Chapter 9: Managing Financial Crisis

MY FOUNDATION PRINCIPLE

• Communicate: Petition and Listen

FINANCIAL PRINCIPLES AND SKILLS

1. Protect Your Family from Hardship (Managing Crises)

REPORT — Maximum Time: 25 Minutes

LAST WEEK’S COMMITMENTS:

A. Practice and share last week’s My Foundation principle.

B. Determine how much extra I can pay toward eliminating debt, which loan to begin paying off first, and create a debt elimination plan.

C. Discuss my debt elimination plan during my family council.

D. Contact and support my action partner.

STEP 1: EVALUATE WITH ACTION PARTNER (5 minutes)

✏️ (Please use a separate app or notes application to participate in this exercise)

Take a few minutes to evaluate your efforts to keep your commitments this week. Use the “Evaluating My Efforts” chart at the beginning of this workbook. Share your evaluation with your partner and discuss with him or her the question below. He or she will then initial where indicated.

Discuss: What challenges did you have with keeping your commitments this week?

STEP 2: REPORT TO THE GROUP (8 minutes)

After evaluating your efforts, come back together and report your results. Go around the group and each state whether you rated yourself “red,” “yellow,” or “green” for each of last week’s commitments.

STEP 3: SHARE YOUR EXPERIENCES (10 minutes)

Now share as a group the things you learned from striving to keep your commitments during the week.