Preparing ourselves to live healthier and wealthier God’s way!

Week 6 of Faith and Fit 90 Series 1- Day 36: Limiting 1/3rd of Income to Expenses

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Week 6: Getting Out of Debt and Keeping Out of Debt

Today’s Easy Task: Create a one page budget

How to complete this task:

  • Complete today’s task reading
  • Pray today’s prayer
  • Read today’s scriptures
  • Create a one page budget

Today’s Task Reading:

This week we will focus on getting out of debt and keeping out of debt.  If our expenses are more than 1/3 of income, we are probably in over our head in expenses and/or debt.  If we have debt, it is probably impossible for us to limit our expenses to 1/3 of income.  Since many people are imprisoned by debt, we should be willing to explore other ways to live than by paycheck to paycheck to cover our expenses.  Imagine the bliss of living a debt free life and on less than we make.  The goal for us is to get out of debt and stay out of debt. 

When you are in debt, you are entering into a slave relationship with creditors (Proverbs 22:7).  To avoid the debt trap, you must say no to credit cards, and loans and luxuries items.  Consider buying your home, car, education with cash.  In the cases you do borrow, the right thing to do would be to pay it back (Psalm 37:21) and a fast as possible.  Did you know originally the mortgage was meant to be paid, biweekly in 5 years with 20% down payment?

If you are wise, you would get rid of the debt first and then save.  Also, you would keep good records, because God wants you to keep track of what you spend, owe and earn (Proverbs 27:23). 

That means creating a plan to avoid financial troubles and watching your financial interest really close.  To keep proper records keep track of all income, all expenses and record proper documentation of invoices and receipts. 

God wants us to be wise with our asset.  So write down where you want your money to go with a one page budget.  Allot 33% of income to savings and investing.  Allot 33% of income to giving.  Allot 33% of income to expenses. 

Today’s Prayer:  God, We love You.  We are so thankful for You.  You are perfect.  You are wise.  You are loving. We are Your Children and We can come to You for help.   Thank You for surrounding us with brother and sisters in Christ that love to do Your will.  Thank You for blessing us to receive their encouragement and love from our family of believers.  We are so thankful. Help us to bear good fruit and do Your will in our lives.  It is Your will that we are debt free.  Help us to do what it takes to get and stay debt free for our entire lives.  So that we can have the funds to build Your kingdom here on earth.  Help us to trust your plan that You have ordained for us.  Help us to not rely on our own understanding.  Help us to obey Your instructions immediately without delay.   Forgive us for not dedicating a percentage of our funds for the building of Your kingdom.  Forgive us for getting into the debt trap.  Help us to get out.  Help us to create and stick to our budget so we can be wise with our assets.  Thank you for always providing for us our needs.  Thank you for giving us our daily provision.  Thank you for forgiving our trespasses, debts and sins as we forgive others.  Prepare us to resist temptation and evil.  Protect us from temptation and evil.  In Jesus Name, Amen.

Today’s Scriptures:  Proverbs 22:7, Psalm 37:21, Proverbs 27:23

Proverbs 22:7 New King James Version (NKJV)
7 The rich rules over the poor,
And the borrower is servant to the lender.

Psalm 37:21 New King James Version (NKJV)
21 The wicked borrows and does not repay,
But the righteous shows mercy and gives.

Proverbs 27:23 New King James Version (NKJV)
23 Be diligent to know the state of your flocks,
And attend to your herds;

Scripture taken from the New King James Version®. Copyright © 1982 by Thomas Nelson. Used by permission. All rights reserved.

Today’s Tasks

Get your notebook or Week 5 of Faith and Fit 90 Series 1: Working Smart and Working Hard Workbook on Amazon to do the following tasks.

We will write create a one page budget and try to allocate 1/3rd of income to expenses, 1/3rd of income to savings and investing (if debt free) and 1/3rd of income to giving.  Please write your one page budget here.  My one page budget is …



Now let us share with each other the one page budget we created in my private Facebook group –  4everVernice’s Health and Wealth Accountability Group

The other ways you can share your progress are…


Twitter: @4everVernice
Instagram: @4everVernice
Facebook: 4everVernice

If you have, blog, Twitter, Instagram, Facebook, private group, please share them with me.  I would love to connect with you as well.

Live Healthier and Wealthier,

Want Week 6 Faith & Fit 90 Series in workbook format?  You Can Find It Here: Coming Soon

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