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Financial Services For Christians With David Spika

Faith & Finance with Rob West | Dec 14, 2022

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Show Notes

Today Christians are expressing a variety of considerations and needs as it relates to their financial decisions. We’ll talk about that today with David Spika of Guidestone.

David Spika is the Chief Investment Officer at Guidestone, a financial services firm helping those in ministry as well as the broader Christian population. Guidestone is an underwriter of MoneyWise.

  • GuideStone was founded in 1918 to provide financial support to pastors and their widows. And over the ensuing century, it has become a multi-line financial services firm, providing insurance, retirement, and investments to Christians, institutions, and Christian individuals.
  • GuideStone is the largest faith-based investment firm in the country. They manage more than $18 billion dollars in total.
  • Spika says its mission and vision for helping Christian investors are based on three verses:
  • 1. The Great Commandment found in Matthew 22: Love the Lord your God with all your heart and with all your soul and with all your mind.’ This is the first and greatest commandment. And the second is like it: ‘Love your neighbor as yourself.’ All the Law and the Prophets hang on these two commandments.”
  • 2. The Great Commission in Matthew 28: Therefore go and make disciples of all nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit, 20 and teaching them to obey everything I have commanded you.
  • 3. Essence of the Gospel found in John 3:16: For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life.
  • Spika also explains how GuideStone helps Christians to invest with confidence that their money isn’t being used by the companies they invest in to do or support things contrary to biblical values. He also details how the organization uses shareholder advocacy to encourage those company management teams to operate in a more Christlike fashion. And he explains what he calls “impact investing.” That is proactively investing in companies that are doing good around the world and helping to spread the Gospel.
  • To learn more about GuideStone and its services, visit.Guidestonefunds.com.
On this program, Rob also answers listener questions:

  • What are the tax implications of I-bonds?
  • Is it possible to have a will made for free?
  • How should you go about tithing on a business?
Remember, you can call in to ask your questions most days at (800) 525-7000 or email them to Questions@MoneyWise.org. Also, visit our website at MoneyWise.org where you can connect with a MoneyWise Coach, join the MoneyWise Community, and even download the free MoneyWise app.
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