My Financial New Year 1 Timothy 6:6-19
Where is the source of true contentment?
Four areas of financial planning Wealth creation Taxation minimisation Estate planning Risk management
Godliness with contentment is great gain 1 Timothy 6:6
Looking for contentment… From materialism? Internalisation?
Finding contentment: God’s grace
Money: Not earnings, but a gift from God
We brought nothing into the world, and we can take nothing out of it. 1 Timothy 6:7
Godliness with contentment is great gain 1 Timothy 6:6
People who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge men into ruin and destruction. For the love of money is a root of all kinds of evil. 1 Timothy 6:9-10
Some people, eager for money, have wandered from the faith and pierced themselves with many griefs. 1 Timothy 6:10
Flee from all of this, and pursue righteousness, godliness, faith, love, endurance and gentleness. 1 Timothy 6:11
Take hold of the eternal life to which you were called when you made your good confession in the presence of many witnesses. 1 Timothy 6:12
Command those who are rich in this preset world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment. 1 Timothy 6:17
Four principles for spending Indulgence Futility Awareness Generosity
In this way they will lay up treasure for themselves as a firm foundation for the coming age, so that they may take hold of the life that is truly life. 1 Timothy 6:19
Financial planning Wealth creation Taxation minimisation Estate planning Risk management
Wealth creation (management) Should I invest? What is my work ethic?
Taxation minimisation What do you get for your tax? Is this an opportunity for generosity
Estate planning (wills) What message are you passing onto your children? Is this an opportunity for generosity?
Risk management (income protection) Put a dollar value on contentment
Contentment comes only from knowing and experiencing God’s grace for us.