Tag: financial management
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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…
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10 Words of Wisdom on Real Estate
King Solomon’s Proverbs make it clear that houses are a key to a prosperous life. “Wisdom hath built herself a house,” the king says in Provetbs 9:1. But the wise King isn’t the only one who understood that real estate endures – and has been a prudent investment throughout the ages. Here’s a sampling of…
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The Coin: a Digital Wallet for a Paperless World
King Solomon’s ageless advice on managing money and living a prosperous life hinges on prudence and wisdom – and being skeptical of the promises of strangers. And, as the Coin, a new digital device that promises to take the place of a traditional wallet full of cards and cash, splashes onto the scene, the wise…
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Can Bank Fraud Cases Harm the Economy?
The recent string of lawsuits pressed by the government against the country’s big banks might have been unheard of in the days of King Solomon, but the wise king’s words on evildoers and liars still apply. The ways of the Lord include wisdom and “keeping the paths of justice, and guarding the ways of saints,…
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Private Lending Boosts New Investors
Taking advantage of the counsel and support of parents is a key piece of King Solomon’s advice for living a long and prosperous life.“My son, hear the instruction of thy father, and forsake not the law of thy mother,” the great king tells us in Proverbs 1:8. And now, as tighter lending standards are squeezing…
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Do Alternative Currencies Threaten Traditional Banking?
King Solomon’s proverbs invite us to think about what money really means – wisdom, prudence and respect for God are more important than material goods. Today, the rise of digital alternative currencies like the Bitcoin are challenging people worldwide to rethink the meaning of money – and that raises fears that the mainstream rivals of…
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Is Gold a Prudent Investment Today?
In his many proverbs about what’s important in life, King Solomon reminds us that wisdom and prudence rank far above worldly riches, silver and gold. Today, too, as the price of gold continues to fluctuate, market watchers are raising questions about the place of gold – and the so-called “gold standard” will have in today’s…