For His Glory�Managing Our Finances
So whether you eat or drink, or whatever you do, do it all for the glory of God.
~ 1 Corinthians 10:31
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And my God will meet all your needs according to the riches of his glory in Christ Jesus.
~ Philippians 4:19
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Hello!
My name is Shaina Kim. I had a bad relationship with money, AND Jesus heard my heart’s cry. This is what I have learned.
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Living In Darkness
Part 1
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Let’s Walk In the Light
Part 2
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A generous person will prosper; whoever refreshes others will be refreshed.
~ Proverbs 11:25
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GIVE
SAVE
SPEND
THREE THINGS
Dishonest money dwindles away, but whoever gathers money little by little makes it grow.
~ Proverbs 13:11
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The plans of the diligent lead to profit as surely as haste leads to poverty.
~ Proverbs 21:5
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BUDGET
YNAB
EXCEL
EVERYDOLLAR
MINT
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GIVE
SAVE
SPEND
THREE THINGS
Honor the Lord with your wealth, with the firstfruits of all your crops; then your barns will be filled to overflowing, and your vats will brim over with new wine.
~ Proverbs 3:9-10
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Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the Lord Almighty, “and see if I will not throw open the floodgates of heaven and pour out so much blessing that there will not be room enough to store it.
~ Malachi 3:10
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Shout Out�to �M. Joseph Chun!�(Washington UBF)
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GIVE
SAVE
SPEND
THREE THINGS
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BUDGET
YNAB
EXCEL
EVERYDOLLAR
MINT
The Dave Ramsey Baby Steps
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1
BABY Step 1
Save $1,000 in a starter emergency fund
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BABY STEP 2
Pay off all debt, except your mortgage, using a debt snowball
3
BABY STEP 3
Save 3-6 months of expenses in an emergency fund
The Dave Ramsey Baby Steps
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BABY Step 4
Save 15% of your gross income in retirement
5
BABY STEP 5
Save for kids’ college
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BABY STEP 6
Pay off your house early
Baby Step 7��Live and Give Generously
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The Dave Ramsey Baby Steps
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1
BABY Step 1
Save $1,000 in a starter emergency fund
2
BABY STEP 2
Pay off all debt, except your mortgage, using a debt snowball
3
BABY STEP 3
Save 3-6 months of expenses in an emergency fund
The wise store up choice food and olive oil, but fools gulp theirs down.
~ Proverbs 21:20
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Ants are creatures of little strength yet they store up their food in summer.
~ Proverbs 30:25
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The Dave Ramsey Baby Steps
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1
BABY Step 1
Save $1,000 in a starter emergency fund
2
BABY STEP 2
Pay off all debt, except your mortgage, using a debt snowball
3
BABY STEP 3
Save 3-6 months of expenses in an emergency fund
The rich rule over the poor, and the borrower is slave to the lender.
~ Proverbs 22:7
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Do not be one who shakes hands in pledge or puts up security for debts; if you lack the means to pay, your very bed will be snatched from under you.
~ Proverbs 22:26-27
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4 Allow no sleep to your eyes, no slumber to your eyelids. Free yourself, like a gazelle from the hand of the hunter, like a bird from the snare of the fowler.
~ Proverbs 6:4-5
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The Dave Ramsey Baby Steps
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1
BABY Step 1
Save $1,000 in a starter emergency fund
2
BABY STEP 2
Pay off all debt, except your mortgage, using a debt snowball
3
BABY STEP 3
Save 3-6 months of expenses in an emergency fund
Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler, yet it stores its provisions in summer and gathers its food at harvest.
~ Proverbs 6:6-8
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Emergency Fund�Savings Tips��Money Market Account��High-Yield Savings Account
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Emergency Fund�Savings Tips�� “YOUR EMERGENCY FUND IS INSURANCE; �IT IS NOT AN INVESTMENT!”
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The Dave Ramsey Baby Steps
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1
BABY Step 1
Save $1,000 in a starter emergency fund
2
BABY STEP 2
Pay off all debt, except your mortgage, using a debt snowball
3
BABY STEP 3
Save 3-6 months of expenses in an emergency fund
IN ORDER
Baby Step 3b��House Rich vs. House Poor��15-year Fixed Loan��Mortgage is no more than 25% of your take home pay
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AT THE SAME TIME
Baby Step 3b
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Baby Step 3b
25% | Principal |
Interest | |
Property Taxes | |
Home Insurance | |
PMI | |
HOA Fees |
Monthly House Payment
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Baby Step 3b
Final Housing Tips |
Down Payment (20%) |
Closing Costs (3-4%) |
Moving Expenses ($2,000+) |
The Dave Ramsey Baby Steps
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BABY Step 4
Save 15% of your gross income in retirement
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BABY STEP 5
Save for kids’ college
6
BABY STEP 6
Pay off your house early
AT THE SAME TIME
A good man leaves an inheritance to his children’s children.
~ Proverbs 13:22
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15% | MATCH |
| |
ROTH | |
| |
TRADITIONAL |
Baby Step 4
INVESTMENT STRATEGY �STOCK MUTUAL FUNDS
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INTERNATIONAL
GROWTH AND INCOME
LARGE-CAP
SMALL-CAP
AGGRESSIVE GROWTH
MID-CAP
GROWTH
Baby Step 4
A faithful person will be richly blessed, but one eager to get rich will not go unpunished.
~ Proverbs 28:20
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The Dave Ramsey Baby Steps
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4
BABY Step 4
Save 15% of your gross income in retirement
5
BABY STEP 5
Save for kids’ college
6
BABY STEP 6
Pay off your house early
AT THE SAME TIME
Anyone who does not provide for their relatives, and especially for their own household, has denied the faith and is worse than an unbeliever.
~ 1 Timothy 5:8
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Set The Next Generation Up For A Good Future |
NO Student Loans! Don’t rely on loan forgiveness! |
Scholarships & Work |
Pick a school that you and your offspring can afford. |
Baby Step 5
The Dave Ramsey Baby Steps
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4
BABY Step 4
Save 15% of your gross income in retirement
5
BABY STEP 5
Save for kids’ college
6
BABY STEP 6
Pay off your house early
AT THE SAME TIME
At the end of every seven years you must cancel debts.
~ Deuteronomy 15:1
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The rich rule over the poor, and the borrower is slave to the lender.
~ Proverbs 22:7
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Baby Step 7��Live and Give Generously
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GIVE
SAVE
SPEND
THREE THINGS
The Dave Ramsey Baby Steps
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1
BABY Step 1
Save $1,000 in a starter emergency fund
2
BABY STEP 2
Pay off all debt, except your mortgage, using a debt snowball
3
BABY STEP 3
Save 3-6 months of expenses in an emergency fund
IN ORDER
The Dave Ramsey Baby Steps
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4
BABY Step 4
Save 15% of your gross income in retirement
5
BABY STEP 5
Save for kids’ college
6
BABY STEP 6
Pay off your house early
AT THE SAME TIME
Baby Step 7��Live and Give Generously
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OFFENSE
DEFENSE
Ship your grain across the sea; after many days you may receive a return. Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.
~ Ecclesiastes 11:1-2
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Insurance
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LIFE
CAR
MEDICAL
ID THEFT
HOME / RENTER
Insurance�& Will
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LONG TERM DISABILITY
UMBRELLA
LONG TERM
CARE
WILL
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OFFENSE
DEFENSE
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STORM
STORK
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GIVE
SAVE
SPEND
THREE THINGS
Be sure you know the condition of your flocks, give careful attention to your herds; for riches do not endure forever, and a crown is not secure for all generations.
~ Proverbs 27:23-24
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BUDGET
YNAB
EXCEL
EVERYDOLLAR
MINT
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SAVER
SPENDER
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NERD
FREE SPIRIT
Budget Committee Meeting Rules��1) Nerd prepares the budget.��2) Free Spirit comes to the meeting.��3) Nerd gives Free Spirit the budget and says nothing.��4) Free Spirit has to change something.
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And my God will meet all your needs according to the riches of his glory in Christ Jesus.
~ Philippians 4:19
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So whether you eat or drink, or whatever you do, do it all for the glory of God.
~ 1 Corinthians 10:31
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Thanks!
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Credits
Special thanks to all the people who made and released these awesome resources for free:
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Credits
RamseySolutions.com
6 New Studies To Help You Gain Financial Peace From Cru.org
SeedTime.com
HumorousHomemaking.com
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