Our Principles: Biblically-Based Financial Planning in Chattanooga

Have you ever wondered how your financial decisions could better reflect your faith and values? If you’re seeking a path that aligns your finances with biblical principles, you’re not alone. At Franklin Wealth Management (FWM), we understand your desire for a financial journey guided by faith. As a family-oriented, faith-based wealth management firm in Chattanooga, TN, we specialize in **biblically-based financial planning** that empowers you to fulfill your God-given purpose.

Integrating biblical principles into financial services isn’t just a mission for us—it’s the cornerstone of everything we do. We believe that true financial freedom comes from stewardship, generosity, and preparing the next generation to be good stewards as well.

In this page, we’ll educate you on how FWM applies these timeless biblical principles in our services and showcase the benefits of faith-guided financial planning. Together, we’ll explore topics like financial stewardship, charitable giving, and inter-generational education and planning, all rooted in scripture to help you navigate your financial journey with wisdom and integrity.

The Foundation of Our Faith-Based Approach

Did you know that the Bible addresses money in over 2,350 verses? That’s almost twice as many as it speaks about faith and prayer combined. It’s clear that finances hold significant importance in our spiritual lives. In fact, Jesus taught more about money than any subject besides the Kingdom of God. This emphasis isn’t just historical—it’s deeply relevant to how you manage your resources today.

At Franklin Wealth Management, we believe that all wealth belongs to God. We’re merely stewards of the blessings He has entrusted to us. This perspective transforms financial planning from a solely economic endeavor into a meaningful journey that aligns with your faith and values.

Understanding the profound connection between faith and finances, we’ve built our approach on three core biblical principles:

Financial Stewardship

Charitable Giving

Inter-Generational Education & Planning

In this guide, we’ll explore each of these principles in depth, showing how they can empower you to make financial decisions that honor God and fulfill your God-given purpose.

Principle 1 – Financial Stewardship

Managing Resources with Wisdom and Integrity

Have you ever thought of yourself as a steward of God’s resources? In the biblical sense, being a steward means that everything you possess—your time, talents, and treasures—are gifts from God entrusted to you. It’s not just about owning assets; it’s about managing them in a way that honors Him.

Proverbs 3:9-10 encourages us to “Honor the LORD with your wealth, with the firstfruits of all your crops; then your barns will be filled to overflowing, and your vats will brim over with new wine.” This verse reminds us that when we prioritize God in our financial decisions, we open the door to His abundant blessings.

Similarly, Luke 16:11 states, “So if you have not been trustworthy in handling worldly wealth, who will trust you with true riches?” This passage underscores the importance of integrity and faithfulness in managing earthly resources. It’s a call to handle your finances responsibly so that you can be entrusted with even greater blessings.

At its core, financial stewardship is about more than just budgeting or saving—it’s about making conscious decisions that reflect wisdom, integrity, and generosity. It’s understanding that your financial choices have the power to impact not just your life, but also the lives of others and the advancement of God’s Kingdom.

How Franklin Wealth Management Applies Financial Stewardship

At Franklin Wealth Management, we take the principle of financial stewardship to heart. We recognize that each person’s financial journey is unique, and we’re committed to helping you navigate it with faith and foresight. Here’s how we incorporate this principle into our services:

  • Financial Planning: We offer personalized financial planning that aligns with your faith-based values. By understanding your goals and priorities, we help you create a roadmap that honors God and secures your financial future.
  • Retirement Planning: Planning for retirement isn’t just about accumulating wealth; it’s about ensuring that your resources last throughout your lifetime. We help you develop strategies to maximize after-tax retirement cash flow so you can enjoy a comfortable retirement while staying true to your principles.
  • Asset Management: Our asset management services focus on growing your wealth responsibly. We employ investment strategies that not only aim for financial growth but also reflect your commitment to biblically responsible investing.

Our approach is rooted in the belief that financial decisions should never be one-size-fits-all. We understand the importance of crafting strategies that are as unique as you are:

  • Maximizing After-Tax Retirement Cash Flow: Taxes can significantly impact your retirement income. We work diligently to develop tax-efficient strategies that allow you to retain more of your hard-earned money.
  • Ensuring Your Money Lasts Throughout Retirement: Longevity risk is a genuine concern. We create plans that provide sustainable income streams, so you don’t outlive your assets.

But beyond the numbers and strategies, our true goal is to help you manage your resources in a way that reflects your faith and honors God’s principles. We believe that when your financial plans are grounded in biblical stewardship, you not only achieve personal financial freedom but also position yourself to make a meaningful impact on others.

At Franklin Wealth Management, we’re more than just financial advisors—we’re partners in your journey to fulfill your God-given purpose. Together, we’ll navigate the complexities of financial stewardship, ensuring that every decision you make is infused with wisdom, integrity, and a heart for generosity.

Principle 2 – Charitable Giving

Reflecting God’s Love Through Generosity

Generosity is a cornerstone of the Christian faith, and it’s something you’ve likely experienced firsthand—the profound joy that comes from giving to others. In the Bible, giving isn’t just encouraged; it’s celebrated as a reflection of God’s own boundless generosity towards us. As 2 Corinthians 9:7 tells us, “Each of you should give what you have decided in your heart to give, not reluctantly or under compulsion, for God loves a cheerful giver.”

Have you ever considered how your acts of kindness impact not just those who receive but also your own spiritual journey? Proverbs 19:17 reminds us, “Whoever is kind to the poor lends to the Lord, and he will reward them for what they have done.” Your generosity is more than a charitable act; it’s a direct investment in God’s work and a tangible expression of your faith.

Jesus summed up the essence of the law with a powerful directive in Matthew 22:39: “Love your neighbor as yourself.” This commandment invites you to extend love and compassion to others, and one of the most impactful ways to do that is through giving. Generosity bridges gaps, fosters community, and spreads hope—it transforms both the giver and the receiver.

When you give generously, you’re not just parting with resources; you’re participating in a divine exchange that enriches your life and advances God’s Kingdom. It’s a reciprocal blessing that resonates far beyond the immediate moment, impacting lives and inspiring others to do the same.

How Franklin Wealth Management Facilitates Charitable Giving

At Franklin Wealth Management, we believe that charitable giving is a profound way to live out your faith and leave a lasting legacy. We’re committed to helping you integrate generosity into your financial planning in ways that are meaningful, effective, and aligned with your spiritual values.

Services Offered:

  • Estate Planning: We’ll work with you to design an estate plan that reflects your heart for giving, ensuring that your resources continue to make a difference even after you’re gone.
  • Charitable Giving Strategies: Our team will help you navigate various giving options—like donor-advised funds, charitable trusts, and direct gifts—to maximize the impact of your contributions while considering tax efficiencies.

We assist you in:

  • Incorporating Generosity into Your Financial Plans: Whether it’s setting up regular donations or creating a philanthropic foundation, we’ll help you weave generosity seamlessly into your financial roadmap.
  • Creating a Lasting Impact on Your Community: By aligning your financial resources with your passion for helping others, you can make significant contributions that benefit your community and reflect your commitment to God’s teachings.

Our approach is personalized and purpose-driven. We understand that your desire to give stems from a place of faith and conviction. That’s why we take the time to understand your goals and tailor strategies that not only meet your financial objectives but also fulfill your spiritual mission.

At Franklin Wealth Management, we’re more than financial advisors—we’re partners in your journey to make a meaningful difference. Together, we’ll develop a plan that allows you to experience the joy of giving, knowing that you’re impacting lives and honoring God through your generosity.

Principle 3 – Inter-Generational Education & Planning

Building a Legacy of Faith and Financial Wisdom

Have you ever paused to consider the legacy you’re creating for your children and grandchildren? In today’s fast-paced world, it’s easy to focus solely on the here and now. Yet, the Bible encourages us to think beyond our own lifetimes and invest in the spiritual and financial well-being of future generations. Deuteronomy 6:6-7 urges, “These commandments that I give you today are to be on your hearts. Impress them on your children. Talk about them when you sit at home and when you walk along the road, when you lie down and when you get up.” This passage highlights the biblical mandate to educate the next generation in God’s ways.

Similarly, Proverbs 13:22 reminds us, “A good person leaves an inheritance for their children’s children.” This isn’t just about monetary wealth; it’s about imparting wisdom, values, and a strong foundation of faith. By embracing inter-generational education and planning, you’re ensuring that your legacy of stewardship and faithfulness continues to flourish long after you’re gone.

Building a legacy isn’t merely about transferring assets; it’s about instilling principles of biblical financial stewardship that empower your heirs to manage resources with wisdom and integrity. It’s about teaching them the importance of generosity, responsible management, and aligning their financial decisions with God’s will. In doing so, you help cultivate a lineage that honors God in all aspects of life.

How Franklin Wealth Management Supports Inter-Generational Planning

At Franklin Wealth Management, we understand the profound responsibility and joy that comes with preparing the next generation. We’re committed to helping you create a seamless transition of both wealth and values, ensuring that your family’s legacy remains rooted in faith.

Services Offered:

  • Business Succession Planning: If you own a family business, planning for its future is crucial. We’ll help you develop a succession strategy that preserves your life’s work while preparing your successors to lead with confidence and conviction.
  • Family Financial Education Programs: Knowledge is one of the greatest gifts you can offer your heirs. Our educational programs are designed to teach your family members about responsible wealth management, biblically responsible investing, and the principles of Christian financial planning.

We assist families in:

  • Preparing Heirs for Responsible Wealth Management: We work closely with your family to ensure they are equipped to handle the responsibilities that come with wealth. This includes understanding investment strategies, financial markets, and the importance of stewardship.
  • Ensuring Values and Principles Are Passed Down: We help you craft a legacy that goes beyond finances. By integrating your faith and values into your financial plans, we ensure that these principles are woven into the very fabric of your family’s future.

Imagine the peace of mind that comes from knowing your children and grandchildren are not only financially secure but also grounded in the same faith and values that guide you. By engaging in inter-generational planning, you’re fostering a culture of stewardship and generosity that can impact your family for generations to come.

At Franklin Wealth Management, we're here to guide you every step of the way. We believe that when you align your financial strategies with God's teachings, you create a powerful legacy that honors Him and blesses others. Let's work together to build a future where your family's faith and financial wisdom continue to thrive.

Our Commitment to Transparency and Trust

Fee-Only Fiduciary Responsibility

Transparency and trust are vital when managing your finances. At Franklin Wealth Management, we've adopted a transparent fee-only pay structure, meaning we're compensated solely by you—not through commissions from selling financial products. This ensures our advice is unbiased and entirely focused on what's best for you. Working with a fee-only wealth management firm eliminates conflicts of interest associated with commission-based products. As a true fiduciary, we're legally and ethically committed to putting your interests first in every recommendation we make.

Personalized, Client-Centered Approach

We know that no single strategy fits everyone, which is why we place you at the center of everything we do. From planning to execution, you'll receive our undivided attention, ensuring every aspect of your financial plan is tailored just for you. Our team specializes in various areas of expertise, allowing us to match you with advisors who are the “best fit” for your situation. This personalized approach fosters a collaborative relationship where your goals are our goals, crafting a financial path that honors your values and fulfills your God-given purpose.

Embracing a Financial Journey Rooted in Faith

As we’ve explored together, Franklin Wealth Management is deeply committed to guiding you with services rooted in biblical principles. By integrating financial stewardship, charitable giving, and inter-generational education & planning into our approach, we help you achieve financial freedom while honoring God in every aspect of your financial life.

Our unique combination of faith-based guidance and professional expertise sets us apart. We’re not just managing wealth—we’re partnering with you to align your finances with your faith and values, ensuring that your resources serve a higher purpose and contribute to the advancement of God’s Kingdom.

Take the Next Step Toward Faith-Guided Financial Planning

Are you ready to align your financial journey with your faith? We invite you to reach out to Franklin Wealth Management for a personalized consultation. Discover how biblically-based financial planning can enrich your life and help you fulfill your God-given purpose. Contact us today to learn more about how our services can benefit you and your family.

Forbes recognizes Joe Franklin as one of the Top Advisors in Tennessee.

4700 Hixson Pike
Hixson, TN 37343
(423) 870 – 2140
www.Franklin-Wealth.com