Learning how to manage your money is essential in today’s day and age. Be it a large company or individual; financial planning significantly impacts the future.
But how do you make sure your investments are in line with your faith? How do you know the profit you are earning does not involve sinful activities?
Faith based financial planning is an approach that aligns biblically responsible decisions with finance.
What is Faith-Based Financial Planning?
Several principles in the bible can be used as guides for financial planning. For example, according to proverbs 3: 5-6, you need to put your trust in the lord as he is the giver of resources.
According to Mathew 25: 21, God loves people who faithfully manage the resources he gives to them. It also means your finances need to be transparent. You should know where and how you are making money from.
Financial planning based on faith involves dealing with Christian advisors whose values and principles align with your own. You will make money by investing in companies that add value to the world around them. For example, they support the cause of fighting cancer or bringing clean water to the needy.
You can work with investment firms that carefully consider companies’ moral and ethical standards. They will bring only the best companies that pass their screening test to you.
Benefits of Faith-Based Financial Planning
When investing in a company, you need to know the money will be used for good. Therefore, the interest that you earn aligns with the biblical values you follow.
Going with a firm that offers financial planning based on faith, you can rest assured you will not be dealing with sinful companies that:
- Manufacture pornographic content
- Promote abortion
- Cultivate or sell cannabis
- Manufacture or sell tobacco or other alcoholic beverages
By connecting with an informed Christian advisor, you can have the confidence that your financial goals will be met while giving your faith an equal priority. In addition, you will be working with an experienced team that will closely monitor and manage your finances.
You can also ask questions and learn about the common investment mistakes Christian investors make.
How to Get Started with Financial Planning?
You can get started by contacting an investment firm through call, email, or website.
A Christian advisor will get in touch with you to understand your financial goals and investments and evaluate if the companies you are working with are involved in any immoral activities.
The advisor will provide you with a biblically responsible investment plan depending on your unique situation. The plan will ensure that you are only working with companies that champion positive outcomes in the world.
Your investments will be transparent. At any time, you can contact your Christian advisor to learn about the activities you are profiting from.
If you want to ensure you are growing your money through highly ethical and moral means, explore the strategy of faith based financial planning. This strategy helps align your financial goals in a biblically responsible way. You will only invest in companies helping the world around them while keeping their moral value intact.