Introduction — What Is Financial Freedom?
«Live like no-one else now, so that later you can live, and give, like no-one else.”
-Dave Ramsey
We Are Blessed!
Did you know that by living in a developed country, with access to the internet or apps, with an average salary of $30,000 / year, puts you in the top 1% of wealthiest people in the world?
Whether that is our situation or not, we need to realize that compared to many people in the world, we are blessed!
What do you think it means, we have been given a “trust”?
Do Well With What You Have
Jesus says that as we do well with what God has given us, God will give us more to steward for him.
Have you been faithful with what God has given you?
What Is Financial Freedom?
Financial freedom means being free from anything that may be holding us back from living the blessed life God has for us.
For many people this means freedom from debt or bad financial decisions.
What Does The Bible Say About Money?
In the New Testament, Jesus offers more wisdom and has more to say about money than any other subject besides the «Kingdom of God.
This shows us how important doing well with money is to God.
The Bible talks about how these areas are important when manage money well for God:
-Budgeting & Planning (Luke 14:28)
-Debt (Proverbs 21:5)
-Relationships (2 Corinthians 6:14)
-Saving (Proverbs 6:26-28)
-Investing (Matthew 25:19-21)
-Giving (2 Corinthians 9:7)
7 Steps To Financial Freedom
The following steps are Bible-based common sense for your finances.
In the world today, sometimes common sense around money is not so common.
These steps are not a get rich quick scheme, but rather building wealth God’s way.
STEP 1. Get A Plan For Your Money — Budget Each Month
Average timeline — One week
STEP 2. Save A Beginner Emergency Fund
Average timeline — One month
STEP 3. Get Out Of Debt — The Borrower Is Slave To The Lender
Average timeline — Two years
STEP 4. Save A Full 3-6 Month Emergency Fund
Average timeline — 6 months
STEP 5. Invest For The Future
Average timeline — Ongoing
STEP 6. Steward God’s Blessing
Average timeline — Ongoing
STEP 7. Build Wealth, Be Incredibly Generous And Leave A Legacy
Average timeline — Generous at all times
