Bus 150 Week 1

1.5ASSIGNMENT:BIBLICAL WISDOM AND PERSONAL FINANCES

INTRODUCTION AND ALIGNMENT

The Bible has much to say about personal finances.  In order to think rightly about our personal finances, we need to explore what, in fact, the Bible says about finances. 

RESOURCES

	Video: Surviving Financial Meltdown DVD

BACKGROUND INFORMATION

Does the Bible really have anything to say about my current financial situation?  The answer is a resounding, "Yes!"  After reading chapter two ofMaster Your Money, you should now have a basic understanding of how the bible instructs us regarding personal financial decisions.  In chapter two, Ron Blue describes four biblical principles of money management.

INSTRUCTIONS

1.	Watch part one of the video Surviving Financial Meltdown (from the included DVD).  After watching the video, think about the following questions:  

a.	Spend less than you earn:  What are some areas in which I can reduce my spending?
b.	Avoid the use of debt: Is credit card use or other types of debt a problem for me?  If so, what realistic and practical changes can I make to reduce my use of debt?
c.	Save for the unexpected:  Do I have enough money saved in order to meet an unexpected event?  What can I do to increase my saving?  
d.	Set long-term goals:  What goals do I need to set for my [my family-] financial future?

2.	After thinking about these questions, write one to two page paper in which you express, in your own words, a summary of the biblical view of money and how it applies to your current situation.
3.	On the Course Menu, select Course Material.  Then select Workshop One, and submit your assignment using the Biblical Wisdom and Personal Finances assignment tool by the end of the workshop.