Order of Worship
599Lesson800Lord’s SupperPrayer
Mat 5:1-16572Prayer397
Stewardship:
What is it?Why is it important?How can we be good stewards?
Steward:
person who manages another's property or financial affairs
New Testament Passages1 Timothy 6:6-10
Godliness with contentment Temptation and a snareLove of money is the root of evil
Mark 10:24Hard for those who trust in riches to enter heaven
Romans 1:29; Eph 5:5Covetousness is worthy of death
Matthew 6:19-21Where your treasure is, there your heart will be
also
Wealth in itself is not condemnedGod blessed many great men with riches
(Abraham, David, Solomon, Job..)They were not condemned for being wealthyMany good people living today are wealthy
They gained their wealth honestly and without greed.
Their riches should be viewed as a blessing from God.
What does Godexpect of us financially?
We are expected to workIn order to provide for our own families
(1Tim 5:8)In order to be givers (Eph. 4:28; 2 Cor. 9:6,7;
Luke 6:38; Acts 20:35; Prov. 3:9,10)In order to leave an inheritance (Prov 13:22)We should make good use of the $ we are
blessed with. (Mat 25:14ff)
Tips on Good Stewardshipfrom Dave Ramsey
What to Avoid
Avoid CreditUse debit instead of credit.Teens are now the #1 target of credit
card companies.Payday loans, rent-to-own, title pawning,
tote-the-note car lots, 90 days same as cash – all generally result in paying exorbitant interest and fees
Other Things to AvoidGet rich schemes /InfomercialsCash value life insuranceCosigning a loan – (Prov. 17:18 CEV)
Making Wise Decisionson Large Purchases
Items with WheelsLose Value Quickly
New Cars, Boats, ATVs, Trailer Houses, Motor Homes, etc.
More Cautions AboutObtaining Vehicles
Leasing = the most expensive way to operate a vehicle.
Financing will cost you a lot of $. Better to save up and pay cash.
Check KBB.com or NADA.com for values of used vehicles.
Home OwnershipShould be a blessing15-year or less note if at all possible
Good down paymentCredit cards not necessary to qualify for mortgage
Dave Ramsey’s Advicefor Financial Responsibility
Dave’s Plan: BudgetingHave a budget, and put it in writing.Minimize expensesPlan for emergencies
$1000 emergency fund (1st) and 3-6 month living expenses emergency fund (later)
Murphy-repellentMen and woman usually see emergency funds
differently"Even if you don't 'get' the emergency fund, get
one"
What is an Emergency?Emergencies Not Emergencies•Deductibles on insurance•Job loss•Blown engine / transmission
•Christmas•Starting a new business•Something on sale•A new car•Vacation
Dave’s Plan: InsuranceBe insured:
Home & AutoLifeLong term disabilityHealthLong term care
Dave’s Plan:Planning for the Future
Make a willGiveInvestSave for first, then go to college if possible
Dave Ramsey’s Advicefor Dealing With Debt
For Those in DebtGet MotivatedMaximize incomeSell unnecessary items“Beans and rice” dietBecome debt free except the house
(Debt Snowball)Collectors are not your friends!Avoid Bankruptcy; Pay your debts.
(Rom13:8)
Debt “Fixes” to AvoidDebt consolidationDebt managementCredit Report Clean-Up Kits
A Few More Wordsof Advice
Additional ConsiderationsPerform Routine MaintenanceBeware of timeshares.Avoid convenience store itemsLook for bargains on things you needDon’t shop around just looking for stuff to
buyDon’t let treats become habitsSave receiptsAvoid expensive sodas at restaurants ,
theaters, stadiums, etc.
Extended Warranties: Bathtub Curve
Conclusion:Attitude of thankfulness, not greedOur hearts should be on spiritual things.Trust in God for our blessings.Work hard, but not overwork to be rich (Prov
23:4).Be givers.Think about the future but not worry. (Mat 6:34)BudgetAvoid credit and debtBeware of pitfallsRemember that everything belongs to God. We
are merely stewards.
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