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.” He also says “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.
1. As Christians when we set financial goals we must recognize that first things have to 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 and in the home?
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 and the home?
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 members, if you are not married, while setting your 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 Scripture is saying about the responsibilities that their fathers (or mothers) have to them and their place in the family and home?
6. After ensuring that our financial goals take care of our families, we should obey the mandate from Jesus to care for those outside of our family. Read Matthew 28:19-20 and tell us how Jesus teaches us to work in the church to serve our community?
7. How does Proverbs 16:3, teach us the importance of keeping God first in setting our goals financial and otherwise?
8. 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?
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.
“If you don’t know where you are going, any road will take you there!”
Please read this excellent summary from Charles Ross on Setting Financial Goals that please God. The form is attached for you to start setting your goals, now.
Long-term goals are those that you want to reach five years or more in the future. Medium-term goals are those that you desire to achieve within one to four years. Short-term goals are those that you seek to accomplish within the next year.
Most people set long-term goals first and then short-term and medium-term goals. For example, suppose you want to retire from your current job in fifteen years with $200,000 in cash savings. A short-term goal may be to save at least $10,000 by the end of the first year. A medium-term goal could be to save $38,000 in four years.
How can you be sure you are setting the proper goals? They should be aligned with your insurance, retirement, and savings-investment programs. But here are some other questions that you might want to ask yourself as you set each financial goal for your life:

  • How will achieving this goal advance the kingdom of God?
  • Can I honestly ask God’s help in striving to reach this goal?
  • Will I be a better person for setting and accomplishing this goal?
  • Will it help someone else reach his or her goal?
  • Will it get me where I want to go?
  • Will it violate my conscience?
  • Will it violate the rights of others?
  • Will my family be able to enjoy the rewards of my accomplishment?
  • Am I willing to pay the price to reach this goal?

Success in reaching your goals means activating your plan. No goal-setting process is complete unless the goals are put into action. Often, the path to financial freedom is littered with would-be millionaires whose only drawback was the inability to implement a plan.
Get a clear fix on what you want to accomplish. Visualize yourself achieving your goal. Imagine your lifestyle, your house, your income and financial security. What do you want your money to do for you? Remember to set a realistic time frame for reaching each goal.
A plan is as essential to success as air is to life. Without a plan, you just wander through life. Get a clear idea of what you want to do, then do it now! Not tomorrow, next week, or next year. DO IT NOW! With a realistic plan and self-discipline, you can attain your dream.
Print the following forms: