Financial Planning

Characteristics of A Good Financial Planning Service and How to Choose One    

Many people dream of growing long-term wealth. However, finding a way that aligns with one’s beliefs and values is essential to doing it effectively.

Do you have what you need to succeed at financial planning, Christian? To succeed, it is vital to understand the difference between secular and Christian planning.

Christian financial planning is unique and reflects the gospel in it. It reflects a desire to do everything according to the values of God.

Here are a few essential features of a good biblical financial planning service and key pointers to consider while choosing one.

3 Prime Look Outs For A Good Financial Planning Service

 Good Financial Planning Service
1. Focused on the Gospel
2. Faith Oriented
3. Prayer Saturated

1. Focused on the Gospel

This planning is focused on biblical principles and grasps the ultimate treasure, God himself. It is beneficial in understanding the purpose of life and changing the future. It reflects the values and ethics of Christianity in everything one does, including investments. The lifestyle, retirement plans, home, cars, etc., will convey God’s ideas.

2. Faith Oriented

This form of planning is, secondly, faith-oriented. The plan is built upon the fact that people should not be driven by money but by the purposes and promises of God. If people follow the principles God teaches us in His Word, he will be faithful to do the things he has promised. Remember, health can deteriorate, and jobs can go away, but the Word of the Lord endures forever.

3. Prayer Saturated

The intention of the plan should be saturated with prayers. People are easily attracted to worldly things and fall into traps. It is essential to pray and learn what’s important. Most people do not pray because they focus more on their agendas than God. As per Biblical advice, anyone who lacks wisdom must ask for it, and we must ask for it through prayer.

Things to Look for in a Christian Financial Advisor

Christian Financial Advisor
  • First, understand that in financial planning, Christian advisors’ belief systems, styles, and strategies should all be built around a proper understanding of Scripture. An advisor must help an individual to align with the Christian faith through the process of investing. They must understand Biblically Responsible Investing.
  • BRI is similar to Socially Responsible Investing but is different at its core. A BRI strategy directs investors to avoid obtaining profit from the sale of goods or services that do not align with biblical values. Instead, they encourage people to invest in ways that give back to the community. Look for a financial advisor who advises you to put your investments in righteous resources and not otherwise.
  • Besides Christian values, it is also vital to check if the services align with individual needs. If a person is looking for long-term investment, it is not ideal to go for perfect services that offer short-term goals.
  • Look for an advisor who is dutiful and acts in the best interest of their clients and not themselves—being fiduciary means that an advisor is legally allowed to make decisions on a person’s behalf.
  • Research online and connect with experienced Christian financial advisors. Take referrals from friends or family to find suitable options. It will help understand what suits the needs and is best for an individual.

Final Thoughts

The path of searching for a Christian financial planning service is similar to other services. Understanding the needs and demands is vital to making the right choice. Stay open-minded and interview many advisors to find the one that best suits you.

Integrating faith and finance can make a huge difference in a person’s life. The driving motivation of this form of planning makes it different from other financial planning. It is about connecting biblical principles with all aspects of financial decisions.

It is comfortable to work with someone who has applied the same principles as you can be sure that your hard-earned money would be put to the right use, according to your values. The right advisor will help create a plan that includes charity in the biblical framework.

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About Author

Sumona is the publisher for Okey Magazine. In terms of professional commitments, she carries out publishing sentient blogs by maintaining top-to-toe on-page SEO aspects. Follow more of her contributions at SmartBusinessDaily and FollowtheFashion

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