A three-step process to generous giving

An ancient, Biblical concept, the art of joyful giving has enjoyed a resurgence in recent years as investors work toward the twin goals of defining success today, and establishing a lasting legacy for tomorrow. “To be a generous giver is not only noble in the altruistic sense, but for practical reasons as well. It’s a critical component of a well-devised financial plan,” said Christina Winch, CFP®. “If you’re making money, you have to learn to give back. That’s the secret to a fulfilling life.” As a founding member of Kingdom Advisors, Christina has helped guide this group of independent Christian financial advisors to enormous growth, based on the concept of Biblically sound investing. What began as a concept in 1981 has become an international force. Larry Burkett initially asked a group of 16 advisors, including Christina, to form the board of directors for what was then known as the Christian Financial Planning Institute. Today, Kingdom Advisors includes 1,360 advisors from 72 communities around the world. A recurring theme for Kingdom Advisors has been the art of generous giving. “A large part of the reward that you get from your finances, and the way you get the most contentment and fulfilment in life, is by sharing what you have with others,” Christina said. “It’s exciting to give; it’s gratifying to make a difference in the world.” At Winch Financial, the wealth management and financial planning company Christina founded in 1981, we advocate a three-step approach to charitable giving to ensure your plan is both effective and joyful. We call it the Giving Three. This is a critical step and should be discussed with your financial advisor. Evaluate your finances and determine how much you intend to contribute to charitable causes annually. As important as choosing the amount you will donate, is determining the direction your funds will go. Take time to choose charities that speak to your heart. The key to… | Read More »