“Like a good family portrait, a well-developed Family Stewardship Philosophy captures a beautiful picture of what your family believes about the source and purpose of wealth.
The process of developing your philosophy involves [1] clarifying your family’s knowledge and core beliefs about money, and expressing and examining them to bring them into alignment with the truth of God’s Word. It involves [2] communicating these beliefs through discussion and written statements that note your convictions, objectives, and intentions in a way that others can understand. You will also make [3] commitments about the wealth that is entrusted to you, which practically demonstrates dedication to your core beliefs, as well as to God and your family.
Working through this three-step process of clarification, communication, and commitment is time-consuming but many families can attest to the fact that it is worth the effort. Your Family Stewardship Philosophy can serve to create a lasting legacy that is passed on to your family and future generations.”
Excerpt from “The Generous Family: A Guide for Nurturing Giving at Home” by National Christian Foundation. To work through this process with your family, you can download the complete document from NCF today.