BIBLE STUDY ASSIGNMENT – OCTOBER 26, 2011

“GOD’S FINANCIAL PLAN FOR YOU AND YOUR MONEY!”

This is our third week in the series “God’s Financial Plan for You and Your Money.” In Chapter 2 his book God’s Plan for Your Financial Success Charles Ross says “A life without goals is usually characterized by mediocrity.” That is so true. He goes on to say in the same paragraph “Any serious financial plan must include realistic goals.” Today we start setting serious goals.
Please prayerfully and carefully read and answer the following questions as you prepare to learn more about God’s Financial Plan for You and Your Money.
“If you are going nowhere, any road will take you there!”
1. As a Christian sets financial goals they should recognize that first things must come first. Our first priority must be setting financial goals that please God. Read Matthew 6:33 and Luke 12:31 and tell us what is the lesson from Jesus on setting priorities for our needs and wants?
2. After making God first, next must be our commitment to our home. Read Ephesians 5:21-25 and ask the married women in your group to explain what they think Paul was saying about the duties of a wife in marriage?
3. Now read Ephesians 5:21-25 again and ask the married men in your group to explain what they think Paul is teaching about how husbands should handle their responsibilities in the marriage?
4. Read 1Timothy 5:8 and ask the unmarried members of your group what does Paul teach here about the importance of taking care of your family member when you are not married when you are setting financial goals?
5. Children and youth must learn to set financial and personal goals as well. Read Ephesians 6:1-4 and ask the teenagers in your group to explain what they think Paul is teaching about the importance of their responsibilities to their parents and home life? What do they think this is saying about the responsibilities their fathers (or mothers) to them and their place in the family and home?
As Christians we must manage our resources in a responsible way that allows us to take care of our home and family needs. Those needs are good clean and safe shelter, food, and clothes. Additional financial goals include adequate insurance coverage, retirement plans, and regular savings and investment program.
6. A goal is only really important if it’s written down!! Read Exodus 24:4 and tell us what do you think God is teaching us through Moses’ actions that we can use today to begin setting our financial goals?
We should have three kinds of goals: Long-term, Medium-term and Short-term.
Long-term goals are those you want to reach five or more years in the future.
Medium-term goals are those you want reach in one to four years.
Short-term goals are those you want to reach within one year.
USE THESE RULES OF THUMB WHEN SETTING GOALS THIS WEEK AND BRING THEM BACK NEXT WEEK FOR DISUCSSIONS.
THE FORM FOR SETTING GOALS IS ATTACHED.