Building Wealth for Building the Kingdom is a simple, practical guide to help LDS families organize their personal financial plans to meet their unique goals. The book provides simple answers to questions like:
How much should I be saving each month for my son’s mission?
How much should I be saving each month for my children’s college education?
How can I save enough to be able to retire while I’m healthy enough to serve a mission?
Avoiding tips on pinching pennies, the book focuses on opportunities to save thousands or tens of thousands of dollars by making smart moves with big decisions, like home and car purchases.
Mormon families will appreciate the gospel-centered, scripture-based focus on putting tithing at the center of a financial plan. Building Wealth for Building the Kingdom will help prepare families to enjoy the benefits of their labor while simultaneously contributing to the growth of Church.
Mindy’s Review -
Building Wealth for Building the Kingdom by Devin D. Thorpe is a wonderful financial book with a Latter-Day Saint perspective. The objective is clearly stated and then supported – To prepare financially to render any service that you may be called to give.
Thorpe discusses many facets of financial life – purchasing a home, car, insurance, retirement, investments with very specific tips and suggestions. My favorite part is that there is finally a financial book that takes into consideration tithing, large families, food storage, missions and more! There is specific emphasis on education which is also largely supported by the Church. Thorpe even warns about additional pursuits to increase income and purchase elaborate toys – making sure that priorities are in line – family and church service – as opposed to getting rich just to get rich.
This book would be a perfect Wedding gift! How nice it would be to have such life altering information from the beginning of a marriage? It would really provide a beautiful foundation for the newlyweds to start with especially if they were not taught such information when they were younger.
A lot of the information in the book my husband and I have researched over the years and learned for ourselves, so the book does not present some miraculous plan that will make everyone rich. But it does put many important principles in one convenient location for easy reference. And for a remarkably low price!
Each chapter has the same basic structure. It begins with a scripture or a quote from a church leader, teaches the principle with many suggestions and ends with a call to action. So for the book to truly make a difference in one’s life there must be action taken.
*Disclaimer: I was given a complimentary book, Building Wealth For Building the Kingdom, for the purpose of facilitating my review. No monetary compensation was given. All opinions expressed herein are unbiased and not influenced by the developing company or its affiliates in any way.*
About the Author
Devin D. Thorpe brings a broad perspective to financial planning, having owned and operated an investment-banking firm—which included an investment advisory business—and a mortgage brokerage and having served in a variety of corporate finance positions.
Presently, Devin serves as a business professor at South China University of Technology in Guangzhou, China on behalf of Brigham Young University’s Kennedy Center China Teachers program. Previously, he served as the Chief Financial Officer for the multinational company MonaVie, listed in Inc. Magazine’s 2009 Inc. 500 as the 18th fastest growing company in America and, at $834 million in revenue, the third largest company on the list.
Prior experience includes two years working on the staff of the U.S. Senate Banking Committee during Utah Senator Jake Garn’s tenure. He also served briefly in Utah State Government, working at USTAR under Governor Jon Huntsman. He earned an MBA with focus in Finance and Accounting from Cornell University’s Johnson Graduate School of Management. He completed his undergraduate degree in finance at the University of Utah, where he later worked as an adjunct professor of finance. In 2006,
Devin was recognized by the David Eccles School of Business at the University of Utah as a Distinguished Alum. In the Church, Devin presently serves as a seminary teacher along with his wife, Gail. Previously, he served as a counselor in a stake presidency, a counselor in a bishopric, ward executive secretary, young men’s president, assistant scout master, three times as an assistant ward clerk, and in more elders quorum presidencies than he can count. Devin ran his first marathon in 2011, finishing in 4:35.
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