Managing Your Money Workshop
We are offering a workshop relating to personal finances that is both biblically informed and very practical. Learn the principles that will help you and train you to help others
Join us on Saturday, April 16, from 8:30 am – noon, in the Fellowship Hall. There is no charge for this event but you will need to register in advance. Donations will be accepted.
What to Expect
Take a Financial Physical: In step 1 we’ll discuss how to assess where you’re at financially. You’ll learn how to answer questions like: What do I owe? What do I own? How much am I spending? How Strong are my safety nets?
Think Long Term – Set Goals: Everyone would like to have all their debts paid off, a nice savings account, and a secure financial future. But setting goals requires more than listing what you want. In step 2 we’ll discuss how much to put toward debt, how much to put toward housing, and how much to give when times are tight. We’ll also look at how to know if your budget, your investments and your estate plan is sound. Then there will be some time to put what you’ve learned into practice.
Spend Less Than You Earn: In this step we discuss the obvious. Spending less than you earn boils down to recording what you actually spend and developing a spending plan. It’s often surprising to see where your money really goes. From this you can know where you need to be more careful. The secret is to control your spending to what you have planned for and to continually evaluate and revise.
Build Emergency Savings: Building an emergency savings is easier said than done. But in this step we will cover some helpful guidelines and creative ways to jumpstart you savings plan.
Avoid Debt: In step 5 we’ll mostly talk about why we should avoid debt since the real issue is being motivated to say no to buying something when we don’t have the money for it.
Think Long Term with Investing: In this final step we will discuss the ins and outs of investing. You will learn about the ‘no-brainer’ investments, what the Bible says about investing, and what not to do.