Use of Resources

No matter how God has blessed us, He expects us to be wise managers of all He has given us. Jesus illustrated this point well when He told us the parable of the talents in Luke 19:12-27 and Matthew 25:14-30.

Professional Advice

With a seven-figure net worth, you probably have enough resources to self-support the work God is calling you to do. However, you might be asking, "What specific steps do I need to take with my available assets to accomplish the objectives that God has given me for my life? Before building a house, you would discuss your design preferences with an architect. Similarly, you should seek professional advice to help you design a financial plan that will meet your life objectives. You will want to use the best strategies and techniques available.

Income

Having financial resources usually is only the first step in developing a plan for funding God's call on your life. The key component in designing this type of plan is creating income or cash flow. You might own significant assets that do not produce any substantial income. For example, you might own farmland that is valued at more than a million dollars; however, the income that you receive from renting the land is minimal. Individual stocks that do not pay dividends are valuable assets, but they do not provide an adequate stream of steady income. Strategies for positioning assets that create a tax-efficient income stream help you accomplish your objectives for income. There are several useful tax-efficient income strategies. Some could involve the use of charitable planning tools including gift annuities or charitable remainder trusts.

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Free Offer

To evaluate your current financial position, a financial advisor could run basic calculations for you. For a complete picture of your financial position, you should work through the Financial Planning Process with a like-minded professional to develop a plan that will allow you to accomplish the goals God has given you. Master's Financial Advisors is a safe place to explore options at no obligation or risk. The initial exploratory contacts are free.

Resources:

Websites:
www.mastersadvisors.com
www.financialengines.com
www.crown.org (Crown Ministries)

Books:

The best books by Larry Burkett
Sound Mind Investing Austin Pryor
The Family Financial Workbook Larry Burkett

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Compare the biblical overview of wealth with your own values

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