I 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 standard applications all declare that will help you get management of your funds from a biblical perspective. Nonetheless, they go about it in numerous methods with various educating 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 truly included whenever 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 attempting 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
In terms 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 fees $149 for a person/couple license with common offers making it accessible as little as $74. However they’ve some strong offers for Church buildings – you may get a bulk pupil license for as little as $48 per particular person for those who purchase a number of licenses. Or there’s an annual church subscription beginning as little as $750 per 12 months primarily based 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 truly 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 phenomenal 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 partaking and relatable educating fashion of Bob and Linda. They share their very own monetary struggles and triumphs with humor, transparency, and beauty, making individuals really feel like they’re studying from clever, caring buddies fairly than aloof consultants. This strategy creates a secure, non-judgmental setting the place individuals can overtly talk about their monetary challenges and have a good time their progress.
This system provides 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 aren’t solely memorable but in addition extremely actionable in serving to individuals take management of their cash and construct lasting wealth.
One other power of True Monetary Freedom is its emphasis on creating a personalised monetary technique. By interactive workshops, individuals are guided in creating a customized blueprint that matches their distinctive state of affairs, targets, and values. This strategy acknowledges that there’s no one-size-fits-all resolution to private finance and empowers individuals to take possession of their monetary journey.
True Monetary Freedom is ideal for Christians who need to learn to thrive financially whereas staying grounded within the Bible. This system teaches individuals methods to keep away from the extremes of being “so heavenly-minded they’re no earthly good” or turning 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 stability wanted to alter their monetary life and make an enduring distinction on the earth within the course of.
Included:
- 6 on-demand video classes (round 60 minutes every)
- Printable worksheets, instruments, and calculators (bodily workbook additionally accessible)
- Entry to their Actual Cash Budgeting course (their standard (un)Budgeting strategy)
- Interactive workouts and a workshop-style strategy
Course Define:
- Hope & Imaginative and prescient – Discover new hope on your funds by Biblical monetary rules, break freed from defining your price by your internet price.
- Design Your Blueprint – Be taught the constructing block on your new plan, the “By no means 100” rule to manage earnings/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 Influence – 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 crew at Ramsey Options, is a extremely standard monetary schooling program that has helped numerous people and households get out of debt and construct wealth. This system’s major purpose is to information individuals by 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, powerful love educating fashion. He delivers hard-hitting truths about cash with a way of urgency and conviction that evokes individuals to take motion. Nonetheless, some might discover his strategy a bit intense and even abrasive at occasions, likening it to going by bootcamp. Whereas this fashion resonates with some, it is probably not everybody’s most popular studying setting.
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 entails paying off money owed from smallest to largest, no matter rates of interest. This strategy has confirmed extremely efficient in protecting individuals motivated and serving to them expertise fast wins on their debt-free journey.
Whereas Monetary Peace College does incorporate some biblical rules, its general 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 religious implications of economic stewardship.
Monetary Peace College is finest fitted to people and households who’re drowning in debt and want a transparent, actionable plan to get again on monitor. This system’s structured strategy and intense motivation could be a lifeline for these feeling overwhelmed by their monetary state of affairs. Nonetheless, these looking for a extra customized, grace-filled strategy that deeply integrates biblical knowledge might discover different applications extra interesting.
Included:
- 9 video classes strolling by the 7 Child Steps
- 1 12 months entry to the video classes
- 3 months entry to EveryDollar budgeting app
- Group monetary teaching for 1 12 months
- 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 budgeting
- Child Step 2 – Be taught the debt snowball methodology 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 residence, construct wealth
- Smart Spending – Outsmart advertising ways 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 Residence – 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 major 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 sources.
One in every of MoneyLife’s distinguishing options is its robust concentrate on biblical teachings and religious practices associated to cash. This system dives deep into exploring how our monetary selections can mirror our religion and values, encouraging individuals to align their cash administration with biblical rules. This emphasis on the religious points of finance units MoneyLife other than different applications that will focus extra closely on sensible methods.
The educating fashion in MoneyLife tends to be extra tutorial and classroom-like in comparison with different applications. Contributors can anticipate a big quantity of studying supplies and written assessments all through the course. Whereas this strategy might attraction to those that want a studious studying setting, it is probably not as partaking for people who thrive on interactive, video-based content material.
MoneyLife provides some distinctive components, resembling persona assessments that assist individuals perceive how their pure tendencies affect their monetary selections. This system additionally consists of workouts just like the switch of possession, which guides individuals in acknowledging God’s final possession of their sources. These introspective actions might be highly effective instruments for reshaping individuals’ mindsets and habits round cash.
Nonetheless, one potential disadvantage of MoneyLife is that its emphasis on biblical rules and religious practices might come on the expense of offering extremely actionable, sensible monetary methods.
MoneyLife is right 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 many who need to discover the religious foundations of economic stewardship and align their cash habits with their religion. Nonetheless, these primarily in search of a easy and simple 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
- Religious 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 reality and sensible instruments
- Saving – Set quick and long-term financial savings targets to steward sources properly
- Investing – Construct an funding portfolio to create a legacy of generosity
- Good Work – Determine your function 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. needs 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) |
| Purpose | To present Christians a Biblical framework and sensible instruments to allow them to handle cash correctly, 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. |
| Strategy | -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 centered on getting out of debt utilizing a confirmed system of “Child Steps”. -Incorporates some biblical rules however is extra secular in its general strategy. |
-Leans deeply into the biblical and religious facet of cash administration. -Emphasizes seeing God as the final word supplier.-Can really feel a bit extra theoretical at occasions. |
| Instructing Type | -Partaking, relatable, and empowering (feels up-to-date with the fashionable ‘YouTube’ period of on-line studying). -Actual-life tales with humor and beauty, making the course really feel like a dialog with clever, caring buddies. |
-Lots 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 partaking for all studying sorts. |
| Personalization | -The interactive workshop fashion guides you in creating a personalised cash technique tailor-made to your distinctive state of affairs and targets. -Nobody-size-fits-all plans, you construct a blueprint that actually matches your life. |
-Supplies a transparent, prescriptive set of “Child Steps” to comply with for getting out of debt and constructing wealth. -Whereas confirmed, it might not enable 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 easy “By no means 100” rule for a done-is-better-than-perfect strategy to saving. -“Straight A” technique for automating your funds. -A robust concentrate on leveraging your distinctive God-given skills to extend your earnings. -Everlasting Influence as the final 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 sources. |
-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 need to learn 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 want a deeply biblical exploration of God’s function in our funds, with a concentrate on religious practices and mindset shifts. -Those that don’t thoughts a extra tutorial, reading-heavy strategy. |
Private Expertise and Suggestions
Having gone by all 3 applications, 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 buddies 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 state of affairs and targets.
The “By no means 100” rule and “Straight A” technique have turn out to be cornerstones of my monetary habits, serving to me reside under my means and automate my financial savings and giving. It was good for somebody like myself who didn’t desire a sophisticated, 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 applications on the checklist 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 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 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 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 setting.
If you happen to’re looking for a program that deeply explores the biblical rules behind cash administration, Crown’s MoneyLife could be the best match for you. This system’s emphasis on religious practices and aligning your funds along with your religion might be extremely highly effective for many who need to develop of their understanding of God’s perspective on wealth. Nonetheless, be ready for a extra tutorial, reading-intensive studying expertise and fewer concentrate on extremely sensible, actionable methods.
In the end, the perfect program for you’ll rely in your distinctive monetary state of affairs, studying fashion, and private targets. If you happen to’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. If you happen to want a structured, intensive plan to get out of debt quick, Monetary Peace College could possibly be your finest wager. And for those who want a deep dive into the biblical foundations of cash administration, MoneyLife is price contemplating.
No matter which program you select, a very powerful factor is to take motion and spend money on your monetary schooling. By doing so, you’ll be higher outfitted to deal with the sources God has entrusted to you and expertise the enjoyment and freedom that comes from aligning your funds along with your religion.