I just lately accomplished three of the highest Christian monetary education schemes for church buildings: SeedTime’s True Monetary Freedom, Dave Ramsey’s Monetary Peace College, and Crown Monetary’s MoneyLife.
These widespread applications all declare that can assist you get management of your funds from a biblical perspective. Nonetheless, they go about it in several methods with various instructing types and philosophies.
On this publish, I’ll present an in-depth take a look at every program – breaking down the distinctive options, strengths, weaknesses, and what’s really included if you purchase in.
My purpose is to provide the actual deal on these programs so you may decide which one (if any) is the perfect match for remodeling your monetary life in a manner that aligns along with your religion. Whether or not you’re deep in debt, constructing wealth, or just making an attempt to honor God along with your cash, this comparability will assist information your journey.
Let’s dive into the nitty-gritty particulars of every program:
Pricing
On the subject of pricing, Monetary Peace College from Dave Ramsey sits within the center. For a person membership, it’s $69.99. In addition they provide bulk pricing for church buildings beginning at round $800 for 10 memberships.
On the upper finish, Seedtime’s True Monetary Freedom prices $149 for a person/couple license with common offers making it accessible as little as $74. However they’ve some stable offers for Church buildings – you may get a bulk pupil license for as little as $48 per individual in case you purchase a number of licenses. Or there’s an annual church subscription beginning as little as $750 per yr based mostly on common attendance.
Probably the most reasonably priced possibility is Crown Monetary’s MoneyLife course at simply $29.95 for a person buy. I couldn’t discover any publicly listed bulk pricing for church buildings, however being a non-profit, I’d anticipate them to be the most cost effective route for congregations.
However as you’ll see, there are a lot extra variations past simply the worth tags when evaluating what’s really included in every program.
True Monetary Freedom (SeedTime)
True Financial Freedom, created by Bob Lotich and his spouse Linda from SeedTime, is a monetary literacy video course designed for church buildings that strikes an exquisite steadiness between biblical knowledge and sensible cash administration methods. This system’s purpose is to equip Christians with the instruments and mindset they should expertise true monetary freedom whereas making an everlasting affect for God’s Kingdom.
One of many standout options of True Monetary Freedom is the partaking and relatable instructing fashion of Bob and Linda. They share their very own monetary struggles and triumphs with humor, transparency, and style, making contributors really feel like they’re studying from smart, caring buddies moderately than aloof specialists. This strategy creates a secure, non-judgmental surroundings the place contributors can brazenly talk about their monetary challenges and rejoice their progress.
This system presents a number of distinctive advantages, such because the “By no means 100” rule (their ‘done-is-better-than-perfect’ strategy to regulate spending) and the “Straight A” technique for automating funds. These ideas are usually not solely memorable but in addition extremely actionable in serving to contributors take management of their cash and construct lasting wealth.
One other power of True Monetary Freedom is its emphasis on creating a customized monetary technique. By way of interactive workshops, contributors are guided in growing a customized blueprint that matches their distinctive scenario, targets, and values. This strategy acknowledges that there’s no one-size-fits-all answer to non-public finance and empowers contributors to take possession of their monetary journey.
True Monetary Freedom is ideal for Christians who wish to discover ways to thrive financially whereas staying grounded within the Bible. This system teaches contributors tips on how to keep away from the extremes of being “so heavenly-minded they’re no earthly good” or changing into so centered on constructing worldly wealth that they lose sight of what really issues.
With its grace-filled strategy and sensible instruments, True Monetary Freedom helps Christians discover the steadiness wanted to vary their monetary life and make a long-lasting distinction on this planet within the course of.
Included:
- 6 on-demand video periods (round 60 minutes every)
- Printable worksheets, instruments, and calculators (bodily workbook additionally accessible)
- Entry to their Actual Cash Budgeting course (their widespread (un)Budgeting strategy)
- Interactive workout routines and a workshop-style strategy
Course Define:
- Hope & Imaginative and prescient – Discover new hope in your funds by means of Biblical monetary rules, break freed from defining your value by your internet value.
- Design Your Blueprint – Be taught the constructing block in your new plan, the “By no means 100” rule to regulate revenue/spending.
- Straight A Technique – Automate your funds utilizing a easy 4-step ‘set it and neglect it’ course of.
- Earn Extra – Unlock your God-given presents and abilities to earn extra within the digital period.
- Everlasting Affect – Redefine giving as an everlasting funding and epic journey (not an obligation).
- Multiply & Take pleasure in – Easy investing methods that may change your life, your loved ones, and the world.
Monetary Peace College (Ramsey Options)
Financial Peace University, created by Dave Ramsey and his crew at Ramsey Options, is a extremely widespread monetary schooling program that has helped numerous people and households get out of debt and construct wealth. This system’s main purpose is to information contributors by means of a confirmed, step-by-step strategy to taking management of their cash and reaching monetary peace.
Dave Ramsey, the face of Monetary Peace College, is understood for his high-energy, robust love instructing fashion. He delivers hard-hitting truths about cash with a way of urgency and conviction that conjures up contributors to take motion. Nonetheless, some might discover his strategy a bit intense and even abrasive at occasions, likening it to going by means of bootcamp. Whereas this fashion resonates with some, it will not be everybody’s most well-liked studying surroundings.
The cornerstone of Monetary Peace College is the “Child Steps” system, a transparent, prescriptive plan for getting out of debt and constructing wealth. This system closely emphasizes the debt snowball technique, which entails paying off money owed from smallest to largest, no matter rates of interest. This strategy has confirmed extremely efficient in retaining contributors motivated and serving to them expertise fast wins on their debt-free journey.
Whereas Monetary Peace College does incorporate some biblical rules, its total strategy is extra secular in nature. This system focuses totally on the sensible nuts and bolts of cash administration, with much less emphasis on exploring the deeper non secular implications of monetary stewardship.
Monetary Peace College is greatest suited to people and households who’re drowning in debt and want a transparent, actionable plan to get again on observe. This system’s structured strategy and intense motivation is usually a lifeline for these feeling overwhelmed by their monetary scenario. Nonetheless, these searching for a extra customized, grace-filled strategy that deeply integrates biblical knowledge might discover different applications extra interesting.
Included:
- 9 video classes strolling by means of the 7 Child Steps
- 1 yr entry to the video classes
- 3 months entry to EveryDollar budgeting app
- Group monetary teaching for 1 yr
- 1 free one-on-one teaching session
- Digital workbook
Course Define:
- Child Step 1 & Budgeting – Construct your $1,000 emergency buffer and achieve management by means of budgeting
- Child Step 2 – Be taught the debt snowball technique to get rid of all non-mortgage debt quick
- Child Step 3 – Save 3-6 months’ bills for a fully-loaded emergency fund
- Child Steps 4-7 – Make investments 15% for retirement, save for school, repay dwelling, construct wealth
- Sensible Spending – Outsmart advertising techniques to curb impulsive spending
- Understanding Insurance coverage – The 8 important and pointless insurance coverage sorts defined
- Constructing Wealth – Simplify retirement investing to construct lasting wealth
- Shopping for & Promoting Your Dwelling – Keep away from mortgage missteps – lease vs purchase knowledge
- Outrageous Generosity – Uncover the enjoyment of outrageous generosity
MoneyLife (Crown Monetary)
MoneyLife, supplied by Crown Monetary, is a monetary schooling program that takes a deeply biblical strategy to cash administration. This system’s main purpose is to information Christians in understanding and making use of God’s monetary rules to their lives, emphasizing the significance of seeing God as the final word supplier and proprietor of all assets.
Considered one of MoneyLife’s distinguishing options is its sturdy deal with biblical teachings and non secular practices associated to cash. This system dives deep into exploring how our monetary selections can replicate our religion and values, encouraging contributors to align their cash administration with biblical rules. This emphasis on the non secular elements of finance units MoneyLife other than different applications which will focus extra closely on sensible methods.
The instructing fashion in MoneyLife tends to be extra educational and classroom-like in comparison with different applications. Individuals can anticipate a big quantity of studying supplies and written assessments all through the course. Whereas this strategy might attraction to those that choose a studious studying surroundings, it will not be as partaking for people who thrive on interactive, video-based content material.
MoneyLife presents some distinctive parts, corresponding to character assessments that assist contributors perceive how their pure tendencies affect their monetary selections. This system additionally contains workout routines just like the switch of possession, which guides contributors in acknowledging God’s final possession of their assets. These introspective actions could be highly effective instruments for reshaping contributors’ mindsets and habits round cash.
Nonetheless, one potential disadvantage of MoneyLife is that its emphasis on biblical rules and non secular practices might come on the expense of offering extremely actionable, sensible monetary methods.
MoneyLife is right for Christians who’re searching for a deeply biblical understanding of cash administration and are prepared to have interaction in a extra studious, reflective studying course of. This system is well-suited for many who wish to discover the non secular foundations of monetary stewardship and align their cash habits with their religion. Nonetheless, these primarily in search of a easy and straightforward monetary technique or a extra interactive studying expertise might discover different applications that higher match their wants.
Included:
- 10 self-paced video classes
- MoneyLife Indicator monetary evaluation
- Numerous studying supplies, PDFs, homework
- Course syllabus and schedule
- Non secular practices like prayer logs
Course Define:
MoneyLife (Crown Monetary)
- Unwavering Hope – Discover unshakable hope in God because the true supplier
- The Plan – Develop a sensible spending plan aligned with God’s perspective
- Ditching Debt – Obtain debt freedom utilizing biblical fact and sensible instruments
- Saving – Set brief and long-term financial savings targets to steward assets effectively
- Investing – Construct an funding portfolio to create a legacy of generosity
- Good Work – Determine your objective to expertise achievement in your profession
- Beneficiant Dwelling – Overcome obstacles to expertise the enjoyment of dedicated giving
- Paying It Ahead – Uncover methods to switch knowledge to future generations
- True Riches – Align spending with wants vs. desires to pursue true wealth
- The Selection – Commit to decide on God’s path for cash to expertise freedom
Fast Comparability:
| Characteristic | True Monetary Freedom (SeedTime) | Monetary Peace College (Ramsey) | MoneyLife (Crown Monetary) |
| Aim | To present Christians a Biblical framework and sensible instruments to allow them to handle cash properly, expertise true monetary freedom, and make an everlasting affect for God’s Kingdom. | To assist people and households get out of debt, construct wealth, and take management of their cash utilizing a confirmed, step-by-step strategy. | To information Christians in understanding and making use of God’s monetary rules, seeing Him as the final word supplier, and aligning their funds with Biblical values. |
| Method | -Strikes an efficient steadiness between biblical knowledge and sensible, actionable steering. -Helps you handle cash in a manner that honors God and units you as much as thrive financially. |
-Closely centered on getting out of debt utilizing a confirmed system of “Child Steps”. -Incorporates some biblical rules however is extra secular in its total strategy. |
-Leans deeply into the biblical and non secular facet of cash administration. -Emphasizes seeing God as the final word supplier.-Can really feel a bit extra theoretical at occasions. |
| Educating Type | -Partaking, relatable, and empowering (feels up-to-date with the trendy ‘YouTube’ period of on-line studying). -Actual-life tales with humor and style, making the course really feel like a dialog with smart, caring buddies. |
-A whole lot of power and motivation, however his fashion can come throughout as a bit harsh or stern at occasions, which doesn’t resonate with everybody. -Comes throughout as extra of a lecture than a workshop. |
-Extra educational and classroom-like, with a heavy emphasis on studying supplies and assessments. -Might not be as partaking for all studying sorts. |
| Personalization | -The interactive workshop fashion guides you in creating a customized cash technique tailor-made to your distinctive scenario and targets. -Nobody-size-fits-all plans, you construct a blueprint that really matches your life. |
-Gives a transparent, prescriptive set of “Child Steps” to observe for getting out of debt and constructing wealth. -Whereas confirmed, it might not permit as a lot flexibility for particular person circumstances. |
-Provides some useful customized instruments just like the MoneyLife Indicator assessment-Emphasis on “God as supplier” means this system has a really particular define to attain that purpose which can really feel inflexible. |
| Distinctive Advantages | -The straightforward “By no means 100” rule for a done-is-better-than-perfect strategy to saving. -“Straight A” technique for automating your funds. -A robust deal with leveraging your distinctive God-given skills to extend your revenue. -Everlasting Affect as the final word purpose (giving, investing within the Kingdom, and so on..) |
-Iconic “debt snowball” technique for accelerating debt payoff and staying motivated. -Entry to EveryDollar budgeting app. -Monetary teaching assets. |
-Scripture memory-The “switch of possession” train to assist align your mindset and habits with biblical monetary rules. -Character evaluation to seek out and leverage your gifting. |
| Excellent for… | -Those that wish to discover ways to really reside and thrive within the methods of the Kingdom (not being so heavenly-minded that they’re of no earthly good, but in addition not getting caught up in constructing their very own earthly kingdom) -A grace-filled, sensible strategy to expertise true monetary freedom and make an everlasting affect! |
-People and households who’re drowning in debt and want a transparent, confirmed, step-by-step plan to get out of debt and begin constructing wealth, with some biblical grounding and intense motivation. | -Those that need a deeply biblical exploration of God’s position in our funds, with a deal with non secular practices and mindset shifts. -Those that don’t thoughts a extra educational, reading-heavy strategy. |
Private Expertise and Suggestions
Having gone by means of all 3 applications, right here is my private expertise and proposals:
I can truthfully say that True Monetary Freedom was a life-changing expertise. Bob and Linda’s heat, relatable instructing fashion made me really feel like I used to be studying from trusted buddies who really cared about my success. This system’s emphasis on creating a customized monetary technique was a game-changer for me, because it helped me develop a plan that match my distinctive scenario and targets.
The “By no means 100” rule and “Straight A” technique have grow to be cornerstones of my monetary habits, serving to me reside beneath my means and automate my financial savings and giving. It was excellent for somebody like myself who didn’t desire a sophisticated, jargon-filled monetary class – and wasn’t going to enroll in an intense ‘disgrace & blame’ session both.
Personally, True Monetary Freedom struck that steadiness higher than any of the opposite applications on the record and gave me the technique to maneuver ahead. My financial savings, giving, and incomes have all elevated in important methods since taking this system.
For individuals who are drowning in debt and want a transparent, structured plan to get out, I extremely suggest Monetary Peace College. Dave Ramsey’s no-nonsense strategy and the step-by-step “Child Steps” system can present the motivation and path wanted to sort out debt head-on. The debt snowball technique, particularly, has helped numerous folks expertise fast wins and construct momentum on their debt-free journey. Simply be ready for a extra intense, boot camp-style studying surroundings.
For those who’re searching for a program that deeply explores the biblical rules behind cash administration, Crown’s MoneyLife could be the appropriate match for you. This system’s emphasis on non secular practices and aligning your funds along with your religion could be extremely highly effective for many who wish to develop of their understanding of God’s perspective on wealth. Nonetheless, be ready for a extra educational, reading-intensive studying expertise and fewer deal with extremely sensible, actionable methods.
In the end, the perfect program for you’ll rely in your distinctive monetary scenario, studying fashion, and private targets. For those who’re in search of a grace-filled, sensible strategy that helps you thrive in God’s Kingdom whereas making an everlasting affect, I extremely suggest True Monetary Freedom. For those who want a structured, intensive plan to get out of debt quick, Monetary Peace College could possibly be your greatest guess. And in case you need a deep dive into the biblical foundations of cash administration, MoneyLife is value contemplating.
No matter which program you select, an important factor is to take motion and put money into your monetary schooling. By doing so, you’ll be higher outfitted to deal with the assets God has entrusted to you and expertise the enjoyment and freedom that comes from aligning your funds along with your religion.
