Last month Jon shared some really exciting news. We anticipate Southland being completely out of debt by the end of this year! This will be the first time since Southland first bought property on Harrodsburg Road in 1979 that the church will not hold any debt. As a church, we will now be able to use the money that was applied to debt payments and put those dollars aside to save for a permanent location for our Georgetown campus - and future multi-site campuses! We are excited to be able to continue to grow God’s kingdom in Kentucky but we don’t plan to use debt to build future campuses. We will continue to use more than 10% of our resources for local and global outreach and to generously bless Dollar Club families. When our debt is paid down, the church’s “next” 10% will be saved for future multisite campuses. We have faith that God will allow us to provide life-changing ministry when we live on 80% of the resources He’s entrusted to us. In fact, we can’t wait to see how freeing it will be for our church to live the 10-10-80 financial model.
We want you and your family to join us in Giving 10%, Saving 10% and Living on 80% of what God provides for you. Why do we want you to adopt 10-10-80? Quite simply, how you handle your money is important in your relationship with God and in your family relationships. In Matthew 6:21 Jesus says, “Where your treasure is, there your heart will be also.”
Adopting the 10-10-80 financial lifestyle may seem like a difficult goal for many of us. Keep in mind that Southland did not get to this place of financial peace overnight. It is the result of a lot of prayerful decisions - and some delayed gratification along the way. In the same way, getting to 10-10-80 with your money won’t necessarily happen right away. It’s a process. And it’s a process we want to help you with. Living generously by giving back a portion of your money to God can be made easier with online giving. If you want to reduce your debt, increase your savings, and put a financial plan in place, check out our website for information on Financial Peace classes that will be starting in March. Or if you are not sure where to start and you want to spend time with a Financial Life Coach, contact Candy for more information.