Showing posts with label Financial Evangelist. Show all posts
Showing posts with label Financial Evangelist. Show all posts
Thursday, 10 September 2015
Monday, 31 August 2015
The Heart of Financial Stewardship
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| Image by pjefc.org |
At the heart of 2008 global recession, many individuals were eaten up by two emotional juggernaut namely greed and fear, when you cannot manage both it can paralyze or decapitate your long-term financial success. Like any other financial crisis the self-preservation became the starting point of a longer process of economic recovery. The good news is there’s hope that we can outsmart that thinking by knowing who we are and what character should we learn in handling our finances.
A Christian perspective towards global economy should be different from common people. Your true identity that you need to embrace is you are a very wise fund manager who properly allocate money not only for your existence but also to use it in a more unselfish ways. You don't own anything, that big house that you have, those large asset class portfolios, tons of businesses you are managing are just all resources. A simple principle can be found from the first commandment given to Adam (the first man in the book of Genesis)was to manage everything he could see in the garden. Stewardship is more than spending, saving and investing.
Giving is the center of every financial management. If you wanted to change the course of your community and a nation you should also include your money that you are using as you serve today. Look into the philanthropic activities of those large organizations, the upcoming trend of social entrepreneurship that giving back to our society and environment. These are some good ways of managing funds. As we relate it to your personal finance, learn to give. I recently had a conversation with a highly respectful doctor. He told me that he have investments in different asset class such as mutual funds, stocks, real estate properties and more than enough cash to live but his problem is he still thinks those money are still not enough for him even he’s been frugal throughout his life. I asked him “How’s your giving fund?”, he responded with pure honesty and told me that “I noticed that as I grow older, wiser and earning big bucks I’m becoming more selfish”. Advertisements nowadays says about having more means you’ll be happier but for how long? I cannot blame that doctor, because inside our inner system giving is total counter intuitive.
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| Image by Wallpoper |
Your goal is to maximize your money while you are here on Earth. In a simple context use your funds not just for your pleasure but learn to give and stop using the clench fist financial planning. In God's economy we are all blessed and no scarcity. When you practice being a good manager and conscious leader definitely you will inspire your followers or even young generations. You will stop a vicious cycle that will free everyone from a self entitled culture.
Giving your Tithes, supporting worlds missions, continuously funding a non -profit organization to reach wide range of people are outstanding forms of selflessness. Money can be use to sustain wars, build iron towers, create roads and expand the kingdom of God. After all, it can change lives.
Let us all make poverty a history
David Isaiah Angway is a Financial Evangelist
Monday, 17 August 2015
10 Questions to ask your financial adviser
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| Image by Project Debt Relief |
By doubting we are led to question, by questioning we arrive at the truth. - Peter Abelard
- What are your qualifications and background in financial planning? – As much as possible you want to check and investigate the credentials of your potential adviser. Trust is the currency of relationships. If you think their competencies won’t work with you. Be honest and decline their services.
- What services do you provide? Financial Adviser is a general term that offers a lot of services such as providing a detailed plan for insurance, estate planning, debt resolution and even coaching. They are preventing you from getting scam. Understanding what they offer will lead to growth of your asset and finding a long term resolution to your existing problem.
- How does your faith affect your investment philosophy/strategy and recommendations for clients? Advisers are summation of values, beliefs, habits and life experiences. Extracting this will give you an idea whether your potential advisers have biases that might not be beneficial for you. If it make sense, it will make sense.
- How are you paid? Knowing how your potential adviser will be compensated from their expertise is essential to maintain really good working relationship with them.

Image tompkinstrust
- How much do you typically charge? This will reveal if you can afford them. Knowing the process on how they charge will give you more ways how to maximize your advisers expertise. Prepare for this so you can gain more from it.
- What products do/don’t you put clients into? Advisers are expert into looking in a macroeconomic issues and risk mitigation. Advisers should be updating you what current risks you may have. Diversification to gain risk will help you to win long term.
- What is your average portfolio size? Don’t hesitate to ask this because advisers will share their current achievement thru this way. Many people trust them so this means it is a plus factor that you just don’t give your money to someone who will run it whenever they want.
- What resources do you have to address issues outside your area of expertise? I love people who are creative when it comes to maximizing their resources. Asking this will reveal how they will exceed your expectations in the long run. Will they be happy to collaborate with someone just to simply make you happy?
- How do you communicate with clients? How often? Constant follow up will play a big role when it comes to building your wealth. As a client you would like to have an excellent customer service thru communication especially when your investments in stock market or mutual funds are going down. Informing you the best strategy will help you to be more equip.
- Will I work with anyone else in your office? Collaborating with other people in taking care of clients is good but with proper endorsement this will be excellent. Your potential advisers may not be jack of all trades but they are master of something and that is what you want. Your adviser knows a lot of people so he/she can ask someone too work with you to win long term.
David Isaiah Angway is a Financial Evangelist
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