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 in style applications all declare that can assist you get management of your funds from a biblical perspective. Nevertheless, they go about it in numerous methods with various educating kinds 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 if you purchase in.
My purpose is to provide the actual deal on these programs so you possibly can decide which one (if any) is one of the 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 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 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 will get a bulk scholar license for as little as $48 per individual if you happen to purchase a number of licenses. Or there’s an annual church subscription beginning as little as $750 per yr based mostly on common attendance.
Essentially the most inexpensive 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 a lot extra variations past simply the value 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 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 influence for God’s Kingdom.
One of many standout options of True Monetary Freedom is the partaking and relatable educating model of Bob and Linda. They share their very own monetary struggles and triumphs with humor, transparency, and charm, making contributors really feel like they’re studying from sensible, caring pals relatively than aloof consultants. This method creates a protected, non-judgmental atmosphere the place contributors can overtly talk about their monetary challenges and rejoice their progress.
This system provides 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 aren’t 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 personalised monetary technique. By means of interactive workshops, contributors are guided in growing a customized blueprint that matches their distinctive scenario, targets, and values. This method acknowledges that there’s no one-size-fits-all resolution 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 find out how to 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 actually issues.
With its grace-filled method and sensible instruments, True Monetary Freedom helps Christians discover the stability wanted to alter their monetary life and make a long-lasting distinction on the 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 in style (un)Budgeting method)
- Interactive workouts and a workshop-style method
Course Define:
- Hope & Imaginative and prescient – Discover new hope in your funds by means 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 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 items and abilities 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 crew at Ramsey Options, is a extremely in style 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 contributors by means of a confirmed, step-by-step method to taking management of their cash and reaching monetary peace.
Dave Ramsey, the face of Monetary Peace College, is thought for his high-energy, powerful love educating model. He delivers hard-hitting truths about cash with a way of urgency and conviction that evokes contributors to take motion. Nevertheless, some might discover his method a bit intense and even abrasive at instances, likening it to going by means of bootcamp. Whereas this model resonates with some, it will not be everybody’s most popular studying atmosphere.
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 includes paying off money owed from smallest to largest, no matter rates of interest. This method has confirmed extremely efficient in preserving contributors 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 non secular implications of economic stewardship.
Monetary Peace College is finest suited to people and households who’re drowning in debt and wish a transparent, actionable plan to get again on observe. This system’s structured method and intense motivation is usually a lifeline for these feeling overwhelmed by their monetary scenario. Nevertheless, these searching for a extra customized, grace-filled method 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 residence, construct wealth
- Sensible Spending – Outsmart advertising and marketing 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 Residence – Keep away from mortgage missteps – hire vs purchase knowledge
- Outrageous Generosity – Uncover the enjoyment of outrageous generosity
MoneyLife (Crown Monetary)
MoneyLife, provided by Crown Monetary, is a monetary schooling program that takes a deeply biblical method to cash administration. This system’s major 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 final word supplier and proprietor of all assets.
One in all MoneyLife’s distinguishing options is its sturdy concentrate on biblical teachings and non secular practices associated to cash. This system dives deep into exploring how our monetary choices can mirror our religion and values, encouraging contributors to align their cash administration with biblical ideas. This emphasis on the non secular elements of finance units MoneyLife aside from different applications that will focus extra closely on sensible methods.
The educating model in MoneyLife tends to be extra tutorial and classroom-like in comparison with different applications. Individuals can count on a big quantity of studying supplies and written assessments all through the course. Whereas this method might attraction to those that choose a studious studying atmosphere, it will not be as partaking for people who thrive on interactive, video-based content material.
MoneyLife provides some distinctive components, comparable to persona assessments that assist contributors perceive how their pure tendencies influence their monetary choices. This system additionally consists of workouts just like the switch of possession, which guides contributors in acknowledging God’s final possession of their assets. These introspective actions might be highly effective instruments for reshaping contributors’ mindsets and habits round cash.
Nevertheless, one potential disadvantage of MoneyLife is that its emphasis on biblical ideas 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 interact in a extra studious, reflective studying course of. This system is well-suited for individuals who wish to discover the non secular foundations of economic stewardship and align their cash habits with their religion. Nevertheless, these primarily searching for 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
- 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 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 – Establish your function to expertise success 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 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) |
| Objective | To present Christians a Biblical framework and sensible instruments to allow them to handle cash correctly, expertise true monetary freedom, and make an everlasting influence 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 final 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 means 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 non secular facet of cash administration. -Emphasizes seeing God as the final word supplier.-Can really feel a bit extra theoretical at instances. |
| Instructing Type | -Participating, relatable, and empowering (feels up-to-date with the trendy ‘YouTube’ period of on-line studying). -Actual-life tales with humor and charm, making the course really feel like a dialog with sensible, caring pals. |
-Quite a lot of vitality and motivation, however his model 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. -Will not be as partaking for all studying varieties. |
| Personalization | -The interactive workshop model 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 actually matches your life. |
-Offers a transparent, prescriptive set of “Child Steps” to observe 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 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 concentrate on leveraging your distinctive God-given skills to extend your revenue. -Everlasting Influence as the final word purpose (giving, investing within the Kingdom, and many others..) |
-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 ideas. -Character evaluation to seek out and leverage your gifting. |
| Good for… | -Those that wish to discover ways to actually 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 method to expertise true monetary freedom and make an everlasting influence! |
-People and households who’re drowning in debt and wish 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 concentrate on non secular practices and mindset shifts. -Those that don’t thoughts a extra tutorial, reading-heavy method. |
Private Expertise and Suggestions
Having gone by means of all 3 applications, right here is my private expertise and suggestions:
I can actually say that True Monetary Freedom was a life-changing expertise. Bob and Linda’s heat, relatable educating model made me really feel like I used to be studying from trusted pals who actually 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 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 individuals who are drowning in debt and wish 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 technique, specifically, 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 atmosphere.
In the event you’re searching for a program that deeply explores the biblical ideas behind cash administration, Crown’s MoneyLife could be the fitting match for you. This system’s emphasis on non secular practices and aligning your funds along with your religion might be extremely highly effective for individuals 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 concentrate on extremely sensible, actionable methods.
In the end, one of the best program for you’ll rely in your distinctive monetary scenario, studying model, and private targets. In the event you’re searching for a grace-filled, sensible method that helps you thrive in God’s Kingdom whereas making an everlasting influence, I extremely suggest True Monetary Freedom. In the event you want a structured, intensive plan to get out of debt quick, Monetary Peace College might be your finest wager. And if you happen to 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 assets God has entrusted to you and expertise the enjoyment and freedom that comes from aligning your funds along with your religion.
