“The Pocket Guide To Debt Free Living God’s Way”

1 The Pocket Guide To Debt free Living God s Way An E-Book By Bob Louder Christian Financial Ministries, Inc. Visit us on the Web: Copyright Christian Financial Ministries, Inc 2006 All Rights Reserved 2 free Distribution Rights to The Pocket Guide To Debt free Living God s Way E-Book Congratulations!! You are on your way to discovering Debt free Living God s Way for you and those you love. This Introductory E-Book is absolutely free . Also, you may share The Pocket Guide To Debt free Living God s Way E-Book with anyone you choose so long as you Don t charge you must give this E-Book away absolutely free , and Don t modify this E-Book in any way you may not add to or take away from any content.

2 The Pocket Guide To Debt free Living God s Way is an introductory E-Book taken, in part, from the complete Debt free Living God s Way E-Book by Bob Louder published and copyrighted by Christian Financial Ministries. The complete Debt free Living God s Way E-Book is based on the How To Manage Your Money seminar content that Bob Louder developed for Larry Burkett and Christian Financial Concepts. This seminar details the timeless truths surrounding Bible-based financial principles and practical applications. This seminar was presented in churches and communities all over the US prior to Christian Financial Concepts merging with Crown Financial Ministries. Christian Financial Ministries will soon offer the complete seminar script for free to any interested church.

3 Power Point slides and a syllabus will also be available. The complete Debt free Living God s Way E-Book is only available on the Internet. You won t find it in any bookstore. This helps us keep our costs down and thereby make it available to many more people. For information on the complete Debt free Living God s Way seminar turned E-Book, please go to our Web site at Please be blessed and pass it on. Christian Financial Ministries, Inc. Phone: 1-800-895-0512 850-B Old Piedmont Road Phone: 678-797-9444 (Atlanta) Marietta, GA 30066 Email: 3 The Pocket Guide To Debt free Living God s Way An E-Book By Bob Louder Christian Financial Ministries, Inc.

4 Table of Contents Introduction 4 1. Wealth: The First Of Two Critical Biblical Financial Principles 6 2. Stewardship: The Second of Two Critical Biblical Financial Principles 8 3. The Best Debt free Living Resources 10 4. Christian Financial Ministries Fact Sheet 13 4 The Pocket Guide To Debt free Living God s Way An E-Book From Christian Financial Ministries INTRODUCTION Are you enjoying Debt free Living God s Way or do you struggle with your finances? Is your relationship with God stressed because whenever you sit down to read the Bible or pray, all you can think about are money problems?

5 Do you and those close to you argue over money? Are your credit cards maxed out? Do you pay one credit card with another? Are creditors calling about late mortgage, car or credit card payments? Are you considering consolidation loans, second jobs, second mortgages, or even bankruptcy? Perhaps you have other financial problem areas? Your personal and/or business decisions have not always been God honoring? You live from paycheck to paycheck? You are not saving or investing for emergencies, college, or retirement? Not enough of the right kinds of insurance? Don t tithe? Can t give the way you would like? Don t have a will? You are not alone. Consider these statistics we put together from credible WEB sources.

6 There are billion plastic cards in use in the United States. When I say plastic cards, I mean credit cards, debit cards and store credit cards. The average American household has 13 of these cards. Credit cardholders that carry a balance, average about $5,800 in debt. If they make only the minimum payment, they will be paying on those cards for 30 years and will pay an extra $15,000 in interest. We tend to buy 112% more when we use our credit cards than when we use cash. Over 40% of Americans spend more than they earn. On average, Americans can expect to receive just 37% of the annual retirement income they will need to live comfortably. Therefore, more than 96% of all Americans will retire dependent on the government, their family, or charity.

7 Almost one out of every 100 households in the United States will file for bankruptcy The average homeowner stays in their home for years. With an 8% mortgage, they will sell their home still owing over 90% on their mortgage. If they were to continue this trend they would NEVER pay off a mortgage in their lifetime. Only 2% of homes in America are paid for! 5 The average student bears a credit card balance of $3,200 and one among every 10 college students carries a balance of over $7,800. To add to the woes, the number of bankruptcy filers under 25 has leapt to more than 5% from 1%. You and your family don t have to be part of these statistics!! Debt free Living God s Way is possible for you!

8 Now! Managing your finances really should not be a struggle. The financial areas of your life should be freeing, not restricting. You will find life a lot more enjoyable and rewarding if your financial decisions are pleasing to God. You can have closer family relationships, a debt- free lifestyle (including your home), save for the future, and a plan to pass on part of your wealth to family members and worthy ministries and organizations. Get on the Debt free Living Path God s Way! Now! How? This E-Book is a great START! First, you will begin to recognize and understand so that later you can begin to apply Biblical financial principles and practical applications. You will begin to better understand the forces behind your financial distress.

9 You will see the need to set realistic goals and how to get on and stay on a budget. You can begin to work to help make things right for you and your family spiritually, financially and emotionally for good! Second, if you have any questions, you can get immediate help from our financial and spiritual counselors. Just give us a call (678-797-9444 or 1-800-894-4800) or send us an e-mail What topics will you cover during our times together in this E-Book? 1. You will first discover the two most important biblical financial principles. If you understand and apply these two basic principles, you will always make better financial decisions. 2. You will find out where to find the best Bible-based debt free program information and application resources.

10 3. You will find the single best location to receive BOTH the best Bible-based debt free Living program learning materials AND the best Bible-based debt free Living practical helps. During our times together, please remember that our counselors and coaches have been helping God s people who are absolutely, positively ready to get out of debt and work to build and pass on wealth since 1987. We have helped hundreds of individuals, families, churches and small businesses through counseling, consulting, coaching, small group studies, workshops and seminars. God can and will use our time together to help you! 6 The Pocket Guide To Debt free Living God s Way An E-Book From Christian Financial Ministries Chapter One Wealth The First of Two, Critical, Biblical Financial Principles God s Word contains two financial principles that you should apply to every economic decision you ever make.