Tag: King Solomon
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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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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…
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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…
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Terrorism Insurance? It All Depends
King Solomon had harsh words for the wicked, those who seek to harm others and entice them into evil deeds. Now, his Proverbs on the subject may speak especially clearly in the aftermath of last week’s events in Boston, where two homemade bombs killed three, injured 170 and sparked a manhunt that riveted not just…
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Mortgage Settlement Checks Reach Victims – Only to Bounce
King Solomon advocated equitable dealing with others, and a respect for the poor – who, according to his Proverbs, were more virtuous than the greedy rich. “The blessing of the Lord is upon he head of the just,” the King says in Proverbs 10:6, “but iniquity covereth the mouth of the wicked/” Today, victims of…