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Finding Financial Freedom PART 4

III. Consider Others.
“According to the Guinness Book of World Records, Hetty Green may have been the biggest miser who ever lived. Her father died when she was thirty leaving her an inheritance of more than $100 million in today’s money. Though it was unusual for a woman to be involved with banking and investments at the time, she concentrated all of her efforts and attention on growing the family fortune.
Her focus on money drove a wedge between her husband and their two children. And the family was scattered. Known for eating cold oatmeal to save money for heating and washing only the hem of her dress to save money on soap, she was sometimes called the “Witch of Wall Street.” When her son, Ned, broke his leg as a boy, she tried to have him treated in a free clinic for the poor, before treating him at home. His leg would later have to be amputated. When she died, Hetty Green was worth the equivalent of some 4 billion dollars today, but she was alone and miserable.” -Min127
1 Timothy 6:10 For the ___________ of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
IV. Consider Cash: Do Not Spend More Than You Have.

Remember when you could “lay an item away” at K-Mart? “Some people buy things on the “lay awake plan.” They lay awake each evening trying to figure out how they will pay for it!” -Min127
Luke 14:28 For which of you, intending to build a tower, sitteth not down first, and counteth the ___________, whether he have sufficient to finish it?
Proverbs 22:7 The rich ruleth over the poor, and the borrower is _________________ to the lender.

V. Consider Your “Wanter.”
“The story is told about a clever salesman who closed hundreds of sales with this line: “Let me show you something several of your neighbors said you couldn’t afford.”” -Min127

We all “Want” certain things in life.  If we are not careful – our wants will control our thoughts and decisions…  Consider the following Scriptures:

Exodus 20:17 Thou shalt ________ covet thy neighbour’s house, thou shalt not covet thy neighbour’s wife, nor his manservant, nor his maidservant, nor his ox, nor his ass, nor any thing that is thy neighbour’s.
Psalm 119:36 Incline my _______________ unto thy testimonies, and not to covetousness.
Proverbs 21:26 He coveteth greedily all the day long: but the righteous _____________ and spareth not.
1 Corinthians 5:11 But now I have written unto you not to keep company, if any man that is called a brother be a fornicator, or covetous, or an idolater, or a railer, or a drunkard, or an extortioner; with such an one no not to eat.
Guard your eyes and your thoughts. Avoid dwelling on “what you do not have” and be thankful for what God has already given you.
When I was a boy, my parents would teach me to tithe, give, save, and spend little. Only things I bought were some baseball cards and new shoes. The rest was either given away or saved. When after college Natalie and I were married, I had several thousand dollars that we lived on for a while.
Personal Financial Discipline Honors the Lord.
“$1.00 spent for lunch lasts five hours.
$1.00 spent for a neck-tie lasts five weeks.
$1.00 spent for a cap lasts five months.
$1.00 spent for an auto lasts five years.
$1.00 spent for a railroad lasts five decades.
$1.00 spent in God’s service lasts for eternity.”  -Roger W. Babson

Psalm 62:10 Trust not in oppression, and become not vain in robbery: if riches increase, set not your heart upon them.

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Finding Financial Freedom PART 3

Finding Financial Freedom PART 3

How Can I Be Rich Towards God…
I. Consider God First.

I like this money story:  “A torn and ragged one-dollar bill discovered that it was about to be retired from circulation. As it slowly moved along the conveyor belt to the shredder, it became acquainted and struck up a conversation with a fifty-dollar bill that was meeting the same fate.

The fifty began reminiscing about its travels all over the country. Life has been good,” the fifty exclaimed. “Why, I’ve been to Las Vegas, the finest restaurants in New York, political fund raisers, and I just returned from a cruise on the Caribbean.”
The one-dollar bill said, “You’re fortunate to have been able to visit all those places.”
So where all have you been in your lifetime, my little friend,” said the fifty?” “Well, I’ve been to the Methodist church, the Baptist church, the Episcopal church, the Presbyterian church, the Lutheran church, the Catholic church, the Salvation Army church, the Orthodox church, the Assembly of God church, the Brethren church, the Quaker church, the Pentecostal church, the Charismatic church, and the Church of Christ.
“Excuse me,” said the fifty, “but what’s a Church?”” -Min127
• First Fruits. Proverbs 3:9 Honour the LORD with thy substance, and with the firstfruits of all thine _________________:
• First Withdrawal.  Have a thought-out plan.  Schedule Tithing, giving, saving, etc. These disciplines should be habit. They are not based on how I feel. You may not feel like brushing teeth or cleaning your clothes but you do it. 1 Timothy 6:7-8 For we brought nothing into this world, and it is certain we can carry nothing out. And having food and raiment let us be therewith ____________________.

II. Consider Savings Second
Have a Savings Strategy.  Have long term planning.  Save up a short term savings for emergencies. Start with $1000 in emergency cash.  Follow your budget. Have one.  Find Ways to Save Pennies. Delay purchases one more month. Wait. Don’t buy things you will seldom if ever use.

BTW: It does not matter if it is a good deal – if you do not need it – don’t buy it.  Avoid the sales pressures of “Buy In next 15 minutes or you will lose the sale.”  Walk away.  Avoid the Checkout Lane items.
BTW: Many people in perpetual poverty are the fastest to buy on impulse the items at the checkout lane. Higher priced stuff. You get more product for less at the back of the store.

Here are some ideas to stretch your dollar farther…
o Keep using appliances till they die.
o Buy cars slightly used. Saves thousands on depreciation.
o Pay off the credit card each month. If you struggle to be disciplined, cut the card up, pay the rest of the bill. Use cash or debit.
o Take less vacations until house is paid off.
o Visit family for vacation. Go camping.
o Use Coupons. Mom used to save $10,000 or more with them.
o Learn the “art” of cutting your kids hair.
o Lunch not dinner at restaurants.
o Limit gift costs. Have discipline.
o Smaller birthday parties. Events should not be hundreds of dollars.
o Pay extra on principal not interest

Hebrews 13:5 Let your conversation be without covetousness; and be _____________________ with such things as ye have: for he hath said, I will never leave thee, nor forsake thee.