ECONOMIC EMPOWERMENT SEMINAR

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ECONOMIC
EMPOWERMENT
9
8
2 Corinthians 8:9 (NKJV)
For you know the grace of our Lord Jesus Christ, that though He was rich, yet for your sakes He became poor, that you through His
poverty might become rich.
2 Corinthians 9:8 (NKJV)
And God is able to make all grace abound toward you, that you, always having all sufficiency in all things, may have an abundance for
every good work.
INTRODUCTION

Introduction

Expectations

What are the four main words on the positive side of provision: riches,
wealth, prosperity, abundance. God has promised primarily prosperity
and abundance: Jeremiah 33:9; 3 John 2.

Riches and wealth – large sums of money, property and values.

What are the three main words on the negative side of provision:
poverty, want and failure.

Prosper – to have a prosperous or successful journey or accomplish
what you intend to do successfully.

Abundance- you have all you need, plus something to spare
What causes of Economic poverty,
Isaiah 61:1

What is good news to a poor person?

Causes of poverty:
1.
Personal sin e.g. Laziness –Proverbs 6:11; 24:34; Proverbs 13:2; Selfishness –
Proverbs 11:24; Proverbs 28:22; Ignoring discipline – Proverbs 13:18; Mere talk
instead of taking action – Proverbs 14:23; Haste/hurriedness and lack of patience –
Proverbs 21:5; He who oppresses the poor to increase wealth – Proverbs 22:16;
Chasing fantasy – Proverbs 28:19
2.
Lack of knowledge on wealth creation, Hosea 4:6
3.
Disasters – natural, demonic and man-made e.g. Job
4.
Injustice Prov. 13:23
5.
Curse of poverty – (a) personal – Deuteronomy 28:48 (b) on the Land - exod.20,
Levis. 18, Num. 33:35 and Isaiah 24.
Jesus Has Broken the Curse of Poverty

How has broken the curse of poverty?

At the curse He carried the curse of poverty by experiencing it. Deuteronomy
28:48

2 Corinthians 8:9 – He was hungry, thirsty and His clothes were taken away.

Romans 8:32 – Through Christ, God graciously gives us all things.

Now He is able to release His abundance to those who obey Him – 2
Corinthians 9:8
What do You Have? Genesis 21:19

Ask God to open your eyes to see What He has given to you.

Moses – Exodus 4:1-2. God asked Moses, “What is that in your hand?

Woman of Zarephath – 1 Kings 17:8-16: When Elijah to bring her water and bread she
answered, v. 12, “I don’t have so much as a muffin, just a handful of flour in a bowl and some
oil left in a bottle.

Widow of a prophet – 2 Kings 4:1 -7; v. 2, Elisha asked her, “ Tell me what you have in your
house?” She replied, Your servant has nothing in the entire house except for a flask of oil”.

Mark 6:35 - 44. To feed the 5000 people Jesus our Lord asked the disciples, v.38, “How many
loaves of bread do you have. Go and see?”

Acts 3:6, Peter had no money on this day, so he told the cripple, “ I have no silver and gold,
but what I do have I give to you”. Peter had the anointing of the Holy Spirit.

Luke 8:18, Matthew 13:12. It is not a good idea to tell God that you do not have anything.
Why , because the little you have will be taken away e.g. Matthew 25:29, Luke 19:29

Pray asking God to show you what you have?
Character traits for multiplying income
streams

Honesty – Proverbs 10:9; 11:3; 2 Kings 12:15; Isaiah 33:15,16

Hard work – Proverbs 12:11, 14:4; 27:23-27; 28:19

Perseverance – Job 1:1-3 even when things get difficult

Patience – James 5:10

Self-control – Proverbs 25:28, Galatians 5;22

Obedience to God – Deuteronomy 28:1-2, 13.

Others: commitment, contentment, counsel of others, fairness, forgiveness,
humility, paying vows, positive attitudes, stewardship, thankfulness, trust,
wisdom
Wrong ATTITUDES IN SEEKING GOD FOR
PROVISION
What do You Have? Genesis 21:19

Practical application. Fill in the blanks,
Types
Description
NATURAL
Land, trees, forest and water
HUMAN
Health, skill, knowledge, ability to move and
talents
FINANCIAL
Money, access to loans, savings, support
SOCIAL
Culture, traditions, extended, friends work
mates
PHYSICAL
Building, tools, rocks, water
SPIRITUAL
Faith in God, local church, Bible, prayer,
spiritual gift
Example in your community
Money, assets and liabilities: The
difference

What is money? A generally accepted means of exchange and measure of
value.

Asset? Something or someone of any value, any portion of one’s property or
effects so considered. In the Bible assets are called wealth.

Anything you have that adds money to your pocket.

Liability? An obligation, debt or responsibility owed to someone.

Someone or something that takes away money from you.

To get assets you need? Money

To pay liabilitities you need? Money
Biblical examples of wealth/assets

Abraham – livestock, silver, gold, sheep, cattle and servants – Genesis 13:2;
24:35

Isaac – Genesis 26:13

Jacob – Genesis 31:16

Israel – Deuteronomy 8, Joshua22:8 – livestock, silver, gold, bronze, iron,
clothing.

David – 1 Chronicles 29

Scriptures on wealth creation: Genesis 49:22-26; Deuteronomy 8:18; 33:1317, 18-19; Isaiah 60:4-7; Haggai 2:6-9
Income and Expense: The difference

Income: Money received

Expense: Money spend on something/someone

Types of Income:
1.
Earned Income from salary/wages;
2.
portfolio income from shares/bonds;
3.
passive income from business and rent

Use money to get assets to create other income streams

Learn to reduce expenses everywhere? Electricity, water, transport, school
fees, food, paying off debts etc
How does God provide for His people?

Giving and receiving – Luke 6:33; Malachi 3:8-10

Faith – Mark 11:23,24

Blessing the work of our hands – Deuteronomy 28: 1 -14

Supernatural – Children of Israel in the wilderness

Prayer – James 4:2; Philippians 4:6

Spiritual warfare – James 4:7; Haggai 2:8; Psalms 50:10

Practicing honesty – Isaiah 33:15-16.
Money cycle

Earn – Luke 10:7; Jeremiah 22:13; 1 Corinthians 9:14; 1 Timothy 5:18

Budget/Planning/Preparation – Proverbs 16:9; Proverbs 21:5; Luke 14:28 - 30; 1
Chronicles22:5; Genesis 47:24 – Split your harvest into three – tax for government,
seed to plant in the field (savings, investment), food for yourself and household
(expenses)

Spend/Buying – Genesis 33:19; Deuteronomy 2:6

Selling – Deuteronomy 2:28

Give – Luke 11:25- To others; Psalms 41:1; Proverbs 28:27; Galatians 2:10 – To the
poor; Romans 15:26-27 – to Jewish people; Galatians 6:6

Save – 2 Corinthians 12:14; Proverbs 21:20; 30:25

Invest – Ecclesiastes 11:1-2 Proverbs 31:16; Ecclesiastes 4:9; Luke19:13 -26

Retirement: Numbers 8:24-25; Psalm 71:18; Proverbs 6:6-8

Deal with risk – Insurance: Proverbs 22:3; 27:12
Increase assets to get more income

An asset is anything that increases in value and brings in more money e.g.
1.
Giving – you receive
2.
Save – receive interest
3.
Build a business that can run without you - you profits
4.
Invest in paper assets – shares, bonds – you receive dividends and interest
5.
Buy commodities – gold, silver, farm produce – to preserve value.
6.
Real estate – land, houses, commercial property
4 Areas of Business Engagement
The kinds of businesses include:Extraction:
Mining, Farming, Fishery, Forestry, Hunting
Manufacturing:
Drinks etc
Musical instruments, Tents, Metal work, Soap, paints, Wood, Oils,
Services
- This is the most common kind of business today and the easiest to start:
Teaching, Caring for sick, Hairdressing, Barbering, Shoeshine, Financial services,
service cars, equipment etc
Experiences:
This involves taking people through places and activities of adventure
and technology eg. Horse riding, Internet games, Theater movies
Business opportunities (Markets)

Everything about a human being from top of the head down to the feet is an
opportunity for business.

People should aim to multiply your income streams. This is a critical point of
this training.

Make sure you know your business well before starting.

All business comes from an idea.

From the God e.g. Noah, Jacob
Three kinds of education and people
in the working world
Academic education e.g reading, writing, numeracy to get basic skills.
 Professional education—to get a job.
 Financial education---financial freedom.
Kinds of people in the workplace:
1. Unemployed
2. Underemployed
3. Employed – Job security
4. Self – employed – self independence
5. Business owner – create wealth
6. Investor – financial freedom

REVIEW OF CASH FLOW

Making money will not solve your problem if cash flow management is your
problem.
REVIEW OF CASH FLOW

Control spending by making a budget and stick to it.

Always pay your bill in time

Always pay cash for items

Always repair, do not postpone repairs

Learn to sacrifice

Always negotiate for price reductions (discounts).

Know your income, your expenditure and your balance.

Pay yourself second

Give.

Save.
The purpose of wealth and abundance

2 Corinthians 9:8 (NKJV)
8 And God is able to make all grace abound toward you, that you, always
having all sufficiency in all things, may have an abundance for every good
work.

To be a blessing to God and others.

It starts by offering yourself to God first: 2 Corinthians 8:5, Romans 12:1
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