BIBLICAL PRINCIPLES FOR DISCOVERING FINANCIAL FREEDOM

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Presentation transcript:

BIBLICAL PRINCIPLES FOR DISCOVERING FINANCIAL FREEDOM Presented by: Reverend Esther L. Gordon First Baptist Church of Glenarden Landover, Maryland

Basic Truths: God has established certain universal, non-optional principles of life. Failure to live by these principles will directly affect our attitude towards money.

Purpose: To convey that money is a trust from God and must be earned and managed according to scriptural principals. To teach individuals how to take charge of their economic circumstances and live self-sufficient lives as kingdom citizens.

Objective: To develop an understanding of biblical principles in the area of finances and how to apply them. To learn to apply the basic concepts of a) Giving; b) Receiving; and c) Managing. To become free from financial bondage. To be committed to learning and applying God’s principles of financial freedom, as opposed to the world’s system of finances.

1 Learn what it means to be financially free Deut. 8:11, 17-18

Financial Freedom Means… Giving Luke 6:38 Tithes & Offering Malachi 3:10 To the poor Proverbs 19:17; 28:27 To other Christians Romans 12:13

Financial Freedom Means… Receiving 2 Corinthians 9:6 Through diligent labor Romans 12:11 Through creative resourcefulness Proverbs 31:13 Through answers to prayer Philippians 4:6 7

Financial Freedom Means… Managing Luke 16:10 Building sales resistance Proverbs 20:14 Looking for the best buy Proverbs 31:16 Being prompt in paying bills Proverbs 3:28 8

8 Learn to Live Within Your Income Philippians 4:11-12

Live Within Your Income You are poor when you cannot secure sufficient food, clothing, or shelter. God will cause those who disobey His Word to lose money.

Live Within Your Income We should work for our substance 1 Thessalonians 4:10-12; 2 Thessalonians 3:10; Proverbs 20:4 Reduce your bills and improve your quality of life. Reduce your bills… examples Do services you are now paying for. (laundry, grass, housecleaning,) Eliminate unnecessary subscriptions. Cut off long distance phone calls and write. Reduce the number of meals that you eat out and spend time in fasting and praying. Sell possessions you are not using. Sell high-depreciating items. Eliminate credit cards. Reduce utility bills. Eliminate entertainment, hobbies, club dues/fees. Examine car and life insurance coverage. Reduce cable-tv expenses.

Live Within Your Income Contentment – Realizing that God has given me everything I need for my present happiness!

12 Be Committed to An Effective Accounting System 1 Corinthians 4:2 13

Effective Accounting System It allows us to see what God has entrusted to us. It motivates us to use what God has given us. It forces us to live within our means.

Effective Accounting System It prepares us to give an account to God. It signals the need for future planning. 15

Prepare NOW for a Lasting Heritage Matthew 6:20-21 16

Preparing For A Lasting Heritage Pass on a good name. Proverbs 22:1 Transfer a godly cause and basic life teaching. Deuteronomy 4:9

Preparing For A Lasting Heritage Understand God’s purposes for an inheritance. 18

Preparing For A Lasting Heritage Provision for the sick and elderly. A resource for education, business and home purchase. Assisting the poor. 19

Thank you! It has been a pleasure to serve you! Contact Information Reverend Esther L. Gordon Education and Training Department Head First Baptist Church of Glenarden Email: egordon@FBCGlenarden.org Phone: 301-773-3600 Thank you! It has been a pleasure to serve you!