wisdom and finance
DESCRIPTION
This is part of a study based on Adam Hamilton's book "Enough" The focus of this study is on setting goals, and planning, and how this is a part of a faithful life. Find our website www.wellmoumc.org to find more details about this study. Also, you'll find a pdf with all of the notes.TRANSCRIPT
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Simplicity • Generosity • Joy
• Being simple and not simplistic
• Reorienting on the right things
• Living as who God made us to be
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Simplicity • Generosity • Joy
• Ask different questions
• Why do I want it?
• Give it time
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Simplicity • Generosity • Joy
Main Idea
Biblical wisdom and basic money management principles are essential if we
are to achieve financial peace and accomplish God’s greater purposes for
our lives
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Simplicity • Generosity • Joy
Prayer
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Simplicity • Generosity • Joy
Biblical Foundation
The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to want. Proverbs 21:5
Precious treasure remains in the house of the wise, but the fool devours it. Proverbs 21:20
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Simplicity • Generosity • Joy
From Enough
We live in a time of excessive materialism. Many people today are on a treadmill of consumerism, and that treadmill just keeps going faster and faster. But the day will come when either we are going to break down or the treadmill is going to break down, because we cannot continue to go faster and faster in our passion to consume.
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Simplicity • Generosity • Joy
Individual Treadmills
Time (good and bad)
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Simplicity • Generosity • Joy
Family Treadmills
Caring for others
Children, grandchildren
Spouses
Health concerns
Grandparents
Relatives
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Simplicity • Generosity • Joy
Community/National Treadmills
No grocery store
Community services
Commercial stores
Growth??
No land
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Simplicity • Generosity • Joy
Video
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Simplicity • Generosity • Joy
Key Insights• Each of us has a little bit of the Prodigal
Son: Squandering and wasting stuff• As humans, we have habits of focusing
on today rather than tomorrow• When our focus is pleasing ourselves,
then eventually we become dissatisfied
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Simplicity • Generosity • Joy
Key Insights• Two big wasters are impulse buying and
eating out.• Plan ahead, make lists, and stick to
them• If something immediate comes up, give
it time
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Simplicity • Generosity • Joy
Key Insights• We’re “told” that our purpose is to
consume. The bible tells us its to Love God, Love our Neighbor,
• Accomplishing this purpose requires goal setting and planning
• Planning gives us concrete steps
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Simplicity • Generosity • Joy
Planning Principles
1. Pay tithe and offering first
2. Create a budget and track it
3. Simplify (live below your means)
4. Establish an emergency fund
5. Pay debts
6. Practice long-term savings & investing
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Simplicity • Generosity • Joy
Simplifying
Simplifying our lives enables us to give more generously and experience the joy that comes from living for something beyond ourselves.
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Simplicity • Generosity • Joy
Three Types of Savings
1. Emergency savings
2. Wants and Goals
3. Retirement Savings
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Simplicity • Generosity • Joy
What can you do to get off the treadmill?
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Simplicity • Generosity • Joy
Wrapping it Up• Next week, Chapter 3,
Cultivating Contentment
• Answer the questions on p. 105-108
• Closing Prayer