Toxic Finances – Javani Wyatt
How on earth can finances become toxic? What does that look like? What are the causations?
Why do people become accustomed to mismanagement and debt sickness? How does one
"under water" become rescued?
A certain woman of the wives of the sons of the prophets cried out to Elisha, saying, “Your
servant my husband is dead, and you know that your servant feared the Lord. And the creditor is
coming to take my two sons to be his slaves.” So Elisha said to her, “What shall I do for you? Tell
me, what do you have in the house?” And she said, “Your maidservant has nothing in the house
but a jar of oil.” Then he said, “Go, borrow vessels from everywhere, from all your neighbors—
empty vessels; do not gather just a few. And when you have come in, you shall shut the door
behind you and your sons; then pour it into all those vessels, and set aside the full ones.” So she
went from him and shut the door behind her and her sons, who brought the vessels to her; and
she poured it out. Now it came to pass, when the vessels were full, that she said to her son,
“Bring me another vessel.” And he said to her, “ There is not another vessel.” So the oil ceased.
Then she came and told the man of God. And he said, “Go, sell the oil and pay your debt; and
you and your sons live on the rest.” (II Kings 4:1-7 NKJV)
How on earth can finances become toxic?
Nothing Bad is My Fault: Toxic Financial Attitudes
I can’t get a job because the economy is bad.
I keep getting charged fees by my bank, and it’s due to their policies.
I’m in debt because of a financial emergency.
I lost money on my investment.
Do I want to live for today or for the future?
What does that look like?
When you rob Peter to pay Paul?
Pay Day Advances
Financing Your Wants & Begging for Your Needs (Needs versus Wants)
Stop trying to keep up with the Jones
Caviar Dreams on a McDonalds Budget
What are the causations?
All of the topics are interrelated. Toxic relationships affect your
Toxic Friendships, which affect your Toxic Workplace, which affects your Toxic Faith,
which affects your Toxic Finances
How we were taught about money as a culture directly impacts how we use it.
Buying a house
Buying A Car
Why do people become accustomed to mismanagement and debt sickness?
Hand Out versus Help up – give a man a fish he’ll eat for a day, teach a man to fish he’ll
eat for a lifetime
Someone Will Take Care of Me: Toxic Financial Attitudes
Don’t rely on your family
Don’t rely on the government or charity
Don’t rely on God alone
What are your habits & hangs up as to why your spending is so out of control?
Living paycheck to paycheck with no ER fund, savings or investments
If you didn't want to work or couldn't work for a year would u be able to survive without any
How does one "under water" become rescued?
Clean up your Environment
Peel off the toxic Layers
Get real with yourself and do the work to become whole again - Total Prosperity comes into action
Learn to be a good steward over your finances
Learn to live within your means
Putting your self in a different mindset for financial growth
Lets get real about our finances
Change the mindset of your thinking
Being willing to make sacrifices
What’s your credit score?
Have you seen your Credit Report?
Do you know how to clean it up?
What financial legacy do you want to leave for your children? Bad habits, debt or
Cash is King! (Dave Ramsey)
Planning, Balance your checkbook, monitor your spending, keep receipts, write down all
of your expenses, Clearance, Sale, Coupons, Layaway
Talk to a financial advisors
Believe the prayers that you have prayer will come to past