SlideShare uma empresa Scribd logo
1 de 7
Building a Strong
Financial House
Tim Mooney
EVENT?
DATE?
Which one best describes you?
1. I’m experiencing some serious financial problems. I
need some help!
2. I’m barely making it between paychecks. I know I owe
too much, but I’m getting by for now.
3. I’m pretty good with money. Not in debt. Save regularly.
Might even try investing sometime.
4. I’ve taken a look at what the Bible says, and it has
made a big difference in the way I handle money.
Money Quiz
 How do I put the Five Ways to Handle
Money into action?
 What does a faithful steward’s financial life
actually look like?
 Where do I start?
Build a Strong Financial House
Common Questions
Build a Strong
Financial House
Control Cash Flow
Implement a
Sequential
Investment
Strategy
Plan Your
Estate
Manage Risks
of Life
Control Cash
Flow
Build a Strong
Financial House
Implement a
Sequential
Investment
Strategy
Plan Your
Estate
Manage Risks
of Life
Charitable
Giving
Manage
TaxesUtilize Spending Plan:
Outflow Less Than Inflow
Channel the Excess Properly
Eliminate Short-Term
High-Interest Debt
Set Aside 3-6 Months Living
Expenses for Emergencies or
Unexpected Needs
Save for Planned
Purchases of Major Items
(House, Auto, Furniture)
Accumulate Funds for
Long-Term Goals
(Education, Retirement)
Select an Attorney
Draft Your Wills
Consider Need for
Trusts or Other Options
INCOME DISRUPTION
Disability Insurance
EARNING ABILITY
Life Insurance
PROPERTY LOSS
Homeowner’s or Renter’s
Insurance
• Effective stewards are made - not born!
• Focus on the NEXT ACTION STEP
• Be honest with yourself about money
• Take setbacks as opportunities
Bringing it all together…
Contact Tim…
timothylmooney@gmail.com
about.me/timothylmooney

Mais conteúdo relacionado

Mais procurados

Budgeting & Saving PowerPoint
Budgeting & Saving PowerPointBudgeting & Saving PowerPoint
Budgeting & Saving PowerPoint
emurfield
 

Mais procurados (19)

Save Today. Safe Tomorrow
Save Today.  Safe TomorrowSave Today.  Safe Tomorrow
Save Today. Safe Tomorrow
 
How To Save Money
How To Save MoneyHow To Save Money
How To Save Money
 
7jars
7jars7jars
7jars
 
Ezzat Daniel Nesseim - Financial planning strategies to help you grow
Ezzat Daniel Nesseim - Financial planning strategies to help you growEzzat Daniel Nesseim - Financial planning strategies to help you grow
Ezzat Daniel Nesseim - Financial planning strategies to help you grow
 
Investment planning at early 30s
Investment planning at early 30sInvestment planning at early 30s
Investment planning at early 30s
 
Newlyweds money management tips
Newlyweds money management tipsNewlyweds money management tips
Newlyweds money management tips
 
Tips To Manage Your Money
Tips To Manage Your MoneyTips To Manage Your Money
Tips To Manage Your Money
 
How to Best Manage your Money
How to Best Manage your MoneyHow to Best Manage your Money
How to Best Manage your Money
 
Fighting Financial Flab in 2013
Fighting Financial Flab in 2013Fighting Financial Flab in 2013
Fighting Financial Flab in 2013
 
MONEY MANAGEMENT
MONEY MANAGEMENTMONEY MANAGEMENT
MONEY MANAGEMENT
 
Budgeting & Saving PowerPoint
Budgeting & Saving PowerPointBudgeting & Saving PowerPoint
Budgeting & Saving PowerPoint
 
Finance tips by Alistair Moncrieff
Finance tips by Alistair MoncrieffFinance tips by Alistair Moncrieff
Finance tips by Alistair Moncrieff
 
Ammad awan glasgow - building a spending plan
Ammad awan glasgow - building a spending planAmmad awan glasgow - building a spending plan
Ammad awan glasgow - building a spending plan
 
Money Saving Tips
Money Saving TipsMoney Saving Tips
Money Saving Tips
 
10 simple truths about money 2016
10 simple truths about money 201610 simple truths about money 2016
10 simple truths about money 2016
 
Financial management
Financial managementFinancial management
Financial management
 
Build a successful financial plan
Build a successful financial planBuild a successful financial plan
Build a successful financial plan
 
Taking Control of Your Cash - Eliminating Debt
Taking Control of Your Cash - Eliminating DebtTaking Control of Your Cash - Eliminating Debt
Taking Control of Your Cash - Eliminating Debt
 
The Six Stages of Wealth Creation
The Six Stages of Wealth CreationThe Six Stages of Wealth Creation
The Six Stages of Wealth Creation
 

Semelhante a Building a Strong Financial House (stand alone)

3 Direction: Practical Application Of Financial Literacy Using ESBI
3 Direction: Practical Application Of Financial Literacy Using ESBI3 Direction: Practical Application Of Financial Literacy Using ESBI
3 Direction: Practical Application Of Financial Literacy Using ESBI
projecthope123
 
Financial literacy
Financial literacyFinancial literacy
Financial literacy
191406kd
 
Personal finance & investing
Personal finance & investingPersonal finance & investing
Personal finance & investing
Zaini Ithnin
 

Semelhante a Building a Strong Financial House (stand alone) (20)

Financial management for just married couples
Financial management for just married couplesFinancial management for just married couples
Financial management for just married couples
 
Top 5 Money Mistakes Made by Millennials
Top 5 Money Mistakes Made by MillennialsTop 5 Money Mistakes Made by Millennials
Top 5 Money Mistakes Made by Millennials
 
Personal Finance Mexico
Personal Finance MexicoPersonal Finance Mexico
Personal Finance Mexico
 
Personal finance basics and time value of money
Personal finance basics and time value of moneyPersonal finance basics and time value of money
Personal finance basics and time value of money
 
Investment strategies-to-grow-your-assets
Investment strategies-to-grow-your-assetsInvestment strategies-to-grow-your-assets
Investment strategies-to-grow-your-assets
 
advise for the Hopes family
advise for the Hopes familyadvise for the Hopes family
advise for the Hopes family
 
How To Survive a Recession: Recession Proof Your Life
How To Survive a Recession: Recession Proof Your LifeHow To Survive a Recession: Recession Proof Your Life
How To Survive a Recession: Recession Proof Your Life
 
The three aspects of money
The three aspects of moneyThe three aspects of money
The three aspects of money
 
Top 5 money mistakes of young couples
Top 5 money mistakes of young couplesTop 5 money mistakes of young couples
Top 5 money mistakes of young couples
 
Personal Finance Final.pptx
Personal Finance Final.pptxPersonal Finance Final.pptx
Personal Finance Final.pptx
 
Financial planning..........
Financial planning..........Financial planning..........
Financial planning..........
 
Business of Budgeting for the Family
Business of Budgeting for the FamilyBusiness of Budgeting for the Family
Business of Budgeting for the Family
 
3 Direction: Practical Application Of Financial Literacy Using ESBI
3 Direction: Practical Application Of Financial Literacy Using ESBI3 Direction: Practical Application Of Financial Literacy Using ESBI
3 Direction: Practical Application Of Financial Literacy Using ESBI
 
Family budget
Family budgetFamily budget
Family budget
 
Planning 9
Planning 9Planning 9
Planning 9
 
Wealth building made simple emails
Wealth building made simple emailsWealth building made simple emails
Wealth building made simple emails
 
Personal financial planning chapter#02 discussion case 01
Personal financial planning chapter#02 discussion case 01Personal financial planning chapter#02 discussion case 01
Personal financial planning chapter#02 discussion case 01
 
Financial literacy
Financial literacyFinancial literacy
Financial literacy
 
When to Seek Wealth Management Advice For Retirement
When to Seek Wealth Management Advice For RetirementWhen to Seek Wealth Management Advice For Retirement
When to Seek Wealth Management Advice For Retirement
 
Personal finance & investing
Personal finance & investingPersonal finance & investing
Personal finance & investing
 

Último

Último (20)

Google Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxGoogle Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptx
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
 
Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)
 
How to Add New Custom Addons Path in Odoo 17
How to Add New Custom Addons Path in Odoo 17How to Add New Custom Addons Path in Odoo 17
How to Add New Custom Addons Path in Odoo 17
 
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptxCOMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
COMMUNICATING NEGATIVE NEWS - APPROACHES .pptx
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
REMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxREMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptx
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptx
 
How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptx
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 

Building a Strong Financial House (stand alone)

  • 1. Building a Strong Financial House Tim Mooney EVENT? DATE?
  • 2. Which one best describes you? 1. I’m experiencing some serious financial problems. I need some help! 2. I’m barely making it between paychecks. I know I owe too much, but I’m getting by for now. 3. I’m pretty good with money. Not in debt. Save regularly. Might even try investing sometime. 4. I’ve taken a look at what the Bible says, and it has made a big difference in the way I handle money. Money Quiz
  • 3.  How do I put the Five Ways to Handle Money into action?  What does a faithful steward’s financial life actually look like?  Where do I start? Build a Strong Financial House Common Questions
  • 4. Build a Strong Financial House Control Cash Flow Implement a Sequential Investment Strategy Plan Your Estate Manage Risks of Life
  • 5. Control Cash Flow Build a Strong Financial House Implement a Sequential Investment Strategy Plan Your Estate Manage Risks of Life Charitable Giving Manage TaxesUtilize Spending Plan: Outflow Less Than Inflow Channel the Excess Properly Eliminate Short-Term High-Interest Debt Set Aside 3-6 Months Living Expenses for Emergencies or Unexpected Needs Save for Planned Purchases of Major Items (House, Auto, Furniture) Accumulate Funds for Long-Term Goals (Education, Retirement) Select an Attorney Draft Your Wills Consider Need for Trusts or Other Options INCOME DISRUPTION Disability Insurance EARNING ABILITY Life Insurance PROPERTY LOSS Homeowner’s or Renter’s Insurance
  • 6. • Effective stewards are made - not born! • Focus on the NEXT ACTION STEP • Be honest with yourself about money • Take setbacks as opportunities Bringing it all together…

Notas do Editor

  1. INDEX CARDS…Write down which one of these statements best describes your situation.This talk is for you if you are . . .PERSON #1 - You are in crisis, and this will show you there is hope.PERSON #2 - You have a false sense of security that is only one mis-step away from disaster.PERSON #3 - You are in good “financial” shape but maybe you need to look at what it means to lead a financial lifestyle from God’s perspective.PERSON #4 - You are apparently honoring God with your lifestyle. Maybe you need to step up and help out other people in this area.Everybody falls into one of those categories. And, the topic of handling money is relevant for every person in the room. That’s probably why you are here!
  2. I have asked these same questions AND put together a model to help you make practical application
  3. Building a Strong Financial HouseWhat is this good for?Model is a snapshot of a well-rounded life according to sound financial principles.Also can be used as a step-by-step guide for “putting your financial house in order”READ SEGMENTSFOCUS ON FOUNDATIONKEEP UPPER LEVELS IN MIND AS YOU ARE READY FOR THEM
  4. Caveats:Not everyone’s house will look the same! We all start to build our financial house at different places.Don’t try all of these at once! Start with the foundation and build from there.If your house is already messy, don’t give up! You can put it back together with some work and commitment.