Day 1: Setting Financial Goals

Introduction: Welcome to the first day of our 30-Day Financial Challenge! Today, we will focus on setting financial goals that are not just practical but also aligned with your faith in God. Setting clear, intentional goals is the first step towards wise stewardship and financial peace.

Scripture Reflection: Let’s start by reflecting on Proverbs 21:5: “The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty.” This verse reminds us that careful planning, guided by diligence and wisdom, leads to prosperity. Similarly, Luke 14:28 says, “For which of you, desiring to build a tower, does not first sit down and count the cost, whether he has enough to complete it?” This scripture highlights the importance of being intentional and thoughtful in our financial planning.

Goal-Setting Exercise: Now, take some time to identify and write down 3-5 financial goals you wish to achieve. These could be anything from paying off debt, saving for an emergency fund, contributing more to charitable causes, or planning for future investments. Categorize these goals into three groups:

• Short-term goals (to be achieved within 1 year)
• Medium-term goals (to be achieved within 1-5 years)
• Long-term goals (to be achieved in more than 5 years)

Prayer and Commitment: After setting your goals, let’s commit them to God in prayer. “Lord, thank You for the resources You have entrusted to me. As I set these financial goals, I ask for Your guidance and wisdom. Help me to stay focused, disciplined, and aligned with Your will in all my financial decisions. May these goals honor You and contribute to Your kingdom. In Jesus’ name, Amen.”

Reflection Journal: Take a few minutes to write a journal entry about the goals you’ve set today. Consider how these goals make you feel—are you excited, nervous, or hopeful? Reflect on any challenges you might face in achieving these goals, and think about how your faith can help you overcome them.

Action Step: Choose one small, actionable step you can take today towards achieving one of your goals. This could be something as simple as creating a budget, opening a savings account, or cutting out an unnecessary expense. Taking that first step, however small, will set the momentum for the days to come.

Closing Thought: Remember, this is just the beginning of your journey. By setting goals today, you’re laying a strong foundation for financial stewardship that honors God. Keep these goals close to your heart and revisit them throughout this challenge, asking God to direct your path as you move forward.

Proverbs 16:3 reminds us, “Commit to the Lord whatever you do, and he will establish your plans.” Let this be the guiding principle as you embark on this journey to financial freedom and faithfulness.