Christian Financial Advice in Action

by Wes Bridel on August 1, 2012

in Stewardship

Christian Financial Advice has a whole new meaning with the introduction of Your Fruitful Tree.  Stewardship that focuses on safety first & should lead to more growth through an understanding of what’s going on in the world and utilizing the most advanced strategies and products.  On Monday we began a short new series explaining the 5 Step process that is crucial to going through before a product is ever discussed.  Today, we look at the Second P, your current PLACE.

Place:

Where are you now?  A road map is useless if you don’t know where you currently are.  Likewise, you may know exactly where you are financially, but we can’t offer any advice if we don’t also know where you are in order to help you get where you want to go.  So we get to work finding out exactly where you are today.

We need to not only know the facts on paper, but how you feel about the different things that you’re doing.  If you consistently lose money day trading the stock market, but it’s your favorite hobby, it makes no sense for us to try and talk you out of it.  So it needs to be incorporated into your plan because you’re going to keep that account  no matter what anyone says.

That’s an extreme example, but a similar situation might be that you have an account with a certain broker and are very happy with it.  It’s not our job to tell you what you should or shouldn’t do with your assets.  Who knows, we might be so impressed, we refer other clients that broker’s way?  Christian financial advice should bring all parties to work together.  The decisions about what to do with your money are always up to you.  But it is important that we know the types of things that you’re doing so that we can see if other tools can be added to your toolbox to complement what your current strategies.

Sometimes we meet with people who have accounts that they absolutely hate.  If this is you, you may have money earning nothing at the bank, but you’re too scared to move it anywhere else for fear of loss.  Or, you might have money in accounts that are constantly giving you heartburn, but you simply don’t know what else to do with these monies.  Or perhaps, you have an account that has actually done pretty well, but you are beginning to suspect that you’re taking on a lot more risk than you would prefer and you have a feeling the house of cards might soon come crashing down?  Others of you might simply be doing what you’re doing because you don’t know that there are better options out there.

These are the types of things that we need to know before you can move forward with strategies to persevere and prosper in any market conditions that might come your way.

To review, we now know where you want to go, and where you currently are.  That’s the beginning of sound Christian Financial Advice.  That makes the next couple of steps a whole lot easier.  We’ll cover the next step soon.

If you’d like a free consultation to see how if this process could work for you, fill out the Contact Form here, or call the number at the top of your screen.

If you’re new to the blog, you should read the Economic forecasts we’ve been making which started here. and the Overall Prediction Page here.  Here are the rest of the posts:  3) Ben Bernanke’s Dollar Devaluation Plan, 4) The Coming US Dollar Devaluation, 5) Stock Market Volatility, & 6) Stocks to Fall in 2012, 7) The European Crises, & 8) European Options, 9) European Prediction, 10) Recession in Japan, 11) Japanese Yen Crash,12) War with Iran, 13) Jewish Perspective on Iran, 14) Commodities to End 2012 Lower, 15) Where Will Gold Go Next?, 16) Gold, Should you Wait?, 17) Will Silver Move Higher?, & 18) Why Buy Silver Now?, 19) Oil Prices to Explode Higher, 20) Bonds Will Fall, 21) US Dollar, 22) European Recession, 23) Sovereign Default in Europe, 24) China’s Slowing, 25) US Recession., 26) Currency War, 27) Deflationary Crash, & 28) Hyperinflation.

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