Building a Strong
Financial House
Tim Mooney
EVENT?
DATE?
Which one best describes you?
1. I’m experiencing some serious financial problems. I
need some help!
2. I’m barely making ...
 How do I put the Five Ways to Handle
Money into action?
 What does a faithful steward’s financial life
actually look li...
Build a Strong
Financial House
Control Cash Flow
Implement a
Sequential
Investment
Strategy
Plan Your
Estate
Manage Risks
...
Control Cash
Flow
Build a Strong
Financial House
Implement a
Sequential
Investment
Strategy
Plan Your
Estate
Manage Risks
...
• Effective stewards are made - not born!
• Focus on the NEXT ACTION STEP
• Be honest with yourself about money
• Take set...
Contact Tim…
timothylmooney@gmail.com
about.me/timothylmooney
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Building a Strong Financial House (stand alone)

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How to put the Five Ways to Handle Money into action. Gives a picture of what a steward's financial life actually looks like. Plus, a strategy to get started on handling money faithfully.

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  • INDEX CARDS…Write down which one of these statements best describes your situation.This talk is for you if you are . . .PERSON #1 - You are in crisis, and this will show you there is hope.PERSON #2 - You have a false sense of security that is only one mis-step away from disaster.PERSON #3 - You are in good “financial” shape but maybe you need to look at what it means to lead a financial lifestyle from God’s perspective.PERSON #4 - You are apparently honoring God with your lifestyle. Maybe you need to step up and help out other people in this area.Everybody falls into one of those categories. And, the topic of handling money is relevant for every person in the room. That’s probably why you are here!
  • I have asked these same questions AND put together a model to help you make practical application
  • Building a Strong Financial HouseWhat is this good for?Model is a snapshot of a well-rounded life according to sound financial principles.Also can be used as a step-by-step guide for “putting your financial house in order”READ SEGMENTSFOCUS ON FOUNDATIONKEEP UPPER LEVELS IN MIND AS YOU ARE READY FOR THEM
  • Caveats:Not everyone’s house will look the same! We all start to build our financial house at different places.Don’t try all of these at once! Start with the foundation and build from there.If your house is already messy, don’t give up! You can put it back together with some work and commitment.
  • Transcript of "Building a Strong Financial House (stand alone)"

    1. 1. Building a Strong Financial House Tim Mooney EVENT? DATE?
    2. 2. Which one best describes you? 1. I’m experiencing some serious financial problems. I need some help! 2. I’m barely making it between paychecks. I know I owe too much, but I’m getting by for now. 3. I’m pretty good with money. Not in debt. Save regularly. Might even try investing sometime. 4. I’ve taken a look at what the Bible says, and it has made a big difference in the way I handle money. Money Quiz
    3. 3.  How do I put the Five Ways to Handle Money into action?  What does a faithful steward’s financial life actually look like?  Where do I start? Build a Strong Financial House Common Questions
    4. 4. Build a Strong Financial House Control Cash Flow Implement a Sequential Investment Strategy Plan Your Estate Manage Risks of Life
    5. 5. Control Cash Flow Build a Strong Financial House Implement a Sequential Investment Strategy Plan Your Estate Manage Risks of Life Charitable Giving Manage TaxesUtilize Spending Plan: Outflow Less Than Inflow Channel the Excess Properly Eliminate Short-Term High-Interest Debt Set Aside 3-6 Months Living Expenses for Emergencies or Unexpected Needs Save for Planned Purchases of Major Items (House, Auto, Furniture) Accumulate Funds for Long-Term Goals (Education, Retirement) Select an Attorney Draft Your Wills Consider Need for Trusts or Other Options INCOME DISRUPTION Disability Insurance EARNING ABILITY Life Insurance PROPERTY LOSS Homeowner’s or Renter’s Insurance
    6. 6. • Effective stewards are made - not born! • Focus on the NEXT ACTION STEP • Be honest with yourself about money • Take setbacks as opportunities Bringing it all together…
    7. 7. Contact Tim… timothylmooney@gmail.com about.me/timothylmooney

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