Own Nothing

Join Steven in the coffee shop this week as he lets you in on a little secret: God is preeminent over all things, at all times.  Even if you deny Him this and temporarily steal His glory, He will eventually be proven right and you will be disappointingly corrected. As first and preeminent, He demands the first part of ANY and EVERYTHING to either be sacrificed or redeemed.  The first part matters An Awful Lot To Him. Sponsor link: www.outpostadvisors.net

1 Jan 202027min

Join us for an instructional Q&A with mild mannered reporter Jimmy Olsen. First off, permanent insurance – which includes products like whole life insurance and universal life insurance – combines savings and investment with insurance coverage. If you’re already unsure that you’re going to make it to the end of this article, then you can just jot down our thesis statement right here: We believe that investing and insurance are both important and good, but it rarely makes sense to combine the two objectives. Head over to www.outpostadvisors.net if you want to talk in depth about your own decision process as you navigate complex financial issues!

18 Dec 201918min

Operating out of a position of fear will cause you to make stupid decisions when it comes to your money, your family or pretty much any other arena in your life. In this episode Steven and I discuss how we’ve seen fear stop guys (including ourselves) from making wise moves.

11 Dec 201934min

When It comes to life insurance, you most likely fall into one of two camps.  Either you’re all jumbled up in your brain about coverage amount, policy types, term vs. whole life, where to title your policy, etc. OR you have no questions at all about insurance and are just now considering that you might need to purchase some. (“Didn’t my employer say I get free life insurance at work? I’m sure that’ll be enough…?”)  In this episode we’ll explore four key questions on life insurance and hopefully give you a starting point for how to think about your own needs in this area!

4 Dec 201917min

Gents, it’s time we broached a subject that I KNOW impacts all your lives. You’ve either worried about it, scoffed about it, or perhaps given in to it to a degree that concerns you. Because, for faith-guided missiles like us, these waters are murky, and it’s unclear if playing ball is wise or faithless. You know what I’m talking about because it’s in the title. We talkin ‘bout INSURANCE. Giveaway Alert! Send your insurance questions to mark@abrahamswallet.com and one lucky inquisitor will receive a copy of Jeff Davenport’s new book – I am a Field.

27 Nov 201916min

Jeff Davenport is a longtime friend of everyone over here at Abraham’s Wallet, and he’s just published his first book – I am a Field. In this episode, Jeff dives into some of the insights from his book – particularly how small, daily obedience and work adds up to big change. You’re going to love it, and it’s going to make you want to read the whole book, which you can buy using this link right here! For more from Jeff, check him out at www.jeffdav.com If you’re really dying to read some of that third chair trombone funny stuff, I’d point you in this direction (not going to lie – the pre-2008 stuff is the real gold): https://3rdchairtrombone.typepad.com/my_weblog/2007/02/presidential_sp.html

20 Nov 201942min

How would you change the way you parent if you knew for 100% certain that your kids would obey the Lord EXACTLY the same way that they obey you? In this (long, live) episode, Steven digs deep into the complexities of how they are striving to raise children in his household. You’ll forgive the audio quality because the content is just so sweet! Buckle up for a good one amigos.

13 Nov 20191h 8min

Your ability to delay gratification might be one of the most powerful determinants of your success in finance… heck, in all of life.  Don’t believe me? Well, have you ever heard of the marshmallow experiment? Sure you have: some gentlemen at Stanford, back in the late 60s, offered over 600 children a choice. They were sat down at a table and a marshmallow (or similar treat) was placed in front of them. They were told they could eat the marshmallow as soon as the researcher left the room – no problem – OR they could wait 15 minutes and receive a second marshmallow to enjoy.  Some kids chomped the treat immediately, others waited and saw a 100% return on their investment. Why do I care about this experiment? Well, the two gents who were running this experiment followed up on each group over the next several decades and found some fascinating correlations. Those who delayed gratification ended up winning at almost every stage of life in significant ways. They were described by their parents as significantly more competent as adolescents.  They had higher SAT scores, faster reaction times in an emergency situation, and were better as adults at controlling their response to alluring temptations.

6 Nov 201915min