Search results
At Peak Financial, as Christian Financial Advisors, we believe that it's possible to manage your money in a way that honors God and aligns with your values. By anchoring your financial plan in biblical wisdom, you can find peace of mind, achieve your goals, and most importantly, become a faithful steward of God's blessings. In this blog post ...
- What Is Financial Planning?
- What Is Biblical Financial Planning?
- Traditional vs Biblical Financial Planning
- Worldview Matters
- The Challenge
- Application
- Final Thought
- Points to Consider
Modern financial planning started in the late 1960’s, but over the last 10 years or so has become more of a focus for financial advisors and the investing public. Financial planning is the process of examining the entire picture of a person’s finances, establishing goals and then aligning their finances in a way to achieve those goals. It utilizes ...
Though financial planning is relatively new, the Bible has been around much longer and has a great deal to say about finances. In fact, the Bible has over 2,350 verses that deal with money, making it the second most discussed topic. Since it has a lot to say on the topic, it should be important for Christians to consider as they make financial deci...
The interesting thing about traditional financial planning is that it actually relies heavily on Biblical principles. After all, the Bible came first and provides great wisdom on finances and wealth. Here are a few common principles you may have heard about, that are mentioned in the Bible: 1. Spend less than you earn – Proverbs 13:11 “Wealth gaine...
The focus of traditional financial planning is about maximizing the benefit for you and your glory. Biblical financial planning is about maximizing the benefit for God’s glory. The core difference is our worldview. One is focused on ourselves and the other is focused on God. Over the years I have had the privilege of working with very generous clie...
When we pursue Biblical financial planning, there are a few areas to be aware of: 1. FiltersWe all have filters in our lives (from our upbringing, our sin etc) that shape the way we see the world and understand the Bible. Sometimes in a good way, but many times it distorts our view, making it hard to clearly see and understand Biblical principles. ...
There are a few ways to reduce these areas of concern: 1. Take time to study God’s Word There is no book of money in the Bible, but spending time to read more about what God has to say on money is a wise use of our time. 2. Ask God for wisdom as you enter each decision James 1:5 says “If any of you lacks wisdom, let him ask God, who gives generousl...
Someday we will stand before the Lord and give an account for how we managed what He gave us. God has provided us principles to follow and other tools to help us determine our convictions. Ultimately, we need to be willing to continue to learn and be challenged in our stewardship journey. This is a lifelong process. Allow others to ask you the hard...
Are you (and your financial advisor) viewing your finances from the world’s perspective or from a Biblical perspective?Money is not the end goal, but a tool to help you achieve your goals.Have you done the work to define your convictions on money? When was the last time you reviewed them?Are your financial goals centered around your comfort and selfish needs, or focused on God’s glory?Mar 3, 2024 · 5 Strategies to Manage Finances God’s Way. Pray for Wisdom. James 1:5 tells us, “ If any of you lacks wisdom, you should ask God, who gives generously to all without finding fault, and it will be given to you. Begin your financial journey with prayer. Ask for God’s guidance to make wise decisions.
- Chris Cagle
- Saving for Future Needs Is Biblical. Some Christians don’t save for retirement because they believe it’s disobedient (usually quoting Matt. 6:19–20), or they feel guilty about putting money away when others are in such great need.
- Saving Honors God and Serves Others. It would be easy to think of saving as a purely selfish activity. That can indeed be the case—we need only read about the rich fool in Luke 12—but it doesn’t have to be.
- Procrastination Is a Mistake. We all tend to put things off. But by failing to save early, you forfeit one of the most potent financial forces: tax-free compound interest, or earning interest on interest.
- Debt Is Debilitating. The Bible isn’t silent about debt. There obviously weren’t Visa cards or auto loans in Jesus’s time, but lending and borrowing were part of the economic landscape.
Jun 8, 2020 · Biblical Financial Advice on Tithing. It is impossible to discuss biblical financial planning without discussing tithing. Tithing is the practice of giving 10% of your earnings back to the church or to charity as the Israelites did. Many believe that tithing is a core principle of biblical finances, as it ties your financial situation to God ...
Oct 14, 2022 · The 5 Pillars of Christian Financial Planning. You need to budget — most financial experts would say — and save money, pay off debt, and invest in order to be successful with your finances. Managing your finances involves balancing a lot of moving parts. How do you make it all work?
People also ask
Do Christians need a financial plan?
What is biblical financial planning?
What is the difference between traditional financial planning and biblical financial planning?
Is tithing a biblical financial plan?
Why is financial planning important?
How do I Manage my finances?
Apr 15, 2005 · The first important aspect of financial planning to consider is your purpose. Your purpose in life and the purposes that God calls your family to will have a great impact on the way you manage the ...
