Monday, August 31, 2009

MoneyWalk 26: Develop a budget

This program will help you undo financial bondage.

Diligence in mapping out your financial future month-to-month and year-to-year and writing it down on paper is what it takes to repair damaged finances and maintain good financial health. A negative financial condition should make you turn from the money management principles you've used and turn to God's principles for managing money, which always have your best interest in mind and result in blessings for you and other people.

If your situation is going to positively change, you must develop a monthly budget that lists all your bills and subtracts them from your net monthly income. Such budgeting shows, after all other bills are paid, what you have left to spend on personal items, savings, and investments. It should be calculated for each month for an extended period of times like six to twelve months.

This short-term planning of anticipated income and expenses is vital for bettering your financial health, because it lets you know what you can afford to purchase now and in the future. It shows how much money must remain in your account to cover deficits that will arise during future months and it shows how much money remains each month.

The remaining money should be used to give abundantly to the spread of the gospel, build at least a six-month emergency fund, and accumulate a size-able investment nest egg. It helps you care properly for yourself, your family, support godly ministry, and build wealth to serve your children.

Please pray for this ministry and email any questions. May God bless you richly as you follow His plan!!!
Proverbs 27:23-27, Habakkuk 2:2-4, Luke 14:28-30, Philippians 4:11-20
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Monday, August 24, 2009

MoneyWalk 25: You Have Financial Hope

This program will help you undo financial bondage.

The only hope worth having is contained in Jesus Christ who gives eternal salvation. Upon declaring Him Savior and Lord, your eternal hope is secure. His resurrection and your belief in Him afford you a place in heaven and begin the fulfillment of your purpose on earth.

Eternal hope in Christ is not like worldly hope where you wish for things that may not come to pass, rather there is a surety that you will see your Redeemer face to face in heaven and spend eternity with Him. Also, by the power of the Holy Spirit you will encourage many friends and family to put their faith in Christ, so they can spend eternity with you.

Naturally, you hope to avoid catastrophes and daily turmoil or at least come through them victoriously, to have all your financial needs and at least some of your desires met. The bible says we will suffer persecution but will be delivered from it all to receive abundant blessing. Eternally, you planted this seed the moment you accepted Christ. Rest assured that your place in heaven is secure.

Remember, each seed produces after its own kind, which means the seed of salvation produces obedience to Christ through worship, prayer, bible reading, church attendance, evangelism, disciple-making, tithing, debt-elimination, saving, and planning. This lifestyle forms the attitude, actions, and resources necessary to bring forth fruitfulness while you’re on earth. It secures your financial hope.

Please pray for this ministry and email any questions. May God bless you richly as you follow His plan!!!
Psalm 71:5, Proverbs 14:32, Colossians 1:5, 1John 3:3
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Saturday, August 15, 2009

MoneyWalk 24: Balancing your checkbook

This program will help you undo financial bondage.

You must diligently balance your checkbook in order to have a healthy financial life. Good financial stewards at all times know exactly how much money they have at their disposal or they are able to quickly find out from their account ledger. People who don’t immediately add deposits and deduct withdrawals from their account balance are usually in poor financial shape. They often write checks and take on debt payments for more than they can afford to spend.

Getting a current account balance from the teller doesn’t show how much you really have to spend because many checks are cashed days or weeks after they're written. The fact that $1,000 was payroll deducted into your account on Friday doesn't mean that $1,000 is available for you to spend on desires until your next paycheck. You cannot know what you truly have available to spend unless you know what's in your account after you subtract monthly bills you have yet to pay and save 5-10% for emergencies (unexpected bills) that are sure to periodically arise.

It’s almost impossible to reduce your debt and increase your wealth without using processes based on biblical principles such as balancing your checkbook which lead you to budget your income and spending, save for the future and eventually invest, and immediately record account deposits and withdrawals so you know the state of your flocks and herds at all times.

If you do not follow such a plan, banks and financial institutions will rake you over the coals with NSF fees, late fees, overdraft fees, and other account charges. In addition, you are likely to find yourself deeply in debt (possibly facing foreclosure, repossession, and/or bankruptcy) without ever really having to be in that position.

Please pray for this ministry and email any questions. May God bless you richly as you follow His plan!!!
Proverbs 27:23-24, Isaiah 55:10-11, Luke 14:28-30, 2Corinthians 9:10
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Sunday, August 2, 2009

MoneyWalk 23: Managing money by love

This program will help you undo financial bondage.

In order to have a solid spiritual foundation, you must believe with all your heart that God loves people so much that He sent His son Jesus Christ to die on the cross to eliminate the judgment due your sins in order that you, believing on Him, will have everlasting life.

He loves you immensely and desires that you would choose to have relationship and fellowship with Him thru Christ even though you deserve eternal punishment for the sins you've committed throughout your life. He already provided the blood sacrifice and every spiritual tool necessary to secure your eternal life and blessing when you display faith in Jesus Christ.

The Holy Spirit living in you and guiding you as a result of your relationship with Christ enables you to forsake sinful, worldly ways of living via a continual maturity process (sanctification and commissioning to good works in service to Him and others on earth). You must love Jesus Christ with all your heart, mind, soul, and strength, which is the first and greatest commandment. Also, you must love your neighbor as yourself, as this is the second greatest commandment. These are the foundation that must undergird all that God called you to be and do.

This means you must manage your life, including your finances, in the way that God has identified in the bible; loving Him so much that you care more about spending money on earth in a manner that brings people to the Lord and builds treasure in heaven than you care about how much you can increase your material lifestyle and comfort.

This love leads to daily prayer and scripture reading which hides the Word in your heart. It also leads to regular weekly fellowship with other believers so you can move on to deeper fellowship with Him. These love-based disciplines constantly and faithfully aim you in the direction of engaging in biblically based good stewardship of your income, assets, and resources. This in turn ensures that you fulfill your God-given purpose and ministry calling to be blessed in order to be a blessing to many others.

Please pray for this ministry and email any questions. May God bless you richly as you follow His plan!!!
Deuteronomy 7:13, Proverbs 8:21, John 14:21, and Romans 13:8
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