Act Your Wage
- Proverbs 12:9 (ASV)
- Proverbs 13:7 (ASV)
- Proverbs 21:5 (ASV)
- Proverbs 25:28 (ASV)
- Matthew 6:24 (ASV)
- Matthew 6:24 (ASV)
One man pretends to be rich, yet has nothing...Better to be a nobody and yet have a servant than pretend to be somebody and have no food.Average American owes " $8100 " in credit card debt. If I pay $141.62 per month on $8100 at 19.8% = " 40 " years. If I invest $8100 at 12% for 40 years = " $1,017,998.50 ".GET CONTROL OF YOUR MONEYLike a city whose walls are broken down is a man who lacks self-control.We’ll learn to say “" no "” for a little while, so we can say “" yes "” for the rest of our lives. Pray before you payUnder $100 wait " 3 " days.$100-1000 wait " 1 " week.Over $1000 wait " 1 " month.YOUR BUSINESS PLAN!The plans of the diligent lead to profit as surely as haste leads to poverty.Build the “" oh no "” fund.Eliminate " overhead ".Build the " reserve " fund.No one can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and Money. DEBT SNOWBALL (click here to see the table)Payoff paying minimum payments = " 120 " months.Debt snowball payoff = " 21 " months. (Difference of 99 months)Additional $1110 invested at 12% for 99 months = " $186,569.86 "No one can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and Money.Life Group QuestionsIn what way have you wrongly been serving money? How can you “get control” of your money so it can better serve God’s purposes in your life?What do you need to do next in developing your “business plan?”
Created almost 5 years ago