Tag: Book of Proverbs
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Banks Learn From the Past – and Harm the Recovery?
King Solomon’s proverbs emphasize again and again the vital importance of wisdom and prudence in living a live blessed by God. One key to acquiring wisdom, he says, is accepting correction from wiser heads and learning from mistakes. “Take hold on instruction,” he tells us in Proverbs 4:13, “leave it not; keep it, because it…
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Owning a Home: Damaging the Economy?
Even in King Solomon’s time, houses represented stability, prosperity –and even wisdom, as we’ve seen in proverbs such as 9:1, “Wisdom hath built herself a house,” the King extols the virtues of a strong, solid dwelling. That idea forms the core of the traditional “American Dream” of a prosperous and stable life, too. But now…
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No “Choice Silver”: More Apologies to Mortgage Fraud Victims
One of the hallmarks of leading a virtuous life blessed by God is dealing equitably and fairly with others, according to King Solomon. “The tongue of the just is as choice silver,” he says in Proverbs 10:20 – one of many proverbs critical of liars and deceivers. As the Federal Reserve issues yet another apology…
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The Wise Heed the Advice of the Wiser
In his many proverbs about the virtues of wisdom and the value of living a wise and prudent life, King Solomon speaks frequently about the importance of “wise counsel” – learning from those with more knowledge and experience in order to act wisely and prosper: In the often-quoted Proverbs 1:7, the King tells us, “”Fools…
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Learning from the Past: A New Housing Bubble?
As King Solomon tells us again and again in his Proverbs, wisdom is the foundation for a rich life graced by God. And one way to gain wisdom is to learn from the mistakes of the past. “Fools despise wisdom and instruction,” the king says in Proverbs 1:7. Today, with the housing market showing signs…
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Bank of America: More Scandals, None the Wiser
“A wise man shall hear, and shall be wiser; and he that understandeth, shall possess governments,” says the wise King Solomon in Proverbs 1:3. As the King points out repeatedly in those proverbs, wisdom comes from learning from past mistakes and accepting correction from those with more wisdom. But, as a new report about Bank…
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Student Debt Hits Women and Minorities the Hardest
In the often-quoted Proverbs 9:1, the wise King Solomon links women, wisdom and houses: “Wisdom hath built herself a house,” says the monarch, making it clear that wisdom leads to prosperity and stability. But, as a couple of new studies on student loan debt reveal, for many women, the wisdom gained in a college education…
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New FHA Rules Mean Higher Mortgage Costs
King Solomon advocated prudence in all things – a combination of knowledge and careful thinking that leads to prosperity and a life blessed by God. “To know wisdom, and instruction; to understand the words of prudence,” he says in the first two verses of the Book of Proverbs. With reports of new FHA home financing…
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Seek Wise Counsel to Avoid False Counsel
King Solomon’s wise words on the importance of prudence and wise counsel take on special importance for anyone negotiating today’s complex financial waters. Scams old and new target the desperate, the fearful and the confused with offers to make problems go away and create more wealth than anyone could imagine. Now, alongside the Nigerian banking…
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Financial Planner, Money Manager? Finding the Counsel You Need
“Get wisdom, and with all thy possession purchase prudence,” says King Solomon in Proverbs 4:7. And, as the wise King points out again and again in his Proverbs, wisdom and knowledge gained from wise counsel lead to prosperity and a life lived with the blessing of God. In today’s world of finance and investing, getting…