bag with holes consider your ways “ye have sown much, and bring in little; ye eat, but ye have not...

Bag With Holes Consider Your Ways

“Ye have sown much, and bring in little; ye eat, but ye have not enough; ye drink, by ye are not filled with drink; ye clothe you, but there is none warm; and he that earneth wages earneth wages to put it into a bag with holes.

– Haggai 1:5b,6

Bag With Holes

• The good you do for others - the Lord will do for you!

With good will doing service, as to the Lord, and not to men: knowing that whatsoever good thing any man doeth, the same shall he receive of the Lord, whether he be bond or free.

– Ephesians 6:7,8

Bag With Holes

Don’t Keep Secrets from Spouse

Don’t conceal debts, purchases

Don’t hide a stash of cash

Agree on limits spent without Spouse’s knowledge

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• Share Financial Upbringing

Did Parents…

Tithe?

Save?

Borrow?

Budget?

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Share Feelings you have about money with

spouse and children• Does money make you feel…

Powerful?

Accepted?

Successful?

Happy?

Guilty?

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• Designate a Financial Housekeeper

• One person responsible to get it done.

Bag With Holes Agree on Financial Goals

• Giving 10% gross

• Pay off debt

• Save 5-20% of gross

• Pay off mortgage

• Lifestyle…..self-funded ministry...cash car

• Make a will

Scriptural Pattern for the Tithe

Honour the Lord with thy substance, and with the firstfruits of all thine increase: So shall thy barns be filled with plenty, and thy presses shall burst out with new wine.

Proverbs 3:9,10

firstfruits of all thine increase

The Tithe is 10% of our increase

The Tithe is 10% of our increaseFirst

The question is what is the increase?

• Because the tax is based on income, is the increase after the tax?

• Because the tax purchases quality of life, is the tax normal living expense?

Merely because our government has legislated itself into first place is not a legitimate reason to place God second.

Are taxes a penalty on increase or do they purchase quality of

life

• FDA- new and safe drugs, inspected meat

• WS- weather service for air travel, etc

• FAA- certified pilots, inspected planes, etc

• FTR- drug enforcement

• EPA- safe drinking water

• 911

• National Defense, Interstate Highways

Less than 2% of your gross moves you from net to gross tithe

• $3,000 gross monthly increase

• $2,430 net monthly increase

• $300 gross tithe

• $243 net tithe

• $ 57 difference for a gross blessing vs. a net blessing

Increase May Not Be Income

Increases not included in income:

• housing, utilities

• auto

• health insurance

• scholarships, grants

• gifts

“bring-home” pay may have loan payments deducted

Bag With Holes

• A budget is a plan, with boundaries, to maximize your resources.

• No true freedom without limits.

• Gives you more control over resources.

• The corrective consequence of running out out of money is more restrictive.

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“Be thou diligent to know the state of thy flocks, and look well to thy herds.”

– Proverbs 27:23

• Know cost of tower– Luke 14:28

• Make friends with money– Luke 16:9

Bag With Holes Budget Tips

• Involve whole family

• Reconstruct spending from last 3-6 months

• Include recreation and entertainment

• Enjoy freedom

• www.cccsatl.org/money.htm

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If details too difficult

Catagorize:

Fixed - House payment

Car payment

Insurance

Cable

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Average - Food

Child Care

Utilities

Phone

Work expense

Giving (5%)

Clothes

Car Repair

Discretionary - Eating Out

Entertainment

Vacation

Credit Cards

Gifts

Savings - Short Term

Long Term

Tax Refund Under $500.

Bag With HolesLife Insurance

• Age 40, non-smoker

$500,000 term coverage for $390 male, $325 female per yr - guaranteed for 20 years.

• Compulife Software Inc.

www.termforsale.com

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• Approximate monthly survivors benefits

Age Income Your spouse & 2 children

$30,000 $1,842

45 $40,000 $2,101

$50,000 $2,303

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$300.00 Whole Life

- 60.00 Term for husband and wife

$240.00 Automatic withdrawal

Mutual Fund at 18%

20 years = $327,516

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• Work is pre-fall (Adam)

Let him that stole steal no more: but rather let him labour, working with his hands the thing which is good, that he may have to give to him that needeth.

– Ephesians 4:28

God provides work so we can have to give.

Bag With Holes

• Laws of Land Must be Obeyed

Power is given to God; ordained of God. If we resist the power; resist ordinance of God.

Rulers are not a terror to good works. For he is the minister of God to thee for good. Romans 13:1-4

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All Taxes must be Paid!

Render unto Caesar what’s Caesar.– Matthew 22:21

Render therefore to all their dues: tribute to whom tribute is due…

– Romans 13:7

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• God does not bless stolen goods

“That no man go beyond and defraud his brother in any matter: because that the Lord is the avenger of all such, as we also have forewarned you and testified.”

– I Thessalonians 4:6

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Absolute Honesty

• A false balance is abomination to the Lord: but a just weight is his delight.

– Proverbs 11:1

• …he that sweareth to his own hurt, and changeth not.

– Psalms 15:4

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• Lack May be Result of Dishonesty

“That ye may walk honestly toward them that are without, and that ye may lack of nothing.”

– I Thessalonians 4:11

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It is naught, it is naught, saith the buyer: but when he is gone his way, then he boasteth.

– Proverbs 20:14

• A good deal is a mutually good transaction.

• God does not bless you at someone else’s expense.