Hello, and welcome to Kick Start.
I’m Alice from Christians Against Poverty,
and in this session
we’re going to talk about lifting financial pressure.
Sadly, all of us will experience financial pressures
in our lifetime.
We may find that our income is reduced
as a result of unemployment, or poor health,
or spending goes up due to rising costs
or the arrival of another mouth to feed.
Dealing with this pressure can be stressful,
challenging and sometimes lonely.
Here at CAP, we’re well equipped with a solution.
In almost 25 years,
we’ve seen thousands of people find freedom
from the pressures that money can bring
through our award-winning service.
In this session, I’m going to explain
to you exactly how to reduce the pressure
by taking control of our spending.
To take control
of our spending, we need to have a clear picture
of where our money comes from, our income,
and where it’s going, our outgoings.
A great way to do this is to make a budget
by writing it all down.
This is a great way to understand where your money is going.
For example, living costs, entertainment or pets.
It also helps you to check that you can afford it.
For each expense that we’ve identified on our budget,
we need to ask ourselves, do I need it, or do I want it?
A need is something that we must have in order to live,
like shelter and food to eat.
Not buying this would have a negative impact on us.
A want is something that we might like to have,
but we can survive without,
for example a new item of clothing or the latest film.
So, for me, I need to buy nappies for my son,
they’re an absolute necessity.
But what I don’t need is three different versions
of the same teddy for him to play with.
I might want more toys for him, but we don’t need them.
We could definitely do without.
It’s important to understand
that needs and wants are uniquely personal to us
in our current circumstance,
and so you may find that your answers are different
to what someone else would choose.
But that’s okay.
You need to identify what’s most important for you,
and doing so will help you to relieve the pressure
to spend money where it’s not needed.
If you decide an item is a want,
then you need to think carefully
about how often you spend towards it.
Or if your budget shows that you can’t afford it,
seriously consider stopping altogether.
If you decide that an item is a need,
there are still ways to reduce the financial impact.
Could you borrow it?
If you only need something for a short time,
could you borrow it from a friend or a family member?
For example, a power tool for some DIY
is an expensive purchase if you only use it once.
Could you get it cheaper elsewhere?
Have you compared the price in one shop to another?
Can you find a discount voucher?
Or, could you buy it second hand instead of brand new?
Just by stopping and thinking through these questions,
we can have much more confidence
in the decisions that we’re making about money.
You’ll now have some time
to think about your own circumstances,
and to come up with a list of needs and wants.
Sometimes, we face situations
where even after taking control of our spending,
we may still be unable to buy the things we need.
Even if we can afford it, it just may not be available.
It’s more important than ever that, in this season,
we learn to be thankful for, and focus on,
the things that we do have.
It could be a job that’s providing income,
a relationship you appreciate,
or a place that you can enjoy like the park.
Right now, I’m appreciating my walks
in the local park more than I ever used to,
and I’m very thankful
that me and my family are in good health.
This feeling of contentment is spoken about in the Bible
by a man called Paul.
He says, ‘I know what it is to be in need,
and I know what it is to have plenty.
I have learned the secret of being content
in any and every situation,
whether well fed or hungry,
whether living in plenty or in want,
I can do all this through him who gives me strength.’
It may be a really difficult time to feel content.
But, it’s my prayer that God would provide peace
to you during this time.
It’s good to stop and to think about the things
that we’re thankful for,
even more so in challenging times.
Take some time to think about what you are thankful for.
Sadly, all of us will experience financial pressures in our lifetime. Dealing with this pressure can be stressful, challenging and sometimes lonely. Here at CAP, we’re well equipped with a solution. Since CAP began in 1996, we’ve seen thousands of people find freedom from the pressures money can bring through our award-winning service.
In this session, you’ll be guided through ways to take control of your money and reduce the pressure. You’ll look at how to create a budget based on your income and outgoings, how to identify the difference between wants and needs, and how to practically apply what you’ve learned.
This session is designed to equip you to take control of their spending. You’ll discover simple, practical tools to better manage money.
By the end of the session, you should feel better equipped to create a budget based on your own income and outgoings. You’ll have started thinking about the different areas of spending, including essentials like rent and non-essentials like leisure and entertainment. You should feel more able to identify the difference between wants and needs, and apply what yuo’ve learned to their everyday spending. We hope you’ll end the session feeling a little more able to breathe, with the pressure of money starting to lift from your shoulders!
Yes! We offer additional facilitator resources, such as guidance on activities and discussions, to allow you to run this as a group session for your church or community. Fill out the form and you’ll receive an email confirmation with instructions on how to access your free resources.