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November 9, 2009

Guest Post: 5 Reasons To Start A Debt Ministry - Part TWO

Part Two: The Bible

The Bible is FULL of financial wisdom that people need to hear, learn and apply. A debt ministry could be founded on the book of Proverbs alone.

A debt ministry will equip people to become debt-free and use the freed up money to invest (both in God's kingdom and for their family).

An effective debt ministry will do two key things:
1. Teach people biblical principles from God's Word
2. Provide examples for practical application of each principle

As an example, look at Proverbs 21:5. It states "The plans of the diligent lead to profit as surely as haste leads to poverty." The biblical principle is to "have a plan/avoid making hasty decisions." A practical application could be to teach people how to prepare a written budget before each month begins. This provides a "plan" and helps them to avoid hasty decisions.

Teach the Word. Connect it to practical ways to apply that knowledge.


The I Was Broke. Now I'm Not. team is passionate about helping others accomplish far more than they ever thought possible. We provide full personal finance ministry solutions including development of money messages, speaking on Sundays, teaching live personal finance workshops (2-hour Financial Learning Experience; 6-hour Financial Freedom Experience), and training financial counselors on-site (Financial Counseling Experience). We also provide books and group studies, including Joe's book, I Was Broke. Now I'm Not. and its related six-week group study. For more information, contact their team HERE.

Learn more about Joe Sangl.

Posted by bstroup at November 9, 2009 8:28 AM

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