131026 five i wish i knew series (part 4 - how to gain financial margin) by ps. timothy loh

Part 4: How to gainfinancial margin

Introduction:A practical series about living life with

fewer regrets and more purpose.

Habakkuk 2:2 (NKJV)“Write the vision, And make it plain on tablets, That he may run who reads it.”

The series:

The series:• How to make better decisions

The series:• How to make better decisions• How to get out of debts

The series:• How to make better decisions• How to get out of debts • How to gain financial margin

The series:• How to make better decisions• How to get out of debts • How to gain financial margin • How to have a strong marriage

The series:• How to make better decisions• How to get out of debts • How to gain financial margin • How to have a strong marriage• How to build a healthy dating life

/ parenting life

The series:• How to make better decisions• How to get out of debts • How to gain financial margin • How to have a strong marriage• How to build a healthy dating life

/ parenting life • How to keep anger at bay

The series:• How to make better decisions• How to get out of debts • How to gain financial margin • How to have a strong marriage• How to build a healthy dating life

/ parenting life • How to keep anger at bay• How to not worry

What the Bible says about FINANCE

What the Bible says about FINANCE • It can LORD over us

What the Bible says about FINANCE • It can LORD over us • It can ensnare and ruin us

What the Bible says about FINANCE • It can LORD over us • It can ensnare and ruin us 1 Tim 6:9-10 9 Those who want to get rich fall into

temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction. 10 For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many grieves.

What the Bible says about FINANCE • It is a mean to honor God, serve Him, family

and others

What the Bible says about FINANCE • It is a mean to honor God, serve Him, family

and others1 Tim 6:17-19 17 Command those who are rich in

this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment.

What the Bible says about FINANCE • It is a mean to honor God, serve Him, family

and others1 Tim 6:17-19 18 Command them to do good, to

be rich in good deeds, and to be generous and willing to share. 19 In this way they will lay up treasure for themselves as a firm foundation for the coming age, so that they may take hold of the life that is truly life.

The bible exhorts beyond financial freedom, but to be rich towards God

To achieve RICH TOWARDS GOD, 2 basic ingredients:

To achieve RICH TOWARDS GOD, 2 basic ingredients:

• How to get out of debts / how not to get into debts

To achieve RICH TOWARDS GOD, 2 basic ingredients:

• How to get out of debts / how not to get into debts

• How to create financial margin

How to Gain Financial Margin A new way of THINKING and LIVING

How to Gain Financial Margin • Margin

How to Gain Financial Margin • Margin –An amount allowed or available beyond

what is actually necessary

How to Gain Financial Margin • Margin –An amount allowed or available beyond

what is actually necessary – Financial Margin simply means you have

more than enough to be a blessing to God, family and others

To understand FINANCIAL MARGIN

To understand FINANCIAL MARGIN• The Call

To understand FINANCIAL MARGIN• The Call• The Challenge

To understand FINANCIAL MARGIN• The Call• The Challenge • The Code

The Call : Abraham

The Call : Abraham Gen 12:1-2 Now the Lord had said to Abram: “Get out of

your country, From your familyAnd from your father’s house, To a land that I will show you. 2 I will make you a great nation;I will bless you And make your name great; And you shall be a blessing.

The Call : Israel

The Call : Israel Deut 28:1-13 1 If you fully obey the LORD your God and carefully

follow all his commands I give you today, the LORD your God will set you high above all the nations on earth. 2 All these blessings will come upon you and accompany you if you obey the LORD your God: 3 You will be blessed in the city and blessed in the country.

The Call : Israel Deut 28:1-13 4 The fruit of your womb will be blessed, and the

crops of your land and the young of your livestock--the calves of your herds and the lambs of your flocks. 5 Your basket and your kneading trough will be blessed. 6 You will be blessed when you come in and blessed when you go out.

The Call : Israel Deut 28:1-13 7 The LORD will grant that the enemies who rise up

against you will be defeated before you. They will come at you from one direction but flee from you in seven. 8 The LORD will send a blessing on your barns and on everything you put your hand to. The LORD your God will bless you in the land he is giving you.

The Call : Israel Deut 28:1-13 9 The LORD will establish you as his holy people, as he

promised you on oath, if you keep the commands of the LORD your God and walk in his ways. 10 Then all the peoples on earth will see that you are called by the name of the LORD, and they will fear you. 11 The LORD will grant you abundant prosperity--in the fruit of your womb, the young of your livestock and the crops of your ground--in the land he swore to your forefathers to give you.

The Call : Israel Deut 28:1-13 12 The LORD will open the heavens, the storehouse of his

bounty, to send rain on your land in season and to bless all the work of your hands. You will lend to many nations but will borrow from none. 13 The LORD will make you the head, not the tail. If you pay attention to the commands of the LORD your God that I give you this day and carefully follow them, you will always be at the top, never at the bottom

The Call : Jesus

The Call : Jesus John 10:10The thief does not come except to steal, and to kill,

and to destroy. I have come that they may have life, and that they may have it more abundantly.

The Challenge

The Challenge Luke 12:15-21 15 And He said to them, “Take heed and beware of

covetousness,[a] for one’s life does not consist in the abundance of the things he possesses.” 16 Then He spoke a parable to them, saying: “The ground of a certain rich man yielded plentifully. 17 And he thought within himself, saying, ‘What shall I do, since I have no room to store my crops?’

The Challenge Luke 12:15-21 18 So he said, ‘I will do this: I will pull down my barns

and build greater, and there I will store all my crops and my goods. 19 And I will say to my soul, “Soul, you have many goods laid up for many years; take your ease; eat, drink, and be merry.”’ 20 But God said to him, ‘Fool! This night your soul will be required of you; then whose will those things be which you have provided?’

The Challenge Luke 12:15-21 21 “So is he who lays up treasure for himself, and is not

rich toward God.”

The Challenge• Covetousness – the internal voice

The Challenge• Covetousness – the internal voice –Hoarder

The Challenge• Covetousness – the internal voice –Hoarder – Spender

The Challenge• Covetousness – the internal voice –Hoarder – Spender

• Consumerism – the external voice

The Challenge• Covetousness – the internal voice –Hoarder – Spender

• Consumerism – the external voice – The biggest lie “having a higher standard of living

= better quality of life”

The Code

The Code• Receiving – FAITH

The Code• Receiving – FAITH –God is our ultimate provider

The Code• Receiving – FAITH –God is our ultimate provider –Work hard

The Code• Giving – GENEROSITY

The Code• Giving – GENEROSITY –Giving always activates God’s providence

The Code• Managing – WISDOM

The Code• Managing – WISDOM –Percentage living

The Code• Managing – WISDOM –Percentage living – Live below our means

The Code• Managing – WISDOM –Percentage living – Live below our means–Contentment is key

The Code• Managing – WISDOM –Percentage living – Live below our means–Contentment is key –Maximize saving

The Code• Managing – WISDOM –Percentage living – Live below our means–Contentment is key –Maximize saving –Minimize spending

Part 4: How to gainfinancial margin