1. What to Expect Once You’re Out of School
&
Tips for Living Well

2. What’s on the Horizon?
 Graduation – Congratulations!
 Some options:
 Continue education (e.g.- college, vocational
school)
 Go straight into the work force
 Increased Responsibilities:
 Possible marriage & starting a family
 Job/Income
 Bills/Expenses
○ Food, Rent, Car, Clothes, Fun, etc.

3. Now What?
 “Wisdom has built her spacious house… To
those without good judgment, she says,
“… Leave your foolish ways behind, and
begin to live; learn how to be wise.”
(Proverb 9:1-6, NLT)
 “Give me a stock clerk with a goal and I will
give you a man who will make history.
Give me a man without a goal, and I will
give you a stock clerk.”
– J.C. Penney
 You need a plan!

4. The Purpose of Money
 Give
 Tithes & Offerings
 Less fortunate
 Good causes
 Save
 Emergencies
 Large Purchases
 Long-term goals (e.g.- retirement)
 Spend
 Needs (e.g.- food and clothing)
 Wants (e.g.- movies, vacations, smartphones)

5. First Things First
(God’s Ownership)
 “The earth is the LORD's, and
everything in it. The world and all its
people belong to him.”
(Psalm 24:1, NLT)
 We have to effectively manage what
God has entrusted to us

6. Have a Written Cash Flow Plan
 “For which one of you, when he wants to
build a tower, does not first sit down and
calculate the cost to see if he has
enough to complete it?”
(Luke 14:28, NASB)
 We must maintain an “on purpose” –
written – cash flow plan that is agreed
upon by spouses or reviewed by
accountability partners if single

7. Giving
 “Each one must give as he has decided
in his heart, not reluctantly or under
compulsion, for God loves a cheerful
giver.”
(2 Corinthians 9:7, ESV)
 Because we are created in God’s image
– the image of the ultimate Giver – we
find our greatest fulfillment in giving

8. Saving Money
 “In the house of the wise are stores of
choice food and oil, but a foolish man
devours all he has.”
(Proverbs 21:20, NIV)
 We save money for three things:
 Emergencies
 Purchases
 Long-term goals

9. Four Walls
 “But if anyone does not provide for his
own, and especially for those of his
household, he has denied the faith and
is worse than an unbeliever.”
(1 Timothy 5:8, NASB)
 We should always maintain the Four
Walls – Food, Shelter, Transportation
and Clothing – before using any money
for anything else, including debt
reduction
Food Shelter Transportation
Clothing

10. Living on Less Than We
Make
 “But godliness actually is a means of
great gain when accompanied by
contentment.” (1 Timothy 6:6, NASB)
 We must learn to be content with what
we have and develop power over
purchase
 Wants that become Needs are “Weeds”

11. Life Without Debt
 “The rich rules over the poor, and the
borrower is the slave of the lender.”
(Proverb 22:7, ESV)
 We need to avoid debt whenever
possible
 Saving and going into debt both require
setting money aside, except going into
debt takes away your choice – and is
more expensive in the long run

12. The Baby Steps
 $1,000 Baby Emergency Fund
 Debt Snowball
 Fully Funded Emergency Fund
(FFEF)
 Retirement
 College Funding
 Pay Off the House Early
 Build Wealth and Give
12

13. Drive Free – Retire Rich

14. Never Stop Learning
 “Anyone who stops learning is old, whether
at twenty or eighty.” – Henry Ford
 “Learning is a treasure that will follow its
owner everywhere.” – Chinese Proverb
 “The man who doesn’t read good books
has no advantage over the man who can’t
read them.” – Mark Twain
 “Man’s mind, once stretched by a new
idea, never regains its original
dimensions.” – Oliver Wendell Holmes

15. Comments or Questions?
 Thank you!
 Contact Information:
 DNE Financial Coaching
Eric Johansen
coaching@dne.net