the money trap
DESCRIPTION
This lesson examines the pressure put on a relationship because of bad money management and provides suggestions on how couples can better address financial issues using a Christian perspective.TRANSCRIPT
#6 – The Money Trap
In Love for Life Building or Rebuilding a Great Marriage
Mike Mazzalongo
Reasons for money disputes
• Different ideas and training
Reasons for money disputes
• Different ideas and training • No discussion before marriage
Reasons for money disputes
• Different ideas and training • No discussion before marriage • Different economic backgrounds
Earning Power"
Lifestyle"=" Conflict"
If our earning power cannot support our lifestyle, we’re in danger of being
caught in the Money Trap.
How the Trap Works
1. External forces • Early experiences • Easy credit • Abundance of merchandise
How the Trap Works
1. External forces 2. Internal forces • Greed"• Jealousy"• Pride"
"
• Laziness"• Lack of self-control"• Selfishness"
"
New "You too!"The Best"Easy"NOW!!!"#1"
How the “Trap” is Sprung
1. Images of the ideal lifestyle
How the “Trap” is Sprung
1. Images of the ideal lifestyle 2. Accessibility
How the “Trap” is Sprung
1. Images of the ideal lifestyle 2. Accessibility 3. Easy credit
“Get it with credit”!
Our lifestyle should be based on our earning power.
Symptoms of Financial Pressure
• Fatigue
Symptoms of Financial Pressure
• Fatigue • Obsession
Symptoms of Financial Pressure
• Fatigue • Obsession • Arguments
Symptoms of Financial Pressure
• Fatigue • Obsession • Arguments • Sexual disinterest
Symptoms of Financial Pressure
• Fatigue • Obsession • Arguments • Sexual disinterest • Financial ruin
Symptoms of Financial Pressure
• Fatigue • Obsession • Arguments • Sexual disinterest • Financial ruin • Spiritual discouragement
Bad Solutions
1."
Bad Solutions
2."
Bad Solutions
3."
Bad Solutions
4."
Bad Solutions
5."
Good Solutions
1. Establish your style of living based on your current earning power.
“Just as the rich rule the poor, so the borrower is servant to the lender.” !!- Proverbs 22:7 !"
Putting it into Practice Requires:
• Honesty
Putting it into Practice Requires:
• Honesty
• Self-control
Putting it into Practice Requires:
• Honesty • Self-control
• Alertness
Putting it into Practice Requires:
• Honesty • Self-control • Alertness
• Contentment
Good Solutions 1. Establish your style of living based on
your current earning power
2. Making financial priorities “9 Honor the LORD from your wealth And from the first of all your produce;10 So your barns will be filled with plentyAnd your vats will overflow with new wine.” "- Proverbs 3:9-10!
Good Solutions 1. Establish your style of living based on your
current earning power
2. Making financial priorities 1. Give first portion to God
Good Solutions 1. Establish your style of living based on your
current earning power
2. Making financial priorities 1. Give first portion to God 2. Establish a reasonable budget
Summary
Spending + Earning = Debt = Pressure
Negative/Positive Strategy
• Negative – barnyard approach • Priority/self-control/budget
Don’t get caught in the Money Trap.