Parts A & B (Slides 1-27)
Slide 1
Welcome to A
Success Plan for Your Personal Relationship with Money Parts A & B
Slide 2
Basically, this quote is
saying that you can be happy without having to spend more money on stuff that
you don’t need, while pursuing your purpose in life and the world will also be
a better place to live. What could be simpler – What could be better????
Slide 3
Are you Managing
your Relationship with Money, or are you Waiting for a Miracle????
Slide 4
Essentially, there are (4)
Money Relationship Styles.
Slide 5
You’re a Player.
Basically, you spend every penny you can on having a ball – I think the young
people call this “Ballin’”.
Slide 6
You find yourself
forever in the “Friend Zone” You’re nice to your money – you pay your bills and
you may even have a little left over, but at the end of the day you want more
from your relationship with money.
Slide 7
You’re Good to your
Money. You save when you can and maybe even invest a little, but you’re still
not totally “Committed” to “Managing” your Relationship with Money.
Slide 8
You are committed to
managing your money. You’re creating assets and multiple streams of income
while shedding liabilities and ending your servitude to debt.
Slide 9
I want everybody now to
just think about how you’ve earned and spent your money in the past, while we
talk about the different ways that people can earn and spend money.
Slide 10
These are the (3)
different ways that you can earn money:
Earned Income, Portfolio
Income and Passive Income
Slide 11
You’re managing your
Money when you’re Spending Less; Saving More; Investing Smart and
Creating Multiple Streams of Income.
Slide 12
Now you’ve had some time
to think about how you’ve earned and spent your money in the past. Now
are You Committed to Transforming Your Relationship with Money in the
future????
Slide 13
Slide 14
Having Negative
Priorities means putting things that may make life easier before
things that make life more fulfilling.
Slide 15
Having Positive
Priorities means putting things that that make life more fulfilling
before things that just make life easier.
Slide 16
Just to illustrate how
priorities can be organized, this is a very widely used model for prioritizing
needs named Maslow's Hierarchy of Needs
Slide 17
Before you can create
and stick to a financial budget – which is very important, you need to create a “Priorities
Budget” to determine what is most important to you.
Slide 18
Now if you don’t take
anything else from what we’ve talked about so far – please remember this one
thing: Don’t Buy Stuff You Can’t Afford Let’s watch
this short video that talks a little more about this topic.
Slide 19
Translation: Just
get going – everything else will take care of itself.
Slide 20
This video taken from
the film “The Pursuit of Happyness” will hopefully reinforce the previous
statement(s).
Slide 21
So what are the 5
Steps to Transforming Your Relationship with Money????
Slide 22
Dr. Martin Luther King,
Jr. once said that “Faith is taking the first step even when
you don't see the whole staircase.” In the Holy Bible -
Luke 11:9 says….
Slide 23
In 1 John 2:16 the Holy
Bible says that….things keep us tied to the world and further away
from God. What things are keeping you tied to the world and further away from
living the life that you want to live????
Slide 24
W.E.B DuBois once said
that “To whom you give your money, you give your power." Proverbs
22:7 stated it another way…. – it essentially says that you are a slave to
whoever you owe money too.
Slide 25
We have to stop lying to
ourselves about our relationship with money. Why???? Because Proverbs 10:9 says
that ….
Slide 26
If you don’t have a
budget to keep track of what’s coming in and what’s going out, you’ll never
have a clear picture of what you need to do, to go where you want to go – Your
budget is your compass to finding the way to your financial destination. We’ll discuss
some specifics of budgeting in the next section.
Slide 27
This concludes parts
A & B of A Success Plan for Your Personal Relationship with Money Brought
to You by: Vince Rogers & Associates Please contact us to
formulate a winning "Success Plan" for your business
or non-profit organization.
Parts
C & D (Slides 28-47)
Slide 28
Welcome to A Success Plan
for Your Personal Relationship with Money Parts
C&D
Slide 29
Your Budget is the
first tool you need to create a strategy for transforming your relationship
with money.
Slide 30
In order to achieve your financial
goals, you need to have an organized strategy for transforming your ambitions
into a series of purposeful actions.
Slide 31
Let’s watch a short video that
illustrates how it’s never too early or too late to learn the importance of
having a budget.
Slide 32
Whether it’s a lower price, a better
rate, a shorter term or a budget billing plan for your utilities – Everything
is negotiable, but you have to ask for it.
Slide 33
Home Maintenance can help to prevent costly repairs, leads to lower
utility bills and lower insurance costs.
Slide 34
Automobile Maintenance helps to prevent costly repairs, leads to higher gas
mileage and longer vehicle life.
Slide 35
Insurance coverage, not stocks and bonds are the foundation of a
sound financial plan. Unexpected healthcare costs can wipe out savings quicker
than almost any other expenses. Uncovered expenses due to inadequate life
insurance can wipe out any inheritance you might leave your family.
Slide 36
Banking and Investments accounts are products, shop for the best rates and
terms – not by brand name.
Slide 37
Actively managing your debt is the
key to achieving your financial freedom
Slide 38
We have all heard of the 7 Deadly
Sins; but have you ever considered how they relate to your relationship with
money????
Slide 39
We were created to be “Overcomers”. Learning how to avoid the Seven Deadly Sins of
Money can help us all to become financial “Overcomers”.
Slide 40
Sometimes our wealth can cause us to
become so arrogant that we lose touch with out true purpose, reality, other
people and most importantly God.
Slide 41
Do you want more money just to
impress other people????
Slide 42
Do you want more money just to buy
more things you don’t need????
Slide 43
In the Christian Bible -
Romans 6:23 says that “….the wages of sin is death….” Oftentimes when we have
more money, we’re able to buy more things that we think will give us pleasure,
but sometimes these things end up bringing us more pain than pleasure and keep
us away from fulfilling our true calling.
Slide 44
Does not having enough money
motivate you or make you angry????
Slide 45
Do you want more money just to horde
it or put it to work???
Slide 46
Once we have a plan in place for
transforming our relationship with money, we must work our plan diligently and
continuously avoid slipping back into our old bad money management habits.
Slide 47
This concludes parts C & D of A
Success Plan for Your Personal Relationship with Money Brought to
You by: Vince Rogers & Associates Please contact us to
formulate a winning "Success Plan" for your business or non-profit
organization.
****This
presentation was originally created for:
Harmony Church in Atlanta, Georgia
Pastor Roland Lane, Jr. presiding****
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