(Stewardship of money)
Text : Prov. 21:20-21
I. Axioms of spending
The more shopping we do, the more we spend
b. The more time we spend looking through the brochures and catalog, the more we spend
c. The more we watch TV, the more we spend
II. When to borrow money (invest in)
a. House and lot
d. Life insurance and health care
III. Criteria for borrowing – Ps. 37:21
a. It should be limited to appreciating assets that produce an income
b. The value of the asset should equal or exceed the amount borrowed to acquire the item.
c. It should be with your ability to pay
IV.Wise lessons for saving- Prov. 6:8
a. It serves as s custom to meet the cost of unexpected events.
b. It can be accumulated to enable you to purchase big necessities.
c. Begin saving now for your future
Conclusion: If one cannot afford it, it is not the will of God. Faithful steward divides his income among sharing, saving and spending