Theme: Power to get
Wealth
Topic: Saving to
Prosper
Text: Deut 8:18.
Speaker: Mrs Ada
Udechuckwu.
Saving is income not spent, or deferred consumption.
In the active period of our life, We
must keep something for the future , Even as Ant that are not strong but
prepare for summer by working diligently to accumulate as much food as possible
(Proverb 30:25). The following scriptural texts enumerate on why we save for
rainy day. (Proverb 21: 20, Proverb 12:27, Proverb 27:24)
RULE/PRINCIPLE
FOR SAVINGS
v
Save
before spending: 1. Pay God first(Tithe)
2. Pay yourself (saving) 3. Live on the rest( spending).
WHY
WE SAVE.
·
For future use
·
Establish your budget.
·
Saving For Emergency Funds
·
Saving for retirement .
BENEFITS
IN SAVING
·
Saving
creates Opportunities in life (Ecc 9:11)
·
Nothing
seems too expensive
·
Achieving
dreams and goals
·
Security
in old age
·
Saved
money multiplies
·
Protection
from disaster
STEPS TO FINANCIAL SUCCESS
·
Diligence
·
Consistency.
·
Time
·
Discipline
·
Sacrifices
luxuries items- Needs Supercedes Wants (Opportunity cost)
·
Reduction
in spending by saving money in bank and not in MMM(Money making Machine)
·
Stop
procrastination
·
Be a
generation of tomorrow’s people and not yesterday and today.
·
Financial
counselling
CONCRETE STEPS FOR ACTION
·
Set
goals
·
Assess
current situation
·
Develop
action plans
·
Put
your plan into actions
·
Track
your progress
·
Celebrate
your success.
Conclusively, Saving must be your priority in life because its a command.
(Mathew 25: 14-30).
NOTE: SAVE AS YOU TITHE. GOD
BLESS YOU RICHLY IN JESUS NAME
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