My Purposeful Planning: Financial Goals

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We are in a series called My Purposeful Planning where we explore different areas for setting goals and planning to be purposeful and intentional in our lives.

We’ve already explored Spiritual Goals and Personal Goals, Family Goals, and Marriage Goals, so you can read those in case you missed them. Today we are discussing Financial Goals.

Before I get into the list of ideas for Financial Goals, I’d like to share with you some Financial Absolute Notes I took from a fellow blogger and business-owner, Lisa Rippy.

Wealth is having something compared to nothing. In this case, we are all wealthy. This is something that society has definitely tried to change.

What is it that you need? Write it down, and ask God for it. God possesses every single copper penny to meet your needs.

Key Points: Work, Save, & Plan.

We can absolutely trust the Lord in all matters concerning money.

It is a privilege to care for what God has gifted us.
Will we absolutely empty our heart to Jesus in the concerns of money and possessions?
What will our trust look like?

We can absolutely care and take responsibility of the money God gives.

God gives the power, ability, opportunity, and talent to make money (Proverbs 12:11).

You work, you have. You don’t work, you have consequences. (There are so many scriptures on this.)
We are co-workers in God’s field (1 Corinthians 3:9).
Give yourselves fully to the work (1 Corinthians 15:58).
God works in you to fulfill His purpose (Philippians 2:13).
Work unto the Lord, and you will have all your needs met.

The tendency is overspending… impulsive spending & materialistic spending. The signs of materialistic spending are Anxiety, Covetousness, Selfishness, Preoccupation with Money, Greediness, Flattery, and Idolatry. Materialism is not what you have, it’s how you think. Materialistic actions are a result of materialistic attitudes.

Do I really need it?
Is God testing my trust?
Have I misused what He’s already given me?
Have I violated a biblical principle?
(Stinginess, Hastiness, Stubbornness, Laziness, Indulgence, or Craftiness)

We do the planning. We are wise when we do. We have to have priorities. Planning requires discipline. God requires and rewards discipline.

Write down the priorities that require money... not just the needs, but the things that are priority to you that require money. Ask the Spirit to surface these priorities in your heart.

God has a plan, and we want to get in on His plan. God has a plan for growing wealth, making money, and when we follow through with His plan, we are living as a kingdom resident.


I will be sharing my own Financial Goals at the end of this post, but I’d like you to think about and make your own. Here are some ideas for you…

Financial Goal Ideas: 

  • Begin to tithe 10% of your income if this isn’t already something you do.
  • Pray about increasing the percentage of your current tithe.
  • Make a budget, and stick to it.
  • Avoid using credit cards.
  • Stop impulsive spending. (Pray first, and ask God his decision concerning your spending.)
  • Save up $1,000 for an Emergency Fund.
  • Pay off as much of your debts as possible, starting with the smallest one.
  • Save 3-18 months Living Expenses.
  • Live on half your income. If you’re a two-income family, see if you can downsize and only live off of one of them. If you’re a one income-family, see if there’s a way for you to live off half of that.
  • If there’s something big you’d like to purchase, first pray about it. Then, save up to pay cash for it. (I have countless stories of things God has provided for us that we’ve needed just by answering our simple prayer requests. He can do the same for you.) Save up cash to buy it instead of financing them. Instead of making monthly payments after you sign the dotted line and make the purchase, imagine that you are making payments as you save to buy it instead. Thinking this way and doing this, will keep you from getting into more debt. (We’ve actually done this with both of the vehicles we own, and we’ve never had a car note in the almost 8 years we’ve been married. Our cars are nothing fancy or anything to brag about, but the fact that we’ve never had to make payments on them is.)

My Current Financial Goals:
Our family is mostly debt-free, except for our current mortgage and our student loans. We’ve made the decision to sell our home in order to get ahead in our finances and begin to reach some of our financial goals. We have family that is graciously allowing us to live in their house as we save up money for a while. We would love to be able to pay off our student loans and begin to save cash for our next home. We also really need to build up our savings for things that could come up such as needing a new vehicle at some point or paying for something else that we might need. It’s just smart and wise to have a savings of several month’s of living expenses, in case something ever comes up. Studies have shown that most Americans are only one emergency away from financial ruin, and we just don’t want that to be us. We want to be “more than just making it” and be able to use our money as more of a resource to help us do other things in life that we want to do.

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