Importance of Financially Planning for Families | Abundant Life Family Podcast S2E14

Roger Sprouse, a financial advisor, joins the Hildebrands to discuss financial planning for families. Roger has been working in the financial sector for 30 years, and he shares with the Hildebrands how he and his wife prepared their children financially for the world. Some of the ways Roger says he and his wife financially planned for their family were: Always making it a focus to go to a good, wise church Having open communication with your children Make giving to the Lord a priority Roger spoke about the importance of the 10-10-80 rule when financially planning for families. Ten percent of your income first goes to the Lord, the next ten percent goes toward your savings, and you live off the 80% that’s left. The hosts and Roger say that the rule helps families plan for the future, especially when it comes to living debt-free. Families should aim to live without debt because it allows them to do so many things, like give more to the church. The Hildebrands chimed in with their story of being missionaries in Africa and talked about how they couldn’t serve as missionaries until they became debt free as a family. Thanks for joining us this week! ____    Don’t forget to click the “bell” to SUBSCRIBE to get more videos like this to grow your faith!    The Family Ministry at Abundant Life is here to help you build a family that lasts. Check out livingproof.co/family for more resources.    Listen to The Well Podcast ⤵   https://www.youtube.com/playlist...    Connect with us on Social Media ⤵   Facebook: www.facebook.com/abundantlifels   Instagram: www.instagram.com/abundantlifels     More information on our sermons: livingproof.co/sermons   #AbundantLife #Podcast #FamilyMinistry #Christian #Financialplanning The Family Ministry at Abundant Life is here to help you build a family that lasts. Check out livingproof.co/family for more resources. The Abundant Life Family Podcast drops every other week to equip families with a biblical foundation and practical resources. This podcast is designed to help you cultivate an environment in your home that helps families WIN… - Walk the path of discipleship - Initiate weekly conversations by intentionally setting aside regular time to read God’s Word and worship together - Never miss a God moment by intentionally connecting spiritual truths to everyday life The Abundant Life Family Podcast is available on Apple Podcasts, Spotify, and YouTube! Thanks for joining us this week! livingproof.co/family