6. Family Finances Flashcards

1
Q

Over what was the first church problem in the New Testament?

A

money

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2
Q

To what must your living standard relate

A

Only to you and to what you earn

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3
Q

List the five things to help you know what you spend

A
  1. You are the steward of your money
  2. God does not control your budget
  3. Know the difference between desire and need
  4. Learn ways to cut expenses
  5. Reserver necessary amounts to meet major outlays
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4
Q

List five of the seven principles of good business

A
  1. Write good cheques
  2. Communicate to creditors
  3. God does not want you in financial bondage
  4. Shop wisely
  5. Think economics
  6. Buy your own home
  7. Set up ministerial chequing account for your church
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5
Q

One-half of the parables in the New Testament deals with stewardship

A

True

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6
Q

A person should live within their income

A

True

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7
Q

Don’t pay your tithe if you don’t have enough to pay the bills

A

False

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8
Q

Save money by eating out at restaurants

A

False

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9
Q

Know the cost of your financial obligations

A

True

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10
Q

Use a budget and balance accounts monthly

A

True

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