Saving and Investing: Review, Reflect, Relax
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Week 7: Saving and Investing
Today’s Easy Task: Review, Reflect and Relax
How to rock this task:
- We will review the six FAITH AND FIT 90 tasks, prayers, and scriptures for the week
- We will Reflect on the changes we have made with saving and investing
- We will Relax because tomorrow we start our next series Week 8: Giving
Let's Review
This Week's Tasks:
- Day 43: Save $5,000
- Day 44: Name 8 ventures you can to invest in right now
- Day 45: Pick a date to start the no spending challenge for 90 days
- Day 46: List the risks and actions you are willing to take to multiply your talents.
- Day 47: Write the daily plan of action for the 8 ventures listed in Day 44 easy task
assignment. - Day 48: When we get hungry today, instead of feeding on food, let us miss a meal to feed on God’s Word
Let's Reflect
Flourishing Like a Tree
New to Faith and Fit 90 Challenge? Subscribe to the Faith and Fit 90 Challenge Playlist HERE.
Week 7: Saving and Investing
Today’s Easy Task: When we get hungry today, instead of feeding on food, let us miss a meal to feed on God’s Word
How to rock this task:
- We will write down the reason we are missing a meal
- We will only drink herbal teas and spring/alkalize water (tap water have harmful chemicals added to it)
- We will journal any helpful insights gained from spending that extra time with God (optional)
Today's Devotional:
We are near the end of week 7.
Congratulations! We are over the half mark for the 90 day program. I’m so glad that we are doing this together. Today we will focus on flourishing like a tree by doing today’s easy task. That is when we get hungry today, instead of feeding on food, we will miss a meal and feed on God’s Word.
It takes time to see fruit develop. It doesn’t happen...
Making Provision for Tomorrow, Preparing and Planning Ahead
New to Faith and Fit 90 Challenge? Subscribe to the Faith and Fit 90 Challenge Playlist HERE.
Week 7: Saving and Investing
Today’s Easy Task: Write the daily plan of action for the 8 ventures listed in Day 44 easy task assignment.
How to rock this task:
- Write the daily plan of action for Ideally 1 to 2 ventures to produce active income
- Write the daily plan of action for the other 6 to 7 ventures to produce passive income
Today's Devotional:
We made are over half way through week 7! Amazing!!! This week we are focusing on saving and investing. When we are saving and investing, we should make sure that God is building our financial plans. If He is not building it, our building will be in vain (Psalm 127:1). God’s plan for us is much more valuable, than our own plans. That is why we should build on God’s plan.
God wants us to build a buffer for emergencies to allow us to be in a position to act like the Good...
Taking Risks and Action to Multiply Talents
New to Faith and Fit 90 Challenge? Subscribe to the Faith and Fit 90 Challenge Playlist HERE.
Week 7: Saving and Investing
Today’s Easy Task: List the risks and actions you are willing to take to multiply your talents.
How to rock this task:
- list risks you are willing to take to multiply the talents God has given to you
- list actions you are willing to take to multiply the talents God has given to you
Today's Devotional:
We have been given talents, it’s important that we take risks to develop them. In Matthew 25:14-30 the master was very upset when the servant didn’t multiply his talent. He was called wicked and lazy.
Whatever ability God has given us. We must USE IT! NEVER HIDE IT! It’s considered wicked and lazy. As we work, we shouldn’t compare our talents to other as mentioned in the parable. For example, in Matthew 25:14-30, everyone started with different amount of talents and therefore...
Being a Lender
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Week 7: Saving and Investing
Today’s Easy Task: Pick a date to start the save before spending challenge
How to rock this task:
- Only shop for essentials
- If you do spend, you must save the entire amount first
Today's Devotional:
Being a lender to advance God’s Kingdom should be a goal for all Christian. Whatever we give should come from our overflow. That way we don’t miss it, it won’t destroy us and our relationships if we don’t get it back. So if we give from our overflow, it is easier to follow the instructions of Luke 6:38. This verse suggests that we should give to those who ask, and whoever takes away, don’t demand it back.
To be a lender, it is important that we take steps to avoid borrowing (Deuteronomy 15:6), keep track of what we owe, make sure our debt is fully paid, and don’t give more that what we can...
Diversifying Investment
New to Faith and Fit 90 Challenge? Subscribe to the Faith and Fit 90 Challenge Playlist HERE.
Week 7: Saving and Investing
Today’s Easy Task: Name 8 ventures you can to invest in right now
How to rock this task:
- Try stocks, bonds, investment funds, providing services, providing products, retirement options, commodities, insurance, real estate, etc.
Today's Devotional:
We can’t control life. Life is unpredictable, mysterious and like the wind. God holds the future and He wants for us to take risks and practice faith. He doesn’t want us to take the safe route. He want for us to trust Him (Matthew 14:28-32).
Yes, sometimes the best plans fail and when that happens we shouldn’t give up. King Solomon warns us to not put our investments only one investment, but we should have a variety of commodities that we invest in. This would prevent the scenario of losing all your income if that one investment fails. Ecclesiastes...