2. SCRIPTURE READING
ď˘I TIMOTHY 6:6-12
ď˘ 6 But godliness with contentment is great gain.
ď˘ 7 For we brought nothing into this world, and it is certain
we can carry nothing out.
ď˘ 8 And having food and raiment let us be therewith
content.
ď˘ 9 But they that will be rich fall into temptation and a
snare, and into many foolish and hurtful lusts, which drown
men in destruction and perdition.
ď˘ 10 For the love of money is the root of all evil: which while
some coveted after, they have erred from the faith, and
pierced themselves through with many sorrows.
ď˘ 11 But thou, O man of God, flee these things; and follow
after righteousness, godliness, faith, love, patience,
meekness.
ď˘ 12 Fight the good fight of faith, lay hold on eternal life,
whereunto thou art also called, and hast professed a good
profession before many witnesses.
3. 7 FACTS ABOUT FINANCES
ď˘ 1. God owns everything
ď˘ 2. All things come from God
ď˘ 3. We, and all that we have belong
to God
ď˘ 4. Debt is hard for you
ď˘ 5. Being too ambitious to be rich is
vanity
ď˘ 6. Life is Not Measured by Money
ď˘ 8. Be faithful with both little and
big
4. 1. GOD OWNS EVERYTHING
ď˘ Psalm 24:1 -"The earth is the
Lord's, and all its fulness, the
world and those who dwell
therein."
ď˘ Psalm 50:10,12 -"For every beast of
the forest is Mine, and the cattle on
a thousand hills... For the world is
Mine, and all its fulness."
ď˘ Haggai 2:8 -âThe silver is Mine, and
the gold is Mine,' says the Lord of
hosts."
5. 2. ALL THINGS COME
FROM GOD
ď˘Deuteronomy 8:18 -"You
shall remember the Lord
your God, for it is He
who gives you power to
get wealth...â
6. 3. WE, AND ALL THAT WE
HAVE BELONG TO GOD
ď˘ Psalm 100:3 -"It is He who has made us,
and not we ourselves; we are His
people, and the sheep of His pasture.â
ď˘1 Corinthians 6:19-20 -"What? do you
not know that...you are not your own?
For you were bought at a price;
therefore glorify God in your body and
in your spirit, which are God's."
7. 4. DEBT IS HARD FOR YOU
ď˘God does not want His people
to be in debt. The Bible says,
"Owe no man anything, but to
love one another...." (Romans
13:8)
ď˘Any time we go into debt, we
lose some of our freedom. The
Bible says, "The borrower is
servant to the lender."
(Proverbs 22:7)
8. 5. BEING TOO AMBITIOUS TO
BE RICH IS VANITY
ď˘ "The love of money is the root of all evil,
for which some have strayed from the faith
in their greediness, and pierced
themselves through with many sorrows."
1 Timothy 6:10 (NKJ)
ď˘ "Do not lay up for yourselves treasures on
earth, where moth and rust destroy and
where thieves break in and steal; But lay
up for yourselves treasures in heaven...For
where your treasure is, there your heart
will be also."
Matthew 6:19 & 21 (NKJ)
9. 6. LIFE IS NOT MEASURED
BY MONEY
ď˘ Jesussaid, "...a man's life does not
consist in the abundance of the
things which he possesses." Luke
12:15
ď˘ Making money is not the purpose
of life. The world measures success
by how much money or possessions
a man has, but this is not the true
measure of success. It is his
character.
10. 7. DO NOT MAKE MONEY
YOUR âGODâ
ď˘ "Butthose who desire to be rich fall into
temptation and a snare, and into many
foolish and harmful lusts which drown
men in destruction and perdition." 1
Timothy 6:9 (NKJ)
ď˘ "Noservant can serve two masters: for
either he will hate the one, and love the
other; or else he will hold to the one, and
despise the other. You cannot serve God
and mammon (money)." Luke 16:13
11. 8. BE FAITHFUL WITH
BOTH LITTLE AND BIG
ď˘Ifwe are wise in handling
small amounts of money,
God will entrust us with
more.
ď˘(See Matthew 25:14-30 â âThe
Parable of the Talentsâ)
12. 8 PRACTICAL WAYS OF HANDLING
MONEY WISELY
ď˘ 1.Have a budget
ď˘ 2. Set aside money for emergencies
ď˘ 3.Avoid over-extended credit buying
ď˘ 4. Distinguish between âneedsâ and
"wants.â
ď˘ 5. Do not make a purchase under the
pressure of sales talk
ď˘ 6.Pay bills on time
ď˘ 7. Live on what God provides
ď˘ 8. Special warning: Do not co-sign notes
13. 8 PRACTICAL WAYS OF HANDLING
MONEY WISELY
1.Have a budget
ď˘ Getting free financially requires right
attitudes and right actions
ď˘ Many people are careless with their
money. They spend it all and say, âMy,
my, where did it all go?"
ď˘ The way to avoid this is to have a budget
and keep a record of all expenses.
14. 8 PRACTICAL WAYS OF HANDLING
MONEY WISELY
2. Set aside money
for emergencies
ď˘ In every family there are always those times
when things go wrong and emergencies
occur. Perhaps it is an unexpected car expense
or medical bill. By regularly putting something
aside for emergencies, these unexpected bills can
be met without wrecking your budget or
borrowing money from others.
15. 8 PRACTICAL WAYS OF HANDLING
MONEY WISELY
3.Avoid over-
extended credit
buying
ď˘ We must not abuse the "Buy now-pay
later" philosophy of the world. When
credit is too easily obtained, it is easy to
incur so many debts that payments will be
very hard to make.
16. 8 PRACTICAL WAYS OF HANDLING
MONEY WISELY
4. Distinguish between
âneedsâ and "wants."
ď˘ God has promised to meet all our
needs, but He has not promised to
meet all our "wants." We must
distinguish between the two.
ď˘ We should buy things for their
usefulness, not for their "status,"
or just because we want them.
17. 8 PRACTICAL WAYS OF HANDLING
MONEY WISELY
5. Do not make a
purchase under the
pressure of sales talk
ď˘ When the salesman has finished his talk, just say,
"Thank you. I will let you know my decision within a
day or so.â
ď˘ Often people see something they want and buy it
before considering whether or not they can afford it.
ď˘ Allow time to think about the matter and to make a
decision away from the pressure of the sales talk.
18. 8 PRACTICAL WAYS OF HANDLING
MONEY WISELY
6.Pay bills on time
ď˘ Prompt payment of bills is honorable.
ď˘ It gives you a good name and a good credit
standing.
ď˘ It is also a good witness to unsaved people.
ď˘ A Christian should handle his finances in a way
that is honorable to the Lord Jesus. To have
past-due bills and unpaid debts is a poor
testimony and dishonoring to the Lord.
19. 8 PRACTICAL WAYS OF HANDLING
MONEY WISELY
7. Live on what God
provides
ď˘ I TIMOTHY 6:6- â But godliness with
contentment is great gain.â
ď˘ Philippians 4:11-12 -"...I have learned, in
whatever state I am, to be content. I know
both how to be abased (to live on almost
nothing), and I know how to abound (to live
when I have much)...."
20. 8 PRACTICAL WAYS OF HANDLING
MONEY WISELY
8. SPECIAL WARNING:
Do not co-sign notes
ď˘ "Don't agree to guarantee another person's debt or
put up security for someone else." Proverbs 22:26
(NLT)
ď˘ Many people have learned through sad experience that
when they tried to help a friend by co-signing his note, they
ended up losing both their money and their friend.
ď˘ When we co-sign a note with someone, it means that we are
assuming responsibility for the payment of that debt. If for
some reason the other person does not pay the debt, then
we must pay it.
21. 5 STEPS THAT WILL HELP YOU GAIN
FINANCIAL FREEDOM FROM DEBTS
ď˘1. List your unpaid bills and
debts
ď˘2. Analyze your current
budget
ď˘3. Present your honest
payment plan
ď˘4. Stick with your plan
ď˘5. Be Faithful in Tithing &
Offerings
22. 5 STEPS THAT WILL HELP YOU GAIN
FINANCIAL FREEDOM FROM DEBTS
1. List your unpaid
bills and debts.
ď˘ For each debt, list the company,
bank, or person you owe, along
with the address, the name of the
person you should contact about the
debt, and the amount due. Be sure to
list every debt.
23. 5 STEPS THAT WILL HELP YOU GAIN
FINANCIAL FREEDOM FROM DEBTS
2. Analyze your
current budget
ď˘ List all necessary expenses in order of
importance.
ď˘ List only those things which are actual needs.
Do not list things which you can do without.
ď˘ Determine the amount you have left over after
necessary expenses. This should be applied to your
debts on a regular basis.
ď˘ Keep in mind this fact: You may have money on
hand, but if you owe someone else, the amount that
you owe is not rightfully yours. It belongs to the
person you owe.
24. 5 STEPS THAT WILL HELP YOU GAIN
FINANCIAL FREEDOM FROM DEBTS
3. Present your honest
payment plan
ď˘ It is important that you keep your word
and do what you promise to do. If for any
reason you are unable to make a payment on
time, be sure to notify the creditor involved.
ď˘ Talk personally with each creditor.
Explain your situation and show him your
plan. Ask for his agreement with your plan for
paying the debt you owe him.
25. 5 STEPS THAT WILL HELP YOU GAIN
FINANCIAL FREEDOM FROM DEBTS
4. Stick with
your plan
ď˘ Settle one thing in your mind: Never run away from your
debts. It is not a disgrace to owe a debt, but it is a disgrace to
evade an honest obligation. A Christian can never justify his
failure to honestly face up to his obligations. Running away from
your debts is not only dishonest, but it will also cause you to lose
your self-respect and the respect of others as well.
ď˘ As you follow your plan, you will begin to pay off your debts.
Every time a debt is paid in full, mark that debt off your list.
There is a tremendous value to you in paying off your debts. You
are obeying God, and God will bless you for it.
26. 5. BE FAITHFUL IN TITHING & OFFERINGS
ď˘MALACHI 3:8-11
ď˘ 8 Will a man rob God? Yet ye have robbed me.
But ye say, Wherein have we robbed thee? In tithes
and offerings.
ď˘9 Ye are cursed with a curse: for ye have robbed me,
even this whole nation.
ď˘ 10 Bring ye all the tithes into the storehouse,
that there may be meat in mine house, and
prove me now herewith, saith the LORD of
hosts, if I will not open you the windows of
heaven, and pour you out a blessing, that there
shall not be room enough to receive it.
ď˘ 11 And I will rebuke the devourer for your sakes,
and he shall not destroy the fruits of your ground;
neither shall your vine cast her fruit before the time
in the field, saith the LORD of hosts.
27. FINAL ADMONITION
ď˘Jesus Himself gave
us the way to true
success.
It is so simple that we can easily overlook it.
Here is what the Lord Jesus said-----
ď˘ Matthew 6:33 - "Seek first the
kingdom of God and His
righteousness, and all these things
shall be added to you.