Bible study lesson created by Elder Jerrod A. Henderson based upon Proverbs 3:5-6. Taught February 26, 2014.

1. “All About the Benjamins”
Jerrod A. Henderson, Ph.D.
February 26, 2014
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2. Motivation for this lesson
radio interview on “In the Market
with Janet Parshall”
http://www.moodyradio.org
Look for past programs (Monday,
February 24th ‘1st hour’
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3. Proverbs 3:5-6
Proverbs 3: 5Trust in the Lord with
all thine heart; and lean not unto
thine own understanding. 6 In all thy
ways acknowledge him, and he shall
direct thy paths.
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4. Introduction
• Scripture constantly puts before us two choices/two
paths
– Choose who you will serve (Joshua 24:14-15)
– Choose broad vs. the narrow way (Matthew 7:13-14)
• Proverbs speaks of the way of wisdom and the way of
foolishness
– The way of wisdom leads to life & the way of foolishness
will lead to devastation
• Many stressors/devastations of life produced because
we lack wisdom in “all of our ways”
• We’ve trained people how to perfect prayer, the dance,
teaching, preaching yet neglected the natural
WE LACK THE PROPER CURRENCY TO BE SUCCESSFUL IN
CERTAIN ARENAS BECAUSE WE LACK WISDOM
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5. WE LACK THE PROPER CURRENCY TO BE
SUCCESSFUL IN CERTAIN ARENAS
• Political arena: the vote currency
• Educational arena: Degrees (associates,
bachelors, masters, Ph.D., M.D., J.D.) currency
• Life: Health & wellness currency
• God’s system: Faith currency (Hebrews 11:6)
• Market place: Money currency
• Church we should be teaching how to use all types of currency
• Dilemma is we’re asking people to give what they don’t have and
what they have not budgeted for
Tonight we are going to talk about: money, dinero, mula,
benjamins, bread, cheese, coins, etc.
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6. Questions
• If the money you were given tonight is your
budget for the month. Please describe how
you plan on using it.
• If the money you were given is a surprise gift.
Describe how you plan on using it.
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7. 1. God is the Source
• Philippians 4:19 “My God shall supply all your need
according to his riches in glory by Christ Jesus.”
– God will supply
– All belongs to Him
• 2 Corinthians 9:8 “And God is able to make all
grace abound toward you; that ye, always having
all sufficiency.”
– In other words when we take this approach we’ve got
what we need
– It’s in our hand (Moses what’s that in your hand?)
– Question now becomes how are we stewarding HIS
stuff?
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8. 2. Giving is Essential
• Luke 6:38 “Give, and it shall be given unto you; good
measure, pressed down, and shaken together, and
running over, shall men give unto your bosom. For with
the same measure that ye mete withal it shall be
measured to you again.”
– Stay in the flow… while you are taking care of God’s
business, he’s taking care of yours
– Try it…. Distribution center vs. safe deposit box
• According to Deuteronomy 14: 23, one purpose of
tithing was to teach the people of Israel to put God first
in their lives
– Never meant to be a burden but as power and
demonstration for us
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9. 3. Live Within Your Means
• Secret of Contentment - Hebrews 13:5 "Let your
conversation be without covetousness; and be content with such
things as ye have: for he hath said, I will never leave thee, nor forsake
thee."
– Old car (paid off) vs. new car with payments
– II Corinthians 6:10 “As sorrowful, yet always rejoicing;
as poor, yet making many rich; as having nothing, and
yet possessing all things.”
• Allows room for things to happen
• Remove emotion from giving, saving & spending
– Next day test: shoes
Contentment quote “Use it up, wear it out, make it do, do without.”
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10. 4. Increase Your Saving
• Proverbs 21:20 “There is treasure to be desired and oil in
the dwelling of the wise; but a foolish man spendeth it up.”
• Saving  every little bit helps
$25/mo
$50/mo
$75/mo
$100/mo
$300
Year 1
$300
$600
$900
$1200
$3600
Year 2
$600
$1200
$1800
$2400
$7200
Year 3
$900
$1800
$2700
$3600
$10,800
Year 4
$1200
$2400
$3600
$4800
$14,400
Year 5
$1500
$3000
$4500
$6000
$18,000
Year 6
$1800
$3600
$5400
$7200
$21,600
Year 7
$2100
$4200
$6300
$8400
$25,200
Year 8
$2400
$4800
$7200
$9600
$28,800
Year 9
$2700
$5100
$8100
$10,800
$32,400
Year 10
$3000
$6000
$9000
$12,000
$36,000
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11. Savings & Group Giving
• Takes advantage of the principle of multiplicity
• What if we had a corporate gift
– See how we could reach goals corporately
$1,000
$5,000
$10,000
$35,000
25 members
$40
(each)
$200
$400
$1400
50 members
$20
(each)
$100
$200
$700
100 members
$10
(each)
$50
$100
$350
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12. 5. Keep Out of Debt
• Psalm 37:21 “the wicked borroweth, and payeth not again."
The minute a person goes into debt, he loses a portion of
his freedom.”
• Proverbs 22:7 "The rich ruleth over the poor, and the
borrower is servant to the lender."
• Keep a budget
– Through wisdom is an house builded; and by understanding it is
established: and by knowledge shall the chambers be filled with
all precious and pleasant riches" (Proverbs 24:3,4)
– Teach our children
•
•
Write down a name for all of your debts... list them all.
Rank them in the order you’d like to get rid of them.
How might I better manage my finances?
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13. Ways to pay down debt
• Set small goals
• Pay off lower balances first and pay slightly above
the minimum payment on all other debts. Once
the debts with the lowest balances are paid off,
use the extra money to pay off the next lowest
balance. Continue to do this until you are debt
free.
• Don’t enter into any “new” debts until old ones
are paid off
• ALWAYS PAY MORE THAN THE MINIMUM
BALANCE
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14. Budget
• Can be as simple or as complex as you’d like
January
February
Income
$7000
Balance
Tithes & Offering
$800
$6200
Savings
$300
$5900
Mortgage
$800
$5100
Electricity
$150
$4950
Cable
$150
$4800
Groceries
$200
$4600
Gas
$200
$4400
Car Note
$400
$4000
Student Loan
$300
$3750
Credit Card 1
$100
$3650
Entertainment
$50
Balance
$3600
$400
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15. Where do we go from here?
• http://billiondollarpaydown.com/ (free
resource)
• Invest in the book (dfree Breaking Free from
Financial Slavery) DeForest B. Soaries, Jr.
• Register for our Financial Vitality Workshops
– February 26 (tonight- Introduction)
– May 1 (a banker/financial planner will lead)
– October 2 (a banker/financial planner will lead)
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