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Storehouse Financial Management Services, LLC is a family owned business that was created out of the desire to serve others using the knowledge we've obtained through the study of biblical principles, traditional education and personal experience.  We've identified a need for personable and friendly financial management services that help our clients learn and understand the basic principles for financial success.  We believe that our success is achieved by helping you to realize your own.

Mission

To provide quality accounting, tax and financial management services to our clients that will help them build a foundation for financial success.

  • We will always provide our clients with courteous, prompt service.
  • We will always work with integrity.
  • We will always be respectful of our clients privacy.

Our Method

Our strategy for effective financial management includes four basic principles that should be included in any successful financial plan; planning, saving, giving and avoiding debt.

Planning

One major concept in proper financial management is planning.  In Genesis chapter 41, we find the story of Joseph’s influence in saving Egypt during a severe famine that lasted for seven years.  God revealed to Pharaoh in two dreams that seven years of prosperity were to come upon the land, but they would be followed by seven years of famine.   The seven years of famine, in fact, would be so severe that the seven years of plenty would be forgotten.  

Through strategic planning, Joseph advised Pharaoh of a plan that would secure the country against the coming events.  The successful implementation of this plan involved saving a fifth of the grain during the seven years of plenty.  By saving, they were able to not only save their own country, but they were also able to help refugees from neighboring countries survive the drought.You too can plan your financial future so that no matter what the economic climate is, you and your family or business can prosper and be of service to others. 

Planning for your future is essential both in business and personal finance.  Without clear direction you will not reach any of your goals and you could find yourself a “victim” of circumstance as life just happens.

Giving

In Malachi 3:10-11 the bible outlines one of the principle rules to financial success.  In this particular text the writer is referring to the tithe, which is a tenth of the “first fruits”.  In modern language, the tithe was given to the temple treasury first, before any bills were paid or any purchases were made.  The tithe was stored in the temple treasury where it was used to assist the less fortunate in the community; the widows, the orphans, etc.  By returning the tithe, the giver was promised divine protection from loss and was promised an overflow of blessing, so much so that there would not be room enough room to keep it all. 

We are not advocating that following this advice will unlock some genie like mechanism that will guarantee excessive wealth and provide a hedge against all losses, but we do believe in the soundness of the basic principles illustrated here.  At its best, giving allows the giver to look outside of his or her own needs, and become a blessing to someone else.  Charitable giving is a principle practiced by many of the worlds wealthiest people, including Warren Buffett and Bill Gates.  It's been reported in that these individuals have contributed up to 82% and 48% of their net worth to philanthropic causes respectively.  Now most people can't afford to give such a large percentage of their net worth away, however whatever you are able to give, whether it be in money or in personal time and effort, the rewards that come from giving of yourself are priceless.

Saving   

The third principle, saving, is often overlooked as an option or a luxury.  However, without establishing a reserve, there will be nothing available to cover emergencies and nothing to finance the implementation of the plans you’ve made.  One of the primary reasons that saving is so low on the list of priorities is the misconception that one must have a lot to save.  Proverbs 30:25 says “ants are a people not strong, yet they prepare their meat in the summer.”  The tiny ants take small pieces to create their food store for less favorable times.  It’s their diligence and the accumulation of the smaller parts that make their efforts successful.  Building a savings account works the same way.  It's OK to start small as long as you start.  The accumulation of small things is responsible for the sand on the seashore, the snow that blankets the northern part of our country in winter and the vast oceans that in their simplest form are only made of tiny water molecules.  If it's all you have to start, a little spare change can go a long way toward getting you on the path to a successful savings plan.

Avoiding Debt 

The final principal of avoiding debt is probably where most businesses and individuals find the most trouble, and often disagree.  There are some who believe that certain types of debt are good and believe that if you pay off your debt every month (credit cards) everything will be fine.  Proverbs 22:7 states “the rich rules over the poor, and the borrower is slave to the lender.”  Think about how much of your time and resources are being used to service, or pay debts, and determine for yourself whether this statement is true. Recently many credit card companies have decided to double and triple the interest rates due on the accounts of regularly paying customers who may carry a balance each month.  For those that do pay their balances off every month, the credit card companies are finding new ways to incorporate “service” fees on those accounts.  How much input were those faithful and honest customers able to contribute before decisions were made that directly impacted their financial well being?  Who’s really in control of your money? 
 
Here at Storehouse Financial Management Services, we have made the personal commitment to run our business with zero debt.  We encourage our clients to do the same, but recognize and respect that it is a personal decision.   We do understand that there are times when taking on debt may be necessary.  When these situations arise, it is our goal to educate our clients on the best ways to manage that debt.
 
Storehouse Financial Management Services was established to help you secure your financial future by implementing these concepts in a way that will ensure your financial success.  Each plan is customized for your specific needs with the goal of enabling you to finally live the life you’ve always dreamed of.

Contact us to schedule your FREE personal consultation!