Modified Inductive Study Method
This study uses a modified inductive study method to engage people in God’s word. This method includes making observations on a passage of Scripture and then drawing conclusions based on those observations. Compass financial discipleship studies utilize four key components: prayer, observation, interpretation, and application.
Prayer – Ask for Guidance. Pray for the Holy Spirit’s guidance as you begin reading passages of Scripture. Ask for clarity and insight as you engage in God’s word.
Observation – What Does the Text Say? Pay close attention to what the text actually says. Gather facts like an investigative reporter. Answer questions to help you observe the facts: Who? What? When? Where? How? Why? Take note of any key words or phrases that stick out to you.
Interpretation – What Does the Text Mean? What is the author’s intent in this passage? What is one principle or lesson God is communicating through these words? What does the author seem to want you to wrestle with or learn? What are your life experiences related to the meaning of the passage?
Application – How Do I Apply the Text? How can I apply the heart of this message to my life and finances?
Compass Commentaries. At the end of each day's homework are the Compass Commentaries. These commentaries are there to give you additional insight into the scripture passage(s) for that particular day's homework.
Please note – The daily Scripture verses used in this study are taken from the ESV version of the Bible unless otherwise noted. Please feel free to use a different Bible version if you desire.