DOUGH: Financial News, Spring '23
Abrahams Wallet29 Mar 2023

DOUGH: Financial News, Spring '23

There are rumblings and mumblings out on the street, and we're going to get to the bottom of it all. Mark Parrett and Steven Manuel talk through the headline grabbers, grabbing helpful insights and wisdom from all the goo. Much of the hype should be ignored, they say (which is a normal maxim for them). The Bible tells us to keep level heads, even when banks are failing, cryptocurrency's value is indeterminate, and the FED is fighting inflation with everything they've got. Stay abreast of financial news and get a heading in those shark-infested waters.

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:

AW Advisory Board episode: https://abrahamswallet.com/podcast/you-need-a-board-of-directors/

Matterhorn, by Karl Marlantes

Flourish.com

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

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This Week's Episode Rundown:

0:00 Fashion commentary, NCAA brackets

5:30 Intro to Financial News

9:15 Proverbs and the Unbiblical nature of PANIC!

15:10 SVBank collapse

26:50 Inflation and savings accounts

33:32 FED rate movement implications

36:30 What to watch for in the news

39:40 China’s Birth Rate Woes

40:20 Summary

Episoder(345)

HOME: Summer Adventures

HOME: Summer Adventures

Steven Manuel and Mark Parrett talk (on the road, with road noise thrown in for FREE!) talk about children, including having a vision for them, curating your children’s friendships (10:15), the road trip Steven went on with his daughters (14:45), whether it’s safe or not to let your kids go to summer camp (19:45), monitoring your child’s inputs (27:45), and cross-pollination (32:30). Join us on our road trip as we talk about yours!

14 Jul 202141min

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 Jul 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 Jun 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 Jun 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 Jun 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 Jun 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 Jun 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 Mai 20211h

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