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Financial Freedom Seminar: Marriage, Money, and Creating Your Home

Join Tom Wells, Money Map Coach and Trainer, as he shares insights on managing finances within marriage and creating financial stability. Learn practical strategies for budgeting, saving, and eliminating debt. Discover how to build a solid financial framework and navigate common challenges. Don't miss this opportunity to gain financial freedom!

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Financial Freedom Seminar: Marriage, Money, and Creating Your Home

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  1. Tom Wells Money Map Coach and Trainer, Crown Financial Ministries Seminar Instructor, Crown Financial Ministries Referral Coach, Compass-finances God’s Way NANC Certified Biblical Counselor

  2. Marriage: Once and for All • The Cheering Section: Whys and Hows • Money: Ins and Outs of Income and Outgo • Snags: Common Problems and Complications • Times of your Lives: Engagement through the Empty Nest • Creating Your Own Home Sweet Home

  3. All things (good and bad) are used by God to make us more Christ-like Romans 8:28-29: And we know that all things work together for goodto them that love God, to them who are the called according to his purpose. For whom he did foreknow, he also did predestinate to be conformed to the image of his Son, that he might be the firstborn among many brethren.

  4. Marriage: Once and for All • The Cheering Section: Whys and Hows • Money: Ins and Outs of Income and Outgo • Snags: Common Problems and Complications • Times of your Lives: Engagement through the Empty Nest • Creating Your Own Home Sweet Home

  5. Four Laws of Communication 1 - Be Honest - Speak Truth Lovingly 2 – Keep Current • 2A. Be angry and sin not • 2B. Don’t let the sun set on your anger • 2C. Do not be anxious for tomorrow (Matthew 6:34)

  6. Four Laws of Communication • ATTACK PROBLEMS – Not People (vv. 26,27)No corrupt communication • ACT! DON’T REACT! (vv. 31-32) • 4A. Reaction (v. 31) –Bitterness, Wrath, Anger, Clamor, Slander, Malice • 4B. Actions (v. 32) –Kind, Tenderhearted, Forgiving

  7. Homework for week 2 • Complete the Goals Form • Memorize Ephesians 4:29 29 - Let no corrupt communication proceed out of your mouth, but that which is good to the use of edifying, that it may minister grace unto the hearers.

  8. Marriage: Once and for All • The Cheering Section: Whys and Hows • Money: Ins and Outs of Income and Outgo • Snags: Common Problems and Complications • Times of your Lives: Engagement through the Empty Nest • Creating Your Own Home Sweet Home

  9. True Financial Freedom Home Mortgage Paid Off Retirement Funded FREE TO SERVE! Kid’s Education Funded Estate Plan in Order Buy Home and Begin Investing Save for Major Purchases Consumer Debt is Paid Off Prepay Mortgage Credit Cards Paid Off Home Auto Retirement Education Business Emergency Savings Increase Savings to 3 Month’s Living Expenses Increase Savings to 1 Month’s Living Expenses Start Budget Save $1000

  10. Memory Verse for Week 3 1 Cor. 4:2 - Moreover it is required in stewards, that a man be found faithful.

  11. God Cares about your Money! • Be faithful with 100% (Five Finger analogy) • Give some • Save some • Get out of debt with some • Spend some • You’ll always have some

  12. Homework • Discuss Long-Range and Short-range giving goals • Memorize 1 Corinthians 4:2Moreover it is required in stewards, that a man be found faithful. • Start Financial Diary for 30 days • Make a Draft Budget using FORM 1 • Make a list of Debts

  13. Marriage: Once and for All • The Cheering Section: Whys and Hows • Money: Ins and Outs of Income and Outgo • Snags: Common Problems and Complications • Times of your Lives: Engagement through the Empty Nest • Creating Your Own Home Sweet Home

  14. Howard and Bev’s Adopted Son • Challenges (p. 139)

  15. Proverbs 27:12 - A prudent man foreseeth the evil, and hideth himself; but the simple pass on, and are punished. • A Solid Framework(p. 140)

  16. Learning Principles Applying Principles • Half the Job (p. 140)

  17. Matthew 7:24-27 Therefore whosoever heareth these sayings of mine, and doeth them, I will liken him unto a wise man, which built his house upon a rock: • A Solid Framework(p. 140)

  18. Ron Dunn “If God subtracted one pain, one heartache, one disappointment from my life, I would be less than the person I am now, less that what god wants me to be, and my ministry would be less than he intends.” • The Right Attitude toward Problems(p. 141)

  19. 1 Corinthians 10:13 There hath no temptation taken you but such as is common to man: but God is faithful, who will not suffer you to be tempted above that ye are able; but will with the temptation also make a way to escape, that ye may be able to bear it. • … but you don’t know what I’ve been through (p. 141)

  20. Money Map provides Margin • Financial Preparation (p. 141)

  21. Communicate with one another by scheduling a time to meet everyday. • Involve children (age appropriate) • Seek Counsel for Others • When Challenges Come (p. 142)

  22. Talk about ways to minimize financial and emotional toll • Make a Game plan • Eliminate the use of debt (needs only) • Maintain health insurance Your Full-time job is finding a job • Job Loss (p. 142)

  23. The Double Whammy is Catastrophic without insurance • Determine facts ASAP • Get advice from those you trust • Track all medical expenses • Don’t hesitate to question charges • Don’t let Pride keep you from sharing needs • Illness or Accident (p. 143)

  24. 2 Corinthians 8:14 But by an equality, that now at this time your abundance may be a supply for their want, that their abundance also may be a supply for your want: that there may be equality: • Seek help with Humility (p. 143)

  25. 80% of College grads move back in with mom and Dad • Set Ground Rules • Contribute toward room and board • Household Chores • Boomerangs (p. 144)

  26. Others have faced this Sell the home or care yourself Upside-down? Borrow the Difference • You will owe less • You will protect your credit score • You will honor the Lord by keeping your word • Repossession and Foreclosure(p. 145)

  27. Sell the home • Deed in lieu of Foreclosure: Lender takes deed • Short Sale: Lender accepts buyer’s offer as full payment • Debt forgiven is often considered taxable income • Home Foreclosure Options(p. 146)

  28. Psalm 37:21 The wicked borroweth, and payeth not again: but the righteous sheweth mercy, and giveth. • Bankruptcy (p. 146)

  29. Chapter 7, 11, and 13 Last Resort (job applications ask – “Have you ever?”) Forced bankruptcy Garnishment Suicidal Depression Commit to repay • Bankruptcy(p. 147)

  30. Four Laws of Communication The “Nevers” • Never threaten Divorce • Never Confront in Public • Never Nag (Prov. 19:13) • “…the contentions of a wife are a continual dropping” • Never Verbally Attack (Use “I” not “You”) • Never resurrect the Past • Conflict Resolution (p. 152)

  31. Always ask permission to address the conflict • Always invite God to be a part of the discussion • Always admit when you are wrong • Always listen (talking stick) • Always keep arguments out of the bedroom (1 Cor. 7:3,5) • Always stick to the subject • Always deal with disagreements ASAP • Always decide on a plan • Conflict Resolution – The Always (p. 152)

  32. - Giving up the RIGHT to revenge - To RELEASE the offender from your grip - Clearing the RECORD in your heart – and not holding it against them • Biblical Forgiveness (p. 152)

  33. I will not bring it up to you again to use in a hurtful way • I will not talk about it to others • I will not dwell on it myself • Characteristics of Forgiveness (p. 152)

  34. Before prayer – see Mark 11:25 “When you stand praying” • Before worship – see Matt. 5:23-24 “Therefore if you bring your gift…” • Before sleeping – see Eph. 4:26 “Do not let the sun go down on your wrath…” • When to Forgive (p. 152)

  35. What do you need to do to improve your communication and conflict resolution?

  36. Rob and Natalie’s Story • CRISIS (p. 159)

  37. Nathan and Laura’s Story • CRISIS (p. 160)

  38. Proverbs 19:20 Hear counsel, and receive instruction, that thou mayest be wise in thy latter end. The Best Counselor’s know Jesus and their Bible • Wise Counsel (p. 161)

  39. Moderate: Minor help from others • Serious: Seek a Biblically Trained Counselor • Critical: Intervention Required • Crisis Evaluation(p. 162)

  40. Pray Together • Agree on Ground Rules for Communication • Use words to edify, not hurt • Write a letter – the tongue cannot bring clarity like the fingertips • Crisis Resolution Steps (p. 163)

  41. Identify and Confess Sin • Pray for God to reveal the sin you cannot see • Document what you will NOT do • Look for Root Causes, not symptoms • Rebuild the Marriage • Crisis Resolution Steps (p. 164)

  42. Biblical Counseling Weekend Retreat • Biblical Treatment Center • Crisis Intervention (p. 165)

  43. Keep in mind that these options are Expensive • Financial problem go from tight to suffocating • Separation and Divorce (p. 165)

  44. Homework • Memorize 1 Corinthians 10:13There hath no temptation taken you but such as is common to man: but God is faithful, who will not suffer you to be tempted above that ye are able; but will with the temptation also make a way to escape, that ye may be able to bear it. • Continue Financial Diary for March

  45. Q & A Tom Wells Money Map Coach for Crown Financial Ministries Seminar Instructor for Crown Financial Ministries Referral Coach for Compass-finances God’s Way NANC Certified Biblical Counselor

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