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Introduction to the New Hope Church Financial Health Ministry. Financial Health Ministry. Problems Financial doom & gloom Recession Home Foreclosures up 60% Stock market has lost 40% plus Consumer confidence down 40% Consumer bankruptcies jump 40% Unemployment on the rise.
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Introduction to the New Hope Church Financial Health Ministry
Financial Health Ministry • Problems • Financial doom & gloom • Recession • Home Foreclosures up 60% • Stock market has lost 40% plus • Consumer confidence down 40% • Consumer bankruptcies jump 40% • Unemployment on the rise
Financial Health Ministry • Solutions • Place our trust in Lord Jesus • Learn about money management from God’s perspective • Learn the biblical foundation of personal financial management and stewardship • Resolved to have financial plan for life, and live faithfully by that plan
Financial Health Ministry How are we going to achieve that..? • Pray for Holy Spirit to change hearts • Cultivate the mindset of a steward of what God has entrusted to us • Lay-out foundations : tithing (joyful giving), saving, spending plan, acceptable debt levels, investing • Teach foundations of financial discipline (Personal finance is 80% discipline and 20% knowledge) • Committed to follow the plans (Accountability)
Financial Health Ministry Expected Results: • change of heart, financial peace & security • everything in balance; tithing, saving, spending, debt, giving to ministry • spend more quality time with friends & family, and in ministry
Financial Health Ministry How can we help? ……. Budget Counseling
Financial Health Ministry Budget counseling services: • One on one assignment with a NHC budget counselor • Confidential • Usually meet at church at mutual available times • Approximately a 6 month process
Financial Health Ministry Budget counseling services, cont’d: • First few meetings focus on: • Review of biblical financial principles • evaluating current financial situation and implementing a plan to track spending • Once tracking of spending is underway, a budget begins to be developed • Along with a budget, a debt reduction plan is then developed • All meetings start and end with Prayer!
Financial Health Ministry How do you get started? • Contact Lee Gall with the New Hope Financial Health Ministry at 763-536-3213 for initial interview • Client Profile to be filled out • Counselor is then assigned • Testimonials available