Living on Enough!

1. Living on Enough! Raymond L. Johnson October 20, 2013

2. Living on Enough! 2 Kings 4:1-7 (NIV) The Widow’s Olive Oil 4 The wife of a man from the company of the prophets cried out to Elisha, “Your servant my husband is dead, and you know that he revered the Lord. But now his creditor is coming to take my two boys as his slaves.” 2 Elisha replied to her, “How can I help you? Tell me, what do you have in your house?” “Your servant has nothing there at all,” she said, “except a small jar of olive oil.” 3 Elisha said, “Go around and ask all your neighbors for empty jars. Don’t ask for just a few. 4 Then go inside and shut the door behind you and your sons. Pour oil into all the jars, and as each is filled, put it to one side.” 5 She left him and shut the door behind her and her sons. They brought the jars to her and she kept pouring. 6 When all the jars were full, she said to her son, “Bring me another one.” But he replied, “There is not a jar left.” Then the oil stopped flowing. 7 She went and told the man of God, and he said, “Go, sell the oil and pay your debts. You and your sons can live on what is left.” RL Johnson for Wynnewood Fellowship Church

3. Living on Enough! Verse 1 The Deceased Prophet’s Life Calling The Deceased Prophet’s Stewardship at home The Deceased Prophet’s Family Dilemma RL Johnson for Wynnewood Fellowship Church

4. Living on Enough, requires PLANNING Verse 1 The Deceased Prophet’s Life Calling The Deceased Prophet’s Stewardship at home The Deceased Prophet’s Family Dilemma RL Johnson for Wynnewood Fellowship Church

5. Bills Insurance Family Tickets Job food Savings Income Taxes Entertainment Vacation Car Repair Tithe Clothes Car Utilities RL Johnson for Wynnewood Fellowship Church

6. RL Johnson for Wynnewood Fellowship Church

7. RL Johnson for Wynnewood Fellowship Church

8. RL Johnson for Wynnewood Fellowship Church

9. Living on Enough, requires PLANNING Income List all sources and what day of the month they arrive Expenses Categorize: By Group – Automotive, Charitable, Savings, etc. By Type: Fixed Expenses: Tithe/Offerings, Gas, Elec., etc. Discretionary Expenses: Lunch, Movies, etc. Note amounts and total due for each bill Zero Balance Income – Expenses = Zero RL Johnson for Wynnewood Fellowship Church

10. Living on Enough! Verse 2 Elisha’s Questions The Widow’s Answer The Widow’s Inventory RL Johnson for Wynnewood Fellowship Church

11. Living on Enough, requires PRIORITIZING Credit Cards Determine the highest interest rate & pay minimum on all of them and more on the one with the highest interest rate. Goal: Reduce the number of cards down to 1 or 2. Savings Establish automated deductions into a Savings Account Create Savings Accounts for Auto Repair, College, etc. Create an Emergency Savings Account by setting aside 5% a month to create a 3 month living expense cushion or $3,000 Goal: Learn to live on enough while saving & making a long-term plan for retirement Insurance At minimum purchase a Term Life policy Renters or Home Owners Insurance Goal: Prevent the re-occurrence of the Widow’s oil scenario in your life RL Johnson for Wynnewood Fellowship Church

12. Living on Enough! Verse 3-5 Elisha’s Heavenly Directions The Widow’s Faithful Steps Finding and Filling Empty Earthen Vessels RL Johnson for Wynnewood Fellowship Church

13. Living on Enough, requires PRACTICING Go Go with the plan/budget Ask Ask family to keep one another in check and accountable Shut the door Shut out any new debt and Zero Balance Pour Pour self and family into the plan RL Johnson for Wynnewood Fellowship Church

14. Living on Enough! Verse 6-7 The Full Vessels Importance of Finishing Well The Reward for Faithfulness RL Johnson for Wynnewood Fellowship Church

15. Living on Enough, requires PERFECTING LOOK BACK: See the success and introduce it to our family and friends Train our kids how to live on enough Keep an eye on the Zero Balance to spot the budget leaks LOOK FORWARD: Create a 401K or review the 401K retirement fund Draft a Will and make funeral arrangements Break every chain of plastic shackles that try to entwine us RL Johnson for Wynnewood Fellowship Church

16. Living on Enough! Raymond L. Johnson October 20, 2013