Living an 80-10-10 Lifestyle

We LIVE on 80% of our income  |  We SAVE 10%  |  We GIVE 10%

We LIVE on 80% of our income.
1 Timothy 6:6-10 – But godliness with contentment is great gain. For we brought nothing into the world, and we can take nothing out of it. But if we have food and clothing, we will be content with that. People who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge men into ruin and destruction. For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.

We SAVE 10% of our income.
Proverbs 21:20 – In the house of the wise are stores of choice food and oil, but a foolish man devours all he has.

We GIVE 10% of our income.
Malachi 3:6-12 – “I the Lord do not change. So you, O descendants of Jacob, are not destroyed. Ever since the time of your forefathers you have turned away from my decrees and have not kept them. Return to me, and I will return to you,” says the Lord Almighty. “But you ask, ‘How are we to return?’ “Will a man rob God? Yet you rob me. But you ask, ‘How do we rob you?’ “In tithes and offerings. You are under a curse—the whole nation of you—because you are robbing me. Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the Lord Almighty, “and see if I will not throw open the floodgates of heaven and pour out so much blessing that you will not have room enough for it. I will prevent pests from devouring your crops, and the vines in your fields will not cast their fruit,” says the Lord Almighty. “Then all the nations will call you blessed, for yours will be a delightful land,” says the Lord Almighty.

1 Corinthians 16:1-2 – Now about the collection for God’s people: Do what I told the Galatian churches to do. On the first day of every week, each one of you should set aside a sum of money in keeping with his income, saving it up, so that when I come no collections will have to be made.

The reality is MOST people are not living this way when they first become Christians. They have often made choices putting them in a great deal of debt without much of a savings account. This requires CHOICES about changing our financial lifestyle in order to do what God wants us to do. Our Financial Freedom Ministry offers Budget Mentors, as well as Dave Ramsey’s Financial Peace University course, to help you get from where you are to where you want to be.

Each person/family can take “annual baby steps” towards the 80-10-10 Lifestyle. By increasing both saving and giving just 1% per year, you can attain this goal in a realistic way without feeling overwhelmed in the process.

LIVE%         SAVE%             GIVE%
100                 0                      0
98                   1                      1
96                   2                      2
94                   3                      3
92                   4                      4
90                   5                      5
88                   6                      6
86                   7                      7
84                   8                      8
82                   9                      9
80                  10                    10

*Most people start by saving 0% and giving 0% and then “grow into this lifestyle” by making 1% “baby steps” each year until they are at 80-10-10.