This program works well when conducted by people who are committed to their relationships with the program manager.<\/p>\n
Step 1:<\/strong> FG will review the applicant’s financial situation with total disclosure of their personal financial situation.<\/p>\n Step 2:<\/strong> We then review the financial situation a 2nd time, but this time we view it from the perspective as if the applicant had 0 consumer debt. We have found that if the debt servicing of interest is removed, then the person may be able to create a monthly budget that easily covers obligations and necessities and still have some money to pay off principle on their debt. If a person is in this category, they are likely a good candidate for the *Grace Loan.<\/p>\n Step 3:<\/strong> The applicant’s obligations then need to be reviewed in detail with a view toward reducing or eliminating the current lifestyle items that are unnecessary. Creating an ideal revised budget is the final stage of this step. A budget that the applicant can commit to enabling God to guide the applicant how to steward the overflow above the revised budget of living.<\/p>\n Step 4:<\/strong> The follow up with the recipient in this program is very important and should be a bi weekly review of the revised agreed budget to ensure proper tracking of expenses and the commitments made at the start of the process. Once the tracking is consistent, then a monthly review should be sufficient.<\/p>\n Step 5:<\/strong> Feedback and results. Prayer and spiritual warfare are a required part of the support for the person or family. The enemy and the world system do not easily allow a person to obtain freedom so we must take our stand together in prayer and devotion.<\/p>\n Step 6:<\/strong> Once the process of accountability has been established, and applicant has completed the rigorous educational process they should be in the proper position to receive a financial grace grant or financial grace loan.<\/p>\n","protected":false},"excerpt":{"rendered":" This program works well when conducted by people who are committed to their relationships with the program manager. Step 1: FG will review the applicant’s financial situation with total disclosure …<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/financialgraceministries.com\/wp-json\/wp\/v2\/pages\/189"}],"collection":[{"href":"https:\/\/financialgraceministries.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/financialgraceministries.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/financialgraceministries.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialgraceministries.com\/wp-json\/wp\/v2\/comments?post=189"}],"version-history":[{"count":0,"href":"https:\/\/financialgraceministries.com\/wp-json\/wp\/v2\/pages\/189\/revisions"}],"wp:attachment":[{"href":"https:\/\/financialgraceministries.com\/wp-json\/wp\/v2\/media?parent=189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}