How to Choose Faith-Based Financial Services?



How to Choose Faith-Based Financial Services?

While there’s no dearth of financial services, it is important that you choose one that aligns with your faith and religious values. It is crucial to analyze if the provider can offer services while considering your financial situation and investment objectives.

There are a few things to consider here:

·   Whether they provide a comprehensive financial planning, taking into account your overall financial situation, and not follow a typical transaction-based approach.

·   If they are expert in developing long-term financial strategy.

·  Are they capable of providing retirement planning advice based on your expectations of having a particular lifestyle during those golden years.

·   Above all, are they engaged in faith-based financial services?

Faith-based financial services are gaining prominence for providing individuals and organizations with financial solutions that align with their religious beliefs and values. Whether you are looking for banking, investments, or insurance options that adhere to your faith, it’s important to carefully evaluate your choices.

Faith-based financial planning considers integrating your religious beliefs into your financial decisions. The services effectively bring together faith and finances, by adding the elements of faith to your financial planning and investing decisions.

Those who offer faith-based services typically help their clients invest in harmony while staying aligned with their religious beliefs. In Christianity, financial services should focus on ethical investing and stewardship. In Biblically Responsible Investing (BRI), investors suggest investing in companies that give back to community while avoiding investing in firms engaged in activities that are seemingly harmful to the society.

While choosing faith-based financial services, it is crucial to analyze the range of services, transparency and accountability in managing funds, reputation and reviews, their ethical and social responsibilities, and reliability and customer service.

Do invest in God’s glory with Eric Boyum, a seasoned financial advisor, offering faith-based services. having partnered with Inspire Advisors, he himself is practicing Biblical Responsible Investing.  


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