If Money Talked | Week 2

Money Says: You think you own me, actually I own you  

Discussion:  

1. True or false: Most of us allow our income to drive our spending.  

2. Someone once said, “You work for your money, or your money works for you.” 

• The writer of proverbs put it this way… 

Read Proverbs 22:7 The rich rules over the poor, And the borrower becomes the lender’s slave. 

• When your spending exceeds your income, you become a slave. 

• When you manage someone else’s money are you responsible and accountable? Why? Why not?  

Read Psalms 24:1 The earth is the Lord’s, and everything in it, the world, and all who live in it; 

Read 1 Corinthians 10:26 The earth is the Lord’s, and everything in it.  

• What is your first reaction to the idea that you are managing money that God has entrusted you with?  

• Does that match the way you’ve thought about money before?  

The Challenge this week is to spy on your money.  

Which answer best describes you as it relates to you knowing where your money goes?  

• I avoid thinking about it 

• I am mostly unaware of where it’s going 

• I know generally where it is going 

• I know exactly where it is going 

• If comfortable share and explain your answer.   

• Is there a time in your life when you would have answered differently?  

Are you spending your money on those things that are most meaningful to you?  

• What are some things that you would spend money on now but what would that be and why?  

• Off the top of your head think about what you spent money on in the last week. Are any of those in your list from above?  

This week track your spending.  

Go digital  

• The Mint app or another spend tracking app  

Keep a paper trail  

• Keep every receipt from every purchase than at the end of the week write it all down.  

Write it Down, right away 

• Take a piece of paper with you every day and write every down where and for what every dime you spent. 

Spend the same way 

• Use only one debit or credit card this week and then look at your expenses via your bank statement.  

Tracking each expense will be a valuable tool to help you know how and when you’re spending your money and give you the ability to find ways to manage what God has given you to manage.  

This will allow you to maintain or begin the process of making your money work for you.  

Remember:   

No one who applies what Jesus taught about money to their personal finances ever regrets it.