1. Tom Wells Money Map Coach and Trainer, Crown Financial Ministries
Seminar Instructor, Crown Financial Ministries
Referral Coach, Compass-finances God’s Way
NANC Certified Biblical Counselor

2. Marriage: Once and for All
The Cheering Section: Whys and Hows
Money: Ins and Outs of Income and Outgo
Snags: Common Problems and Complications
Times of your Lives: Engagement through the Empty Nest
Creating Your Own Home Sweet Home

3. All things (good and bad) are used by God to make us more Christ-like
Romans 8:28-29:
And we know that all things work together for good to them that love God, to them who are the called according to his purpose. For whom he did foreknow, he also did predestinate to be conformed to the image of his Son, that he might be the firstborn among many brethren.

4. Marriage: Once and for All
The Cheering Section: Whys and Hows
Money: Ins and Outs of Income and Outgo
Snags: Common Problems and Complications
Times of your Lives: Engagement through the Empty Nest
Creating Your Own Home Sweet Home

5. Four Laws of Communication
1A - Be Honest – Speak
1B - Be Honest - Speak Truth
1C - Be Honest - Speak Truth Lovingly
2 – Keep Current
2A. Be angry and sin not.
2B. Don’t be Guilty of sin, open resentment and hatred, distort future problems, endangering sex life
2C. Do not be anxious for tomorrow (Matthew 6:34).

6. Four Laws of Communication
3. ATTACK PROBLEMS – Not People (vv. 26,27)
3A. “Unwholesome words” (“corrupt communication” – KJV)
3B. “Edifying” communication
4 - ACT! DON’T REACT! (vv )
4A. Reaction (v. 31) –Bitterness, Wrath, Anger, Clamor, Slander, Malice
4B. Actions (v. 32) –Kind, Tenderhearted, Forgiving
4C. Arguments are possible only if there are two people who react.
Col. 3: 9 - Lie not one to another, seeing that ye have put off the old man with his deeds;

7. Complete the Goals Form Memorize Ephesians 4:29
Homework for week 2
Complete the Goals Form
Memorize Ephesians 4:29
29 - Let no corrupt communication proceed out of your mouth, but that which is good to the use of edifying, that it may minister grace unto the hearers.
Col. 3: 9 - Lie not one to another, seeing that ye have put off the old man with his deeds;

8. Marriage: Once and for All
The Cheering Section: Whys and Hows
Money: Ins and Outs of Income and Outgo
Snags: Common Problems and Complications
Times of your Lives: Engagement through the Empty Nest
Creating Your Own Home Sweet Home

9. FREE TO SERVE! True Financial Freedom Home Mortgage Paid Off
Retirement Funded
FREE TO SERVE!
Kid’s Education Funded
Estate Plan in Order
Buy Home and Begin Investing
Save for Major Purchases
Consumer Debt is Paid Off
Prepay
Mortgage
Credit Cards Paid Off
Home
Auto
Retirement
Education
Business
Emergency Savings
Increase Savings to 3 Month’s Living Expenses
Increase Savings to 1 Month’s Living Expenses
Start Budget
Save $1000 9

10. God Cares about your Money!
Your Part is to Be a steward
1 Cor. 4:2 - Moreover it is required in stewards, that a man be found faithful.
Luke 17:12-14
12 - And as he entered into a certain village, there met him ten men that were lepers, which stood afar off:
13 – And they lifted up their voices, and said, Jesus, Master, have mercy on us.
14 - And when he saw them, he said unto them, Go shew yourselves unto the priests. And it came to pass, that, as they went, they were cleansed.

11. God Cares about your Money!
Be faithful with 100% (Five Finger analogy)
Give some
Save some
Get out of debt with some
Spend some
You’ll always have some
Luke 17:12-14
12 - And as he entered into a certain village, there met him ten men that were lepers, which stood afar off:
13 – And they lifted up their voices, and said, Jesus, Master, have mercy on us.
14 - And when he saw them, he said unto them, Go shew yourselves unto the priests. And it came to pass, that, as they went, they were cleansed.

12. God expresses love by giving John 3:16
1) Give some!
We are called to reflect God’s character. Romans 8:29
God expresses love by giving John 3:16
Romans 8:29 – For whom He foreknew, He also predestined to become conformed to the image of His Son, that He might be the first-born among the bretheren;
John 3:16 – For God so loved the world, that He gave His only begotten Son, that whoever believes in Him should not perish, but have eternal life.
1 John 3:17 (World’s Goods), - But whoever has the world's goods, and beholds his brother in need and closes his heart against him, how does the love of God abide in him?
James 2:15-17 (brother without) - 15-If a brother or sister is without clothing and in need of daily food, 16-and one of you says to them, "Go in peace, be warmed and be filled," and yet you do not give them what is necessary for their body, what use is that?

13. God Cares about your Money!
Be faithful with 100% (Five Finger analogy)
Give some
Save some
Get out of debt with some
Spend some
You’ll always have some
Luke 17:12-14
12 - And as he entered into a certain village, there met him ten men that were lepers, which stood afar off:
13 – And they lifted up their voices, and said, Jesus, Master, have mercy on us.
14 - And when he saw them, he said unto them, Go shew yourselves unto the priests. And it came to pass, that, as they went, they were cleansed.

14. We are to plan for the unexpected
2) Save some!
We are to plan for the unexpected
Proverbs 22:3
A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.
1-Jan-19

15. God Cares about your Money!
Be faithful with 100% (Five Finger analogy)
Give some
Save some
Get out of debt with some
Spend some
You’ll always have some
Luke 17:12-14
12 - And as he entered into a certain village, there met him ten men that were lepers, which stood afar off:
13 – And they lifted up their voices, and said, Jesus, Master, have mercy on us.
14 - And when he saw them, he said unto them, Go shew yourselves unto the priests. And it came to pass, that, as they went, they were cleansed.

16. 3) Get out of debt with some
a. Financial bondage is the state of being captivated or overwhelmed by money matters…mental/spiritual
“rich” can be in bondage
“The rich ruleth over the poor, and the borrower is servant to the lender.” (Proverbs 22:7).
Gen 29:34 – And she conceived again and bore a son and said, “Now this time my husband will become attached to me, because I have born him three sons”. Therefore he was named Levi.
Isaiah 56:3 – Let not the foreigner who has joined himself to the Lord say, “The Lord will surely separate me from His people.” Neither let the eunuch say, “Behold, I am a dry tree.”
1-Jan-19

17. 3) Get out of debt with some
Wealthy Man in bondage on plan to fix summer home
Borrow = “lawa” = “join, bind, twine, twist together” Gen 29:34 - Wife “bound” to husband Leah named 3rd son Levi Isaiah 56:3 - a man “joined to God”
Gen 29:34 – And she conceived again and bore a son and said, “Now this time my husband will become attached to me, because I have born him three sons”. Therefore he was named Levi.
Isaiah 56:3 – Let not the foreigner who has joined himself to the Lord say, “The Lord will surely separate me from His people.” Neither let the eunuch say, “Behold, I am a dry tree.”
1-Jan-19

18. 3) Get out of debt with some
The Biblical Time Limit On Debt
“At the end of every seven years thou shalt make a release. And this is the manner of the release: Every creditor that lendeth ought unto his neighbour shall release it; he shall not exact it of his neighbour, or of his brother; because it is called the LORD's release.” (Deut. 15:1-2)
Deuteronomy 15:1-2 - “At the end of every seven years you shall grant a remission of debts. And this is the manner of remission: every creditor shall release what he has loaned to his neighbor; he shall not exact it of his neighbor and his brother, because the Lord’s remission has been proclaimed.”
Seven years!
1-Jan-19

19. 3) Four Attitudes That Foster Debt
a. Ignorance Prov. 22:3 (Prudent Hides) Lack of Financial Training
b. Indulgence Prov. 13:25 (Righteous Enough; Wicked Stomach need) Unrestrained gratification
Proverbs 22: 3 The prudent sees the evil and hides himself, But the naive go on, and are punished for it.
Proverbs 13: 25 The righteous has enough to satisfy his appetite, But the stomach of the wicked is in need.
1-Jan-19

20. 3) Four Attitudes That Foster Debt
c. Imprudence Prov. 16:3 (Commit) Poor Planning
Proverbs 22: 3 The prudent sees the evil and hides himself, But the naive go on, and are punished for it.
Proverbs 13: 25 The righteous has enough to satisfy his appetite, But the stomach of the wicked is in need.
Proverbs 16: 3 Commit your works to the LORD And your plans will be established.
Proverbs 28: 13 He who conceals his transgressions will not prosper, But he who confesses and forsakes them will find compassion.
1-Jan-19

21. 1-Jan-19

22. 3) Four Attitudes That Foster Debt
c. Imprudence Prov. 16:3 (Commit) Poor Planning
d. Lack of communication Prov. 28:13 (Confess)
Proverbs 22: 3 The prudent sees the evil and hides himself, But the naive go on, and are punished for it.
Proverbs 13: 25 The righteous has enough to satisfy his appetite, But the stomach of the wicked is in need.
Proverbs 16: 3 Commit your works to the LORD And your plans will be established.
Proverbs 28: 13 He who conceals his transgressions will not prosper, But he who confesses and forsakes them will find compassion.
1-Jan-19

23. Run toward your creditors, not away from them.

24. If you have a harassing creditor, husbands need to protect their wives.
1 Peter 3:7 - Likewise, ye husbands, dwell with them according to knowledge, giving honor unto the wife, as unto the weaker vessel, and as being heirs together of the grace of life; that your prayers be not hindered.

25. When Peter says the wife is a “weaker partner”, he is saying that she is more emotionally sensitive.

26. Fair Debt Collection Practices Act
AnnualCreditReport.com

27. Sean to send pic of:
SET YOUR HOUSE IN ORDER WORK
BOOK & CO

28. 3) Get out of Debt with Some!
Paying off plastic
Snowball
Plastic Surgery
Lower The Interest Rate
Luke 17:12-14
12 - And as he entered into a certain village, there met him ten men that were lepers, which stood afar off:
13 – And they lifted up their voices, and said, Jesus, Master, have mercy on us.
14 - And when he saw them, he said unto them, Go shew yourselves unto the priests. And it came to pass, that, as they went, they were cleansed.

29. 3) Get out of Debt with Some!
Special Considerations for paying off your Wheels
Luke 17:12-14
12 - And as he entered into a certain village, there met him ten men that were lepers, which stood afar off:
13 – And they lifted up their voices, and said, Jesus, Master, have mercy on us.
14 - And when he saw them, he said unto them, Go shew yourselves unto the priests. And it came to pass, that, as they went, they were cleansed.

30. Identify the mistakes and employ the remedies.
Mistake: Asset Mismanagement:
Lack of maintenance (inattention)
Frequent turnover
Leasing vehicles 30

31. Remedy: Follow manufacturer’s recommended maintenance schedule
Preventive maintenance more cost effective.
Compare cost of purchased warranties vs. repairs.
Retain vehicles well beyond loan expiration
Continue making payments to your account for next purchase.
Compare repair cost vs. buying replacement.
Purchase pre-owned vehicles
Purchasing pre-owned is almost always preferable to buying new or leasing. 31

32. THE BEST TIME TO PURCHASE VEHICLE:
(2-1/2 to 4-1/2 Years Old)

33. 3) Get out of Debt with Some!
Debt Snowball Example
Luke 17:12-14
12 - And as he entered into a certain village, there met him ten men that were lepers, which stood afar off:
13 – And they lifted up their voices, and said, Jesus, Master, have mercy on us.
14 - And when he saw them, he said unto them, Go shew yourselves unto the priests. And it came to pass, that, as they went, they were cleansed.

34. Total Payment Per Month: $1,920
Pay Max
Possible On
Lowest
Balance
Exxon
190 19
190 1
Sears
220 23 20
29.00 13
Lowest
To Highest
Payoff
Minimum
Payment To
Remainder
VISA
1200 14 30
426.00 55
Master Card
3600 21 80 90
Student Loan
11000 5
150 88
Auto Loan
19777 6
350 67
Mortgage
142000
5.25
1100
191
Total Debt: $177,987
Total Payment Per Month: $1,920

35. Total Payment Per Month: $1920
Debt Repayment Plan at 1 Month
PAID
Pay
Additional
Amount to
Next
Payee(s)
Sears
204 23
204
5.00 1
VISA
1184 14 30
28.00 54
Master Card
3583 21 86 89
Student Loan
10896 5
150 87
Auto Loan
19526 6
350 66
Mortgage
141521
5.25
1100
190
Total Payment Per Month: $1920 35

36. Total Payment Per Month: $1920
Debt Repayment Plan at 2 Months
PAID
PAID
VISA
1168 14 30
28.00 52
Master Card
3564 21
290 88
Student Loan
10791 5
150 86
Auto Loan
19274 6
350 65
Mortgage
141040
5.25
1100
189
Total Payment Per Month: $1920 36

37. Total Payment Per Month: $1920
Debt Repayment Plan at 16 Months
PAID
PAID
VISA
908 14
320 38
PAID
Student Loan
9280 5
150 74
Auto Loan
15605 6
350 53
Mortgage
134083
5.25
1100
175
Total Payment Per Month: $1920 37

38. Total Payment Per Month: $1920
Debt Repayment Plan at 19 Months
PAID
PAID
PAID
PAID
Student Loan
8944 5
150 71
Auto Loan
14754 6
670 50
Mortgage
132537
5.25
1100
172
Total Payment Per Month: $1920 38

39. Total Payment Per Month: $1920
Debt Repayment Plan at 43 Months
PAID
PAID
PAID
PAID
Student Loan
5697 5
820 47
PAID
Mortgage
119404
5.25
1100
148
Total Payment Per Month: $1920 39

40. Total Payment Per Month: $1920
Debt Repayment Plan at 51 Months
PAID
PAID
PAID
PAID
PAID
PAID
Mortgage
113945
5.25
1920
140
Total Payment Per Month: $1920 40

41. Total Payment Per Month: $0
Debt Repayment Plan at 120 Months
PAID
PAID
PAID
PAID
PAID
PAID
PAID
Total Payment Per Month: $0 41

42. 42

43. God Cares about your Money!
Be faithful with 100% (Five Finger analogy)
Give some
Save some
Get out of debt with some
Spend some
You’ll always have some
Luke 17:12-14
12 - And as he entered into a certain village, there met him ten men that were lepers, which stood afar off:
13 – And they lifted up their voices, and said, Jesus, Master, have mercy on us.
14 - And when he saw them, he said unto them, Go shew yourselves unto the priests. And it came to pass, that, as they went, they were cleansed.

44. Spend Some! (Ch. 10: p. 121)
(insert story from beginning of chapter 7, p. 85)

45. Lifestyle
Advertising: The happy sexy wrinkle-free life can be ours! … if we pay for it!
... Or Charge it!
They create discomfort and turn wants into needs!

46. Lifestyle 5 of 6 “contentments” in the Bible are about $
Philippians 4:11 - Not that I speak in respect of want: for I have learned, in whatsoever state I am, therewith to be content.
12 - I know both how to be abased, and I know how to abound: every where and in all things I am instructed both to be full and to be hungry, both to abound and to suffer need.
13 - I can do all things through Christ which strengtheneth me.

47. Goal is to reduce spending, to create more surplus
Lifestyle
Spending Category Questions
Can we change our lifestyle to reduce spending?
Do we need this item?
If we need it, can we get it less expensively?
Goal is to reduce spending, to create more surplus

48. Comparison Money is a tool to help you accomplish god’s will,
Pretense is expensive:
“People buy things they do not need with money they do not have to impress people they do not even like.” – George Fooshee
Luke 12:15 - And he said unto them, Take heed, and beware of covetousness: for a man's life consisteth not in the abundance of the things which he possesseth.
Money is a tool to help you accomplish god’s will,
not fake it until you make it!

49. Steps to developing a Spending Plan
Record income / spending for 30 days
Make a draft spending plan
Adjust your plan
Select your system
Record and Review

50. Suggestions for your Spending Plan
Find a Coach
Think Annually
$2 per day on soda is $730
Give Yourself Allowances

51. MONTHLY INCOME AND EXPENSES51

52. MONTHLY INCOME AND EXPENSES
( Form 1 - Pg 24)
Gross (all sources)
Less Tithe and Tax
Since “tithe” means a tenth, good starting point
Use tax records/ W-2 to determine
Equals NSI 52

53. MONTHLY INCOME AND EXPENSES
( Form 1 - Pg 24) 53

54. MONTHLY INCOME AND EXPENSES
( Form 1 - Pg 24) 54

55. MONTHLY INCOME AND EXPENSES
( Form 1 - Pg 24) 55

56. Discuss Long-Range and Short-range giving goals
Homework
Discuss Long-Range and Short-range giving goals
Memorize 1 Corinthians 4:2 Moreover it is required in stewards, that a man be found faithful.
Start Financial Diary for 30 days
Make a Draft Budget using FORM 1
Make a list of Debts
Col. 3: 9 - Lie not one to another, seeing that ye have put off the old man with his deeds;

57. Q & A Tom Wells Money Map Coach for Crown Financial Ministries
Seminar Instructor for Crown Financial Ministries
Referral Coach for Compass-finances God’s Way
NANC Certified Biblical Counselor