Thrift doesn’t start with seeking sales and clipping coupons, but with a character of contentment.
Disasters strike, both in nations and in families. Hurricanes happen, jobs are lost, and terrorists crash airliners into buildings. Our first reaction is disbelief and disorientation. On 9/11/2001 many Americans spent the day staring at the television, unable to accept that such an attack happened in the USA and uncertain of what the attack meant for our future. On any day, when a family member is diagnosed with terminal cancer, a friend dies in an accident, or a husband loses his job, our normal reaction is stunned silence, fear, sadness, and stunned silence again.
Our second reaction depends on the individual. Some people sink into despair, others begin frenzied work, and still others lash out at whoever or whatever they think is responsible for their pain. Over time, those who are psychologically healthy transform their hardship into a new way of looking at the world, adjust their actions, and resume a normal if inexorably altered life. Those who cannot end up getting help from health care providers and ministers to help them reassemble the pieces of their shattered soul.
Continue reading “Robust Thrift”
We often buy not to enjoy our purchase or meet a physical need, but to fill a hole in our hearts, a lack in who we are.
The Christmas season has just ended, and people worldwide have been evaluating the effects of the holiday. Some people do not celebrate Christmas, and so whatever effect the holiday has on them is indirect. A Buddhist in China, for example, may not believe in Jesus Christ, but may be employed manufacturing toys or clothes given as gifts by those who do believe. A Muslim in the Islamic State may hate the very idea of Jesus Christ, but realize that his American and Western foes are less likely to attack him on December 25th. A Western secularist may scoff at Christianity, but still take advantage of Black Friday shopping bargains and deal with holiday traffic. For many in the West, and in other parts of the world, Christmas is a social rather than a religious holiday.
Continue reading “Why We Buy”
In my grandfather’s childhood in rural Arkansas, most of the food that he ate and the clothes that he wore were produced at home. His ancestors had built their own houses and furniture for generations, and store-bought goods were rare and expensive. While people knew little about foodborne illnesses and other hazards, they knew where the food and other products in their lives came from.
Such is not the case today. Our plates are filled with Indian rice, Honduran bananas, Japanese fish, or American wheat. We buy shirts from Mexico, cars from Germany, shoes from Italy, or electronics from China. Imported consumer goods are only as safe as the governments and producers in their country of origin require. A report in the New York Times stated,
Continue reading “Consumer Product Safety”
Put your money where your heart is, and live your conscious with your finances.
Christians often have a conflicted relationship with money. On one hand, Paul was a tentmaker who supported himself in ministry, and he tells Timothy that “a man who fails to care for his family is worse than an infidel (1 Timothy 5:8).” Many saints in the Bible were wealthy, from Abraham to Joseph of Arimathea, and they used their wealth to further the Kingdom of God.
Simultaneously, the Bible speaks often of money, and warns repeatedly against pursuing wealth. Paul says, “the love of money is the root of all sorts of evil (1 Timothy 6:9-10).” Agur advises “Remove far from me vanity and lies: give me neither poverty nor riches; feed me with food convenient for me: Lest I be full, and deny thee, and say, Who is the LORD? or lest I be poor, and steal, and take the name of my God in vain (Proverbs 30:8-9).” Jesus Himself warns, “Then Jesus said to His disciples, “Truly I tell you, it is hard for a rich man to enter the kingdom of heaven. Again I tell you, it is easier for a camel to pass through the eye of a needle than for a rich man to enter the kingdom of God (Matthew 19:23-24).”
Continue reading “Values-Aligned Investing”