References to: Financial Coach
In my last column I introduced the importance of budgets and balance sheets (two primary financial statements or simply “financials”) to maintain balance among competing financial interests. This subject is so important to proper stewardship of God’s wealth I want to dig a little deeper this time.
Did you give any thought to your personal financial philosophy from the last article: a) most toys wins; b) a penny saved/earned; c) make a lot/give a lot away? If you are like most, you probably inherited your philosophy from your parents.
A prudent financial worldview can be summed up best in one word: balance. In other words, as stewards of God’s wealth, no matter how great or small our personal wealth may be, operating with a sense of balance is a best practice.