This past Sunday we heard a great message on the fundamentals of good finances. Thank you Ted for bringing the message to us. Here are my notes from his talk.
He laid out his sermon by using the word “Ants.” Proverbs 6:6, “Go to the ant, you sluggard;consider its ways and be wise!” The interesting part about ants is they don’t have a leader. They simply do what is best for each other and themselves.
- Do a simple budget. A budget is estimating your expenses and matching it up to your income.
- Ask two primary questions:
- How much does It cost?
- Can I afford it?
- In Luke 14:28 Jesus talks about the value of planning when he compare it to a person planning to build a tower.
- You can get good resources on budgeting from Dave Ramsey.
- Bring your first fruits to God. Nehemiah 10:35-39.
- God provides you with income to help further his Kingdom here on earth.
- 1 Timothy 5:8 is a harsh verse to consider when it says a person is worse than an unbeliever if they don’t take care of their family.
- We are to enjoy the fruit of our labor. Psalm 128:2
- “A good man leaves an inheritance for his children’s children, but a sinner’s wealth is stored up for the righteous.” Proverbs 13:22
- Verses on debt: Proverbs 22:7, Proverbs 13:8, Proverbs 6:5
- Matthew 6:19-21, 23
- Look at your heavenly treasure on one side and your earthly treasure on another, than ask yourself these questions:
- What makes you the most upset when it comes to your stuff?
- What do you talk about the most?
- What brings you the most joy?
- What moves you?
- Be content: 1 Timothy 6:7-10
- What is the first thing you would do with a lot of money that is given to you?
- Do you consider yourself rich?
- How much money do you need to make yourself happy?
- Do you believe it takes money to be happy?
- How much does it hurt to give?
- Matthew 6:33- The key to sound finances is to seek God first, because when we do that everything will be added.