Putting Back
February 12, 2023

PUTTING BACK

Guard Rails: Part 5
February 12, 2023
Pastor Brian
 
“The wise man saves for the future, but stupid people spend their money as fast as they get it.” (Proverbs 21:20, The Living Bible / GNB)
 
SAVINGS 101

 1. Saving is the of budgeting.

“Plan carefully and you will have plenty; if you act too quickly, you will never have enough.” (Proverbs 21:5, GNB)
 
2. Saving is the opposite of

.

“Watch out and guard yourselves from every kind of greed; because a person’s true life is not made up of the things he owns, no matter how rich he may be.” (Luke 12:15, GNB)
 
• Debt

upon tomorrow.

“Do not brag about tomorrow, because you do not know what another day may bring.” (Proverbs 27:1, GW)
 
• Saving makes

for tomorrow.

“On the first day of each week, you should each put aside a portion of the money you have earned.” (1 Corinthians 16:2a, NLT)

 
3. Saving is the wisest way to build

.

Parable of the 3 Stewards

“You could have at least put my money in the bank, so that I could have earned interest on it.” (Matthew 25:27, CEV)
 

TIPS ON INVESTMENTS

1)

your savings.

“Put your investments in several places—many places, in fact—because you never know what kind of bad luck you are going to have in this world.” (Ecclesiastes 11:2, GNB)

 
2) Use a

Strategy.

“There is another serious problem I have seen everywhere—savings are put into risky investments that turn sour, and soon there is nothing left to pass on…” (Ecclesiastes 5:13–14, The Living Bible)
 

WHAT SHOULD I BE SAVING FOR?

 1. The

(Emergency Fund/ 3-6 months).

“There are four animals in the world that are small, but very, very clever: Ants: they are weak, but they store up their food in the summer.” (Proverbs 30:24–25, GNB)
 
2. Large,

expenses (Cars / Christmas / College…).

“Money earned little by little will grow and grow.” (Proverbs 13:11a, CEV)
 
 3. The

years (Retirement).

“A good man leaves an inheritance to his children’s children…” (Proverbs 13:22a, ESV)
 
4. The

.

“Tell those who are rich not to be proud and not to trust in their money…Tell them to use their money to do good…By doing this they will be storing up real treasure for themselves in heaven—it is the only safe investment for eternity!” (1 Timothy 6:17-19, The Living Bible)

 
ACTION STEPS
1. $1,000 Emergency Fund.
2. Sinking Funds.
3. 3-6 months in savings.
4. 15% into retirement.