I not too long ago 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 packages all declare that can assist you get management of your funds from a biblical perspective. Nevertheless, they go about it in several methods with various educating kinds and philosophies.
On this put up, I’ll present an in-depth take a look at every program – breaking down the distinctive options, strengths, weaknesses, and what’s really included once you purchase in.
My purpose is to provide the actual deal on these programs so you possibly can decide which one (if any) is the perfect match for remodeling your monetary life in a manner that aligns together with your religion. Whether or not you’re deep in debt, constructing wealth, or just making an attempt to honor God together with your cash, this comparability will assist information your journey.
Let’s dive into the nitty-gritty particulars of every program:
Pricing
In the case of pricing, Monetary Peace College from Dave Ramsey sits within the center. For a person membership, it’s $69.99. In addition they supply bulk pricing for church buildings beginning at round $800 for 10 memberships.
On the upper finish, Seedtime’s True Monetary Freedom expenses $149 for a person/couple license with common offers making it obtainable as little as $74. However they’ve some stable offers for Church buildings – you will get a bulk pupil license for as little as $48 per particular person should 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 count on them to be the most affordable route for congregations.
However as you’ll see, there are loads extra variations past simply the value tags when evaluating what’s really included in every program.
True Monetary Freedom (SeedTime)
True Monetary Freedom, created by Bob Lotich and his spouse Linda from SeedTime, is a monetary literacy video course designed for church buildings that strikes a lovely stability 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 participating and relatable educating fashion of Bob and Linda. They share their very own monetary struggles and triumphs with humor, transparency, and charm, making members really feel like they’re studying from sensible, caring associates moderately than aloof specialists. This method creates a secure, non-judgmental surroundings the place members can overtly talk about their monetary challenges and have fun their progress.
This system presents a number of distinctive advantages, such because the “By no means 100” rule (their ‘done-is-better-than-perfect’ method to regulate spending) and the “Straight A” technique for automating funds. These ideas will not be solely memorable but additionally extremely actionable in serving to members take management of their cash and construct lasting wealth.
One other energy of True Monetary Freedom is its emphasis on creating a personalised monetary technique. By way of interactive workshops, members are guided in creating a customized blueprint that matches their distinctive scenario, targets, and values. This method acknowledges that there’s no one-size-fits-all answer to private finance and empowers members to take possession of their monetary journey.
True Monetary Freedom is ideal for Christians who need to discover ways to thrive financially whereas staying grounded within the Bible. This system teaches members how you can keep away from the extremes of being “so heavenly-minded they’re no earthly good” or turning into so targeted on constructing worldly wealth that they lose sight of what really issues.
With its grace-filled method and sensible instruments, True Monetary Freedom helps Christians discover the stability wanted to vary their monetary life and make an enduring distinction on the earth within the course of.
Included:
- 6 on-demand video periods (round 60 minutes every)
- Printable worksheets, instruments, and calculators (bodily workbook additionally obtainable)
- Entry to their Actual Cash Budgeting course (their widespread (un)Budgeting method)
- Interactive workouts and a workshop-style method
Course Define:
- Hope & Imaginative and prescient – Discover new hope on your funds by way of Biblical monetary ideas, break freed from defining your value by your internet value.
- Design Your Blueprint – Be taught the constructing block on your new plan, the “By no means 100” rule to manage revenue/spending.
- Straight A Technique – Automate your funds utilizing a easy 4-step ‘set it and overlook 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)
Monetary Peace College, created by Dave Ramsey and his workforce at Ramsey Options, is a extremely widespread monetary training program that has helped numerous people and households get out of debt and construct wealth. This system’s main purpose is to information members by way of a confirmed, step-by-step method to taking management of their cash and attaining monetary peace.
Dave Ramsey, the face of Monetary Peace College, is understood for his high-energy, powerful love educating fashion. He delivers hard-hitting truths about cash with a way of urgency and conviction that evokes members to take motion. Nevertheless, some could discover his method a bit intense and even abrasive at occasions, likening it to going by way of bootcamp. Whereas this fashion resonates with some, it is probably not everybody’s most popular 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 methodology, which includes paying off money owed from smallest to largest, no matter rates of interest. This method has confirmed extremely efficient in retaining members motivated and serving to them expertise fast wins on their debt-free journey.
Whereas Monetary Peace College does incorporate some biblical ideas, its total method 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 religious implications of monetary stewardship.
Monetary Peace College is greatest fitted to people and households who’re drowning in debt and want a transparent, actionable plan to get again on observe. This system’s structured method and intense motivation generally is a lifeline for these feeling overwhelmed by their monetary scenario. Nevertheless, these looking for a extra personalised, grace-filled method that deeply integrates biblical knowledge could discover different packages extra interesting.
Included:
- 9 video classes strolling by way 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 way of budgeting
- Child Step 2 – Be taught the debt snowball methodology to eradicate 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 faculty, repay dwelling, construct wealth
- Smart Spending – Outsmart advertising ways to curb impulsive spending
- Understanding Insurance coverage – The 8 important and pointless insurance coverage varieties defined
- Constructing Wealth – Simplify retirement investing to construct lasting wealth
- Shopping for & Promoting Your House – 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 training program that takes a deeply biblical method to cash administration. This system’s main purpose is to information Christians in understanding and making use of God’s monetary ideas to their lives, emphasizing the significance of seeing God as the last word supplier and proprietor of all assets.
One in all MoneyLife’s distinguishing options is its sturdy give attention to biblical teachings and religious practices associated to cash. This system dives deep into exploring how our monetary selections can replicate our religion and values, encouraging members to align their cash administration with biblical ideas. This emphasis on the religious facets of finance units MoneyLife other than different packages which will focus extra closely on sensible methods.
The educating fashion in MoneyLife tends to be extra tutorial and classroom-like in comparison with different packages. Members can count on a big quantity of studying supplies and written assessments all through the course. Whereas this method could enchantment to those that want a studious studying surroundings, it is probably not as participating for people who thrive on interactive, video-based content material.
MoneyLife presents some distinctive parts, equivalent to character assessments that assist members perceive how their pure tendencies affect their monetary selections. This system additionally consists of workouts just like the switch of possession, which guides members in acknowledging God’s final possession of their assets. These introspective actions may be highly effective instruments for reshaping members’ mindsets and habits round cash.
Nevertheless, one potential disadvantage of MoneyLife is that its emphasis on biblical ideas and religious practices could come on the expense of offering extremely actionable, sensible monetary methods.
MoneyLife is good for Christians who’re looking 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 individuals who need to discover the religious foundations of monetary stewardship and align their cash habits with their religion. Nevertheless, these primarily on the lookout for a easy and simple monetary technique or a extra interactive studying expertise could discover different packages 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 practical 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 properly
- Investing – Construct an funding portfolio to create a legacy of generosity
- Good Work – Determine your objective to expertise achievement in your profession
- Beneficiant Residing – 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 Alternative – Commit to decide on God’s path for cash to expertise freedom
Fast Comparability:
| Function | True Monetary Freedom (SeedTime) | Monetary Peace College (Ramsey) | MoneyLife (Crown Monetary) |
| Objective | 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 method. | To information Christians in understanding and making use of God’s monetary ideas, seeing Him as the last word supplier, and aligning their funds with Biblical values. |
| Method | -Strikes an efficient stability between biblical knowledge and sensible, actionable steerage. -Helps you handle cash in a manner that honors God and units you as much as thrive financially. |
-Closely targeted on getting out of debt utilizing a confirmed system of “Child Steps”. -Incorporates some biblical ideas however is extra secular in its total method. |
-Leans deeply into the biblical and religious aspect of cash administration. -Emphasizes seeing God as the last word supplier.-Can really feel a bit extra theoretical at occasions. |
| Instructing Model | -Participating, relatable, and empowering (feels up-to-date with the fashionable ‘YouTube’ period of on-line studying). -Actual-life tales with humor and charm, making the course really feel like a dialog with sensible, caring associates. |
-Quite a lot of vitality 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 tutorial and classroom-like, with a heavy emphasis on studying supplies and assessments. -Might not be as participating for all studying varieties. |
| Personalization | -The interactive workshop fashion guides you in creating a personalised cash technique tailor-made to your distinctive scenario and targets. -Nobody-size-fits-all plans, you construct a blueprint that really matches your life. |
-Offers a transparent, prescriptive set of “Child Steps” to comply with 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 personalised 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 method to saving. -“Straight A” technique for automating your funds. -A powerful give attention to leveraging your distinctive God-given abilities to extend your revenue. -Everlasting Affect as the last word purpose (giving, investing within the Kingdom, and many others..) |
-Iconic “debt snowball” methodology 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 ideas. -Character evaluation to search out and leverage your gifting. |
| Excellent for… | -Those that need 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 additionally not getting caught up in constructing their very own earthly kingdom) -A grace-filled, sensible method 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 want a deeply biblical exploration of God’s position in our funds, with a give attention to religious practices and mindset shifts. -Those that don’t thoughts a extra tutorial, reading-heavy method. |
Private Expertise and Suggestions
Having gone by way of all 3 packages, right here is my private expertise and suggestions:
I can truthfully say that True Monetary Freedom was a life-changing expertise. Bob and Linda’s heat, relatable educating fashion made me really feel like I used to be studying from trusted associates who really cared about my success. This system’s emphasis on creating a personalised 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 under my means and automate my financial savings and giving. It was excellent for somebody like myself who didn’t need a difficult, jargon-filled monetary class – and wasn’t going to join an intense ‘disgrace & blame’ session both.
Personally, True Monetary Freedom struck that stability higher than any of the opposite packages on the record and gave me the technique to maneuver ahead. My financial savings, giving, and incomes have all elevated in vital methods since taking this system.
For many 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 method and the step-by-step “Child Steps” system can present the motivation and path wanted to deal with debt head-on. The debt snowball methodology, particularly, has helped numerous individuals 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 looking for a program that deeply explores the biblical ideas behind cash administration, Crown’s MoneyLife may be the best match for you. This system’s emphasis on religious practices and aligning your funds together with your religion may be extremely highly effective for individuals who need to develop of their understanding of God’s perspective on wealth. Nevertheless, be ready for a extra tutorial, reading-intensive studying expertise and fewer give attention to 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 on the lookout for a grace-filled, sensible method 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 wager. And should you want 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 spend money on your monetary training. By doing so, you’ll be higher geared up to deal with the assets God has entrusted to you and expertise the enjoyment and freedom that comes from aligning your funds together with your religion.
