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Week 5 - FINANCIAL PLANNING |
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"Live for the line not the dot"
Randy Alcorn, The Treasure Principle
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This week's devotionals focus on God's vision for us: living out a financial plan that puts us in a stable financial position and results in peace. This road includes many challenges - hard work, good advisors, wise choices, and following a plan. I recommended that you work closely with a financial advisor.
Learn from the Master: Memory Verse
Proverbs 27:23
Be sure you know the condition of your flocks, give careful attention to your herds
In Proverbs, Solomon, the richest man to ever live, shares much of his wisdom on how to manage finances. He challenges us to ask advice, espouses hard work, expects a plan, and promises reward for sticking to your convictions!
These next devotionals are much more practical, so plan on spending whatever time you need in prayer so that you can get direction from God on carrying out the specific challenges.
Prayerfully, all of the devotionals in this series have led you to see God's plan, his will, his sovereignty and his belief that you can be a faithful steward of what he has entrusted you with.
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Day 32 : Make a Plan |
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Luke 14:28-30
28 "Suppose one of you wants to build a tower. Will he not first sit down and estimate the cost to see if he has enough money to complete it?
29 For if he lays the foundation and is not able to finish it, everyone who sees it will ridicule him,
30 saying, 'This fellow began to build and was not able to finish.'
- There is a wise and a foolish way to approach your finances.
- Without a financial plan, you have a wish list, not a blueprint.
- Create or update your budget with the help your financial advisor. Balance your budget by categorizing every Rupee - this is a zero-base budget where your income = expenses.
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