What are ethics concerned with?

Ethics primarily deals with a series of beliefs and principles that guide individuals on how to interact in humane and morally responsible ways. It encompasses the notions of right and wrong, fairness, justice, and integrity in human behavior and decision-making. Concerning personal finance and counseling, ethical standards play a critical role in ensuring that counselors operate in a manner that respects clients' dignity and promotes their best interests.

While legal requirements, religious doctrines, and social customs may influence ethical considerations, they are distinctly separate concepts. Legal requirements dictate what is permissible within a society, but ethics encompass a broader perspective that includes morality beyond just legality. Religious doctrines can guide personal values and ethics but do not universally apply to all individuals. Similarly, conventional customs inform societal interactions, yet they may not always align with ethical principles. Ethics provide a foundational framework for evaluating and guiding one's actions in various contexts, including professional and interpersonal relationships.