Financial Management Skills of the Believers.

1. “Financial-Management Skill of the Believers”

2. Luke 16:11
So if you have not been
trustworthy in handling worldly
wealth, who will trust you with
true riches?

3. Proverbs 22:29
Do you see someone skilled in
their work? They will serve before
kings; they will not serve before
officials of low rank.

4. Ecclesiastes 10:10
If the ax is dull and its edge
unsharpened, more strength
is needed, but skill will bring
success

5. 7 areas of personal development plan
(Holistic and balanced life)
1. Spiritual Goal
2. Character Goal
3. Relationship Goal
4. Health Goal
5. Financial Goal
6. Skills and Craftsmanship Goal
7. Life-Mission Goal (Soul-winning and
Discipleship

6. One (1)
Money has to be managed
and controlled by believers
in a godly way.

7. Luke 16:2
So he called him in and asked him,
‘What is this I hear about you? Give an
account of your management,
because you cannot be manager any
longer.’

8. Two (2)
There must be self-discipline on
spending and expenditures.

9. II Timothy 1:7
For the Spirit God gave us
does not make us timid, but
gives us power,love and self-
discipline.

10. Titus 2:12
It teaches us to say “No” to ungodliness
and worldly passions, and to live self-
controlled, upright and godly lives in this
present age,

11. I Thessalonians 5:6
So then, let us not be like
others, who are asleep, but let
us be awake and sober.

12. I Peter 5:8
Be alert and of sober mind. Your
enemy the devil prowls around like a
roaring lion looking for someone to
devour.

13. Three (3)
There must be a set budget
committed to the Motto: “Live
within your means"

14. Proverbs 21:5
The plans of the diligent
lead to profit as surely as
haste leads to poverty.

15. A. family budget
RULE #1
Everyone cooperates with it and follows it.

16. 1. Whole Tithes
2. Rental or
Housing Amortisation
3. Electric Bill
4. Water Bill
5. Food
6. Toiletries
7. Phone Bill/load
8. Gasoline/Fare
9. Car loan
10. Support to Family
(parents, studying siblings)
11. Ministry and discipleship
(food, gas, bonding)
12. Gifts for and shares for
the occasions
13. Clothing
14. Studies (daily allowance ,
projects, tuition fees)
15. Bonding and Travel
Goals
16. Insurance (pre-need)
17. Savings

17. B. Working single people budget.

18. 1. Whole Tithes
2. Share to Family (Parents, food and
bills , siblings supports)
3. Phone bill
4. Gas/ allowance
5. Food at work
6. Gimmick (travel goals)
7. Gifts for special occasions
8. Ministry and discipleship
9. Savings

19. C. student budget

20. 1. Whole Tithes
2. Food (milktea, mcdo, etc)
3. Fare
4. Ministry and discipleship
5. Clothes
6. Gadgets
7. Phone load
8. Savings

21. D. Small kids budget

22. 1. Tithes
2. Toys
3. Savings

23. Envelope for each

24. Four (4)
A specific monthly savings must
be designated for bigger plans or
investments

25. This is called: Pay yourself
first
 20% of NET PAY is the universal
savings. Mandatory in Singapore
 Start less than 20% even 5%

26. Five (5)
Avoid unnecessary loan and
installments

27. Proverbs 22:7
The rich rule over the poor,
and the borrower is slave to
the lender.

28.  You will have peace of mind and peaceful
relationship
 You will know how to pray and seek God for
additional blessings
 The family will know the true status of
finances in the family for prayer and
cooperation.