I lately accomplished three of the highest Christian monetary teaching programs for church buildings: SeedTime’s True Monetary Freedom, Dave Ramsey’s Monetary Peace College, and Crown Monetary’s MoneyLife.
These well-liked applications 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 instructing kinds and philosophies.
On this submit, I’ll present an in-depth have a look at every program – breaking down the distinctive options, strengths, weaknesses, and what’s truly included if you purchase in.
My objective is to provide the actual deal on these programs so you may decide which one (if any) is the very best match for remodeling your monetary life in a means 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 relation to 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 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 will get a bulk scholar license for as little as $48 per individual in the event you purchase a number of licenses. Or there’s an annual church subscription beginning as little as $750 per 12 months based mostly on common attendance.
Essentially the most reasonably priced choice 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 affordable route for congregations.
However as you’ll see, there are lots 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 stupendous stability between biblical knowledge and sensible cash administration methods. This system’s objective is to equip Christians with the instruments and mindset they should expertise true monetary freedom whereas making an everlasting impression for God’s Kingdom.
One of many standout options of True Monetary Freedom is the participating and relatable instructing type of Bob and Linda. They share their very own monetary struggles and triumphs with humor, transparency, and style, making members really feel like they’re studying from clever, caring mates slightly than aloof consultants. This strategy creates a protected, non-judgmental surroundings the place members can brazenly talk about their monetary challenges and have fun their progress.
This system gives 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 members take management of their cash and construct lasting wealth.
One other energy of True Monetary Freedom is its emphasis on creating a customized monetary technique. By way of interactive workshops, members are guided in creating a customized blueprint that matches their distinctive state of affairs, objectives, and values. This strategy acknowledges that there’s no one-size-fits-all resolution to non-public finance and empowers members 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 members 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 actually issues.
With its grace-filled strategy and sensible instruments, True Monetary Freedom helps Christians discover the stability 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 well-liked (un)Budgeting strategy)
- Interactive workouts and a workshop-style strategy
Course Define:
- Hope & Imaginative and prescient – Discover new hope in your funds by way of Biblical monetary ideas, break freed from defining your price by your web price.
- Design Your Blueprint – Be taught the constructing block in 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 overlook it’ course of.
- Earn Extra – Unlock your God-given presents and skills to earn extra within the digital period.
- Everlasting Influence – Redefine giving as an everlasting funding and epic journey (not an obligation).
- Multiply & Get pleasure from – 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 well-liked monetary schooling program that has helped numerous people and households get out of debt and construct wealth. This system’s main objective is to information members by way of a confirmed, step-by-step strategy to taking management of their cash and attaining monetary peace.
Dave Ramsey, the face of Monetary Peace College, is thought for his high-energy, robust love instructing type. 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 strategy a bit intense and even abrasive at instances, likening it to going by way of bootcamp. Whereas this type resonates with some, it might 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 preserving 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 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 monetary stewardship.
Monetary Peace College is finest suited 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. Nevertheless, these searching for a extra customized, grace-filled strategy that deeply integrates biblical knowledge could discover different applications extra interesting.
Included:
- 9 video classes strolling by way of 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 acquire management by way of budgeting
- Child Step 2 – Be taught the debt snowball technique to remove 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
- Clever Spending – Outsmart advertising techniques 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 Residence – Keep away from mortgage missteps – hire 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 objective 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 sources.
Considered one of MoneyLife’s distinguishing options is its robust give attention to biblical teachings and religious practices associated to cash. This system dives deep into exploring how our monetary choices can mirror 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 applications which will focus extra closely on sensible methods.
The instructing type 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 could enchantment to those that desire a studious studying surroundings, it might not be as participating for people who thrive on interactive, video-based content material.
MoneyLife gives some distinctive components, comparable to character assessments that assist members perceive how their pure tendencies impression their monetary choices. This system additionally contains workouts just like the switch of possession, which guides members in acknowledging God’s final possession of their sources. These introspective actions will be highly effective instruments for reshaping members’ mindsets and habits round cash.
Nevertheless, one potential downside 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 right for Christians who’re searching for a deeply biblical understanding of cash administration and are prepared to interact in a extra studious, reflective studying course of. This system is well-suited for many who wish 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 straightforward monetary technique or a extra interactive studying expertise could discover different applications that higher match their wants.
Included:
- 10 self-paced video classes
- MoneyLife Indicator monetary evaluation
- A lot of 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 sensible spending plan aligned with God’s perspective
- Ditching Debt – Obtain debt freedom utilizing biblical fact and sensible instruments
- Saving – Set quick and long-term financial savings objectives to steward sources effectively
- Investing – Construct an funding portfolio to create a legacy of generosity
- Good Work – Determine your goal 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:
| Function | True Monetary Freedom (SeedTime) | Monetary Peace College (Ramsey) | MoneyLife (Crown Monetary) |
| Purpose | To offer Christians a Biblical framework and sensible instruments to allow them to handle cash correctly, expertise true monetary freedom, and make an everlasting impression 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 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 steering. -Helps you handle cash in a means 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 ideas however is extra secular in its total strategy. |
-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 instances. |
| Educating Fashion | -Participating, 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 clever, caring mates. |
-Loads of power and motivation, however his type can come throughout as a bit harsh or stern at instances, 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. -Is probably not as participating for all studying varieties. |
| Personalization | -The interactive workshop type guides you in creating a customized cash technique tailor-made to your distinctive state of affairs and objectives. -Nobody-size-fits-all plans, you construct a blueprint that really matches your life. |
-Gives a transparent, prescriptive set of “Child Steps” to comply with for getting out of debt and constructing wealth. -Whereas confirmed, it could 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 objective 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 give attention to leveraging your distinctive God-given skills to extend your earnings. -Everlasting Influence as the last word objective (giving, investing within the Kingdom, and so forth..) |
-Iconic “debt snowball” technique 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 ideas. -Persona evaluation to search out and leverage your gifting. |
| Good for… | -Those that wish to discover ways to actually dwell 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 impression! |
-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 function in our funds, with a give attention to religious practices and mindset shifts. -Those that don’t thoughts a extra tutorial, reading-heavy strategy. |
Private Expertise and Suggestions
Having gone by way 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 type made me really feel like I used to be studying from trusted mates who actually 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 state of affairs and objectives.
The “By no means 100” rule and “Straight A” technique have develop into cornerstones of my monetary habits, serving to me dwell 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 enroll in an intense ‘disgrace & blame’ session both.
Personally, True Monetary Freedom struck that stability 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 vital methods since taking this system.
For many who are drowning in debt and want a transparent, structured plan to get out, I extremely advocate 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.
In the event you’re searching for a program that deeply explores the biblical ideas behind cash administration, Crown’s MoneyLife may be the appropriate match for you. This system’s emphasis on religious practices and aligning your funds along with your religion will be extremely highly effective for many who wish 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.
Finally, the very best program for you’ll rely in your distinctive monetary state of affairs, studying type, and private objectives. In the event you’re on the lookout for a grace-filled, sensible strategy that helps you thrive in God’s Kingdom whereas making an everlasting impression, I extremely advocate True Monetary Freedom. In the event you want a structured, intensive plan to get out of debt quick, Monetary Peace College could possibly be your finest wager. And in the event you need 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 geared up 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.
