DOUGH: How to Take a (Financial) Hit

July 27, 2022 00:54:04
DOUGH: How to Take a (Financial) Hit
Abraham's Wallet
DOUGH: How to Take a (Financial) Hit

Jul 27 2022 | 00:54:04

/

Hosted By

Steven Manuel Mark Parrett

Show Notes

Mark Parrett and Steven Manuel talk (from painful personal experience) about how to take a loss and get back on your feet:

1. Do spiritual work first (10:00)

2. Work though the loss relationally (with the wife) (17:45)

3. Have or review a financial plan (25:20)

4. Share your loss with trusted friends (28:45)

5. Restore truth in your thinking (30:00)

6. Reconsider your financial assumptions (40:15)

7. Recoup integral losses via work and savings (42:30)

8. Rebalance as needed (43:40)

They finish up by talking nonsense about sneakers, restaurant reviews, and YouTube. You don't have to listen to that part.

Enroll in our "Draft a Family Vision in 3 hours" course

Help us equip more biblical bosses!: https://abrahamswallet.com/support

AW website | YouTube | Instagram | Facebook | LinkedIn

Other Episodes

Episode

March 19, 2025 00:54:58
Episode Cover

The $50,000 Question: Is More School the Right Move for You?

Many of us get to a point in our lives where going back to school seems like the next move. Everyone else is doing...

Listen

Episode

November 06, 2019 00:15:29
Episode Cover

The Hidden Power of Purchase Delay

Your ability to delay gratification might be one of the most powerful determinants of your success in finance… heck, in all of life.  Don’t...

Listen

Episode 0

July 16, 2025 00:51:33
Episode Cover

The Brutal Truth about Trump’s New Tax Bill

What’s happening with Trump’s new tax bill? Is your Social Security now tax-free? What’s the catch with these new Trump accounts? There’s a lot...

Listen