GIFT ministry
counseling resources

Personal Finance Workbook

The Ease of Debt Growth

In this example you overspend by $1,000 each year for 10 years. Not only do you have to pay back the debt, but also the interest. Instead of just paying back the $10,000, you pay 14,400.
Top

<Back Next >

Biblical Position on Giving, Savings, and Debt

Introduction

Needs and Desires

The Debt Trap

The Ease of Debt Growth

Debt Repayment

The True Cost of Debt

Plotting Financial Goals

Gifts Given Record

Debt Records

Statement of Net Worth

Monthly Income Statement

Monthly Cash Flow Recording Sheet

Percentage Guide

Income Graph

Where Do We Go From Here?

Biblical Guidelines

Financial Objectives

Glossary of Terms

Reference List & Acknowledgements

GIFT home
educational resources
giving techniques
biblical verses
GIFT bios
contact GIFT
adult education
Download a PDF version of the Personal Finance Workbook.

GIFT Home I Counseling Resources I Educational Resources I Giving Techniques
Biblical Verses on Financing I GIFT Bios I Contact GIFT I Xenos Adult Education
Xenos Christian Fellowship