Six Key Financial Principles

to Discovering Joy Through Simplicity and Generosity

1. Put God first in your living and giving.
...(2 Corinthians 9:6-7)
2. Prepare a spending plan and track all expenses monthly.
...(Proverbs 27:23-24)
3. Simplify your lifestyle; live below your means.
...(Matthew 6:19-33)
4. Provide immediately for an emergency fund.
...(1 Timothy 6:9-12)
5. Pay off all credit card debt and use cash, not credit cards.
...(Proverbs 22:7)
6. Practice long-range saving and investing habits.
...(Luke 14:28)

My Life and Financial Goals Worksheet

How would you define or describe your life purpose?

What are three goals that can help you to achieve this life purpose?

What are some financial goals that can help to support your life goals and purpose?

Short-term financial goals (next 12 months):
1.

2.

Mid-range financial goals (2–5 years):
1.

2.

Long-term financial goals (5 years to retirement):
1.

2.

Basic Budget Worksheet Plan

(for next 12 months)

Item Actual % - Suggested %* - New

Housing _______ 25–35% _______

Transportation _______ 10–15% _______

Charitable Gifts _______ 10–12% _______

Food _______ 5–15% _______

Saving _______ 5–10% _______

Utilities _______ 5–10% _______

Medical/Health _______ 5–10% _______

Debt _______ 5–10% _______

Clothing _______ 2–7% _______

Miscellaneous _______ 12–23% _______


*These percentages are adapted from Dave Ramsey’s The Total Money Makeover (Thomas Nelson, 2007).