Memory verse 1: Everything in the heavens and earth is yours, O Lord, and this is your kingdom. We adore you as being in control of everything.  1 Chronicles 29:11

Memory verse 2: “Just as the rich rule the poor, so the borrower is servant to the lender” Proverbs 22:7

Memory verse 3: “the way of the fool is right in his own eyes, but a wise man is he who listens to counsel” Proverbs 12:15

Memory verse 4: “you shall not steal, nor deal falsely, nor lie to one another” Leviticus 19:11

Memory verse 5: “whatever you do, do your work heartily, as for the Lord rather than for men” Colossians 3:23

Memory verse 6: “for where your treasure is, there will your heart be also”   Matthew 6:21

Memory verse 7: ““steady plodding brings prosperity, hasty speculation brings poverty”  Proverbs 21:5

Good morning! This is our last day on saving and investing. If i could sum it up so far, we need to start early and allow time and compounding work for us. And we need to be cautious in any investment, remembering there is always an element of risk. These things should all be done only if we are also consistently giving. Remember this is God’s money we are handling. So with that in mind, let’s look at today’s topic, a short one today.

Acceptable Goals for Investing

1. To provide for your family

“if any one does not provide for his own, and especially for those of his household, he has denied the faith and is worse than an unbeliever” 1 Timothy 5:8

Now you could argue this verse just means we need to be working to provide for our family. However, I think of the many farmers around our area as an example. As their family grows, many are improving and growing the size of their farms to accomodate the extra members so that they will all be able to provide themselves a living. This is investing for future and for your household. Saving money for future needs is another way to provide for your household. If you are the sole breadwinner of the family, and you get injured or fall ill, what would you do if there was nothing to fall back on? We need to consider the future always when budgeting our income.

2. to diminish dependence upon salary

3. to accumulate capital to operate your business without debt

4. to teach your children to do the same

And this will be the next topic in our study “teaching your children”

Tomorrow – we will write a budget using all the different information and forms you’ve filled out over the past several weeks

 

Lord, thank you for you wise counsel. Thank you for the day you’ve given us, may we use our time to be a light to those around us. In Jesus name, amen