Financial Planning & Management Course Part I

We started our part I Financial Planning & Management Course on 6 May(Sunday). 9 young working adults were participating in this course. In part I, our trainer Mr. Steven Ooi challenged us to have a paradigm shift from society (worldly) view of Financial Planning to a scripture based perspective. Below are the four sessions covered in this meeting:

Session 1: Biblical Financial Stewardship - God's Part

• Our God as the Ultimate Owner, Controller and the Provider

Session 2 : Biblical Financial Stewardship - Our Part

• Our role as a Steward
• What is required to become a Steward ? 6 types of "Faithfulness"

Session 3 : Debt

• What scripture says about debt ?
• Debt Traps
• Calculation of interest rate and the implication of debt
• 9 ways to get out of debt

Session 4 : Absolute Honesty

• God demands absolute honesty
• What to do when we have been dishonest ?
• Issue regarding Bribes

We had a provocative yet interesting meeting that evening. We are blessed and benefited in this course.
We all look forward for the coming Sunday for the remaining session 5 to session 7. These sessions will deal more on the technical and application aspects of financial planning..... to be continued !