Order of Worship

599Lesson800Lord’s SupperPrayer

Mat 5:1-16572Prayer397

Stewardship:

What is it?Why is it important?How can we be good stewards?

Steward:

person who manages another's property or financial affairs

New Testament Passages1 Timothy 6:6-10

Godliness with contentment Temptation and a snareLove of money is the root of evil

Mark 10:24Hard for those who trust in riches to enter heaven

Romans 1:29; Eph 5:5Covetousness is worthy of death

Matthew 6:19-21Where your treasure is, there your heart will be

also

Wealth in itself is not condemnedGod blessed many great men with riches

(Abraham, David, Solomon, Job..)They were not condemned for being wealthyMany good people living today are wealthy

They gained their wealth honestly and without greed.

Their riches should be viewed as a blessing from God.

What does Godexpect of us financially?

We are expected to workIn order to provide for our own families

(1Tim 5:8)In order to be givers (Eph. 4:28; 2 Cor. 9:6,7;

Luke 6:38; Acts 20:35; Prov. 3:9,10)In order to leave an inheritance (Prov 13:22)We should make good use of the $ we are

blessed with. (Mat 25:14ff)

Tips on Good Stewardshipfrom Dave Ramsey

What to Avoid

Avoid CreditUse debit instead of credit.Teens are now the #1 target of credit

card companies.Payday loans, rent-to-own, title pawning,

tote-the-note car lots, 90 days same as cash – all generally result in paying exorbitant interest and fees

Other Things to AvoidGet rich schemes /InfomercialsCash value life insuranceCosigning a loan – (Prov. 17:18 CEV)

Making Wise Decisionson Large Purchases

Items with WheelsLose Value Quickly

New Cars, Boats, ATVs, Trailer Houses, Motor Homes, etc.

More Cautions AboutObtaining Vehicles

Leasing = the most expensive way to operate a vehicle.

Financing will cost you a lot of $. Better to save up and pay cash.

Check KBB.com or NADA.com for values of used vehicles.

Home OwnershipShould be a blessing15-year or less note if at all possible

Good down paymentCredit cards not necessary to qualify for mortgage

Dave Ramsey’s Advicefor Financial Responsibility

Dave’s Plan: BudgetingHave a budget, and put it in writing.Minimize expensesPlan for emergencies

$1000 emergency fund (1st) and 3-6 month living expenses emergency fund (later)

Murphy-repellentMen and woman usually see emergency funds

differently"Even if you don't 'get' the emergency fund, get

one"

What is an Emergency?Emergencies Not Emergencies•Deductibles on insurance•Job loss•Blown engine / transmission

•Christmas•Starting a new business•Something on sale•A new car•Vacation

Dave’s Plan: InsuranceBe insured:

Home & AutoLifeLong term disabilityHealthLong term care

Dave’s Plan:Planning for the Future

Make a willGiveInvestSave for first, then go to college if possible

Dave Ramsey’s Advicefor Dealing With Debt

For Those in DebtGet MotivatedMaximize incomeSell unnecessary items“Beans and rice” dietBecome debt free except the house

(Debt Snowball)Collectors are not your friends!Avoid Bankruptcy; Pay your debts.

(Rom13:8)

Debt “Fixes” to AvoidDebt consolidationDebt managementCredit Report Clean-Up Kits

A Few More Wordsof Advice

Additional ConsiderationsPerform Routine MaintenanceBeware of timeshares.Avoid convenience store itemsLook for bargains on things you needDon’t shop around just looking for stuff to

buyDon’t let treats become habitsSave receiptsAvoid expensive sodas at restaurants ,

theaters, stadiums, etc.

Extended Warranties: Bathtub Curve

Conclusion:Attitude of thankfulness, not greedOur hearts should be on spiritual things.Trust in God for our blessings.Work hard, but not overwork to be rich (Prov

23:4).Be givers.Think about the future but not worry. (Mat 6:34)BudgetAvoid credit and debtBeware of pitfallsRemember that everything belongs to God. We

are merely stewards.