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Mark Parrett and Steven Manuel describe one of the most important skills anybody can master when it comes to financial acumen: the ability to deal with debt. First of all, what does the Bible say? Is it legal for Bible people to borrow (or lend) with interest? Then: is getting out of all debt ASAP always the best policy? Might there be GOOD debt as well as BAD debt? And what does LEVERAGE really mean? Also: what about that time the fellas went out to Las Vegas to watch some hoops?
Abraham's Wallet exists to inspire and equip Biblical family leaders. Please partner with us in inspiring and equipping multi-gen families at https://abrahamswallet.com/donate/
Resources mentioned in this episode:
About Abraham's Wallet:
AW website: https://abrahamswallet.com/2017/11/27/what-is-abrahams-wallet/
Apple Podcasts: https://podcasts.apple.com/us/podcast/abrahams-wallet/id1462593706
Spotify: https://open.spotify.com/show/6xbcf3IhayaoKB4sTegPRw?si=4M-m7mwUR0GigEkgrf3aJA
YouTube full episodes: https://www.youtube.com/@abrahamswallet
Twitter: https://twitter.com/abrahamswallet
Facebook: https://twitter.com/abrahamswallet
Instagram: https://www.instagram.com/abrahamswallet
This Week's Episode Rundown:
1:45 basketball in Vegas
9:15 Series summary
10:50 Leverage
12:30 What does the Bible say about debt?
27:15 How do you handle debt wisely?
31:45 How people think wrongly about mortgages
37:15 A simple leverage example (that produces 350K in profit!)
42:45 Thoughts on buying a car
50:15 Sam the Shopper: A Short Story (about bad debt)
52:45 Twitter account recommendations
59:48 Final thought from Steven- don’t give up!
By Abrahams Wallet4.8
133133 ratings
Mark Parrett and Steven Manuel describe one of the most important skills anybody can master when it comes to financial acumen: the ability to deal with debt. First of all, what does the Bible say? Is it legal for Bible people to borrow (or lend) with interest? Then: is getting out of all debt ASAP always the best policy? Might there be GOOD debt as well as BAD debt? And what does LEVERAGE really mean? Also: what about that time the fellas went out to Las Vegas to watch some hoops?
Abraham's Wallet exists to inspire and equip Biblical family leaders. Please partner with us in inspiring and equipping multi-gen families at https://abrahamswallet.com/donate/
Resources mentioned in this episode:
About Abraham's Wallet:
AW website: https://abrahamswallet.com/2017/11/27/what-is-abrahams-wallet/
Apple Podcasts: https://podcasts.apple.com/us/podcast/abrahams-wallet/id1462593706
Spotify: https://open.spotify.com/show/6xbcf3IhayaoKB4sTegPRw?si=4M-m7mwUR0GigEkgrf3aJA
YouTube full episodes: https://www.youtube.com/@abrahamswallet
Twitter: https://twitter.com/abrahamswallet
Facebook: https://twitter.com/abrahamswallet
Instagram: https://www.instagram.com/abrahamswallet
This Week's Episode Rundown:
1:45 basketball in Vegas
9:15 Series summary
10:50 Leverage
12:30 What does the Bible say about debt?
27:15 How do you handle debt wisely?
31:45 How people think wrongly about mortgages
37:15 A simple leverage example (that produces 350K in profit!)
42:45 Thoughts on buying a car
50:15 Sam the Shopper: A Short Story (about bad debt)
52:45 Twitter account recommendations
59:48 Final thought from Steven- don’t give up!

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