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COUPLES AGLOW SEMINAR  1 MONEY MATTERS IN MARRIAGE 2 July 2011 DELIVERANCE CHURCH
2 July 2011 MONEY MATTERS IN MARRIAGE 2 Money Matters in Marriage Presented by: Bro. Henry Mahugu Wanjohi
MONEY MATTERS: Power & Control Stewardship Investments Retirement 3 MONEY MATTERS IN MARRIAGE 2 July 2011
2 July 2011 MONEY MATTERS IN MARRIAGE 4 POWER & CONTROL
Husband/Wife Balance Agreement on Operating Standards Power & Control Struggle Amos 3:3 Marriage Eagle vs. Duck  Combination
Vision: Till death do us part. Relationship Maturity curve Maturity Living together >  24yrs 4 Accepting one  Another 15 – 24yrs 3 2 Coping and  Understanding one another 7 – 14 yrs 1 Meeting and  knowing one another 1 – 7yrs        0 Time (Yrs) How soon do you give up? When do you give up? What do you give up? Where do you give up?
Sources of Stress Politics In-Laws School Fees Death Family Marriage Home Ownership Matthew 11:29-30 “Take my yoke upon you and learn from me..” Ageing Boss Retirement Spouse Clothing Debts Health Security Money
STEWARDSHIP 8 MONEY MATTERS IN MARRIAGE 2 July 2011
Stewardship - Definition  In general stewardship is the responsibility for taking good care of resources entrusted to someone.  9 MONEY MATTERS IN MARRIAGE 2 July 2011
Stewardship in Christianity  In a Christian context, stewardship refers to the responsibility that Christians have for the  gifts that God has bestowed on them.  In some settings, stewardship is operationalised as time, talent and treasure.  In this context: (Management of 3Ts) Stewardship = Time + Talent + Treasure 10 MONEY MATTERS IN MARRIAGE 2 July 2011
2 July 2011 MONEY MATTERS IN MARRIAGE 11 Investment driven by Stewardship God Rewards Stewardship Knowledge Understanding Wisdom Isa. 11
Definitions: Time quantifies or measures the interval between events, or the duration of events. A gift can be a special talent or ability that was not earned through the usual amount of long and difficult practice but instead comes easily to the recipient in a natural way. Treasure is a concentration of riches, often that which is considered lost or forgotten until being rediscovered  12 MONEY MATTERS IN MARRIAGE 2 July 2011
Treasures in Heaven  Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal  (Matthew 6:19) For where your treasure is, there your heart will be also(Matthew 6:21) 13 MONEY MATTERS IN MARRIAGE 2 July 2011
Retirement Quotes: The question isn't at what age I want to retire, it's at what income.  ~George Foreman Don't simply retire from something; have something to retire to.  ~Harry Emerson Fosdick Retirement kills more people than hard work ever did.  ~Malcolm Forbes 14 MONEY MATTERS IN MARRIAGE 2 July 2011
INVESTMENTS 15 MONEY MATTERS IN MARRIAGE 2 July 2011
2 July 2011 MONEY MATTERS IN MARRIAGE 16 INVESTMENTS During your Youth
2 July 2011 MONEY MATTERS IN MARRIAGE 17
18 MONEY MATTERS IN MARRIAGE 2 July 2011
Net savings Invested in a house Note Interest expense Scenario 1 19 MONEY MATTERS IN MARRIAGE 2 July 2011
5 Yrs Additional Kshs. 3K Scenario 2 Savings 20 MONEY MATTERS IN MARRIAGE 2 July 2011
Reduce Period by almost 50% Additional Kshs. 8K Scenario 3 Notice Impact 21 MONEY MATTERS IN MARRIAGE 2 July 2011
Principal amount increases Change Interest Rate Pay same amount 22 MONEY MATTERS IN MARRIAGE 2 July 2011
RETIREMENT Cycle (Investment in old age) 23 MONEY MATTERS IN MARRIAGE 2 July 2011
IN YOUR 20s  Key points:  Focus on clearing    your debts.  But make sure you open an Investment plan.  Then save what you can afford.  IN YOUR 30s  Key points:  Reassess your debts and outgoings  Join your company pension scheme as soon as possible  Think long-term with your investments.  IN YOUR 40s  Key points:  If you haven't started saving, do something about it!  Keep building your Investment Account.  Your earnings should be peaking - dedicate some to a pension IN YOUR 50s  Key points:  Maximise your contributions  Remove risk from your pension investment plan  Consider using a Self Investment Personal Plan for greater control IN YOUR 60s  Key points:  Check that all your debts, including mortgage, are in order  Decide on whether you'll buy an annuity immediately or take drawdown  Talk to an expert before you take any action. ,[object Object],Retire happily 24 MONEY MATTERS IN MARRIAGE 2 July 2011 Handover Assets
2 July 2011 MONEY MATTERS IN MARRIAGE 25 Transferred Value Kes. 100K NB: Some people started with ZERO Transferred Values KES.  800K Transferred Value Kes. 1.5M Children receive accumulated blessings Prov. 20:21 An inheritance claimed too soon will not be blessed at the end.
2 July 2011 MONEY MATTERS IN MARRIAGE 26 Facts & Figures Subject to TAX
2 July 2011 MONEY MATTERS IN MARRIAGE 27 Thank You  & God richly Bless you.

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Money matters in marriage

  • 1. COUPLES AGLOW SEMINAR 1 MONEY MATTERS IN MARRIAGE 2 July 2011 DELIVERANCE CHURCH
  • 2. 2 July 2011 MONEY MATTERS IN MARRIAGE 2 Money Matters in Marriage Presented by: Bro. Henry Mahugu Wanjohi
  • 3. MONEY MATTERS: Power & Control Stewardship Investments Retirement 3 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 4. 2 July 2011 MONEY MATTERS IN MARRIAGE 4 POWER & CONTROL
  • 5. Husband/Wife Balance Agreement on Operating Standards Power & Control Struggle Amos 3:3 Marriage Eagle vs. Duck Combination
  • 6. Vision: Till death do us part. Relationship Maturity curve Maturity Living together > 24yrs 4 Accepting one Another 15 – 24yrs 3 2 Coping and Understanding one another 7 – 14 yrs 1 Meeting and knowing one another 1 – 7yrs 0 Time (Yrs) How soon do you give up? When do you give up? What do you give up? Where do you give up?
  • 7. Sources of Stress Politics In-Laws School Fees Death Family Marriage Home Ownership Matthew 11:29-30 “Take my yoke upon you and learn from me..” Ageing Boss Retirement Spouse Clothing Debts Health Security Money
  • 8. STEWARDSHIP 8 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 9. Stewardship - Definition In general stewardship is the responsibility for taking good care of resources entrusted to someone. 9 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 10. Stewardship in Christianity In a Christian context, stewardship refers to the responsibility that Christians have for the gifts that God has bestowed on them. In some settings, stewardship is operationalised as time, talent and treasure. In this context: (Management of 3Ts) Stewardship = Time + Talent + Treasure 10 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 11. 2 July 2011 MONEY MATTERS IN MARRIAGE 11 Investment driven by Stewardship God Rewards Stewardship Knowledge Understanding Wisdom Isa. 11
  • 12. Definitions: Time quantifies or measures the interval between events, or the duration of events. A gift can be a special talent or ability that was not earned through the usual amount of long and difficult practice but instead comes easily to the recipient in a natural way. Treasure is a concentration of riches, often that which is considered lost or forgotten until being rediscovered 12 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 13. Treasures in Heaven Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal (Matthew 6:19) For where your treasure is, there your heart will be also(Matthew 6:21) 13 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 14. Retirement Quotes: The question isn't at what age I want to retire, it's at what income.  ~George Foreman Don't simply retire from something; have something to retire to.  ~Harry Emerson Fosdick Retirement kills more people than hard work ever did.  ~Malcolm Forbes 14 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 15. INVESTMENTS 15 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 16. 2 July 2011 MONEY MATTERS IN MARRIAGE 16 INVESTMENTS During your Youth
  • 17. 2 July 2011 MONEY MATTERS IN MARRIAGE 17
  • 18. 18 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 19. Net savings Invested in a house Note Interest expense Scenario 1 19 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 20. 5 Yrs Additional Kshs. 3K Scenario 2 Savings 20 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 21. Reduce Period by almost 50% Additional Kshs. 8K Scenario 3 Notice Impact 21 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 22. Principal amount increases Change Interest Rate Pay same amount 22 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 23. RETIREMENT Cycle (Investment in old age) 23 MONEY MATTERS IN MARRIAGE 2 July 2011
  • 24.
  • 25. 2 July 2011 MONEY MATTERS IN MARRIAGE 25 Transferred Value Kes. 100K NB: Some people started with ZERO Transferred Values KES. 800K Transferred Value Kes. 1.5M Children receive accumulated blessings Prov. 20:21 An inheritance claimed too soon will not be blessed at the end.
  • 26. 2 July 2011 MONEY MATTERS IN MARRIAGE 26 Facts & Figures Subject to TAX
  • 27. 2 July 2011 MONEY MATTERS IN MARRIAGE 27 Thank You & God richly Bless you.