BF110-02 | Our Daily Bread University

What is this lesson’s memory verse?

What are three sources we can turn to for advice?

How many verses in the Bible deal with money and possessions?

According to this lesson, what are two things that keep us from counsel?

What is one thing the Bible teaches about debt?

How does the Bible describe debt?

According to this lesson, what are some practices to help us get out of debt?

What’s one idea shared in this lesson to help purchase your next car?

Consider a loan with low interest and monthly payments that are affordable.
Begin asking around to friends and family to see if they have a car that they would be willing to sell to you in your price range.
You don’t know how long your current car will last, so invest in taking care of it, and let tomorrow worry about itself.
After you pay off your loan, put the same amount of money you paid monthly for your loan into savings for your next car.

According to this lesson, what is a good definition of savings versus debt?

Debt is an amount you owe and savings is an amount you don’t owe.
Debt is the presumption upon tomorrow and savings is the provision for tomorrow.
Debt is something that belongs to someone else and savings belongs to you.
Debt is something you cannot lose and savings is something you cannot keep.

What is the best way to save?

Keep a piggy bank and add your change.
Make more and don’t spend as much.
Start automatic deductions from your income into savings.
Try to avoid spending anything for a month and put all you saved into an account.

Give, Save, and Spend – Financial Discipleship Study