This document provides information on financial literacy topics such as budgeting, credit, debt, emergency funds, and becoming a millionaire. It discusses that achieving wealth has more to do with spending choices than career path. Specific tips included never living outside one's means, not going into debt, looking for opportunities, and planning for the future. The document also notes that over 40% of college students felt unprepared to manage finances and 25% continued overspending even with empty bank accounts.

1. LEARNING TO BE
A GOOD
STEWARD

2. DO YOU WANT TO BE A
MILLIONAIRE?
Would you believe your career path has less
to do with you achieving that than your
spending choices?

3. HOW
DID HE
DO IT?
• Never lived outside his means
• Didn’t let media tell him what
was required to be happy
• Gave back to God
• Did not go into debt
• Looked for opportunities
• Planned for the future

4. SUCCESS:
THE ACCOMPLISHMENT OF AN AIM
OR PURPOSE
• T H E AT TA I N M E N T O F P O P U L A R I T Y O R
P R O F I T
• A P E R S O N O R T H I N G T H AT A C H I E V E S
D E S I R E D A I M O R AT TA I N S P R O S P E R I T Y

5. DID YOU
KNOW?
• Over 40% said they felt
unprepared to manage their
finances
• 25% admitted they continued to
spend normally even with empty
bank accounts
• 12% said they NEVER checked
their bank accounts because they
were afraid of what they would
see
In a study of 40,000 college
students (91% of whom were
incoming freshmen)…

6. ACCOUNTS & HOW TO USE THEM
•Checking Account
– Easy access, unlimited transactions
•Savings Account
– Restricted access, limited transactions per
period

7. READING BANK STATEMENTS
• Why is it important to check your bank
statements?
– Track spending
– Track Fees
– Monitor for Fraud

8. BASIC BUDGETING
• Income = money coming in.
• Giving
• Saving
• Spending
• Net gain/loss = what is leftover or what you
still owe
Money going out

9. KNOW THE DIFFERENCE
• Wants
• Needs

10. CREDIT, DEBT, & LOANS
•Credit Card Debt
•Student Loan Debt
•Mortgage Debt
•Auto Loan Debt

11. BUILDING CREDIT
• Do not go into debt to build credit!

12. EMERGENCY FUND
• 63% of American Households are not able to cover
an emergency costing $500 to $1,000.
– Most emergencies will cost a lot more than $1,000.

13. “DESERVE” HAS NOTHING TO
DO WITH IT
• Sometimes bad things happen to good people.
• Have multiple “Plans” to fall back on and be prepared
for the unexpected.
• Trust God to lead you through.

14. THANK YOU
Q U E S T I O N S O R C O M M E N T S