possessions)
2. Ask God for direction concerning how to manage His money.
Proverbs 3:5-6; Proverbs 1:5
Make a commitment to consult God on any financial matter you may have.
Read books on finance, attend financial conferences, watch financial programs.

3. Release what you owe to God, tithe.
Malachi 3:7- 12

4. Become a generous giver.
Prov 11:25, Luke 6:38, 2Cor 9:6-10

5. Live within your means.
Simply put, don’t try to live a $4,000.00 dollar a month life style on a $2,000.00 dollar a month income. 1Tim 6:6-8, Proverbs 10:22

6. Learn to live debt free.
Prov 22:7

7. Learn to save money. (In this volatile market, cash is King)
Prov 6:6-8
Make saving a habit. Most financial consultants say that we should try to save or invest 10% of our monthly income. If your income is $2,000.00 a month you should try and save $200.00 per month minimum.
The old saying goes, always have something saved for a rainy day.

8. Learn to make your money work for you.
Create a financial portfolio with investment vehicles for your money to grow. Example - 401K, Mutual Funds, Stocks and Bonds.
Don’t depend on the government to take care of you.
Be proactive and prepare for your future.

9. Set up a Life Insurance Policy.
This life insurance policy is designed to allow your family to maintain the same quality of life if you should die.

10. Create a will.
The will ensures that your final wishes are honored and financial resources are distributed according to your instructions.

Join us on Wednesday Nights for our Church Bible Studies. Biblical Teaching that will help you in your life as a believer.


Wednesday Nights 6:30 PM/EST Corporate Prayer and Worship

Bible Study Starts Immediately After


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