Category Archives: My Money

Things pertaining to money specifically.

03 A Financial Planning Overview My Notes

Assignment: MYM – Master Your Money

1.Read the Devotional page 6.
2.Complete God’s Answer to Financial Problems 1-5. We will not go over this together but I will ask if you did complete it. The Scriptures are important to see.
3.Read MYM chapter 3 pages 29-39 and answer these questions.
What is financial planning?

What is Financial Planning?

Allocating limited financial resources among unlimited alternatives. (p31)

What does allocating limited financial resources among unlimited alternatives mean?  I asked ChatGPT to act as a teacher and explain this to an 8th grader. This is what I got:

Financial planning is like managing a set amount of money among countless options. It’s like deciding how to spend your allowance wisely when you have so many things you want to buy.

I then asked ChatGPT to explain it to a college graduate:

As you embark on your journey into the world of personal finance, remember that financial planning involves strategically distributing your finite funds among an array of potential options to maximize their effectiveness and achieve your desired outcomes.

I remember sitting in my economics class at The Master’s College in California (a Christian college) listening to our instructor, who was from India, pose the following question:

Do we live in a world of limited resources or do we live in a world of unlimited resources?

How do you think our class responded?

My thinking went like this: If God is infinite and unlimited and created everything out of nothing, then we live in a world of unlimited resources. And if our days are numbered, if we are limited and finite in this sense, then we have a limited amount of time which means we have a limited number of choices and alternatives. This would mean the exact opposite of what is said here is true.

Psalms 50:10-11 For every beast of the forest is Mine, the cattle on a thousand hills. I know every bird of the mountains, and everything that moves in the field is Mine.

Psalms 24:1 The earth is the Lord’s, and all it contains, The world, and those who dwell in it.

Objectives of Financial Planning

…you do not take a vacation or buy a car just to spend money, but rather to provide something else such as recreation or transportation. Many people ask me how to spend money, and I always make it a practice to ask, What are you really trying to accomplish?This question helps to focus the decision on real objectives.

When is financial independence reached? (circle A or B)

A.When resources accumulated generate enough income to fund all short-term objectives.
B.When we reach a point of surrender in our finances with respect to God’s ownership and our stewardship.[1]
When is financial independence reached?

Answer A is the answer a financial planner would give to anyone who doesn’t have a firm belief in God and His power.

Answer B is the answer he should give to a Christian.

When we reach a point of surrender in our finances with respect to God’s ownership and our stewardship, this means we can be poor and in need, and yet still be financially free. Do you see that?

Now to surrender means what? What does it mean to surrender? And how do we reach that point of surrender? What is involved in that?

Suppose you are standing in line at a bank. Suddenly, a sinister figure materializes, commanding attention with a menacing presence. With a chilling command, he demands compliance, coercing patrons to relinquish their possessions and cower in submission. You comply. Have you surrendered?

To surrender means to yield or to give up control, often in acceptance or acknowledgment of a situation or circumstance. Think about what is involved in reaching this point.

Acceptance: Surrender begins with accepting reality as it is, without resistance or denial.

Letting Go: It involves releasing attachment to outcomes, expectations, or desires that may be causing distress or struggle.

Trust: Surrendering requires trust in oneself, in others, or in a higher power, believing that things will unfold as they are meant to.

Humility: It involves recognizing one’s limitations and acknowledging that some things are beyond our control.

Peace: Surrender often leads to a sense of inner peace or relief, as the burden of trying to control or change what cannot be controlled is lifted.

So, when is financial independence reached? Financial independence is reached when we reach a point of surrender in our finances with respect to God’s ownership and our stewardship.

The question I want to raise today is did Jesus teach this; did He teach His disciples what financial independence is? Did He instruct His disciples in the use of money?

 What limitations or problems do you foresee falling upon them if He had not taught them about money?
 Before we look at this, can you think of anything that Jesus said regarding money?

Matthew sat in a class taught by Jesus and wrote to tell about it. This is what he remembers Jesus saying about it.

Matt 6:19-33

Do not store up for yourselves treasures on earth, where moth and rust destroy, and where thieves break in and steal. “But store up for yourselves treasures in heaven, where neither moth nor rust destroys, and where thieves do not break in or steal; for where your treasure is, there your heart will be also.

Verse 24 “No one can serve two masters; for either he will hate the one and love the other, or he will be devoted to one and despise the other. You cannot serve God and wealth.

Verse 25 “For this reason I say to you, do not be worried about your life, as to what you will eat or what you will drink; nor for your body, as to what you will put on. Is not life more than food, and the body more than clothing? “Look at the birds of the air, that they do not sow, nor reap nor gather into barns, and yet your heavenly Father feeds them. Are you not worth much more than they? “And who of you by being worried can add a single hour to his life? “And why are you worried about clothing? Observe how the lilies of the field grow; they do not toil nor do they spin, yet I say to you that not even Solomon in all his glory clothed himself like one of these. “But if God so clothes the grass of the field, which is alive today and tomorrow is thrown into the furnace, will He not much more clothe you? You of little faith! “Do not worry then, saying, ‘What will we eat?’ or ‘What will we drink?’ or ‘What will we wear for clothing?’ “For the Gentiles eagerly seek all these things; for your heavenly Father knows that you need all these things.” But seek first His kingdom and His righteousness, and all these things will be added to you.

But seek first His kingdom. That is easier said than done. What does it even mean?  

Luke too was taught by Jesus. This is what he remembers.

Luke 9:23-25 And He was saying to them all, “If anyone wishes to come after Me, he must deny himself, and take up his cross daily and follow Me. “For whoever wishes to save his life will lose it, but whoever loses his life for My sake, he is the one who will save it. “For what is a man profited if he gains the whole world, and loses or forfeits himself?

You must set God first in your life is what He means.

Luke remembers more.

As they were going along the road, someone said to Him, “I will follow You wherever You go.” And Jesus said to him, “The foxes have holes and the birds of the air have nests, but the Son of Man has nowhere to lay His head.” And He said to another, “Follow Me.” But he said, “Lord, permit me first to go and bury my father.” But He said to him, “Allow the dead to bury their own dead; but as for you, go and proclaim everywhere the kingdom of God.” Another also said, “I will follow You, Lord; but first permit me to say good-bye to those at home.” But Jesus said to him, “No one, after putting his hand to the plow and looking back, is fit for the kingdom of God.” Luke 9:57-62

Matthew and Luke both describe this very high calling of forsaking all to follow Christ. Matthew, you may recall was a tax collector. When Jesus called him, he got up from his table and left. Luke was a doctor. The details of his calling are not given but we see him traveling around with Paul in the Book of Acts. All the disciples were confronted with this message. How did this work out for them?

Paul wrote about his personal experience with it in a letter to the Philippians.

Beware of the dogs, beware of the evil workers, beware of the false circumcision; for we are the true circumcision, who worship in the Spirit of God and glory in Christ Jesus and put no confidence in the flesh, although I myself might have confidence even in the flesh. If anyone else has a mind to put confidence in the flesh, I far more: circumcised the eighth day, of the nation of Israel, of the tribe of Benjamin, a Hebrew of Hebrews; as to the Law, a Pharisee; as to zeal, a persecutor of the church; as to the righteousness which is in the Law, found blameless.

But whatever things were gain to me, those things I have counted as loss for the sake of Christ. More than that, I count all things to be loss in view of the surpassing value of knowing Christ Jesus my Lord, for whom I have suffered the loss of all things, and count them but rubbish so that I may gain Christ. (Philippians 3:2-8)

His experience doesn’t sound like a bank hold up experience where someone put a gun to his head and told him to empty his pockets. “whatever things were gain to me, those things I have counted as loss…as rubbish so that I may gain Christ.” He found something better than what was in his pockets.

Peter and John you recall were in business together. They were confronted with leaving a very profitable fishing business. We know it was profitable because they had hired servants to help them.

How did these men reach a point of surrender in their finances so that they could follow Jesus?

Well, the Bible shows us how and I think this is very important to see.

I had to study the Bible to see it. And by study I don’t mean reading the Bible; I mean read and study. I mean become very familiar with what is there and what it all means. I had help.

Thomas and Gundry wrote a book called Harmony of the Gospels. It lists all the events in the Life of Christ in chronological order. There are 259 events from the time of His birth to the time of His death, burial, and resurrection. I noticed something interesting here when you line up all the events on a timeline like this.

HANDOUT – Here is a timeline that generally speaking covers 3 years of the ministry of Jesus. Event 31 is actually the very beginning of Jesus ministry; this is right after John baptizes Him. John the Baptist had been preaching for 6 months; so 0-31 basically represents 6 months on this timescale. And generally speaking the next 31 events cover another 6 months and so on.


Do you see how Jesus takes care of His disciples? Do you see how He means what He says when He says,

“Follow Me, and I will make you become fishers of men.” Mark 1:17.

Where are you at on this timeline when it comes to trusting God?

Do you believe that Jesus will make you into His disciple?

Do you think that might involve some experiences that stretch you from time to time like we see in the Gospels?

Will you surrender? Will you surrender, not because God puts some sort of gun to your head, but because He offers you life, abundant life when you do?

Even though the economy is bad, even though the government is crumbling, even though interest rates are high, even though unemployment is going up, can you surrender and trust the One who owns it all to see you through?

Psalms 16:11 You will make known to me the path of life; In Your presence is fullness of joy; In Your right hand there are pleasures forever.

03 A Financial Planning Overview Timeline xlsx




John 1:43 The next day He purposed to go into Galilee, and He found Philip. And Jesus said to him, “Follow Me.”

This is the first time Jesus says “follow Me” in the New Testament. Now James and John and Andrew and Peter had already left their nets to follow Jesus. Here they are going with Him to Galilee. You can see this in this first chapter of John’s Gospel where the first 5 chapters of John take place before you even get to the16th verse of Mark’s Gospel which is Event 47 on the timeline. Matthew, Mark, and Luke do not cover the first 6 months of Jesus’ ministry; John covers that.

So, here we have event 47.


Mark 1:16-20 As He was going along by the Sea of Galilee, He saw Simon and Andrew, the brother of Simon, casting a net in the sea; for they were fishermen. And Jesus said to them, “Follow Me, and I will make you become fishers of men.” Immediately they left their nets and followed Him. Going on a little farther, He saw James the son of Zebedee, and John his brother, who were also in the boat mending the nets. Immediately He called them; and they left their father Zebedee in the boat with the hired servants, and went away to follow Him.

Now what is interesting here? Something important stands out here. In Event 31 we see these guys are with Jesus and going to Galilee with Him and find Philip. Here at Event 47 where are they?  

They are back to their businesses. He has to call them a second time.


Luke 5:1-11 First Disciples

5 Now it happened that while the crowd was pressing around Him and listening to the word of God, He was standing by the lake of Gennesaret; 2 and He saw two boats lying at the edge of the lake; but the fishermen had gotten out of them and were washing their nets. 3 And He got into one of the boats, which was Simon’s, and asked him to put out a little way from the land. And He sat down and began teaching the people from the boat. 4 When He had finished speaking, He said to Simon, “Put out into the deep water and let down your nets for a catch.” 5 Simon answered and said, “Master, we worked hard all night and caught nothing, but I will do as You say and let down the nets.”

Have you ever argued with the Lord? Have you ever disbelieved Him so much that you wanted to resist disobeying Him? That’s what we see here. It is clear they had not surrendered, right? They had not been following Jesus, right? Jesus had to call them again, right? And now they are in this boat not really wanting to even do what He was telling them to do. It is hard to surrender to Jesus. It is hard but it is not hard; do you know what I mean?

Does Jesus put a gun to their heads?

Verse 6. When they had done this [put out into the deep water and let down the nets], they enclosed a great quantity of fish, and their nets began to break; 7 so they signaled to their partners in the other boat for them to come and help them. And they came and filled both of the boats, so that they began to sink. 8 But when Simon Peter saw that, he fell down at Jesus’ feet, saying, “Go away from me Lord, for I am a sinful man!” 9 For amazement had seized him and all his companions because of the catch of fish which they had taken; 10 and so also were James and John, sons of Zebedee, who were partners with Simon. And Jesus said to Simon, “Do not fear, from now on you will be catching men.” 11 When they had brought their boats to land, they left everything and followed Him.

And never again do we see Jesus calling THEM to come along. They stuck with Him. Jesus proved to them that He was going to take care of them. Money is not an issue.

When they had brought their boats to land, they left everything and followed Him.

That’s Event 51. Now that’s Luke 5.

Now, do you remember what we read earlier; do you remember Luke 9?


Luke 9:23 And He was saying to them all, “If anyone wishes to come after Me, he must deny himself, and take up his cross daily and follow Me.

Put Event 119 on your timeline.


Luke 9:57 As they were going along the road, someone said to Him, “I will follow You wherever You go.”

Put Event 132 on your timeline.


Luke 9:1 And He called the twelve together, and gave them power and authority over all the demons and to heal diseases.

Put Event 99 on your timeline.


Matthew 6:33 “But seek first His kingdom and His righteousness, and all these things will be added to you.

Long-Term Objectives

If you can define and quantify these long-term objectives, then you will have answered the question: How much is enough?

Remember, the reason you want to take time and write down your long term goals is so you can aim at them. And if you can aim at them, then you will be better able to gauge how things are going right now.

Integrated Planning

The longer term perspective you have, the better the possibility of making a good financial decision now.

What is the most important thing you learned from this chapter?

1.“Money that is put into savings should be much like a crop planted in the field. Later on, much more than what was planted comes up and can be used again for either consumption or production.” (p33)
2.“If I choose to give up something today in order to save for tomorrow, I have probably made a wise financial decision.” (p36)

Next Time

In the chapters ahead, Blue will be taking us through each financial planning step to develop our own unique financial plan.

New Financial World Order & How to Fight Back | Carol Roth

Carol Roth is a “recovering” investment banker, an entrepreneur, and author of the new book “You Will Own Nothing: Your War with a New Financial World Order and How to Fight Back.” She explains the necessity of asset ownership. Many elite are buying up gold, productive land, and real-estate. “Do what the elite are doing, not what they are saying.”

The Greatest Financial Loss in World History, Millions Will Be Devastated: G. Edward Griffin

Griffin's advise on what you can do is "don't be average."  We have to stop going along with the system and be responsible.  Start learning what is going on.  

Author of ‘The Creature From Jekyll Island’ G. Edward Griffin warns that rapidly expanding government debt and the coming collapse of the financial system will lead to unimaginable losses that threaten to wipe out millions, if the people don’t stand up and do something about it.

“Excessive Debt Inevitably Leads To Gigantic Financial Crisis” | John Rubino

“There is a storm coming. All this debt is going to lead to what excessive debt inevitably leads to which is a gigantic financial crisis.” We can’t stop it, but there’s a lot that we can do as individuals, families, and communities, he says, to come out of it in good shape.

The problem with reading the Bible is it gives you these ideas…

Numbers 25:4 The Lord said to Moses, “Take all the leaders of the people and execute them in broad daylight before the Lord, so that the fierce anger of the Lord may turn away from Israel.”

I wonder how Moses rounded them up. Are we not in the same place, in-between a rock and a hard place with the fierce anger of the Lord on the one side and the need to execute those that invent evil on the other?

I believe it has become very clear there is an orchestrated plan which has its focus on the Europeans exclusively (America and Europe). Patton warned us about this that the wrong side was winning. Others have surfaced what was hidden from us all our lives.

“The Jewish people as a whole will become its own Messiah. It will attain world dominion by the dissolution of other races, by the abolition of frontiers, the annihilation of monarchy and by the establishment of a world republic in which the Jews will everywhere exercise the privilege of citizenship. In this New World Order the “children of Israel” will furnish all the leaders without encountering opposition.

“The Governments of the different peoples forming the world republic will fall without difficulty into the hands of the Jews. It will then be possible for the Jewish rulers to abolish private property and everywhere to make use of the resources of the state. Thus will the promise of the Talmud be fulfilled, in which is said that when the Messianic time is come, the Jews will have all the property of the whole world in their hands.”

–Baruch Levy, Letter to Karl Marx, ‘La Revue de Paris’, p.574, June 1, 1928
As seen at Veterans Today.

US admits Israel into Visa Waiver Program, in major boost to bilateral ties
Israelis will be able to travel to US visa-free in 2 months after the country meets all requirements, including easing restrictions on Palestinian-Americans
27 September 2023, 3:00 pm

Top 4 Things To Do Prior To The Dollar Collapsing

Top 4 Things To Do Prior To The Dollar Collapsing | Survivopedia

The two big signs of a financial collapse are high unemployment and runaway inflation.

there is no surefire way of avoiding being affected by the collapse. What you can do, however, is lessen the impact that the collapse will have on you and your family.

To start with, make an honest evaluation of your job, looking to see how vulnerable it is to a financial collapse. Jobs that are involved in any way with luxury goods or services will be the first to go. The most secure jobs will be those which supply essential services, followed by those that provide goods and services which people need to survive. Since people won’t be able to afford to buy new cars and appliances, repairing these types of items will be a very secure job as well.

Another thing to consider is starting a sideline business, especially if it provides essential goods or services.

The next thing to take a look at is your debt. With prices skyrocketing due to high inflation, you’re likely to have trouble paying off your debt. This could lead to losing your car, furniture or home. The best way to solve that is to get out of debt before it’s too late.

pretty much everything is in short supply during a financial crash, especially the things you need to have in order to survive. More than anything, food becomes hard to get. Stockpiling food can actually be seen as an investment, it would be a good idea to start developing means of producing your own. It takes at least a year to get a vegetable garden producing well, so you don’t want to wait until the crisis hits to start your garden.

Personal hygiene products may be a problem finding, as well as over-the-counter medicines.

Your best investment is getting out of debt.

The only investments that are secure during a financial collapse are precious metals and real estate. While it may be hard to sell either of them during the collapse, they are highly likely to retain their value or even appreciate in value.

The more the value of the dollar goes down, the more the value of the gold and silver will go up.