Money, Faith & Financial Vision
True or False- money can impact relationships for the worse
TRUE
There are many benefits in living pay check to pay check
False, NO!
Yes (true)
God wants us to be what with our income?
Generous! Give, help others
Paying rent is an example of
A NEED
Live on ______ you make
Less than
Who has a plan for your money
God!
Buying a house by 33 is an example of what type of goal?
Long-term
One who manages the resources of another
Steward
____ Managing one's own money
Personal Finance
You are a steward of...
God's resources
round to the nearest dollar and solve 35.25+10.86
~$46
Graduating High School is an example of what kind of goal
Short term
Why do you need an emergency fund?
Because bad things can and will happen (or things you didn't plan for or want to happen)
Eating out is an example of
What is a WANT
Being a spender has more positives than being a saver
FALSE
Personal finance is 20%______
Head knowledge
It's not good to get other peoples advice when making decisions
False
What is money that remains after necessary expenses are paid
Discretionary income
Three keys to financial success
1. Adequate Income
2. Adequate savings
3. Control your spending!
Blank are the most accurate indicator of a person's vision and beliefs
actions
What is the best way to control your spending
Using a budget
Who I want to be and how I want to live
a vision
Feelings of regret after buying something
buyer's remorse
When you set goals they should be..
SMART
Specific
Measurable
Achievable
relevent
Time sensitive