10-10-80 WK2
from COF Podcast Hosted by Community of Faith
10-10-80 THE SECOND TEN REVIEW: THE FIRST TEN • If you want to master money, money can’t be your master. • The easiest way to determine if money is your master is whether or not you tithe. • What you do with money, or desire to do with it, can make or break your happiness forever. THE SECOND TEN: PAY YOURSELF “To them, a show of godliness is just a way to become wealthy. But godliness with contentment is great gain. For we brought nothing into the world, and we can take nothing out of it. But if we have food and clothing, we will be content with that. Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction. For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.” 1 Timothy 6:5-10 Wealth will not make you content, but contentment can make you wealthy. 58% of Americans do not have $1000 in savings. 1 in 3 Americans have nothing in savings. PRINCIPLES: 1. REMEMBER GODLINESS WITH CONTENTMENT IS GREAT WEALTH 2. MAKE A PLAN, AND THEN WORK THE PLAN. Hope without a plan is just hype. “Good planning and hard work lead to prosperity, “Proverbs 21:5 Baby steps if you’re overwhelmed: • Stash $1000 in an emergency fund. • Use the power of the “Debt Snowball” • Save 3-6 months expenses • Invest for the future
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