Tag: money

Eye-catching banners on high-traffic websites, marketing campaigns, genuine or illusory discounts, deals that vanish in seconds. Shopping lists, fierce price hunts, early morning alarms. Jumping the gun, millions in sales, ecstatic or dissatisfied customers, delayed deliveries, and blown budgets. In a word: Black Friday.

When Reader's Digest asked readers to share a time when someone took care of one of their needs, the stories poured in, proving that our world is still full of ambassadors of generosity.

Entitled "From pauper to pastor," Jeremiah Steepek's story had all it needed to go viral. People were moved, liking and sharing it on social media with an enthusiasm that, ironically, is never seen in relation to real beggars. Is there a way out of this seemingly unfortunate situation?

Money can do strange things to people. A few years back, a survey in England asked people to imagine first that the average income was £100,000, but they earned £125,000. Second, they were to imagine that the average income was £200,000, but their income was £175,000. They were then asked which they would prefer. The majority chose £125,000—they would rather have the possibility of lower spending opportunities if it kept them ahead of the pack!

Years of prosperity swallowed up in a few months of recession—that's how you could sum up the global economic crisis that began in 2007. At its core, the worst recession since the interwar period turned out to be a mirror into which none of us want to look.

Money . . . It’s the grease that makes the world go round, yet it’s one of the least chosen table topics of choice. With the rising cost of living, the price of lettuce being tripled and a seemingly never-ending list of things to pay for, many are worrying about their financial future. So long as we continue to ignore the conversation, the small problems we let slip regularly will build up to substantial challenges. Talking about money is necessary if we want to turn our situations around.

"There is a time for everything, and a season for every activity under the heavens" (Ecclesiastes 3:1).

Do you remember the man who was supposed to marry Rose in Titanic? He dressed exceptionally well, had slick brown hair and was from a family of great wealth. His character was based on the life of a man named Caledon Hockey. He survived the shipwreck but not the Wall Street Crash. When the stock market fell in 1929, Cal’s money and everyone else’s plummeted in value to the point that people were bringing horse carriages of cash into town only to afford a loaf of bread.

Talking about finances as a couple is not always comfortable; money has often been the cause of marital conflict. Aligning your financial goals and philosophy can be a difficult process that begins with answering a simple question: joint or separate accounts?

The smell of burning food filled my tiny kitchen. “What's that smell?” I asked a friend who was sharing my house for the week. Every young man knows the smell, familiar from an early age—your first acquaintance comes from burnt toast and camping trips where, after burning everything you tried to cook, you end up eating your baked beans straight from the can.

Money is essential in our Western world. It allows us to purchase the necessities of life—food and shelter, for instance. It pays the bills for heating and cooling. There may even be enough for some luxuries.

If life were merely about money, it would be like a game of Monopoly. At the end of the game, you’d count your cash, add up the value of your assets and find out whether you’d won or lost. Then you’d breathe your last.

The search for happiness is one of humanity’s greatest motivators. But most of us seek it through higher salaries, bigger and better homes, the newest gadget or latest fashion. A recent survey of wellbeing highlights three simple keys to happiness that most people can possess: a balanced and generous approach to money, a strong sense of life purpose and a few close and supportive relationships.

In order to obtain money, along with the facilities offered by specialised institutions (banks, credit unions, mutual assistance services), many people resort to a series of ad-hoc financial relations, known as “personal loans”.

Are you financially literate? If your financial management strategy is one of the following four, then the answer is probably no.