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If you are a CFO, part of your job obligations will likely include handling excess funds....

If you are a CFO, part of your job obligations will likely include handling excess funds. This is cash on hand that doesn't need to be spent in the near future. What should you do with these funds? Invest it? Leave it in the bank? What are some key considerations? What are your thoughts on this from a Christian perspective?

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Answer #1

As a qualified CFO, i would want to invest those excess funds just because a right investment might get me a good rate of return as compared to the idea of keeping the money with the bank itself. I would want the money of the company to grow with time and as my job demands, allocating of funds is one of my primary job. The key considerations might be the risk involved in which i invest, determine the rate of return, comparing them with other sources of return.

As a Christian perspective, I would keep my money in bank not invest further ado. This is because we have a tendency and a belief that the bank might not fail us and lose our money.

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