Mike Garrett, Coordinator Financial Peace University
Within the Financial Peace University ministry, we recently completed “The Legacy Journey,” the new seven week follow up course to FPU. It is built on a four-step process of getting your basic finances under control (living on a budget, getting rid of debt, etc.), saving for the future, leaving a legacy for your family and giving generously to address the needs of the world around us.
The big “take-aways” from the program for me were the importance of the following: understanding that God owns everything we have and that we are only stewards of those resources, being content with whatever God has given us, being a generous giver, and that having everything organized can be one the best gifts you can leave your family after your death. To help with this last item, class participants were provided a “legacy box” with file folders for items such as wills, powers of attorney, insurance policies, birth certificates, social security cards, funeral instructions, tax returns, retirement accounts, investment accounts, pension information, titles, and passwords. One of the most meaningful items for me has been working on writing legacy letters to my family, which are also to be included in the “legacy box.”
In the beginning of 1 Chronicles 23, David gives Solomon the responsibility for being the King of Israel and for building the Temple. As the next few chapters unfold, you begin to see a beautiful picture of how thoroughly David has prepared for this transition. He has amassed the money and materials needed to build the temple and is now organizing the thousands of people needed to assure the completion of the temple and its successful ongoing operation once completed.
David leaves Solomon a tremendous legacy. His plans were carefully detailed and leaders appointed for the various responsibilities. Just like David, we also need to think about the coming generations.
What kind on legacy are you leaving your family and the world? Do you have a personal and family mission statement? What important lessons do you want to make sure your children understand? Do you have a current will? I’ll bet you have some work to do, too.