A New Perspective for the New Year with Chad Clark

Show Notes

• Perspective is key in creating and adhering to a budget.
• Budgeting is often viewed as a necessary but challenging task, similar to a diet.
• Success in budgeting hinges on understanding the 'why' behind it.
• Differentiating between your financial goals (what you want to do) and the underlying reasons (why you're doing it) is crucial.

• Our 'why' should align with scriptural teachings, recognizing God's ownership over everything.
• Believers should form their own 'why' statements, reflecting a commitment to stewardship based on biblical principles.

• Acknowledging God as the owner defines our role as stewards, influencing our financial choices.
• Seeing ourselves as managers under God's ownership leads to more thoughtful and responsible decision-making.

• A passive owner is uninvolved, while an active owner like the Holy Spirit seeks to guide our financial decisions.
• Recognizing God as an active owner encourages us to seek His wisdom and alleviates the burden of solo decision-making.
• This perspective leads us to view our financial decisions as part of our stewardship role.
• It encourages reliance on God for guidance in managing finances, reducing stress and guesswork.

• Budgeting becomes a tool for stewarding God's resources, rather than just a financial exercise.
• Understanding our stewardship role enhances commitment to and effectiveness in budgeting.

• The app provides various systems to fit individual money management styles.
• It serves as a supportive tool for effective stewardship, adaptable to personal needs.
• The Faith Fi app is designed to meet diverse financial personalities and challenges.
• Support from Christian financial counselors and resources is available to overcome past barriers.
• The app features a digital version of the traditional envelope budgeting system.
• It allows for carrying forward balances in different categories for planned expenses.

• The app promotes joint financial management, improving communication and decision-making.
• It helps couples align on stewardship goals, reducing money-related conflicts.

• I'm in my 60s and worried about our investments in the stock market after losing money. Should we keep our money there or move it to a safer place due to our age and market uncertainty?
• I'm looking to get out of credit card debt and have contacted Christian credit counselors, but they don't service Kansas. I'm considering a company that offers to pay back less than what I owe through negotiation, but I'm unsure if this is the right approach.

• Christian Credit Counselors
• Find a Certified Kingdom Advisor