Welcome to the Good $ense Budget Course

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Welcome to the Good ense Budget Course

• Session 1
• The Financial Dilemma

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• Money is a powerful thing!

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Four Financial Situations
Crisis One paycheck from disaster Good
financial shape God-honoring lifestyle
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If we dont control our money, it will control us

• where we live
• where we work
• who we have as friends
• how we use our time

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Cultural Myths

• Things bring happiness.
• Debt is EXPECTED and unavoidable.
• A little more money will solve all your
  problems.

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Group Activity

• The Pull of the Culture

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Course Overview

• Contrast what the culture says about money with
  what the Bible says about money.
• Develop personal Spending Plans.

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• Where your treasure is, there your heart will be
  also. Matthew 621
• Every financial decision is also a spiritual
  decision.

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The Mind and Heart of God

• God created everything.
• God owns everything.
• We are trustees.

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• A trustee has no rightsonly responsibilities.

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• In eternal terms, EVERYTHING we possess belongs
  to God.

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Group Activity

• Discussion of The Pearl of Great Price

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The Financial Dilemma

• Two masters

• One servant

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Two Great Truths

• God holds us ACCOUNTABLE for how we manage the
  money and possessions entrusted to us.
• We will be found either faithful or foolish.

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Key Question

• Will God consider my financial decisions to be
  faithful or foolish?

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Five Financial Areas

• Earning
• Giving
• Saving
• Debt
• Spending

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We Become a ...

• Diligent Earner
• GENEROUS Giver
• Wise Saver
• CAUTIOUS Debtor
• Prudent Consumer

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Genuine Financial Freedom Is

• The CONTENTMENT we experience as we faithfully
  manage our financial resources according to Gods
  purposes and principles.

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A Budget Is

• The fundamental tool that enables us to control
  our money so that it doesnt end up controlling
  us.
• A Spending Plan for how we will allocate our
  financial resources.

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A Spending Plan Is

• A way to reach our financial GOALS and live out
  our values and priorities.

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A Spending Plan

• Sets safe limits financially.

• Produces FREEDOM.

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The Benefits of a Spending Plan

• Gives us facts.
• Avoids WASTE.
• Keeps our VALUES and priorities in check.
• Leads to financial freedom.

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Course Goal

• Commit to and begin developing a biblically-based
  Spending Plan

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Course Objectives

• Become aware of the Pull of the Culture
• Understand Biblical Financial Principles
• Develop a first draft of a Spending Plan
• Select a record-keeping system
• Commit to implementing the Spending Plan and
  record-keeping system

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Course Sessions

• Session 1 The Financial Dilemma
• Session 2 Earning, Giving, and Saving
• Session 3 Saving and Debt

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Course Sessions

• Session 4 Spending
• Session 5 Balancing the Spending Plan
• Session 6 Record Keeping and Commitment