A Personal Finance Feature by Peter Murphy, CEO, Christian Super

As with many things in life, we experience moments when we realise that “knowledge gaps” see us making naïve decisions that can lead to regret when things go wrong or there is a realisation of a lost opportunity.

I think we all identify with the regret of wishing we had known about an important financial planning concept earlier in our lives. Have you ever looked back and seen how applying a financial principle could have enhanced your financial situation, enabled you to achieve your goals or reduced financial risk?

I remember early in my married life, Edwina and I were heavily invested in geared properties thinking we were doing the right thing. In hindsight this investment could have gone terribly wrong, and there were nervous moments when the government announced Holsworthy as a preferred second Sydney airport. This would have resulted in significant losses for one of our properties, but thankfully, the politics of a second Sydney airport turned this around and things worked out.

Sadly however, I have since heard of a number of recent and not so recent cases where these types of investments have gone terribly wrong, causing family financial crisis and significant strain on relationships. 

Good role models and good advice while still being young will make a lifetime of difference to a Christian’s financial stewardship and empower true generosity and a greater sense of fulfilment in using their financial resources more effectively.

If this is an area of life that you feel either that you have a “knowledge gap” or that you struggle to master, I urge you to seek the advice of wise counselors, including a professional Christian financial planner, who is aligned with the Biblical stewardship principles – particularly at the key transition points in life. At each and every stage of life, the overarching principles of good stewardship and generosity provide peace of mind and good financial advisors can help.

Financial Advisors Can Help You at Every Stage of Your Life

If you don’t know where to look for a financial advisor, please contact the Christian Super office who might be able to link you up with advice based on solid Biblical principles.