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If you find a great restaurant, or see a good movie, chances are you’re not shy in mentioning it to someone else. We like to pass along helpful suggestions. But so many of us just don’t feel comfortable in suggesting someone consider the hope of the Gospel. We’ll talk about that reluctance today on A NEW BEGINNING as Pastor Greg Laurie continues his studies in the book of Acts. We’ll learn to follow the example of our First Century forefathers and discover the thrill of spreading the Good News.
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Become a Harvest Partner today and join us in knowing God and making Him known through media and large-scale evangelism, our mission of over 30 years.
Explore more resources from Pastor Greg Laurie, including daily devotionals and blogs, designed to answer your spiritual questions and equip you to walk closely with Christ.
Support the show: https://bit.ly/anbsupport
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Pop culture is everywhere—shaping the way your kids see the world and often teaching lessons that go against God’s Word. Dr. Holly Brand explains why you as a parent play such a crucial role in helping your children develop a strong faith, discern truth from lies, and build godly character in the middle of today’s confusing culture. She’ll share how you can help your kids find their identity in Christ, work through doubts, and stand firm on God’s truth, even when life gets tough. Those small, intentional choices you make every day can have a lasting impact on your child’s heart and beliefs.
Receive a copy of the "Christ & Culture 2.0" bundle and an audio download of "Teaching Your Children How to Engage the Culture" for your donation of any amount! Plus, receive member-exclusive benefits when you make a recurring gift today. Your monthly support helps families thrive.
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Learn the three things the body of Christ is uniquely designed to provide every human being.
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It’s usually smarter to weigh consequences rather than chase probabilities. Whether you’re building a portfolio or mulling over a new job prospect, checking the odds of success matters. But what if even a low‑odds failure could wipe you out financially? On the next Faith & Finance Live, Rob West and Mark Biller talk through how to guard against events that can ruin a financial plan and more. Then, it’s on to calls. That’s Faith & Finance Live, biblical wisdom for your financial journey. That’s weekdays at 4pm Eastern/3pm Central on Moody Radio.
Faith & Finance Live is a listener supported program on Moody Radio. To join our team of supporters, click here.
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Topics:
Desperation, Breaking Animal News, Worry, Babies Watching Us, A Good Day, A Transformed You, Thankful
BONUS CONTENT: Adam Speaking, Wednesday YouTube. Bible Study
Quotes:
"There's so much we should be grateful for."
"'We're really blessed."
"We're made for relationships. Relationship with God. Relationships with other people."
"Worry doesn't empty tomorrow of its sorrow."
"We don't control stuff."
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Risk is unavoidable in investing—and in life. But not all risks deserve equal attention.
It is easy to focus primarily on the probability that something will happen. If an investment, career move, or financial strategy has a high likelihood of succeeding, we may assume it is a good decision. But Mark Biller, Executive Editor at Sound Mind Investing, suggests another question may be even more important: If things go wrong, how wrong could they go?
That shift—from focusing on probabilities to considering consequences—can help us make wiser financial decisions and protect ourselves from risks that could permanently derail our plans.
Suppose someone told you there was a 99% chance an opportunity would succeed. Those odds sound compelling.
But what if the remaining 1% chance of failure meant complete financial ruin? Suddenly, the decision looks very different.
A simple illustration is crossing a busy street. The probability of being hit by a vehicle may be relatively small, but we still look both ways because the potential consequence is catastrophic. A low probability does not make a severe consequence irrelevant.
The same principle applies to investing. An outcome may be statistically unlikely, but if it could wipe out your savings, destroy your retirement plan, or leave you unable to meet your obligations, it deserves serious consideration.
Financial thinker Peter Bernstein summarized the principle well: the consequences of being wrong can matter more than the probabilities of being right. That leads to two important questions:
Financial history offers plenty of reminders that even highly intelligent investors cannot anticipate every outcome.
One famous example is the collapse of Long-Term Capital Management in 1998. The hedge fund was run by some of the brightest minds in finance and relied on sophisticated mathematical models. Those models worked under most circumstances—but a combination of leverage and extraordinary market conditions caused enormous losses.
The lesson is not that investors should avoid risk altogether. Risk is part of investing.
Rather, wise investors recognize the limits of their knowledge. We cannot predict every market decline, economic shock, or unexpected life event. That reality should lead us toward humility and encourage us to build financial plans with room for error.
One practical way to prepare for uncertainty is to maintain a margin of safety.
That begins before investing. A strong financial foundation includes reducing burdensome debt and establishing adequate emergency savings. Then, as you invest, diversification can help reduce the danger of concentrated bets, while avoiding excessive leverage can protect against losses that permanently impair your financial position.
The goal is not to eliminate every possible risk. That would be impossible.
Instead, margin allows your plan to survive when circumstances do not unfold as expected. Biblical wisdom encourages this kind of prudence. Proverbs 22:3 says:
“The prudent sees danger and hides himself, but the simple go on and suffer for it.”
Wise stewardship does not require us to live fearfully. But it does call us to recognize potential danger and prepare appropriately.
An emergency fund may seem separate from an
In spite of the fact that eternal life is a free gift from God, paid for by Jesus’ death at Calvary, some accept that gift and some don’t. That’s startling to believers: “heaven or hell, take your pick.” “Yeah, I just don’t think heaven’s the right fit for me.” Today on A NEW BEGINNING, we’ll take a look at that choice and how people each make the choices that lead to life or death. Pastor Greg Laurie is presenting an enlightening series in the book of Acts called The Upside-Down Life.
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Become a Harvest Partner today and join us in knowing God and making Him known through media and large-scale evangelism, our mission of over 30 years.
Explore more resources from Pastor Greg Laurie, including daily devotionals and blogs, designed to answer your spiritual questions and equip you to walk closely with Christ.
Support the show: https://bit.ly/anbsupport
See omnystudio.com/listener for privacy information.
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