Biblically faithful investing: How to ensure you are doing it right?
Fortunately, even in an era where financial investments shape industries and economies, many Christians seek to align their financial decisions with biblical principles and follow Biblically Faithful Investing (BFI).
Here’s what they generally do:
Seek God’s guidance in financial decisions
Proverbs 3:5-6 reminds everyone to trust in the Lord and acknowledge Him in all the ways of life. Therefore, it must be a practice to pray for wisdom (James 1:5) and seek counsel from spiritually mature individuals before making any investment decisions.
Investments that contradict Biblical values should be a No
A key principle of BFI is to avoid supporting companies engaged in practices that contradict biblical teachings. These are about staying away from investment that is directly or indirectly linked to unethical practices. Faith-driven investment should be the priority to produce outcomes that are pleasing to God. Not those that are against God. Many faith-based investment firms offer screening tools to help identify and avoid such investments.
Invest in ethical and kingdom-oriented companies
Psalm 24:1 states, “The earth is the Lord’s and everything in it.” As stewards of God’s resources, investing in ethical and faith-driven companies can help advance godly principles in the marketplace. Investment options that offer fair opportunities for all, where you can also contribute to charitable and humanitarian efforts, and promote Christian mission and values, are worth considering.
Engage in Biblically Faithful Investing with Eric Boyum, a financial advisor who uses his business to God’s glory.
Ensure faith-driven investment every time.
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