March 24, 2009
Most financial advisors lead people to produce financial plans that are fraught with risk.
Are you gambling with your financial security?
When it comes to “Protection,” such as insurance, financial advisors typically choose to offer plans in which you end up paying the highest premiums for the lowest benefit – exactly as the insurance companies like it. Using these plans people usually expose themselves to way too much risk in every single area of their insurance. One’s insurance should be a solid foundation that protects your financial house from ruin. Most people I first meet think they have their’s well taken care of, but as they become more educated end up changing almost every single decision they had previously made. Read the rest of this entry »
December 23, 2008
We’ve been discussing the 7 stages to get to proper financial stewardship. Today we’ll concern ourselves with stage 3: the Castle/Moat Blueprint.
Great castles of the middle ages had two things in common. To protect their glorious, high-rising structures, kings would dig a moat around them, and enclose them within an armor of high, strong walls. We at Kingdom Calling employ this same principle for our clients, and recommend anyone on the road to financial stewardship for God do the same.
Most people are focused on building pretty castle turrets, but they forget the walls and the moat that make the the castle turrets possible. A strong foundation to your plan is essential. We discuss every area of protection: insurance, legal arrangements such as wills & trusts, and corporate structures, and cash reserves. I’ve never met anyone who didn’t have big holes in their protection when we first met. Often they have made decisions in a hurry, based on too little education, or based on price…often all three. It is often possible for you to have a far greater level of protection at a smaller cost, simply by educating yourself. Read the rest of this entry »
December 15, 2008
Being the steward of your finances, and by extension, your life, in a way that enables you to follow God’s calling, happens best by following a 7 stage process. Each step allows you to take the next, so at the end of the process you understand your path, and the way sound financial stewardship opens your life to it. Read the rest of this entry »