Tag: financial management
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5 Signs of a Lying Lender
In his Proverbs, King Solomon tells us that prudence, caution and good advice can keep good people out of the clutches of the wicked. “If wisdom shall enter thy heart, and knowledge please thy soul,” he says in Proverbs 3:10-14. “Counsel shall keep thee, and prudence shall preserve thee, that thou mayst be delivered from…
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Justice and Judgment: Another Bank Fraud Case Hits the Courts
At the very beginning of his wise Proverbs, King Solomon establishes the values that lead to a blessed and prosperous life. “To know wisdom, and instruction; to understand the words of prudence, and to receive the instruction of doctrine, and justice, and judgment, and equity,” he says in the first three verses. For investors in…
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Cash for Quick Home Sales: A Wise Harvest?
In King Solomon’s day, credit wasn’t much of an issue. But the wise king’s advice to manage money responsibly and save up resources applies across the ages. “Go to the ant, O sluggard,” he say s in Proverbs 6_ 6-8,” Which, although she hath no guide, nor master, nor captain, provideth her meat for herself…
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No Credit is the New Credit
The cornerstone of King Solomon’s advice on money management is prudence. His many Proverbs on building a prosperous life emphasize hard work and carefully husbanding resources. For many Americans today, that means ditching credit cards in favor of the plastic equivalent of cash – the debit card. And that’s a change that has some economists…
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Overseas Radio Network: the Voice of Prudence for American Expatriates
One of the most important virtues in the Proverbs of King Solomon is prudence – cautious action based on wisdom and wise advice. “To understand the words of prudence,” he says in Proverbs 1:3. And, as we’ve pointed out in these posts before, prudence is an essential ingredient of successful financial choices. Now, as more…
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Tapping IRAs to Fund Investments: A Prudent Choice?
“Old age is a crown of dignity, when it is found in the ways of justice,” says King Solomon in Proverbs 16:31 – one of his many proverbs about reaping the rewards of a wise and careful life. But many Americans nearing retirement age haven’t saved enough to retire and enjoy the rewards of that…
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The High Cost of Knowledge: Private Student Loans on the Rise
King Solomon’s views on the importance of knowledge and wisdom, and the wise counsel that provides those things, weave throughout the entire Book of Proverbs – and his words hold truth for every generation. But as we’ve noted before in this space, the escalating costs of wisdom are creating an economic crisis, as new college…
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Reverse Mortgages: A Prosperity Plan that Can Backfire
For King Solomon, the later years are a time to reap the rewards of a long prosperous life and enjoy the blessings of God. “Old age is the crown of dignity,” he says in Proverbs 16:31,” when it is found in the ways of justice.” But for many Americans of retirement age and beyond, money…
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New Rule Rewards Prudent Borrowers
As King Solomon says again and again in his Proverbs, prudence and responsible living according to the will of God leads to prosperity. “Get wisdom, and with all thy possession purchase prudence,” he tells us in Proverbs 4:7. That’s advice well taken in today’s tighter lending atmosphere, where the upcoming Qualified Mortgage Rule rewards prudent…
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Do Big Lenders Lack Mercy and Truth?
King Solomon’s Proverbs remind us that honesty and fairness are keys to living a life blessed by God. “Let not mercy and truth leave thee,” the king says in Proverbs 3:3. “Write them in the tables of thy heart.” But, as we’ve noted in this space before, the virtues of mercy and truth are in…