Hope for your financial life and beyond

A Sobering Takeaway From the Malaysia Airlines Flight 17 Crash

Hidden Nuggets Series #49 – “See that you walk circumspectly, not as fools but as wise, redeeming the time, because the days are evil.” – Ephesians 5:15

rocket launcherTragedy always catches our attention.

So my thoughts have been perked this past week as the news outlets have reported the gruesome scene at the crash site of Malaysia Airlines Flight 17. 298 people were gone in an instant, their bodies littered with the airplane debris over the Ukrainian countryside. Their families will be impacted forever, perhaps never finding resolution.

Like you, I’ve flown countless times. The tranquility of cruising at 30,000 ft. sets the mind at ease. We can find relaxing peace there, sipping our drinks and gazing out the window. The sun shines brightly on the clouds below, magnifying the beauty of God’s creation.

To be in that moment and have it be your last is more than I can bear to dwell on. I can’t imagine what those last seconds were like as the surface-to-air missile struck the plane.

Outside of the TV series 24, who does this? It’s shocking. It’s inhuman.

Except that it’s not inhuman because it was accomplished by at least one human. Which brings me back to a sobering conclusion that I’ve known all my life – the world can be a very evil place.

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Rethinking the Definition of Success

Hidden Nuggets Series #48 – “Therefore this joy of mine is fulfilled.” – John 3:29

definition of successWhat is the definition of success?

Such a loaded question and a difficult thing to determine. I would say most measure whether a person has been a success based on a position attained, an amount of wealth accumulated or the level of power they possess. Other views may define success as simply reaching a goal or leaving an impact on others – a legacy that lasts after the person is gone.

Either way, there seems to be a fine dividing line between success and failure in the world’s eyes. To borrow a famous movie line from Trading Places, “One minute you are up half a million in soybeans and the next, boom, your kids don’t go to college and they’ve repossessed your Bentley.” One misstep it would seem can have that big an impact.

Complicating the definition of success even further is that we struggle evaluating ourselves. More often than not it’s the world and other people’s opinions telling us whether we are a success or not. Instead of gauging ourselves and being good with that, we let strangers define our level of success – people who may not have all the facts, who misread our motivation and fail to understand our endgame.

I don’t believe in a magic formula that defines success. There is too much subjectivity involved. For example, as I describe the life of this particular person, would you classify him as a success?

A Success Profile?

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I’ve Scrapped My DISQUS Commenting System To Run A Blog Experiment

Hidden Nuggets Series #47 – “The heart of the prudent acquires knowledge…” – Proverbs 18:15

figurine at computer with blank comment cloud

Will you now be more likely to share your thoughts here?

I find it frustrating when people make blanket statements about a topic without proof to back up their claim. They present their argument as the gospel truth when, in reality, it is only based on speculation. At the most they have anecdotal evidence to support their claim, not anything that would validate their position.

Truth is, I also do this more often than I should.

Evidence is the best indicator of truth. That’s why it’s so vital in a court of law. Without sufficient indicators that connect the dots, the accused will more than likely walk free. That’s why the prosecutor works diligently to acquire the necessary knowledge to convince the court his arguments are valid.

The Bible says in Proverbs 18:15 that “The heart of the prudent [wise] acquires knowledge…” Why? I’m convinced it’s how we make better decisions, produce surety and make us prosperous. As Solomon would later right in Ecclesiastes 7:12, “…the excellence of knowledge is that wisdom gives life to those who have it.”

What does this have to do with a blog commenting system?

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How to Play the “Take This Money – No Thanks – I Insist” Game

Hidden Nuggets Series #46 – “But the king replied to Araunah, “No, I insist on paying for it. I will not sacrifice to the Lord God burnt offerings that cost me nothing.” – II Samuel 24:24

I insistNo doubt at one point or another, you’ve been caught up in the verbal posturing known as the “Take this money” game.

The conflict in this game centers around one person’s refusal to take a sum of money being offered. The format can be played in two directions. In one scenario, you are the person offering the money. In scenario two, you are the person receiving the money.

In either configuration, the person being offered the money refuses it, thus leading to some tricky verbal exchanges:

“Here, take this.”

“No thanks.”

“I insist.”

“No really, that’s not necessary.”

“No, I have too…you went through so much trouble” (said while thrusting the money at the other party).

“I don’t want it…really, it was no trouble” (said with hands held head high and palms outward in the “stick-em-up” position).

“Here, you must…” (said with a hyper voice while trying to physically put money in the person’s hand or jacket pocket).

“No, please…I’m not taking it…” (tone starting to get defensive).

And on the exchange can endlessly go.

As a child, I watched several of these exchanges devolve into heated arguments. I never understood why either side would be so stubborn. More than anything, it boggled my mind that someone would refuse money of any amount being offered them. Why? “It’s money for crying out loud. Take it already!” I remember thinking.

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The Two-Faced Giver: When It Looks Like Rain It’s Supposed to Pour

Hidden Nuggets Series #45– “Whoever falsely boasts of giving is like clouds and wind without rain.” – Proverbs 25:14

the dark clouds of a thunderstormPopup thunderstorms dot the landscape of summertime. You know the kind that develop as the afternoon heat and humidity build. Atmospheric conditions can change quickly producing dark clouds and high winds. The next thing you know, a torrential downpour is watering your garden or causing gridlock on the roadways as you drive home from work.

When an entire weather system crosses through your area, it is obviously going to rain. The front can extend for hundreds of miles, drenching everything in its path. When we see the prediction of 100% rain on the morning news it’s easier to plan the day around the approaching weather. We anticipate and know almost for certain rain is going to come.

Not so with the pop up thunderstorm.

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Bugs Bunny’s Quest to Beat Cecil Turtle Cost Him Dearly

Hidden Nuggets Series #43 – “A faithful man will abound with blessings, but he who hastens to be rich will not go unpunished.” – Proverbs 28:20

Cecil TurtleOver a six-year period between 1941 and 1947, Bugs Bunny and Cecil Turtle engaged one another in three epic racing duels. Bugs was steamed upon learning the story of The Tortoise and the Hare in Aesop’s Fables. He set out to debunk the legend that a slow turtle could ever beat a speedy rabbit.

In their initial race, Cecil employs the help of his eight look-alike relatives/friends to serve as doubles. He positions them along the race path to confuse Bugs. Of course, one is waiting just past the finish line claiming victory when Bugs arrives.

In the 1943 rematch, Bugs builds an aerodynamic turtle shell that slips over his body. Cecil counters by wearing a rabbit suit. The not-so-bright Bunny Mob, who has placed all its bets on the rabbit, confuses Bugs for the turtle and prevents him from winning the race.

Four years later, Bugs gets one final shot. In classic Looney Tunes style this race would end with a dramatic twist.

Cecil Turtle Gets to Bugs

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God Wants the First Bite of Pie

Hidden Nuggets Series #42 – “Honor the Lord with your possession, and with the firstfruits of all your increase; so your barns will be filled with plenty, and your vats will overflow with new wine.” – Proverbs 3:9-10

blueberry cheescake and hot coffeeEver let someone else take the first bite off a piece of your pie?

I don’t understand it but a psychological thrill ride occurs when I slide a fork through the tip of a triangular shaped slice of pie. It’s as though I’m embarking on a slow, taste sensation journey, the first step of which is to destroy the perfectly symmetrical geometric figure.

When someone else takes the first bite, the whole pie eating experience is diminished. The rest of the piece doesn’t taste quite the same. When I’m polite enough to let this happen, I’m totally bored eating the rest of it. It’s as though my mind is saying, “Eh…it’s just pie.”

A part of me is happy for the person I gave that first bite to. I know they appreciate it. The look of pleasure on their face as the piece dissolves in their mouth gives that away.

Deep down, I’m envious and selfish. It was my pie after all. Shouldn’t I enjoy the pleasures of the first bite?

That’s right…it’s all about my needs.

How can I stop thinking like that?

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Since the Dawn of Time Our Purpose Has Involved Work

Hidden Nuggets Series #41 – “Then the Lord God took the man and put him in the Garden of Eden to tend and keep it.” – Genesis 2:15

bamboo reed umbrella on a beach looking at to oceanIn light of my decision to quit my job and become a stay at home dad, I’ve been reflecting on how my work will change going forward. It will be different for sure as I won’t have a typical employer-employee relationship. I’ll be responsible to make sure tasks get completed around the home and that my writing stays on track. Of course, my wife will be around to monitor how things are going, but I’ll essentially be accountable to myself for it to happen.

Whether a person is a homemaker or a CEO work can become tedious and tiresome. Many get sick and tired of their jobs and begin to look for ways to escape. At times it seems the best thing would be to win the Mega-Millions Jackpot and escape to the beaches of paradise, never to work again.

If you feel that way perhaps a different perspective is in order. It’s time to realize that humans were endowed with the nature to work from the very beginning. Even the first two created beings could not escape it, even in paradise.

Being Guided to Your Calling

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Wrestling Against Something Twice Your Size

Today my wife Kim contributes to the Hidden Nuggets Series by discussing what we are learning about life from our boys’ wrestling.

Hidden Nuggets Series #39 – “As iron sharpens iron…” – Proverbs 27:17

We have four great kids, two girls and two boys. Our two boys are aged 11 and 6, and they wrestle – boy do they wrestle. All. The. Time. In their room, in my room, outside, at their sister’s soccer game 2 inches from the sidelines — doesn’t matter, they are wrestling.Boys Wrestling

I don’t know how it usually starts, but I have a feeling that one of them pokes the other and then off they go.  Now, our 11 year old – (I’ll call him Bubbers – long story) – is about twice the size of the 6 year old — (I’ll call him Doot – longer story). When I watch Bubbers and Doot wrestle, it is really no contest. They are having a ton of fun, but Bubbers wins every single time.

It usually takes about 20 seconds or so. Doot will be almost pinned to the ground, usually with an arm raised up in protest, and then boom – Bubbers grabs his wrist and Doot is pinned down flat. Bubbers lets him up, and they’ll start circling around each other to go at it again.

Brian and I have started noticing something though about the outcomes. Bubbers still always wins, but it is starting to take a little longer. Doot has figured out that if he gets down a little and lowers his center of gravity, then he can last just a smidgen longer.

What do you think will happen when Doot gets to be closer to Bubbers’ size?

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The Crew at Modest Money Is Teaching Us a Big Lesson

 

Hidden Nuggets Series #38 – “…he who gives, with liberality…” – Romans 12:8

Logo from the personal finance blog Modest MoneyJeremy Biberdorf of ModestMoney.com is killing it. I know Jeremy only by his reputation in the personal finance blogosphere, a few casual emails and comments and the fact that he shares my content via Twitter. I’m thankful for his site though because he’s really helping personal finance bloggers out.

In case you are unaware, Jeremy has put together a Top Finance Blog List on his site. If you run a personal finance blog, you can submit it there and get listed/ranked versus other blogs based on your site’s traffic, social media reach and SEO quality. As of today there are 183 listed.

So why would he do this? I mean there are other well established lists out there at Wisebread and MoneyCrashers that do the same thing. Do we really need another one?

Well the obvious answer is that it helps drive traffic to and enhance his site. OK…I can buy that.

I’ve got a sense though there is a deeper issue here. There is something very generous about what he’s doing, allowing us to create a link on his well-established site. It feels “beyond-the-call-of duty-ish” – something he didn’t have to do, but maybe wanted to in order to help others out.

Whatever his reasoning, I still draw a big lesson from it. In the bigger picture for me, it reinforces the need to give and do so liberally. In my mind and my heart I know this concept. I simply tend to forget it.

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This Debt Relief Practice Was No Scam

Hidden Nuggets Series #36 – “At the end of every seven years you shall grant a release of debts. And this is the form of the release: Every creditor who has lent anything to his neighbor shall release it; he shall not require it of his neighbor or his brother, because it is called the Lord’s release.” Deuteronomy 15:1-2

letters on small tiles that spell out the words "Debt Relief)How would the world be different if creditors were required to release the debt of individuals every seven years?

This actually happened in the Old Testament of the Bible as you can see from the verses above. God required the Hebrew people to release the debts of the poor every seven years. That’s right…if they still owed money at the seven-year interval, their debt was cancelled.

Sign me up for that program!

If this seems like an odd thing, consider God has always had a special place in his heart for the poor. There are many verses in the Bible related to the proper treatment of those less fortunate. I see this as God’s way of giving them a fresh start and squashing any potential exploitation of the poor at the hands of the wealthy to carry on indefinitely.

Whatever the reason it’s clear God did not want his people staying in a perpetual state of debt.

I’ve often wondered how this practice impacted their feelings about borrowing and lending.

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