Crash and Learn: How to Manage Money

•75% of people live paycheck-to-paycheck.
•The average 28-year-old has $34,000 in consumer debt.
•Only 50% of Americans pay off their credit cards at the end of each month. 50% don’t.

GIVE YOURSELF A POINT IF...

• You spent more than you made last year — or you don’t know if you did.

• Paying the minimum on your credit card each month is a way of life to you.

• You don’t know how much you owe — or you’re not tracking your spending.

 • You’re not sure your retirement is on track.

• You know the name of your Amazon driver.

• Your trash bins are full of cardboard boxes every week.

• You are not giving back to God 10% of the money He has entrusted to your care so that the message of Jesus can be spread.

“Then the man who had received the one talent came. ‘Master,’ he said, ‘I knew that you are a hard man, harvesting where you have not sown and gathering where you have not scattered seed. So I was afraid and went out and hid your talent in the ground. See, here is what belongs to you.’ “His master replied, ‘You wicked, lazy servant! So you knew that I harvest where I have not sown and gather where I have not scattered seed? Well then, you should have put my money on deposit with the bankers, so that when I returned I would have received it back with interest. ”‘Take the talent from him and give it to the one who has the ten talents. For everyone who has will be given more, and he will have an abundance. Whoever does not have, even what he has will be taken from him. And throw that worthless servant outside, into the darkness, where there will be weeping and gnashing of teeth.’ Matthew 25:24–30

The earth is the Lord’s, and everything in it. Psalm 24:1

“Look, the highest heavens and the earth and everything in it all belongs to the Lord your God. Deuteronomy 10:14

“No one has ever given Me anything that I must pay back because everything under the sky belongs to me.” Job 41:11

10-10-80 Plan

10% for the Kingdom of God
10% for your future
Live on the other 80%

“Will a man rob God? Yet you have robbed me! But you ask, ‘How do we rob you?’ “In tithes and offerings. You are under a curse — the whole nation of you — because you are robbing me. Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the LORD Almighty, “and see if I will not open the floodgates of heaven and pour out so much blessing that you will not have room enough for it.” Malachi 3:8–10

$100,000
- $10,000 Tithe
- $10,000 Savings
- $20,000 Taxes
 $60,000

• 5 x $5 Coffees = $25 per week or = $100 per month
- Skip the latte
- Invest $1,200 per year in a mutual fund at 7% interest
- In 35 years you could have... $194,963

• $3,000 Credit Card Debt 14% Interest Minimum Payments
- 24 years & 2 months
- You will have paid $3,754 in extra interest.
- $3,000 at 7% interest over 35 years would give you... $34,518

He who gathers money little by little makes it grow. Proverbs 13:11