CSoM 4: LEVERAGE

May 03, 2023 01:01:32
CSoM 4: LEVERAGE
Abrahams Wallet
CSoM 4: LEVERAGE

May 03 2023 | 01:01:32

/

Hosted By

Steven Manuel Mark Parrett

Show Notes

Mark Parrett and Steven Manuel describe one of the most important skills anybody can master when it comes to financial acumen: the ability to deal with debt. First of all, what does the Bible say? Is it legal for Bible people to borrow (or lend) with interest? Then: is getting out of all debt ASAP always the best policy? Might there be GOOD debt as well as BAD debt? And what does LEVERAGE really mean? Also: what about that time the fellas went out to Las Vegas to watch some hoops?

Abraham's Wallet exists to inspire and equip Biblical family leaders. Please partner with us in inspiring and equipping multi-gen families at https://abrahamswallet.com/donate/

Resources mentioned in this episode:

About Abraham's Wallet:

AW website: https://abrahamswallet.com/2017/11/27/what-is-abrahams-wallet/

Apple Podcasts: https://podcasts.apple.com/us/podcast/abrahams-wallet/id1462593706

Spotify: https://open.spotify.com/show/6xbcf3IhayaoKB4sTegPRw?si=4M-m7mwUR0GigEkgrf3aJA

YouTube full episodes: https://www.youtube.com/@abrahamswallet

Twitter: https://twitter.com/abrahamswallet

Facebook: https://twitter.com/abrahamswallet

Instagram: https://www.instagram.com/abrahamswallet

This Week's Episode Rundown:

1:45 basketball in Vegas

9:15 Series summary

10:50 Leverage

12:30 What does the Bible say about debt?

27:15 How do you handle debt wisely?

31:45 How people think wrongly about mortgages

37:15 A simple leverage example (that produces 350K in profit!)

42:45 Thoughts on buying a car

50:15 Sam the Shopper: A Short Story (about bad debt)

52:45 Twitter account recommendations

59:48 Final thought from Steven- don’t give up!

Other Episodes

Episode 0

May 26, 2021 01:00:32
Episode Cover

DOUGH: Poverty 2- Scarcity Book Review

Steven Manuel and Mark Parrett continue their conversation about poverty (10:30) as Mark reviews the book Scarcity: Why Having Too Little Means So Much,...

Listen

Episode 0

August 19, 2020 00:22:08
Episode Cover

Business Over People

Steven Manuel offers a counter-intuitive perspective on the decision to prefer the livelihood of a business over the comfort or support of an individual....

Listen

Episode 0

November 15, 2023 01:01:25
Episode Cover

Divorce Reaction Q&A

The fellas answer your practical divorce questions: What if a couple divorce "amicably"? Is THAT ok? How do you talk about divorce to children?...

Listen