An Introduction to the Ten Principles of Biblical Wealth Management
Our new workshop entitled “Managing God’s Wealth Wisely” is a workshop that teaches how to manage wealth from a Biblical worldview by utilizing all the resources God has entrusted today, and planning for wisely passing them to the next generations. For a Christian, all financial decisions should be spiritual decisions incorporated into your faith that reflect your values.
What does the Bible says about banking, insuring, investing and educating? It is essential to understand why Biblically responsible wealth management is so important for people of the Christian faith. Many of our Christian brothers and sisters are unaware that such a method exists, unknowingly allowing their finances to support certain causes that they may not agree with. In my work everyday, I have kept in mind ten Biblical principles that are applicable and crucial to morally responsible wealth management.
As an effort to expand upon the Managing God’s Wealth Wisely” workshop, I would love to share these “Ten Principles of Biblical Wealth Management” with you all. These principles have been a part of CFAA’s foundation, a sort of code that we adhere to here. Next week I will begin to share the first principle of seeking Biblical and financial counsel. Let me leave you with a verse to think about for next week’s blog on this subject.
“ Without consultation, plans are frustrated, But with many counselors they succeed.”
Proverbs 15:22, NASB
The views expressed represent the opinion of Christian Financial Advisors®. The views are subject to change and are not intended as a forecast or guarantee of future results. This material is for informational purposes only. It does not constitute investment advice and is not intended as an endorsement of any specific investment. Stated information is derived from proprietary and nonproprietary sources that have not been independently verified for accuracy or completeness. While Christian Financial Advisors® believes the information to be accurate and reliable, we do not claim or have responsibility for its completeness, accuracy, or reliability. Accordingly, such statements are inherently speculative as they are based on assumptions that may involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such statements. Past performance is not indicative of future results. For any discussion of equity securities: Investing in equity securities involves risks, including the potential loss of principal. While equities may offer the potential for greater long-term growth than most debt securities, they generally have higher volatility. For any discussion of taxes: Christian Financial Advisors® does not provide tax advice and encourages you to seek guidance from a tax professional.