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March 03, 2013

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I believe the difference here is hope. Those with hope will take the initiative to manage GOD's resources well, while those lacking hope feel what is the use and they don't care. I commonly see this when I provide financial counseling to those in poverty.

Do you think the "wisdom" referred to here is really exclusively, or even primarily, about money management?

Sarah -

Do you?

There are more avenues today that take the wisdom out of managing your life and we are convinced these are the norm.

It's not just about wisdom, it's about discipline and understanding what you really need to be happy IMHO). Although material things are nice they aren't really necessary to be happy, I'd rather have a nice safety cushion in an account somewhere than a shine (insert vehicle here) in the driveway. Then again there's that old adage, " a fool and his money are soon parted".

I like your take on this. I know a few people who make 3-5 times more than I do, yet have a lower net worth than me. What good is a large income if you don't put it to work for you?

Many people think their rich because they live lavishly and spend all of their money every paycheck. The wise person is definitely those who are well invested and financially free. Well put.

A fool is someone who lives in disregard of God. Spending as much or more money than one has on selfish pleasures is foolish.

I think there is a third alternative. We automatically assume the answer is spend less than you earn and save as much as you can. One can also live life as a faucet rather than a bucket. It's possible to choose not to retire at all but live simply, save enough for unexpected emergencies, and allow resources to flow where your heart is.

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