Tag: Book of Proverbs
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What To Do When A Bank Says No
One of the essential principles of prosperous living, as King Solomon tells us in his Proverbs is equity – dealing fairly and evenhandedly with others. But in the complex and confusing world of mortgage lending today, equity seems nowhere to be found, as lenders accept – or deny – loan applicants for reasons that aren’t…
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The Bitcoinvention Opens Doors in Asian Markets
King Solomon’s words on wisdom and prudent living stress that governments and the wealthy should deal fairly with the poor. “Do not oppress the needy at the gate,” he says in Proverbs 22:22. In today’s financial world, advocates of the Bitcoin hope the upcoming Bitcoinvention in Manila will open doors to new opportunities in Asia’s…
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Are Bitcoins the Folly of Fools?
King Solomon’s Proverbs stress the importance of wisdom and prudence over folly and recklessness. The crown of the wise is their riches, “ he says in Proverbs 14:24, “The folly of fools, imprudence.” Now, as the Bit coin continues to make financial headlines for its growing acceptance around the world, the digital coin is facing…
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Fannie Mae Changes the Balance in Mortgage Lending
One way to achieve a prosperous life blessed by God is to deal honestly and equitably in the world, according to King Solomon. “A deceitful balance is not good,” he tells us in Proverbs 20:24. Now, a new move by government megalenders Fannie Mae and Freddie Mac to reduce their presence in the mortgage industry…
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Do Home Swaps Challenge Short Term Rantals?
As King Solomon reminds us in his Proverbs, knowledge is an essential part of wisdom. For today’s investors, that means keeping an eye on market trends and new developments that affect planning for the future. And for some property owners, the home swap — an old trend for vacationers – may be worth watching for…
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Floating Cities: The Future is Now
In King Solomon’s proverbs, the ocean represents the earliest days of creation – when the voice of wisdom was already in the world. “When he prepared the heavens, I was present,” says the King in Proverbs 8:27-19. “When he compassed the sea with its bounds, and set a law to the waters that they should…
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Can Digital Currency Dominate the Markets?
Gold and silver were the coin of the realm in King Solomon’s day, and even he realized that they were transitory. Now, as the Bitcoin and other digital currencies threaten to dethrone traditional monetary systems on the world stage, financial experts are calling for a dose of the wise king’s virtues of wisdom and prudence…
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Canceled Cards Can Harm Credit Scores
Credit cards may not have been around in King Solomon’s day, but the great King’s words about managing financial affairs with prudence and wisdom certainly apply today, when building wealth depends so heavily on a good credit score. And though it may seem wise to get rid of old and unused credit cards, financial experts…
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“Financial Advisor” Scams Target Seniors
As King Solomon says in his Proverbs, wisdom and prudence lay the foundation for a prosperous, peaceful old age. But in today’s complex financial world, the promise of that kind of peace and prosperity can turn out to be a scam, perpetrated by bogus “financial advisors” targeting senior investors worried about covering retirement, estates and…
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Digital Currency: Changing the World’s Financial Landscape?
Wisdom is worth far more than money, King Solomon tells us in his Proverbs. And throughout the Bible – and human history – money has been the cornerstone and the unchanging reference point used by nearly every society. Now, though, the strong showing of the Bitcoin and other digital currencies in the world’s money markets…