Publication Date

4-2022

School

School of Business

Major

Business Administration

Keywords

impact investing, Biblical finances, God and money, the Bible and money, retirement planning, estate planning, insurance planning

Disciplines

Business | Finance and Financial Management

Abstract

Financial planning is a broad discipline that involves many different categories of work. Professionally, the goal of financial planning is to help a client invest according to his/her personal needs in such a way that minimizes risk. From a Christian perspective, financial planning is about stewarding what God has given. Combining these perspectives means helping a client invest their finances in such a way that minimizes risk and accomplishes the goals of God. While simply stated, this is a complex and profound topic. To bring greater clarity, financial planning can be broken down into categories, four of which are retirement planning, investing, insurance planning, and estate planning. These categories help isolate different aspects of financial planning to understand what the industry entails, as well as provide frameworks through which financial planners can search scripture for biblical principles on wealth management.

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