What could you do if you had absolutely no debt? That means no car payments, credit card debt, and maybe not even a house payment. What would it feel like to keep your money and really use it any way you wanted with peace of mind?
What would it be like to not have to worry about retirement – how to live after you quit your full-time career?
What could your children and their children accomplish if you learn how to get out of debt and money mismanagement and teach them to live free of financial poverty, stress and insecurity?
Dave Ramsey, President of Financial Peace University, Author and TV/Radio talk show host has shared some statistics:
• Only 32% of Americans would be able to cover a $5,000 emergency with cash without going into debt for it.
• A parenting Magazine poll indicates that 49% could not cover even one month’s expenses if they were to miss a paycheck.
• Bankruptcies in 2005 totaled 2,078,415. Of those, 79% were total Chapter 7 bankruptcies.
• In 2007, total consumer debt was 2.5 trillion. Consumer overall indebtedness (including mortgages) increased from $1.4 trillion to $11.5 trillion from 1980 to 2005.
• 60% of working Americans experience moderate to high levels of financial stress. One-fifth of those believe their financial stress has gotten worse in the last 18-24 months.
• 53% of Americans have less than $25,000 in retirement savings. 43% of those people are over 55! 30% believe that they only need $250,000 or less in total retirement savings.
• When asked how they make their retirement planning decisions, 44% of working Americans say they “guess”.
• Savings rate for 2006 was -.6%, the lowest since the Great Depression.
At Sound Life Church we believe in Empowering for a life of significance. To help people truly achieve the full potential of that life and not be side-tracked by the stress of their financial situation, we are offering Dave Ramsey’s 13 week course called Financial Peace University. We have offered two separate classes to this point and even though they are not finished, we are seeing truly great results with powerful life changing stories.
Dave Ramsey says, “Personal finance is 80% behavior and only 20% head knowledge.” The goal then is not just information but taking 13 weeks to find out how to find transformation!
The course includes lessons on:
• The Importance of Saving
• Financial Decision Making
• Cash Flow Planning (The Nuts & Bolts of Budgeting)
• Dumping Debt
• Understanding Credit and Collections
• Buying Decisions
• The Role of Insurance
• Buying Bargains
• Investments
• Planning for Retirement & College
• Careers & Extra Jobs
• Real Estate and Mortgages
• The Power of Generous Giving
It is my strongest recommendation that you sign up and invest in this opportunity to find financial peace & freedom. I believe in the principles established here and know you will benefit, no mater your financial situation or age of life.
Our next course opportunity will be April 14th. Watch for sign-up/enrollment opportunities.