financial peace university! sundays, sept. 30 th thru nov. 11 th 10:30-11:30am, rosner family ymca...
TRANSCRIPT
FINANCIAL PEACE UNIVERSITY!Sundays, Sept. 30th thru Nov. 11th
10:30-11:30AM, Rosner Family YMCAsponsored by… Free!!! Nothing to Purchase!!!
evergreen4u.org
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.
Truth: Jesus talked about money more than any topic
other than love!
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.
Truth: 1 Timothy 5:8 “Anyone who does not provide for their
relatives, and especially for their own household, has denied the faith and is
worse than an unbeliever.”
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, it’s impossible to live without debt.
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, it’s impossible to live without debt.
Truth: Although 6 billion credit card offers are sent out annually, many people still save and use cash or
debit cards to make their purchases.
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.
Truth: Loaning money to or cosigning a note for a friend or
relative changes the relationship!
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.7. Payday and car title loan businesses are helpful services.
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.7. Payday and car title loan businesses are helpful services.
Truth: Owners of these businesses are loan sharks dressed in suits,
charging exorbitant rates and fees!
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.7. Payday and car title loan businesses are helpful services.6. Playing the lottery will make me rich someday.
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.7. Payday and car title loan businesses are helpful services.6. Playing the lottery will make me rich someday.
Truth: If we were to invest that amount, we would all be rich!
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.7. Payday and car title loan businesses are helpful services.6. Playing the lottery will make me rich someday.5. Car leasing is better than car ownership.
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.7. Payday and car title loan businesses are helpful services.6. Playing the lottery will make me rich someday.5. Car leasing is better than car ownership.
Truth: (F)leases are your the most expensive vehicle option!
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.7. Payday and car title loan businesses are helpful services.6. Playing the lottery will make me rich someday.5. Car leasing is better than car ownership.4. New cars are better investments than used cars.
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.7. Payday and car title loan businesses are helpful services.6. Playing the lottery will make me rich someday.5. Car leasing is better than car ownership.4. New cars are better investments than used cars.
Truth: Most cars are not investments! They lose 70% of their value in first 4 years!
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.7. Payday and car title loan businesses are helpful services.6. Playing the lottery will make me rich someday.5. Car leasing is better than car ownership.4. New cars are better investments than used cars.3. Debt consolidation loans save interest.
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.7. Payday and car title loan businesses are helpful services.6. Playing the lottery will make me rich someday.5. Car leasing is better than car ownership.4. New cars are better investments than used cars.3. Debt consolidation loans save interest.
Truth: Debt CONsolidations just lengthen the term and don’t address the real problem.
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.7. Payday and car title loan businesses are helpful services.6. Playing the lottery will make me rich someday.5. Car leasing is better than car ownership.4. New cars are better investments than used cars.3. Debt consolidation loans save interest.2. You need a credit card to make purchases online.1. Who knows how long I’ll be here? Might as well live it up!
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Top Ten Money Myths10. It’s impolite to talk about money, especially in church.9. In today’s world, is impossible to live without debt.8. I am helping by loaning money or cosigning a loan.7. Payday and car title loan businesses are helpful services.6. Playing the lottery will make me rich someday.5. Car leasing is better than car ownership.4. New cars are better investments than used cars.3. Debt consolidation loans save interest.2. You need a credit card to make purchases online.1. Who knows how long I’ll be here? Might as well live it up!
Truth: Life expectancy Men – 75, Women – 80
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Financial Peace is unattainable without mastering…
“The Principle of ________ ___________.”
Hebrews 12:11 “No discipline seems pleasant at the time, but painful. Later on, however, it
produces a harvest of righteousness and peace for those who have been trained by it.”
Delayed Gratification
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
“Baby Steps” on the Road to Financial Peace:Baby Step 1: Save $____ in an emergency
fund (fast!)1000
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
“Baby Steps” on the Road to Financial Peace:Baby Step 1: Save $____ in an emergency
fund (fast!)
An emergency fund will protect you from the need to use credit for life’s
“unexpected/expected” moments and give you greater peace of mind.
1000
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Super Saving: The amazing power of _________ interest
Small decisions today can have a ____ impact
You must tell your money where to go or it will ________!
compound
big
evaporate
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Homework:
Get started on Baby Step 1
Complete your quickie budget at daveramsey.com/fpumember
FINANCIAL PEACE UNIVERSITY!Part 1: Introduction and Super Saving
Next Sunday:
“Money and Marriage”
Invite a friend!!!