Tag: financial management
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“Streamlined Modification” – Justice for Struggling Borrowers
Along with wisdom and prudence, the great King Solomon prized justice and equity – treating the less fortunate with compassion and dealing fairly with others. “The strength of the upright t is the way of the Lord,” he says in Proverbs 10:29-30, “and fear to them that work evil. The just shall never be moved,…
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Wise Counsel Doesn’t Have to Break the Bank
In proverb after proverb, King Solomon tells us that wisdom is to be sought after as gold or silver. To do that, wisdom seekers need to acquire knowledge, seek out wise counsel and accept instruction from those with greater experience and insight. “To know wisdom, and instruction; to understand the words of prudence, and to…
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5 Words of Investing Wisdom From King Solomon
For King Solomon, wisdom was more precious than riches and the key to living a prosperous life beloved by God. In today’s financial world, the wise King’s advice still rings true, offering guidance for investing smart in a constantly changing market. Become informed about investing. “Blessed is the man that findeth wisdom, and is rich…
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When Getting Credit Creates Bad Credit
The wise King Solomon advocated industry, thrift and hard work as ways to create a prosperous life. His Proverbs point out the connections between personal responsibility and a Godly life – connections that still ring true today. In this modern world, though, managing debt –- not staying out of it – can be a measure…
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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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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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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…
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When Good Debt Turns Bad
In a previous post, we took a look at why new and recent college graduates saddled with student loans are wary of taking on the traditional debts of adult life: car loans and mortgages. King Solomon recognized the connection between wisdom and the stability of houses. “Wisdom hath built herself a house,” he says in…