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 »
March 24, 2009
Faith like a child
Yesterday, we spoke of the spiritual life that our Messiah calls us to. Today Jesus teaches us how to seek and find Him and then to achieve a peace and rest in Him. I think this is what many in the world are looking for…a life with less stress, more peace and rest!
The key to faith and growth in Jesus is childlike faith. A big problem in the Church is our constant wrestling over and obsession with complex theology. This blog is no exception. We posted an interview with brothers of the Chinese Church a week ago, and what we see of them who are experiencing an incredibly rich walk with the Lord is the simple faith and trust of a child to his parents. The complex theology does not bring us close to Him, the absolute devotion and commitment of our lives does. Read the rest of this entry »
March 23, 2009
Almost all financial advisors recommend that you invest your money in the stock and bond market, usually through mutual funds, although it could be through wrap accounts, managed accounts, or in individual stocks and bonds.
The emotional rollercoaster of the stock market
All of these options are subject to the schizophrenic, emotional roller coaster of the markets. As you know well, the value of your accounts can go down because of something that has nothing to do with the value of the underlying company. And these negative years hurt far more than the positive years help. So no one does as well as the average return of the investment they are investing in.
Why expose yourself to these risks?
We here at Kingdom Calling are hesitant to take on any of this market risk. Many of our clients pulled money out of the stock market before the serious crash began as they were being educated in stewardship. Some have just recently started looking at the market, but with new eyes. Read the rest of this entry »
March 23, 2009
The Kingdom life taking root
After training and sending off His disciples, which we discussed Friday, Jesus went to preach in the towns of Galilee. It’s interesting that John the Baptist and the disciples were key players in the ushering in of the Kingdom Jesus came to bring, and yet they didn’t really have a clue what God was doing.
Each was an important part of God’s plan, and He worked through them. John heralded the coming Kingdom and yet he did not know what it was. They could not see beyond their own simple understandings. Their world revolved around their own lives and their own deeply ingrained misconceptions. They believed that Jesus would come ahead of an army to kick Rome out of Israel and restore its sovereignty. They had no understanding of the new spiritual life that God wanted to breathe into His people and that He is very patient to bring about the ultimate conquering in order to foster this life within us. Read the rest of this entry »
March 21, 2009
Financial advisors encourage you to be miserly and have the smallest possible impact on the world. This is the same financial advice given in most churches, either because that advice is coming from lay people or from church members who are practicing “traditional financial planning.” And for a lot of folks it’s not horrible advice, because most Americans, and most Christians for that matter, have a terrible spending problem. So the advice is to scrimp and save.
What has your money done for you lately?
Now, saving is important. And not wasting your money frivolously is important. But if that’s where most of your focus goes, you can’t focus on being more productive. If such frivolous spending is a problem, then it needs to be addressed (and sometimes we spend considerable time with clients on this), but once there’s a reasonable amount of discipline here, there is far more that can be accomplished by focusing on producing more with what we have.
So where financial advisors encourage hoarding, Kingdom Calling focuses on cash flow, so your assets can actually send you money instead of giving you only paper gains. Think about it: you can’t eat a paper gain, but you can definitely be hurt by a paper loss. Read the rest of this entry »
March 20, 2009
If you’ve been reading this blog for some time, you may remember me asking the following questions:
Are you in control of your money?
1)Does a bank, or other financial institution want all of your money or just some of it?
2)When you make more money in the future, do they want that too?
3)Do they want to give your money back to you soon or a long time from now?
4)When they do give it back, do they want to give it back all at once or over a long period of time?
Do you remember, or know the answers? Read the rest of this entry »