The second part of a God-honoring budget is to plan for savings.
Talking Points:
- Work. 2 Thessalonians 3:11-12, Proverbs 13:11
- Build a $1000 Emergency Fund.
- Attack your debt.
- Build your savings account. Proverbs 21:5
- Build your retirement savings.
Discussion:
- Initial reactions to this topic? What jumped out at you?
- Read Proverbs 21:5. How have you seen people try to short cut their way to wealth? Why do these schemes tend to lead to poverty instead of continued wealth?
- Read 2 Thessalonians 3:11-12. Identify what this passage says about idleness. How have you seen this to be true in your life or in someone else’s?
- Make a list of common emergencies that can quickly bust the budget. How have one of these impacted you personally?
- What are some future goals you want to start saving for now? What are some spending habits you can cut back on to save for those future goals? (budget spreadsheet)
- How have you seen older couples struggle because they never saved for retirement? How does that motivate you to get a plan in place now?
- Is there a step you need to take based on today’s topic?
