LIFE HACKS: Financial Principles that lead to Joy, Generosity, and ImpactAugust 15, 2021 / Proverbs 3:1-10
FINANCIAL PRINCIPLE #1: Clarify who you are and the value of things.
Proverbs 3:5, Proverbs 3:9-10, Proverbs 22:1-2, Proverbs 9:10
Proverbs 11:4, Deuteronomy 14:22-23, Malachi 3:6-12, Psalm 24:1, Matthew 6:24 NIV
A Tool to Help:
- The Tithe Challenge https://www.gfhope.org/giving
- Michael Jr. – comedy clip on giving from LifeChurch.com Bit starts approx. 17:46 (the whole message is good and funny)
- 9 Reasons Why We Give a Tithe and More… Pastor Paul and Bonnie Knight
FINANCIAL PRINCIPLE #2: Set a step by step, bit by bit financial pace.
Proverbs 13:11 ESV
Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.
Proverbs 10:4, Proverbs 12:11, Proverbs 21:5-6, Proverbs 23:4, Luke 16:10-13
Discipline of a plan:
10 / 10 / 80
- A Tool to Help: Financial Peace University – Fall at HOPE Church
- Book: Total Money Makeover by Dave Ramsey
- Ramsey’s Baby Steps – See bonus content below or follow link: https://www.ramseysolutions.com/dave-ramsey-7-baby-steps
FINANCIAL PRINCIPLE #3: There is power in “Not yet” and “No.”
Proverbs 20:21, Proverbs 28:25, Proverbs 22:7, Psalm 37:21
FINANCIAL PRINCIPLE #4: Experience the joy of being gloriously generous.
Proverbs 11:24-25, Proverbs 13:22, Proverbs 19:17, Proverbs 21:13, 2 Corinthians 9:6-8
DISCUSSION QUESTIONS, THOUGHTS AND THINGS TO PONDER
For your personal discipleship, discussion with family, your LIFE HACK Group, or a watch party
a. Quick Review: Ask yourself: Was there a particular point or passage of Scripture that challenged, confused, or caught your attention? What stood out to you in the message?
Financial Principle #1 — Clarify Who You Are and the Value of Things
Do you think of yourself under the Lordship of Jesus Christ?
Do you see your possessions and money as belonging to God?
How does your view of who you are and the value of things affect your daily life?
Financial Principle #2 — Set a Step by Step, Bit by Bit Financial Pace.
Do you have a financial plan for the management of money?
Does your plan fit with worldly wisdom or Godly wisdom?
Are there areas where you struggle regarding Godly financial wisdom?
Are there areas where you experience joy and victory in managing finances?
Financial Principle #3 — There is Power in “Not Yet and No.”
How do you personally handle delayed gratification?
Where have you been victorious in waiting and been blessed?
Financial Principle #4 — Experience the Joy of Being Gloriously Generous
2 Corinthians 9:7 states that God loves a cheerful giver. Do you consider yourself cheerful in your giving?
If you are not a cheerful giver, what would help you get to that point?
Are you generous?
9 Reasons Why We Give a Tithe and More…
Pastor Paul and Bonnie
1. We believe what the bible teaches about tithing and giving.
2. We love the Church and want to support it.
3. We agree that tithing and generous giving is a principle of financial freedom.
4. We want to model tithing and generous giving, primarily to our family.
5. We need to combat our own personal greed and consumerism.
6. We trust and love God.
7. We want to acknowledge His provision and protection of us.
8. To remind us that we are not home, we are aliens and strangers here.
9. Because we like it, it is fun.
Dave Ramsey 7 Baby Steps
Baby Step 1
Save $1,000 for your starter emergency fund.
Baby Step 2
Pay off all debt (except the house) using the debt snowball.
Baby Step 3
Save 3–6 months of expenses in a fully funded emergency fund.
Baby Step 4
Invest 15% of your household income in retirement.
Baby Step 5
Save for your children’s college fund.
Baby Step 6
Pay off your home early.
Baby Step 7
Build wealth and give.