Finance Seminar # 1 - Knowing the Power of God in YOUR Finances
Saturday, July 10, 2010 at 7:00pm, we had our 1st Finance Session with our Special Guest Speaker: Orlando Gomez. The word brought by Orlando was both inspiring and challenging.
Here is a recap of what we talked about:
We work to receive a wage. Once we receive our wages, there are only 2 things that we can do with the monies received:
1. Increase it
2. Decrease it
In Matthew 25:15 (TNIV) it says “To one he gave five bags of gold, to another two bags, and to another one bag, each according to his ability. Then he went on his journey.” When we read the entire parable, we can clearly see that when the monies are in our hands they can either increase or decrease. In other words, we can either multiply it or subtract from it.
What are ways of decreasing it?
1. It is reduce through poor entertainment
2. It is reduced through bad purchases.
FACT: We all must purchases things, BUT there are different types of buyers.
Examples:
i) The impulsive buyer – this is the buyer that see’s something and does whatever it takes to get it, whether they have the money or not, they will find a way to buy it, even if it means borrowing the money. Not a planned purchase.
ii) The authorized buyer – This is the buyer that thinks about how hard they have worked and because of it, he/she believes that they deserve it. Even when they don’t have the resources to pay for it.
iii) The jealous (I WANT WHAT SHE/HE HAS) buyer – this is the buyer that wants what others have but of a better quality.
They are always trying to have better things than the rest.
iv) The immediate (I NEED IT NOW) buyer – this buyer doesn’t care about the price but only on the mere fact that they need it now. They don’t bother shopping around for a better bargain.
v) The emotional buyer – this buyer purchases things based on how they feel. Any occasion is a reason to buy things. They tend to fill in the voids of their lives through shopping.
ADVISE: Before buying anything, ALWAYS ask yourself, is this purchase a necessity, a want or a desire?
• A necessity is something we acquire that provides basic needs for our everyday life.
• A want is that which satisfies a basic need of our life but with better quality.
• A desire is all those things we wish we had but that are not basic needs to live.
3. It is reduced by not listening to advises.
Proverbs 13:18 it says “Whoever disregards discipline comes to poverty and shame, but whoever heeds correction is honored.”
4. It is reduced by avarice and greed – Ecclesiastics 5:10 says, “Those who love money never have enough; those who love wealth are never satisfied with their income. This too is meaningless.”
So what are ways of multiplying, increasing the money in our hands?
(1) Through obedience – Tithes and Offerings (Malachi 3:16)
(2) Savings
(3) Investments
How about it for our 1st Seminar? As you can see, The Bible is very specific in what we can do with our money and what the love of money can do to us. First, we must be able to identify where we are at, to know where we are going and how we are going to get there. The foundations have been established now we must get to business.
So, join us for our 2nd Finance Session on Saturday, July 24, 2010 at 7:00pm with our other Special Guest Speaker.
Thank you Orlando for the word you brought to us, May God continue to use you and multiply the finances in your life!
Here is a recap of what we talked about:
We work to receive a wage. Once we receive our wages, there are only 2 things that we can do with the monies received:
1. Increase it
2. Decrease it
In Matthew 25:15 (TNIV) it says “To one he gave five bags of gold, to another two bags, and to another one bag, each according to his ability. Then he went on his journey.” When we read the entire parable, we can clearly see that when the monies are in our hands they can either increase or decrease. In other words, we can either multiply it or subtract from it.
What are ways of decreasing it?
1. It is reduce through poor entertainment
2. It is reduced through bad purchases.
FACT: We all must purchases things, BUT there are different types of buyers.
Examples:
i) The impulsive buyer – this is the buyer that see’s something and does whatever it takes to get it, whether they have the money or not, they will find a way to buy it, even if it means borrowing the money. Not a planned purchase.
ii) The authorized buyer – This is the buyer that thinks about how hard they have worked and because of it, he/she believes that they deserve it. Even when they don’t have the resources to pay for it.
iii) The jealous (I WANT WHAT SHE/HE HAS) buyer – this is the buyer that wants what others have but of a better quality.
They are always trying to have better things than the rest.iv) The immediate (I NEED IT NOW) buyer – this buyer doesn’t care about the price but only on the mere fact that they need it now. They don’t bother shopping around for a better bargain.
v) The emotional buyer – this buyer purchases things based on how they feel. Any occasion is a reason to buy things. They tend to fill in the voids of their lives through shopping.
ADVISE: Before buying anything, ALWAYS ask yourself, is this purchase a necessity, a want or a desire?
• A necessity is something we acquire that provides basic needs for our everyday life.
• A want is that which satisfies a basic need of our life but with better quality.
• A desire is all those things we wish we had but that are not basic needs to live.
3. It is reduced by not listening to advises.
Proverbs 13:18 it says “Whoever disregards discipline comes to poverty and shame, but whoever heeds correction is honored.”
4. It is reduced by avarice and greed – Ecclesiastics 5:10 says, “Those who love money never have enough; those who love wealth are never satisfied with their income. This too is meaningless.”
So what are ways of multiplying, increasing the money in our hands?
(1) Through obedience – Tithes and Offerings (Malachi 3:16)
(2) Savings
(3) Investments
How about it for our 1st Seminar? As you can see, The Bible is very specific in what we can do with our money and what the love of money can do to us. First, we must be able to identify where we are at, to know where we are going and how we are going to get there. The foundations have been established now we must get to business.
So, join us for our 2nd Finance Session on Saturday, July 24, 2010 at 7:00pm with our other Special Guest Speaker.
Thank you Orlando for the word you brought to us, May God continue to use you and multiply the finances in your life!
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