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The CrownBiblical FinancialStudyP R AC T I C A LA P P L I C AT I O NFORMSPlease note that you can conveniently type text and numbers into these documents andsave your work. However, these documents will not automatically calculate your financialdata. To automatically calculate your financial data, please use the provided Excelspreadsheet versions on the Life Groups page at crown.org.crown.org

PERSONALFINANCIALSTATEMENTDate \ \Assets (Present market value)Cash on hand/Checking accountSavingsStocks and bondsCash value of life insuranceCoinsHomeOther real estateMortgages/Notes receivableBusiness valuationAutomobilesFurnitureJewelryOther personal propertyPension/RetirementOther assetsTotal Assets Liabilities (Current amount owed)Credit card debtAutomobile loansHome mortgagesPersonal debt to relativesBusiness loansEducational loansMedical/Other past due billsLife insurance loansBank loansOther debts and loans Total Liabilities Net Worth (Total assets minus total liabilities)

Quit claim deedThis Quit Claim Deed, Made the day ofFrom:To: The LordI (we) hereby transfer to the Lord the ownership of the following possessions:Witnesses who hold me (us) accountablein the recognition of the Lord’s ownership:Stewards of the possessions above:This instrument is not a binding legal document and cannot be used to transfer property.An electronic copy is available on the Life Groups page at crown.org

DEBT LISTDescribe WhatWas PurchasedCREDITORDate \ \MonthlyPaymentsBalanceDueScheduledPay-Off DateInterestRatePaymentsPast DueMonthlyPaymentsBalanceDueScheduledPay-Off DateInterestRatePaymentsPast DueMonthlyPaymentsBalanceDueScheduledPay-Off DateInterestRatePaymentsPast DueMonthlyPaymentsBalanceDueScheduledPay-Off DateInterestRatePaymentsPast DueTOTALSAUTO LOANSTOTALSHOME MORTGAGESTOTALSBUSINESS / INVESTMENT DEBTTOTALS

VARIABLE EXPENSESDate \ \SAMPLESPENDINGCATEGORYESTIMATED COSTPER MONTHESTIMATEDYEARLY COST1Vacation720.00 12 60.00 2Dentist120.00 12 10.00 3Doctor240.00 12 20.00 4Automobile 12 12 Health Insurance 12 7Auto Insurance600.00 12 50.00 8Home Insurance Clothing1,128.00 Investments 11 12 56910Life InsuranceSPENDINGCATEGORY12 12 12 12 12 94.00 ESTIMATED COSTPER MONTHESTIMATEDYEARLY COST1Vacation 12 2Dentist 12 3Doctor 12 4Automobile 12 5Life Insurance 12 6Health Insurance 12 7Auto Insurance 12 8Home Insurance 9Clothing Investments 11 12 1012 12 12 12 12

ESTIMATED SPENDING PLANDate \ \MONTHLY INCOMEGross Monthly Income SalaryInterestDividendsOther Income Less1. Tithe/Giving2. Taxes(Federal / State / Fica) 7. Debts (not including house or auto)8. Entertainment/ RecreationEating outBabysittersActivities/TripsVacationPetsOther Net Spendable Income 9. Clothing MONTHLY LIVING EXPENSES10. Savings 3. Housing11. Medical / Dental Mortgage/RentInsuranceProperty taxesCable eInternet serviceOther 4. Food 5. Transportation PaymentsGas & er6. InsuranceInsuranceLifeHealth/DentalDisabilityOther DoctorDentistPrescriptionsOther 12. dry/CleanersAllowancesSubscriptionsGiftsOther 13. Investments 14. School / Childcare TuitionMaterialsTransportationChildcare TOTAL LIVING EXPENSES HOW THE MONTH TURNS OUTNET SPENDABLE INCOME – TOTAL LIVING EXPENSES SURPLUS OR DEFICIT

SPENDING PLANANALYSISGROSS INCOME PER YEAR GROSS INCOME PER MONTH GUIDELINE NET SPENDABLEINCOME PER MONTH MONTHLYPAYMENTCATEGORYDate \ E OR -NEWMONTHLYPLAN1Tithe 2Tax Net Spendable Income(per month) 3Housing 4Food 5Transportation 6Insurance 7Debts 8Entertainment / Recreation 9Clothing 10Savings 11Medical/Dental 12Miscellaneous 13Investments 14School/Childcare Totals (Items 3-14) REMINDER: The guideline percentages are not absolutes! Actual percentages vary, because different factors will influence whatyou spend, such as the cost of housing in your area, whether you are married, and the number of children you might have.

SNOWBALLSTRATEGYTO WHOMOWEDCONTACTINFORMATIONDate \ \PAY OFFPAYMENTSLEFTMONTHLYPAYMENTDUEDATE%INTEREST

DEBT REPAYMENTSCHEDULECREDITOR:Date \ \DATE:WHAT WAS PURCHASED:AMOUNT OWED:DateINTEREST RATE:AmountPayments RemainingBalance Due

PERCENTAGESPENDING PLANGROSS INCOME 1Tithe/Giving 2Taxes NET SPENDABLE INCOMESPENDING CATEGORYDate \ \ PERCENTAGENSI*AMOUNT3Housing 4Food 5Transportation 6Insurance 7Debts 8Entertainment / Recreation 9Clothing 10Savings 11Medical/Dental 12Miscellaneous 13Investments 14School/Childcare1 Total (cannot exceed Net Spendable Income)*Net Spendable Income1If you have this expense, this percentage must be deducted from other spending plan categories.

MONTHLYSPENDING PLAN - AIncomeCATEGORYAllocated rationInsurance h15thThis Month th27th28th29th30th31stThis Month TotalThis MonthSurplus/DeficitYear to DateSpending PlanYear to Date TotalYear to DateSurplus/DeficitPlanSummaryThis MonthTotal Income Minus Total Expenses Equals Surplus/Deficit Previous Month/Year to Date Total Income Minus Total Expenses Equals Surplus/Deficit Year to Date Total Income Minus Total Expenses Equals Surplus/Deficit

MONTHLYSPENDING PLAN - BDebtsCATEGORYAllocated ical/DentalSavingsMiscellaneousSchool/Child CareInvestments h15thThis Month th27th28th29th30th31stThis Month TotalThis MonthSurplus/DeficitYear to DateSpending PlanYear to Date TotalYear to DateSurplus/Deficit

CATEGORY PAGE(Individual Account Page)CATEGORY:DateCheck #TransactionDepositWithdrawalBalance

IDEA LISTNumberIdeaDecreaseExpensesIncreaseIncomeRaise Cash(sell things)

LIFE INSURANCEWORKSHEETDate \ \SAMPLEGROSS MONTHLY INCOMEPresent annual income needs: 53,280Subtract deceased person’s needs:9,000 Subtract other income available:10,000 (Social Security, investments, retirement) Net annual income needed:34,000 Net annual income needed, multiplied by 12.5 (assumes an8% after-tax investment return on insurance proceeds):428,500 LUMP SUM NEEDSDebts:8,000 Education:20,000 Other:0 28,000 Total lump sum needs:TOTAL LIFE INSURANCE NEEDS: 456,500GROSS MONTHLY INCOMEPresent annual income needs: Subtract deceased person’s needs: Subtract other income available: (Social Security, investments, retirement) Net annual income needed: Net annual income needed, multiplied by 12.5 (assumes an8% after-tax investment return on insurance proceeds): LUMP SUM NEEDSDebts: Education: Other: Total lump sum needs:TOTAL LIFE INSURANCE NEEDS: Once you have quantified your approximate life insurance needs, deduct the amount of your present life insurance coverage todetermine whether you need additional life insurance. Then analyze your spending plan to determine how much new insurance youcan afford. Seek counsel to decide the precise amount and type of insurance that would meet your needs and spending plan.

ORGANIZINGYOUR ESTATE - ADate \ \WILL AND/OR TRUSTThe Will (Trust) is located:The person designated to carry out its provisions is:If that person cannot or will not serve, the alternate is:Attorney:Phone:Accountant:Phone:INCOME BENEFITS1. Company BenefitsMy/our heirs will begin receiving company benefits as follows:Contact:Phone:2. Social Security BenefitsTo receive Social Security benefits, go in person to the Social Security office located in:This should be done promptly because a delay may void some of the benefits. When you go, take the following:(1) my Social Security card; (2) my death certificate; (3) your birth certificate; (4) our marriage certificate; (5) birth certificates for each child.3. Veterans’ BenefitsAre you eligible for veterans’ benefits?YesNoTo receive these benefits, you should do the following:4. Life Insurance CoverageInsurance company:Face valuePolicy #:Person insuredInsurance company:Face valuePolicy #:Person insuredInsurance company:Face valueBeneficiaryBeneficiaryPolicy #:Person insuredBeneficiary

ORGANIZINGYOUR ESTATE - BDate \ \FAMILY INFORMATIONSSN:Family member’s name:Address:SSN:Family member’s name:Address:SSN:Family member’s name:Address:SSN:Family member’s name:Address:SSN:Family member’s name:Address:MILITARY SERVICE HISTORYBranch of service:Length of service:Service number:From:Until:Rank:Location and description of military documents:FUNERAL INSTRUCTIONSFuneral Home:Address:You request burial in the following manner:You request that memorial gifts be given to the following church/organization:Address:Address:Phone:

MY LIFE GOALS - ADate \ \GIVING GOALSWould like to give percent of my income.Would like to increase my giving by percent each year.Other giving goals:DEBT REPAYMENT GOALSWould like to pay off the following debts UCATIONAL GOALSWould like to fund the following education:PersonSchoolAnnual costTotal costOther educational goals:LIFESTYLE GOALSWould like to make these major purchases: (home, automobile, travel, appliances)ItemWould like to achieve the following annual income:Amount

MY LIFE GOALS - BDate \ \SAVINGS AND INVESTMENT GOALSWould like to give percent of my income.Other giving goals:Would like to make the following investments:Would like to provide my/our heirs with the following:STARTING A BUSINESSWould like to invest in or begin my/our own business:Describe your standard of living that you sense would please the Lord.Amount

MY LIFE GOALS - CDate \ \VOLUNTEER/MINISTRY GOALSFINANCIAL GOALS FOR THIS YEARI believe the Lord wants me/us to achieve the following goals this year.Financial Goals12345678910God’s PartMy/Our Part

PERSONAL FINANCIAL STATEMENT Assets (Present market value) Liabilities (Current amount owed) Total Liabilities. Net Worth (Total assets minus total liabilities) . 14th. 15th 16th. 17th 18th. 19th 20th. 21st 22nd. 23rd 24th. 25th 26th. 27th 28th. 29th 30th. 31st En