Powerful Financial Principles from God’s Word with Sharon Epps
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In this episode of Faith & Finance, host Rob West welcomes Sharon Epps, president of Kingdom Advisors, to explore powerful biblical financial principles rooted in Scripture. The conversation centers on four transformative concepts: the power of trust, the power of focus, the power of priorities, and the power of planning and decision-making. Epps emphasizes that as stewards, not owners, of God's resources, believers are called to trust in His provision, focus on one financial goal at a time, and structure their budgets with intentional priorities—starting with giving, then growing, and finally living and owing. She introduces the 10-10-80 principle as a practical starting point and highlights the importance of the 'big three' expenses—housing, transportation, and food—in maintaining financial balance. The episode also underscores the value of intentional financial planning using tools like the FaithFi app and cash envelopes, as well as a decision-making flowchart based on Scripture to guide spending. A heartfelt call-in segment addresses real-life questions about tithing on reinvested CD interest, capital gains on inherited land, and reclaiming forgotten pensions, all grounded in biblical wisdom and practical advice. The episode closes with a strong call to action for listeners to support the ministry and deepen their stewardship journey. Key takeaways include: (1) Trust God as the ultimate provider and leader of your finances; (2) Focus on one financial goal at a time to avoid overwhelm; (3) Use the 10-10-80 rule as a starting point for budgeting—10% to give, 10% to grow, 80% for living and owing; (4) Prioritize the 'big three' expenses (housing, transportation, food) to prevent financial imbalance; (5) Use a decision-making flowchart based on Scripture to evaluate every purchase; (6) Schedule regular 'money date nights' as a couple to align on financial values and goals; (7) Reclaim forgotten retirement benefits by contacting former employers; and (8) Seek professional help for complex tax issues like capital gains on inherited property. The tone is encouraging, practical, and deeply rooted in faith, reflecting a positive and empowering approach to financial stewardship.
Trust God as the ultimate provider and leader of your finances.
Focus on one financial goal at a time to avoid overwhelm.
Use the 10-10-80 rule as a starting point for budgeting—10% to give, 10% to grow, 80% for living and owing.
Prioritize the 'big three' expenses (housing, transportation, food) to prevent financial imbalance.
Use a decision-making flowchart based on Scripture to evaluate every purchase.
…and 3 more takeaways available in PodZeus
Introduction to Biblical Financial Wisdom
Rob West introduces the episode, highlighting the mission of Faith & Finance to provide biblical wisdom for financial decisions. He welcomes listeners and sets the stage for a conversation with Sharon Epps on powerful financial principles from Scripture.
The Power of Trust: God as Owner, We Are Stewards
“It's not dependent on me. It's not dependent on the government or even my employer because God is my provider.”
The Power of Focus: One Goal at a Time
“If we take it one step at a time, it's not so overwhelming, and I can begin to do that today.”
The Power of Priorities: The 10-10-80 Principle
“If we have more than half of our take-home pay in those three parts of the live pie, it's very difficult to have a spending plan that's balanced.”
The Power of Planning: Tools and Discipline
The conversation turns to intentional planning using tools like the FaithFi app and the envelope method popularized by Larry Burkett. Epps highlights the psychological benefit of using cash to stay aware of spending and avoid overspending.
“If you answer no to any of those, you might just want to stop and reconsider and think about what I might do differently.”
“It's not dependent on me. It's not dependent on the government or even my employer because God is my provider.”
“If we have more than half of our take-home pay in those three parts of the live pie, it's very difficult to have a spending plan that's balanced.”
Host
Guest
Sharon Epps
person
Rob West
person
FaithFi
organization
Kingdom Advisors
organization
FaithFi App
product
Larry Burkett
person
Pension
other
CD (Certificate of Deposit)
other
Proverbs 3:5–6
other
The Good Investor
book
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