Spiritual Compatibility

Prosperity And Financial Prosperity And Financial PrinciplesPrinciples

Presented byPresented byMV KOTUMV KOTU

DISCLAIMERDISCLAIMER

I am not a I am not a FINANCIALFINANCIAL Advisor Advisor I am not an I am not an INVESTMENTINVESTMENT Expert Expert My My OPINIONSOPINIONS shared in this seminar shared in this seminar

should be viewed as mere opinions should be viewed as mere opinions Feel free to Feel free to DISAGREEDISAGREE with me with me

Results Of Survey Done at TFTResults Of Survey Done at TFTReflecting Challenges in MarriagesReflecting Challenges in Marriages

Communication – 38.27% Communication – 38.27% Finances – 29%Finances – 29%

Spirituality – 28%Spirituality – 28%Children – 18.5%Children – 18.5%

Neutrality – 16.04%Neutrality – 16.04%Sexual – 9.87%Sexual – 9.87%

Instead of – Financial ProblemsInstead of – Financial Problemscan we use – Lack of Proper can we use – Lack of Proper Communication in FinancesCommunication in Finances

THE BIG QUESTIONTHE BIG QUESTION

is it Possible that some couples is it Possible that some couples use their Finances as a means of use their Finances as a means of

communication in their communication in their MarriagesMarriages

Different Views On Financial IssuesDifferent Views On Financial IssuesQUESTIONQUESTION 11

Money is to be spent Money is to be spent onlyonly when when necessarynecessary - -144144

Money is to be Money is to be enjoyedenjoyed - -138138

Different Views On Financial IssuesDifferent Views On Financial IssuesQUESTION 2QUESTION 2

Success is to be pursued by all Success is to be pursued by all legitimatelegitimate means - means - 124124

Success should not be pursued at Success should not be pursued at the expense of family ties -the expense of family ties -123123


Giving our Tithe as a family Giving our Tithe as a family mustmust be be done without fail - done without fail - 161161

Giving our Tithe must only be done Giving our Tithe must only be done afterafter we have paid our expenses - we have paid our expenses - 3030


Food is an Food is an expressionexpression of giving of giving and love - and love - 161161

Food is for sustenance. Eat with Food is for sustenance. Eat with moderationmoderation - - 9999

GETTING TO THE POINTGETTING TO THE POINT These responses maybe symptoms These responses maybe symptoms

of real underlying issues or of real underlying issues or experiencesexperiences

QUESTION TO ASK YOURSELFQUESTION TO ASK YOURSELF

SO WHAT MAKES YOU TO VIEW THESE SO WHAT MAKES YOU TO VIEW THESE ISSUES IN THIS LIGHT ?ISSUES IN THIS LIGHT ?

SOME INFLUENCESSOME INFLUENCES

UPBRINGING / BACKGROUNDUPBRINGING / BACKGROUND

EDUCATIONEDUCATION

PERSONAL EXPERIENCESPERSONAL EXPERIENCES

FOCUSFOCUS

MY HONEST PERSONAL MY HONEST PERSONAL VIEWSVIEWS

ON THE ABOVE ON THE ABOVE

ON BACKROUND OR UP BRINGINGON BACKROUND OR UP BRINGING

You cannot expect your spouse to You cannot expect your spouse to take part in take part in RESOLVINGRESOLVING your bad your bad past beyond reasonable BARRIERS. past beyond reasonable BARRIERS. They may NOT be trained for that. They may NOT be trained for that.

So as you get them involved please So as you get them involved please remember that they have come remember that they have come

into this marriage for other thingsinto this marriage for other things

ON EDUCATIONON EDUCATION

It may be helpful to acknowledge It may be helpful to acknowledge that the Education you have that the Education you have

acquired does not acquired does not AUTOMATICALLYAUTOMATICALLY qualify you for qualify you for

the same position in your family. So the same position in your family. So please don’t overdo it!please don’t overdo it!

ON PERSONAL EXPERIENCESON PERSONAL EXPERIENCES

Your personal experiences MAY Your personal experiences MAY have been results of YOUR have been results of YOUR

personal personal AMBITIONSAMBITIONS And / or Personal And / or Personal MISTAKESMISTAKES

We need to find out what works We need to find out what works best in our Familybest in our Family

ON FOCUSON FOCUS

There are There are TWOTWO types of Focus in types of Focus in every Relationshipevery Relationship

PERSONALPERSONAL Focus and Focus and MUTUALMUTUAL FocusFocus

Therefore its impossible to Therefore its impossible to MANAGE MANAGE TWOTWO lives using personal lives using personal

focusfocus

HOW WE SEE MONEYHOW WE SEE MONEY

LIFESTYLELIFESTYLE – Getting what we – Getting what we WANTWANT DEBT-DEBT- Getting what we CAN’T afford Getting what we CAN’T afford SAVINGSAVING – Putting aside for the next week – Putting aside for the next week GIVING – GIVING – Parting with what we don’t Parting with what we don’t

really needreally need

THIS ATTITUDE SAYSTHIS ATTITUDE SAYS

SATISFY YOURSELFSATISFY YOURSELFYOU WORKED HARD FOR ITYOU WORKED HARD FOR ITAFTER ALL THERE ARE NO AFTER ALL THERE ARE NO

GUARANTEES IN LIFEGUARANTEES IN LIFE

HOW GOD SEES MONEYHOW GOD SEES MONEY

GIVINGGIVING – Acknowledging our source – Acknowledging our source SAVINGSAVING – Being responsible – Being responsible LIFESTYLE – LIFESTYLE – A result of the above twoA result of the above two DEBTDEBT – Enslaving and to Approached with – Enslaving and to Approached with

wisdom wisdom

PRINCIPLES OF PROSPERITYPRINCIPLES OF PROSPERITY

FACTFACT::

WE LIVE IN AN ERA WHERE AN WE LIVE IN AN ERA WHERE AN AVERAGE WORKING PERSON, WORLD AVERAGE WORKING PERSON, WORLD WIDE IS ONLY WIDE IS ONLY 4 WEEKS4 WEEKS AWAY FROM AWAY FROM

BANKRUPTCYBANKRUPTCY

PRINCIPLE -1PRINCIPLE -1

IT ALL BELONGS TO GODIT ALL BELONGS TO GOD

OR GOD OWNS IT ALLOR GOD OWNS IT ALL

Matthew 6:32-33Matthew 6:32-33

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This knowledge shall This knowledge shall influence our approach to influence our approach to

ProsperityProsperity

PRINCIPLE - 2PRINCIPLE - 2

GIVING IS A GIVING IS A MUSTMUST IN THE IN THE WORLD OF PROSPERITYWORLD OF PROSPERITY

Deuteronomy 8:18Deuteronomy 8:18

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God’s Best idea for my family God’s Best idea for my family isis TotalTotal ProsperityProsperity


SAVESAVE FOR THE FOR THE FUTUREFUTURE AND AND RAINY DAYSRAINY DAYS

Proverbs 21:20Proverbs 21:20 ----------------------------------------------

The best time to save is start The best time to save is start EARLYEARLY and be consistent and be consistent

CAUTION!CAUTION!

WHENWHEN we save let us also be we save let us also be BALANCEDBALANCED and try to not concentrate and try to not concentrate solely on savingsolely on saving

WEWE must BALANCE our saving with our must BALANCE our saving with our GIVINGGIVING and also remember to live as and also remember to live as

COMFORTABLE as we can AFFORDCOMFORTABLE as we can AFFORD

GODLY WAY OF HANDLING YOUR GODLY WAY OF HANDLING YOUR FINANCESFINANCES

The The FIRSTFIRST cheque goes to GOD’S work cheque goes to GOD’S work The The SECONDSECOND cheque goes into SAVING cheque goes into SAVING Then we can Then we can MANAGEMANAGE the rest the rest

WHERE TO SAVEWHERE TO SAVEMY OWN OPINIONMY OWN OPINION

PROPERTYPROPERTY – especially – especially IMMOVABLEIMMOVABLE Cash inCash in BANK BANK – at least 3 months of your – at least 3 months of your

salarysalary Retirement Annuity – Retirement Annuity – a MUST for the a MUST for the

self employedself employed Life Insurance – Life Insurance – in case you live long or in case you live long or

DIEDIE before you get there before you get there Burial CoverBurial Cover – Funerals are costly – Funerals are costly

MY OWN OPINIONMY OWN OPINION

None of the None of the CARSCARS parked outside parked outside are investments. are investments.

THEREFORETHEREFORE we don’t invest in cars we don’t invest in cars Clothes are Clothes are DEFINITELYDEFINITELY not an not an

investmentsinvestments QUALITYQUALITY food is cheaper than food is cheaper than

GOODGOOD food food

CAR vs HOUSECAR vs HOUSEEXAMPLE 1EXAMPLE 1

A A R500,000R500,000 car is worth at least car is worth at least R300,000 after R300,000 after 33 years – years – LossLoss R200k R200k

A A R500,000R500,000 HOUSEHOUSE is worth at least is worth at least R600,000 after R600,000 after 33 years – Increase R100k years – Increase R100k

So your So your HOUSEHOUSE must at least be 2X the must at least be 2X the value of your car.value of your car.

CAR vs HOUSECAR vs HOUSEEXAMPLE 2EXAMPLE 2

YEAR 1 - HOUSE: YEAR 1 - HOUSE: R1 MILLION R1 MILLION CAR: CAR: R500,000 R500,000 TOTALTOTAL R1,500.000 R1,500.000

YEAR 3 - SAME HOUSE: YEAR 3 - SAME HOUSE: R1,250,000R1,250,000 SAME CAR: SAME CAR: R300,000R300,000 TOTALTOTAL: R1,550,000: R1,550,000

THIS DOES NOT TAKE INTO ACCOUNT THE THIS DOES NOT TAKE INTO ACCOUNT THE INSTALMENTS PAID ON BOTH. BUT WHAT YOU INSTALMENTS PAID ON BOTH. BUT WHAT YOU

LOSE ON CAR YOU RECOVER ON PROPERTYLOSE ON CAR YOU RECOVER ON PROPERTY


AVOID ALL AVOID ALL AVOIDABLEAVOIDABLE DEBTSDEBTS

FACTFACT: WE SPEND A THIRD : WE SPEND A THIRD MORE WHEN USING MORE WHEN USING CREDITCREDIT

CARDS THAN CASH CARDS THAN CASH ------------------------------------------------------------------

Proverbs 22:7Proverbs 22:7ALL DEBT IS ENSLAVING, NO ALL DEBT IS ENSLAVING, NO

MATTER WHO YOU OWEMATTER WHO YOU OWE

FACTS ON DEBTFACTS ON DEBT

DEBTDEBT can have a negative IMPACT on our can have a negative IMPACT on our relationshiprelationship

Debt Debt INCREASESINCREASES levels of stress levels of stress Debt causes Physical and Emotional Debt causes Physical and Emotional

FATIGUEFATIGUE DebtDebt affects our affects our COMMUNICATIONCOMMUNICATION Debt Debt affects affects SEXUALSEXUAL Performance Performance

SMART OR NOT?SMART OR NOT?

I call this The Jacob StrategyI call this The Jacob Strategy

Genesis 30Genesis 30

Be as wise As SerpentsBe as wise As Serpents

How you can use Banks to back How you can use Banks to back you up using the same incomeyou up using the same income

EG: Nett salary R20,000EG: Nett salary R20,000

Deposit R20,000Into Bank AOn the 25th

Move R15,000To bank B

On the 27th

Move R10,000To Bank C On the 29th

Total cash flowR45,000

DISADVANTAGES DISADVANTAGES

You You loselose Some of the money during Some of the money during TransfersTransfers

It requires It requires DisciplineDiscipline which others which others don’t havedon’t have

It requires It requires consistency consistency Do it longer Do it longer than 6 Monthsthan 6 Months

Advantage Of This MethodAdvantage Of This Method

You have You have 33 banks that know you banks that know you You have You have cashcash flow with all 3 banks flow with all 3 banks It gives you More It gives you More BorrowingBorrowing Power Power

You can have 3 Credit You can have 3 Credit cardscards You can have 3 You can have 3 OverdraftsOverdrafts

You can have 3 loans for You can have 3 loans for projectsprojects

WORTH CONSIDERINGWORTH CONSIDERING

GEORGE FOOSHEEGEORGE FOOSHEE

““People People BUYBUY things they don’t need things they don’t need with money they don’t with money they don’t HAVEHAVE just to just to

IMPRESSIMPRESS

People they don’t even like”People they don’t even like”

CONTENTMENT THE CHIEF CURE FOR DEBTCONTENTMENT THE CHIEF CURE FOR DEBT1 Timothy 6:6-71 Timothy 6:6-7

REALIZEREALIZE that just as God uses money to that just as God uses money to enhance our lives satan also uses money enhance our lives satan also uses money to bind our lives to bind our lives

Therefore Therefore ALWAYSALWAYS try to want what you try to want what you already havealready have

PRINCIPLE – 5PRINCIPLE – 5Proverbs 17:18Proverbs 17:18

NEVERNEVER sign a co- debtor or sign a co- debtor or SURETYSURETY Surety is just as good as the debtor Surety is just as good as the debtor If you If you becomebecome surety the creditor has surety the creditor has a legal right to collect the debt from youa legal right to collect the debt from you In In case case your co debtor can’t pay it’s your co debtor can’t pay it’s your debtyour debt If you are married in If you are married in COPCOP it becomes it becomes your spouse’s debt tooyour spouse’s debt too

QUESTION!QUESTION!

ARE WE NOT SUPPOSED TO ARE WE NOT SUPPOSED TO HELPHELP OTHERS ?OTHERS ?

ANSWERANSWER ASK THOSE WHO DID IT AND BURNT ASK THOSE WHO DID IT AND BURNT

THEIR FINGERS! THEIR FINGERS!

ABOUT OUR PARENTSABOUT OUR PARENTS

Repay your Parents and Grand Repay your Parents and Grand ParentsParents

1 Timothy 5:41 Timothy 5:4

PRINCIPLE – 6PRINCIPLE – 6Proverbs 24:3Proverbs 24:3

Develop a Budget Develop a Budget TOGETHERTOGETHER and and COMMITCOMMIT to it to it

A budget is a A budget is a PLANPLAN of of HOWHOW you are going you are going to pay off your debts and to pay off your debts and WHENWHEN you are you are

going to be free from themgoing to be free from them

SPEAK TO A FINANCIAL ADVISORSPEAK TO A FINANCIAL ADVISOR

This may take you out of debt This may take you out of debt soonersooner than you imaginedthan you imagined

You may You may discoverdiscover that you actually have that you actually have resources to pay your debtsresources to pay your debts

Ask about Ask about CONSOLIDATIONCONSOLIDATION

CONSIDER THESE WORDS CONSIDER THESE WORDS FROM GOD FROM GOD

Joel 3:3Joel 3:3 Two cannot walk together Two cannot walk together unless they agreeunless they agree

Deuteronomy 8:18Deuteronomy 8:18 I give you the I give you the power to create wealthpower to create wealth

3 John 23 John 2 That you may Prosper That you may Prosper

Next Meeting Next Meeting 21 November 201021 November 2010

MV KOTUMV KOTU

http://montoedikotu.blogspot.com

Spiritual Compatibility

Spiritual

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