Hope for your financial life and beyond

Feed Your Pleasures and Break the Bank

Hidden Nuggets Series #24 – “He who loves pleasure will be a poor man; He who loves wine and oil will not be rich.” – Proverbs 21:17

ID-10035317I’ll bet they really knew how to throw a party in King Solomon’s day.

His reign ushered in the peak of ancient Israel’s wealth and prosperity. Buoyed by the successful reign of his father King David and endowed with special wisdom from God, Solomon’s kingdom produced so much wealth, the Bible has this to say about it in I Kings 10:27:

“The king made silver as common as stones in Jerusalem…”

How’s that for wealthy? And everyone, rich and poor, was able to benefit.

The rising tide lifted all boats.

So you can see why I think parties were commonplace, especially at the palace. At the minimum they lived in extreme opulence. We know Solomon’s throne was made of gold and overlaid with ivory. That’s pretty sweet.

With all this wealth at his fingertips Solomon could pleasure himself with anything he wanted.

[Read more…]

The Value of Repetition – As Witnessed Through My Daughter

Hidden Nuggets Series #22 – “And these words which I command you today shall be in your heart. You shall teach them diligently to your children, and shall talk of them when you sit in your house, when you walk by the way, when you lie down, and when you rise up.” – Deuteronomy 6:6-7

ID-10057677Repetition is the key to learning.

Repeat things consistently, day in and day out, and patterns will develop that are extremely difficult to break. These patterns could be positive or negative depending on what has been repeated. Either way, they get hard wired into the brain and influence our behavior.

As a parent, I serve as the default pattern developer for my children. They will pick up on what I routinely say and do and begin to express those things in their life (both consciously and subconsciously). Nothing serves to be more encouraging and/or terrifying as seeing your children turn into you.

[Read more…]

The Lustful Spending Desires I Routinely Battle

Hidden Nuggets Series #21 – “But each one is tempted when he is drawn away by his own desires and enticed.” – James 1:14

Citizen Eco-DriveWhat consumer products seduce you?

We all have our weaknesses when it comes to spending. There are certain consumer items that routinely tempt us to purchase them. For the longest time I refused to believe that I had an issue giving in to these temptations.

However, I began to notice certain behavior patterns emerging that forced me to admit to the truth. Certain consumer products are very attractive to me and I have to continually fight my spirit’s desire for them.

What Are the Signs of Desire?

[Read more…]

An Open Hand: The Most Powerful Money Visual Ever

Hidden Nuggets Series #20 – “…you shall not harden your heart nor shut your hand from your poor brother, but you shall open your hand wide to him and willingly lend him sufficient for his need…” – Deuteronomy 15:7-8

money in open handGiving is especially on my mind as we enter the holiday season.  I recently talked about why people give for the wrong reasons and how dangerous that can be. I followed that up on Wednesday by describing the five step giving plan my wife and I use to decide where our money goes.

What I’ve realized is that personal finance is all about making intentional and wise decisions with your money. Giving is no different.

Through it all, there has been one common theme related to giving – our attitude.

Several years ago I heard someone speak about our mental attitude in relation to how we view money. This person used a powerful visual that has stuck with me ever since. I’d like to share it with you today because it has revolutionized how I think about money and the opportunities I have to give.

The Open Hand Symbolism

[Read more…]

There’s a Robber Stripping You of Wealth

Hidden Nuggets #19 – “A little sleep, a little slumber, a little folding of the hands to rest; So shall your poverty come like a prowler, and your need like an armed man.”  – Proverbs 24:33-34 ID-10074458

Robbers are all of a sudden a common topic for my 5-yr. old son. Several weeks ago his well-intentioned 7-yr. old sister informed him that there are people who sometimes come and steal little children away. She’s trying to help him be wary of strangers.

Now all the shadows in his room at night have him worried. A little bit of fear has crept into his mind. He is realizing, perhaps for the first time, the world is not altogether safe and he’s worried about being separated from his family.

However, in his unsettled frame of mind, he is forgetting all the elements we have put in place at our house for his protection. Dead bolt locks on the doors. The monitored security system. Two skeptical dogs that bark at ANYTHING! An equalizer locked in the gun safe.

We’ve taken measures at our home to protect ourselves from thieves. We have also taken measures in our personal lives to protect ourselves from ever experiencing poverty. That’s a place we never plan to go, mostly because we are not letting ourselves become vulnerable to it.

How so? [Read more…]

Fire Brings Out the Best in You

Hidden Nuggets #18 – “For you, O God, have tested us; you have refined us as silver is refined.” – Psalm 66:10

Metal Casting That silver or gold ring you are wearing didn’t always shine with such brilliance. When those elements were resting in the earth awaiting excavation, they had company – nasty impurities. These would have to be removed before that precious substance could be formed into something worthy enough to be displayed behind showroom glass.

To purify metal we need heat – so much heat that the metal melts. In that state, the impurities loose themselves from the metal and float to the top. The refiner scoops off this dross, leaving only the precious metal. The more refining steps taken, the purer and more valuable the metal becomes.

Insert “life” for “metal” here.

[Read more…]

Stealing From Your Employer

Hidden Nuggets #17 – “Let him who stole steal no longer, but rather let him labor, working with his hands what is good, that he may have something to give him who has need.” – Ephesians 4:28

stealing from your employer

You gonna pay for that?

Your employer needs your hard work to benefit the company.

That’s why they hired you. The company was looking to fill a void so it could make a profit. Something about you stood out.  Match made in heaven.

They believed in you…trained you…even facilitated your success by assigning tasks that would maximize your skills.

So why are you repaying that generosity by stealing from your employer?

Stealing From Your Employer Actions

“What? Me? I would never think about stealing from my employer.”

Most wouldn’t. But before you dismiss the question, have you ever done these things at work:

[Read more…]

I’ll Take Money Over Love. Would You Ever?

Hidden Nuggets Series #14 – “…and every one of us will give you 1,100 pieces of silver.” – Judges 16:5

money over loveWhat values would you betray for money? Would you take money over love? Would you lie or steal if you had a 100% chance of striking it rich?

Would you abandon your morals for one million dollars? Would it make a difference for $10 million? $100 million?

Even thinking about that question makes us feel dirty. We try to convince ourselves it would be impossible to forsake our core principles and beliefs for money. Deep inside, however, we know there would be serious temptation, especially if our financial situation was dire.

Such is the nature of our humanity.

Of course the scenario I set forth Hollywood has already made into a movie – the 1993 not-so-critically-acclaimed drama Indecent Proposal. (Kids need not apply to watch!) It’s not an original story line however, because the theme of someone taking money over love dates back much further than that.

She Took Money Over Love

[Read more…]

I’m Running Naked and Loving It

Hidden Nuggets #14 – “…let us lay aside every weight, and the sin which so easily ensnares us, and let us run with endurance the race that is set before us…” – Hebrews 12:1

running nakedHistorians describe a revealing practice among the ancient Greeks. Apparently it was common for athletes participating in distance races and other athletic events to wear no clothing. That’s right…au naturel. Debate continues as to when and where this first occurred. The idea behind it however is clear – remove all encumbrances so the body can perform at peak efficiency.

How times have changed…thankfully!

Last Saturday when I completed the Baltimore Marathon, I did so with over 3,000 fully clothed marathoners.  However, many of them were “running naked,” including myself. How’s that possible?

[Read more…]

I Need Patience Now!

Hidden Nuggets Series #13 – “…let us run with patience the race that is set before us…”   Hebrews 12:1

ID-10061781The words found in the above verse are fitting considering the incredible task I face. At 8:00 AM tomorrow, amidst the coolness of the morning and the likelihood of rain, I will attempt to complete the Baltimore Marathon in 4 hours or less. I set this crazy goal back during the first weeks of January and the moment has finally arrived.

It’s about time because I hate waiting.

And when the gun sounds and the early stages of the race begin, I will again fight my ongoing battle with patience.

[Read more…]

A Trick to Stay Motivated

Hidden Nugget Series #11 – “And let us not grow weary while doing good, for in due season we shall reap if we do not lose heart.”  Galatians 6:9

stay motivatedTwo weeks from today several significant milestones will take place in the Luke1428 household. On Friday, Oct. 11th, I’ll be flying to Maryland to compete in the Baltimore Marathon over the weekend. That event will bring to an end my arduous 5-month training schedule that has seen its share of nagging injuries, post-run ice packs and more diet restrictions than I care to think about. (Can I please just have a soda?!)

That same day Mrs. Luke1428 will turn in her final grad school assignment in what has been a three-year vocational transition from teaching high school math to becoming a full-fledged CPA at a private accounting firm. We’ve already celebrated the completion of her CPA requirements and this last class wraps up her quest to secure an MBA as well. I’ve written extensively in my monthly updates how mentally and emotionally challenging this has been for the entire family. I really can’t believe we’ve made it to the end of our long, dark tunnel.

Anything of value worth seeking brings some kind of hardship. Invariably the intense pursuit makes it incredibly difficult to keep moving forward day in and day out. The end looms so far in the distance. Weariness sets in. Discouragement soon follows. And then the questions begin.

[Read more…]