Two life lessons flowed out of my reflections on the solution of issues that posed the biggest challenges to some of my students this semester. As I pondered different situations, I asked this question: What were root causes of students’ biggest problems that prevented them from presenting papers on time? The answer was obvious: Poor […]
Popular teaching about personal finance encourages people to concentrate on credit scores, cheap credit, and credit cards. Essentially, it assumes you will live in debt forever. It does not mention the single, key, controllable element in personal finance—individual choices that decide spending, and lead to financial results. Getting out of debt is primarily a behavioural matter; […]
Your decision making process is more important to a successful result than your analyses to prove the validity of a decision. That’s what research shows consistently. How do you decide? Do you follow a predictable process or do you let your emotions or situations lead you? My research suggests we let circumstances direct us, unwittingly. That’s why […]
How to stop living paycheck to paycheck will take time, sacrifice, and patience. The solution won’t be easy, and it might be counter intuitive. It will focus primarily on lifestyle choices, not on strategies to get more money. How to Stop Living Paycheck to Paycheck Since the apparent problem is a lack of money, logically, […]
Holiday survival kit? Why does anyone need a holiday survival kit? One definition of survival is “to continue to live in spite of difficult circumstances.” Have Chanukah and Christmas become difficult times? For many, they have, although these periods are meant to be times of reflection and celebration. That’s why we need a holiday survival kit. These can be […]
What does stewardship mean today for businesses? Since the Great Recession, executives have become more aware of their fiduciary responsibilities. Nowadays, there is greater protection for shareholders. Still, we have a long way to go for effective stewardship to be pervasive in organizations.
How do you get on top of your finances when you are deep in debt? As you proceed, it seems you are digging one hole to fill another, doesn’t it? I believe by God’s grace; these seven steps might help you navigate this challenging path.
Are you aiming to lead a balanced life? Balancing work and family? Maybe, work, family, church, other activities? I strive to live an unbalanced life—that’s right, unbalanced. I know this is counter cultural because, like you, from all sources I hear the balanced life mantra. I think this balancing act was a key reason for the disturbing findings in a December 1983 Princeton Religion Research Center survey conducted for The Wall Street Journal by the Gallup Organization.
Fear and panic consumed Wall Street early this morning giving rise to programmed selling—sales generated automatically when certain pre-set stock prices were reached. Bargain hunters intervened and stopped the onslaught from continuing, and the market recovered some of the losses. The Dow Jones Industrial Average (DJIA), plunged more than a 1000 points in the first six minutes of trading today. It recovered to close down 588.47 points, or 3.6%, at 15,871.28—the lowest level since February 2014. The carnage was similar world wide: the Canadian S&P/TSX 60 was down 3.1%, Nikkei, Japan was off 4.4%, and Shanghai, China dropped 9.3%.
What should you do with your pension and savings that’s fallen 20%, 30%, or more in the past week?
What does it mean to seek first His kingdom? Apostle Paul and other disciples are perfect examples. More recent individuals include Corrie Tenn Boom and George Müller. Sadly, we do not grasp the essence of the life of a follower of Jesus because we focus on us and our entitlements. Besides, TV evangelists present God as a celestial slot machine from whom we demand comforts. When we don’t get them, these charlatans blame a lack faith. Meanwhile, their followers support their wealthy lifestyles.