ReviewGod Owns and We ManageDiscipleship determines the role of moneyOur hope is in JesusSomeone in the crowd said to him, “Teacher, tell my brother to divide the inheritance with me.” Jesus replied, “Man, who appointed me a judge or an arbiter between you?” Then he said to them, “Watch out! Be on your guard against all kinds of greed; a man’s life does not consist in the abundance of his possessions.” And he told them this parable: “The ground of a certain rich man produced a good crop. He thought to himself, ‘What shall I do? I have no place to store my crops.’ “Then he said, ‘This is what I’ll do. I will tear down my barns and build bigger ones, and there I will store all my grain and my goods. And I’ll say to myself, “You have plenty of good things laid up for many years. Take life easy; eat, drink and be merry.” ‘ “But God said to him, ‘You fool! This very night your life will be demanded from you. Then who will get what you have prepared for yourself ?’ “This is how it will be with anyone who stores up things for himself but is not rich toward God.” – Luke Focus on oneself develops greedSelfishness removes a spirit of gratitudeSelfishness leads to destructionHonor God with the management of moneyDevelop a spending planGet basic facts1. What do I earn?2. What do I owe?3. What do I own?Spend less than you earn“The wise man saves for the future but the foolish man spends whatever he gets.”– Proverbs We need to live with financial preparationsHere are some examples of financial planning:* Saving Plans* Retirement* Emergency Plans* BudgetsThe Bible makes it clear that we should plan carefully in every aspect of life and that includes money management.Make it a point to avoid debtBe content with what you haveKeep your lives free from the love of money and be content with what you have, because God has said, “Never will I leave you; never will I forsake you.” – Hebrews Stop adding new debtThe rich rule over the poor, and the borrower is servant to the lender. Proverbs Three major sources of debt in the United States:1. Credit Cards2. Student Loans3. Home LoansDebt is created when we do not wait to buy what we can afford. The average American family has $10,000 in credit card debt.Simple ways to decrease debt levels* Get assistance: financial counselors* Show some discipline: eliminate wasteful spending* Know how much you oweLook at all sources of debt and begin building a repayment plan– Credit Cards– Look at the interest rates and the payment amounts: pay more than the minimum– Aggressively attack your debt