Episode 1 Generational Stewardship and The Three Roles of Money Part 1

Описание: The episode on stewardship introduces our podcast's mission: to help good people make wise financial decisions so they can excel in retirement and achieve peace of mind. Stewardship is not merely as money management, but a proactive approach to managing the time, skills, and money that have been entrusted to us.

The episode also provides a key blueprint for good stewardship using the "Three Roles of Money" framework. This involves segmenting assets into:

1 Green Money: Liquid bank funds needed for emergencies (ideally six to nine months of expenses).

2 Blue Money: Stable assets designated for short-term income needs over the next decade, used for drawdown and stability.

3 Red Money: Market and growth money, allocated to the stock market to serve as a hedge against inflation and protect purchasing power over the long term.

The episode utilizes Biblical wisdom to reinforce the need for planning and action, noting that those who fail to grow their resources are rebuked, like the person who buried their treasure.You need to have a specific plan, echoing the Scripture about a builder who must first estimate the cost before laying the foundation. Luke 14: 28-30.

Finally, good stewardship extends to generosity, urging listeners to be "rich in good deeds, and be generous and willing to share".

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