SAINT LUKE BIBLE FELLOWSHIP
According to insurance companies statistics, of one-hundred (100) people who reach retirement
percent (80%) of people will be working with no savings and will be financially broke upon reaching retirement age.
2. Fifteen percent (15%) of people will have
some savings put aside and will still have to work upon reaching retirement age.
3. Four percent (4%) of people will be financially abundant and will not have to
work upon reaching retirement age.
One percent (1%) of people will be financially independent and will not have to work upon reaching retirement age.
There are two (2) main reasons why ninety-five percent
(95%) of people reach retirement age financially broke and must still work;
1. They never decide
to retire financially abundant and/or financially independent.
2. They procrastinate about doing the
things they need to do to become financially abundant and/or financially independent.
There are four (4)
critical steps that people must learn and apply to achieve financial abundance and/or financial independence;
1. A Desire To Be Financially Abundant.
2. A Decision To Be Financially Abundant.
3. The Discipline To Be Financially Abundant.
4. The Determination To Be Financially
FINANCIAL MANAGEMENT GOALS/OBJECTIVES
The five (5) goals/objectives of financial management are;
2. Financial Planning.
3. Financial Asset Investments.
5. Financial Harvesting/Reaping.
LAWS OF WEALTH
Financial management, financial abundance and financial independence begins
with knowing, understanding and applying the seven (7) laws of wealth;
FIRST LAW OF WEALTH
The Learning Law
LAW OF WEALTH
The Earning Law
THIRD LAW OF WEALTH
The Tithing Law
FOURTH LAW OF WEALTH
The Saving Law
LAW OF WEALTH
The Investing Law
SIXTH LAW OF WEALTH
The Spending Law
SEVENTH LAW OF WEALTH
The Sharing Law
REDUCING FINANCIAL DEBT
and/or eliminating credit card debt begins with knowing, understanding and applying the following five (5) steps;
List All Financial Debts On Paper.
Re-Arrange The Financial Debts List From Lowest To Highest Balance(s).
Make A Minimal Additional $100.00 Payment On The Lowest Balance.
Pay Minimum Balance
On Remaining Balance(s).
After Paying Off The Lowest Balance(s) Repeat Steps Two - Five.
PRINCIPLES OF FINANCIAL ABUNDANCE & FINANCIAL INDEPENDENCE
Investors who learn, understand and strictly apply the following seven (7) financial principles will
avoid investing in Wall Street’s complicated and confusing investment products;
FIRST FINANCIAL PRINCIPLE
Be Responsible For Using Their God Given Abilities, Gifts & Talents
To Acquire Finances.
Be Responsible For Acquiring & Multiplying Their Finances.
THIRD FINANCIAL PRINCIPLE
Give The Lord God His Portion Of Their Acquired Finances.
FOURTH FINANCIAL PRINCIPLE
Pay Themselves A Minimum Of Five Percent (5%) To Ten Percent (10%)
Of Their Acquired Finances.
Consult With Financially Wise People On How To Multiply Their Acquired Finances.
SIXTH FINANCIAL PRINCIPLE
Find Employment For Their Acquired Finances So Their Acquired Finances
Can Multiply And Earn More Finances.
Allow Their Acquired Finances To Work Long Enough To Multiply So That It Will Hire Several Thousand Workers In The Form Of