So, I have to tread carefully here, since I am a Christian and I do have strong beliefs, however, I have problems with people who use their faith as a “foil” to their business or worse still those who use the Bible to justify their decisions (especially in Finance).
One site I stumbled across is Sound Mind Investing, which seems like a good site (although I am never fond of sites that ask for subscription fees, isn’t the concept to Give of yourself? OK, if it’s a business that is fine, but still, something bugs me, I am not sure what). The authors have some genuine good points about:
- Stewardship and giving to the Church
- Debt reduction being important to faith (I think Debt Reduction is important in all aspects of life).
However, there seems to be an implication that the authors use the Bible as their justification for some financial decisions. I know it is possible to quote the bible in some areas of financial planning (heck I am guilty of that one, in this article already!), but I worry that these words of faith are being perverted towards a personal financial gain.
Faith (be it Christian, Hindu, Moslem, Buddhist, or Druid) or belief in oneself is important in your life, and it should help guide you, but maybe don’t use it as your only compass in life when it comes to financial planning.