Financial Stewardship. The Steward of Providence.

Video Transcript: Okay, welcome back. If you're here, hopefully you're excited for part one of this. series. It's the second video in the series. You can see the introduction on the last one I just did. We're going to talk about Catholic social teaching and just a few of the tenets. And so we're going talk about one of them today and how we can think about investing in a way that aligns more with our faith. And that first concept is stewardship, which is simply, at a baseline level, the idea that God owns it all, right? We don't really own it. We're kind of just managing it for God. And the Catechism, I think, has a more specific definition because they can explain it better than I can. So let's just look at it.

There is multiple references throughout the Catechism to this kind of thing. But I think 2404 really sums it up and something we should be looking at. So I'm just going to read it.

2404 "In his use of things man should regard the external goods he legitimately owns not merely as exclusive to himself but common to others also, in the sense that they can benefit others as well as himself." The ownership of any property makes its holder a steward of Providence, with the task of making it fruitful and communicating its benefits to others, first of all his family.

Now, a key point here is that private property is a big tenant of this, right? This isn't a socialist thing. This is merely the idea that we are supposed to steward well, be fruitful with the resources that we have, but then also making sure that we are taking care of those around us. So we're managing. The goods that we have for the benefit of our family first, but then also society. And so how do we take this definition and then push it forward to how we look at investing? So in the next video, I'm going to talk about kind of what investing means and, you know, kind of a Catholic look at investing. So follow along for the next video. God bless.