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 19, 2009
My years as a traditional financial advisor, before I questioned the status quo and began focusing on stewardship, taught me a lot. One of the most salient things I gleaned in those years was that fact that your standard financial advisor can’t, over time, really help you out-perform the market. But they may well help you under-perform the market. In fact that outcome is far more likely.
Do you feel like you're not going to make your dreams a reality?
I also realized that when you’ve acquired “enough” assets to reach your current “goals,” financial advisors will routinely encourage you to be less efficient moving forward. They won’t tell you this, of course, but that’s typically what their recommended course of action “says.” So one of the great products that a relationship with a financial advisor can offer you – is a shiny new glass ceiling for you, your money and your dreams. Read the rest of this entry »
March 18, 2009
I feel sorry for most of the common people I hear about who have lost wealth, lost their way, or both in the financial storm we’re currently weathering.
You are your best ally
“Why cry for those whose fault it is?” I’ve been asked. Certainly these people were at fault.
One can throw blame upon many right now, and that’s not my goal. What’s more important is what has been lost. And I’m not talking about money. That’s easy enough to get back. The worst thing that happened to those who followed the direction of a financial advisor to their present state, is their forfeit of power and self-direction.
This forfeit occurred the first time money and trust were handed to a financial advisor. Which is why the FA/client model is such a bad idea. It teaches you to follow others and their direction, not you and yours. Read the rest of this entry »
March 17, 2009
Kingdom Calling cannot and does not try to predict the future.
Trying to predict the financial future can be misleading
If you’re working with a financial advisor that does, it’s probably time for you to question your direction.
Instead, Kingdom Calling tries to plan for every contingency while focusing on maximizing the efficiency of your plan. By doing so, we are able, in most cases, to grow your wealth far beyond what any financial advisor considers possible.
Kingdom Calling focuses on Cash Flow and Velocity, as opposed to Hoarding. In doing so, we employ the same effective growth strategy employed by the wealthy and most successful financial firms (those who practice sound principles), while simultaneously staying true to the word of God.
Financial planning is really quite simple: plug-in an assumed rate of return, inflation percentage, number of years until your retirement or goal, and an assumed amount of money you will “need” at that time. Then leather-bind the 200 page plan so it looks weighty, important and worth the price.
The problem with this method? Read the rest of this entry »
March 11, 2009
Many people outside the Church practice tithing (continued from yesterday).
Do you trust God to be faithful as you tithe?
People of other religions do it. I’ve seen modern financial books that I would consider “new age” that promote tithing in some form. They all receive a blessing for doing this. And yet too many of us in the Church look suspiciously at a pastor or don’t trust God enough to give the tithe and receive this blessing. Jesus is telling you here not to make that mistake. The principle works and that is one reason why He commands it. He does not command things of you to punish you. He knows how you will be blessed and He has provided a guidebook to help you be blessed. Use it! But when you do give faithfully out of duty, something interesting happens.
We realize that God really does bless us as we are faithful in giving Him the tithe He commands. Sometimes it’s amazing. We spoke earlier of stories where a person gets a check in the mail or an extra paycheck they weren’t expecting which helps them get by after dutifully tithing when it seemed impossible. Read the rest of this entry »
March 6, 2009
Our temptation is to look at our own circumstances and decide that they are too difficult and to say that God understands your reasons for not tithing. Please understand that Satan tells everyone this when they’re not in the habit of tithing. By following the wrong master you’re are not allowing God to bless you in the way that He wants to and promises that He will.
Ever feel like you're in a tug of war with your money?
In Malachi 3, God tells us that we are robbing Him when we do not give a tithe. This is hard to understand if we don’t see that God owns everything and that which you have, He has freely handed to you. But He has also instructed you to give back to Him a tithe and offerings. He also says that when we do not, we are under a curse. This is not the framework from which we want to build wealth.
The good news is that He goes on to say that He will bless us immensely when we do bring the tithe to Him. He even says that we can “test Him” on this and watch as He “opens the floodgates” to us. He will protect our assets and cause them to grow. Why wouldn’t we want God actively blessing our labor to create wealth like this? Read the rest of this entry »
March 4, 2009
The tithe is one of the most important things we can do to grow and steward our wealth. Yet most people unaccustomed to this practice or new to faith are horrified by the idea. They feel that they don’t have enough to be giving much away; or that if they did, there would be nothing left to invest. Some just think that their Pastor/Preacher/Priest is just trying to get money out of them.
"But I need it!"
This is just worldly thinking that shows no understanding of the ways of God.
As Paul said, “For God chose the foolish things of the world to shame the wise…” (1 Cor 1:27-29) It may not seem logical, but tithing and offering is essential if you as a Believer want to amass wealth. We’ll show you how and why in the next few posts, in part, by looking at some history as a guide.
We’ll look at:
- Cain & Abel
- Abraham – Melchizedek
- Mosaic Law
- Malachi’s promise to us
- The tithe that God paid to us Read the rest of this entry »