Essential Tools

Affordability Index  |   Capital Fund  |   GPS Money Guide  |   Financial Calculators and FAQ's

Money Management means lifestyle management; our choices decide how much we spend. Where we live, the cars we drive, clothes we wear, are choices that affect how much we spend. With the right attitude, these essential tools will help you choose wisely, and money stress will evaporate! Try them! They will provide a solid foundation to handle God's money for His glory, as you prepare plans, spending guides, replace credit card reliance, and more. You do not need special gifts, skills, or aptitudes, merely a willing heart to listen to Jesus' tender voice. The tools do not replace reliance on God; rather they help you to focus your prayers on Him. In everything, Jesus must be your guide, not us, or other humans! Let's look quickly at each tool.

The Affordability Index is an essential pre-spending tool to help decide, as the name implies, if you can afford a specific item. Use it before committing to buying goods or services.

The Capital Fund is the credit card alternative; it’s your capital budget that allows you to save to buy big ticket items.

The GPS Money Guide is your main navigational aid. It shows your best estimate of resources - time, talents and money - you will need during a specific future period to achieve specific goals. It includes your spending plan during a specific period, which, like a Global Positioning System, is your guide to prevent you from getting lost.

Financial Calculators and FAQ, will help answer specific questions such as: When will I repay my debt? How much do I need to save today to reach my savings goal? How might my finances look in a few years? As well, this section includes several frequently asked questions, and significantly, how to write your own Financial Plan. This last section contains worksheets to help you review goals, plans, and finances. It helps you calculate, your Material Worth, and Cash Flow up to five years ahead. You provide inputs to these statements; the worksheet merely adds these inputs.

If you have difficulty using these tools, you will bless us if you contact us for clarification. We do this for God's glory, not for money! As well, if you need to look at them in greater details, or if you would like more tools, tips and techniques, Michel's latest book, The New Managing God's Money-The Basics is a useful reference book with this information and more. Meantime, if you are in debt, feel free to contact us to encourage and walk with you through the challenging get-out-of-debt process. Grace and peace to you, in Jesus' Name!