CSoM 5: TRADING
Abrahams Wallet28 Kesä 2023

CSoM 5: TRADING

Steven Manuel and Mark Parrett continue their series on the Critical Skills of Money. In this episode: TRADING. Trading (or, SPENDING, as it's commonly called) is a skill; can you aptly trade dollars for all the goods your family needs, and still have something left at the end of the month? Mark talks through several cost-saving tips and reviews this activity that's common to every single family. So... ARE YOU GOOD AT TRADING?

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:

Wirecutter: newyorktimes.com/wirecutter

Luxury article: https://abrahamswallet.com/2018/01/29/an-introduction-to-luxury/

AW Vision Course: https://outpostacademy.teachable.com/p/unearthing-your-purpose

Biblical Economics, R.C. Sproul

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://facebook.com/abrahamswallet

Instagram: https://www.instagram.com/abrahamswallet

This Week's Episode Rundown:

0:00 hey-o

1:09 skills rehash

12:00 quality vs price

18:30 food prices

20:45 on Luxury

30:30 Can I treat myself?

34:50 Who are your reference points?

38:19 What if you disagree with your spouse?

41:20 funny money

43:42 THOUGHTS FROM LEFT FIELD: SLOTH

46:45 Family of origin money culture

49:49 POSTSCRIPT: Texas, food, and YouTube news

Jaksot(344)

MISC: Road Trip Mail Bag

MISC: Road Trip Mail Bag

Mark Parrett and Steven Manuel give listeners a review of their Texas road trip, then dive into a pretty-darn-rare event: the Mail Bag! (7:40) They field questions like “If I have $200K, am I rich?”, “What Bible should be my next Bible?”, “When do my new kids start earning me tax credits?”, “Should I discipline my children when they don’t hear me?” (31:30), and… others.

7 Heinä 202147min

HOME: Leaving Poverty for Good

HOME: Leaving Poverty for Good

Mark Parrett, snug at home in Utah, talks to Steven Manuel, who’s driving south on I-55, about leaving poverty. Mark gives some tips about what to DO when you’re ready to put poverty into your rear view mirror (if you will. Ahem). Steven encourages repentance and prattles on about what he’s eating on his road trip.

30 Kesä 202151min

HOME: Roger and Linda talk about WORK

HOME: Roger and Linda talk about WORK

Steven Manuel has a conversation with his parents about some basic principles of work, and their stories that illustrate them. How important is working for a father and family leader? Should you do just ANY job, or wait for the PERFECT job? What rights do you have? Does life owe you some opportunities? Sit under the wisdom of the years and learn some truths from Roger and Linda.

23 Kesä 20211h

DOUGH: Child Tax Credit Checks

DOUGH: Child Tax Credit Checks

Mark Parrett and Steven Manuel have a very good time discussing child tax credit checks (14:00) but surround that with jawing on wide ranging subjects such as summertime golfing, nonalcoholic beer (4:00), Steven’s BBQ fetish (5:00), the Cincy cicada plague of ’21 (13:00), and Steven’s latest rant about his problems with modern Christianity (32:00).

16 Kesä 202146min

DOUGH: The spirit of Poverty

DOUGH: The spirit of Poverty

Today, Steven Manuel talks through how to recognize a spirit of poverty… and how to kiss it goodbye, including what to pray and how to start thinking in Biblical paths of prosperity.

9 Kesä 202152min

HOME: Seeking God with Darren Baldwin

HOME: Seeking God with Darren Baldwin

Steven Manuel talks with Darren Baldwin about involving your body in prayer (6:00), using The LORD’s Prayer (11:20), slowing down in Bible reading (13:45), busyness as the enemy of God’s Presence (18:45), repentance as a normal part of relationship with God (31:00), and getting past the fear of man in pursuit of God’s heart (40:00).

2 Kesä 202147min

DOUGH: Poverty 2- Scarcity Book Review

DOUGH: Poverty 2- Scarcity Book Review

Steven Manuel and Mark Parrett continue their conversation about poverty (10:30) as Mark reviews the book Scarcity: Why Having Too Little Means So Much, by Eldar Shafir and Sendhil Mullainathan. It describes, with research, how “not having enough” impacts people. It makes us stupid, insecure, impulsive, makes us spend money unnecessarily, etc. Mark tells about a dumb purchase he made at Princeton (38:30), dealings with poor tenants (44:30), hamster-wheel living (49:40), and all the gross things that a poverty spirit produces. Here at Abe’s Wallet… we hate poverty (and love PLANNING, which is one of the antidotes to it)!

26 Touko 20211h

HOME: How to HATE Poverty

HOME: How to HATE Poverty

Steven Manuel and Mark Parrett discuss the Biblical understanding of Poverty (8:00). They see that the Bible says poverty is a problem (16:30), that giving is something the poor can’t much do (27:00), that giving too much is unwise (41:30), and what God’s will is for the righteous (51:15) (hint: NOT poverty!). They waste the last few minutes talking about NBA playoffs (1:02:00). Goobers.

19 Touko 20211h 8min

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