1. Bulging Budget Lines
10/9/2014

2. Savings Review
 3 Reasons
 Emergencies
 Purchases
 Wealth
 Emergency Fund
 $500 - $1000
 3-6 Months of Expenses

3. Budgets = Plans
 If you have a dollar, you need a budget
 Luke 16:10
Whoever can be trusted with very little can also be trusted with
much, and whoever is dishonest with very little will also be
dishonest with much.

4. Budgets = Plans
Take control of your finances or…
Live paycheck to paycheck?
 Consider the Ant…
 Proverbs 6: 6-9
Go to the ant, O sluggard; consider her ways, and be wise. Without
having any chief, officer, or ruler, she prepares her bread in summer and
gathers her food in harvest. How long will you lie there, O sluggard? When
will you arise from your sleep?

5. Budgets = Plans
If…
 Completed Monthly
 Evaluates current spending habits
 Identifies opportunities to save
 Practiced Daily
 Maintains accountability
 Builds the crucial discipline of living within our means

6. Let’s Do This Thing…
BUDGETS

7. List your goals
 Emergency Fund
 Save for School
 Pay off car loan
Put them in order

8. Understand Your Income
FIT Withheld (Federal Tax)
Medicare EE Withheld (Medicare)
SS EE Withheld (Social Security)
SIT Withheld (MA State Tax)

9. List Your Expenses
MS Excel Mint.com PPC

10. Healthy Budgets
 Tithe
 Proverbs 3:9
Honor the Lord with your wealth and the first fruits of all
your produce
 1 Corinthians 16:2
On the first day of every week, each of you is to put
something aside and store it up, as he may prosper, so
that there will be no collecting when I come.

11. Healthy Budgets
 Savings
 Debt
 No less than the min, every month!
 Variable/Discretionary/Fun Expenses
 But on a tight leash
 A Plan you can stick with!

12. Now, It’s Your Turn…