Financial tv shows

[suedavids]

Re: Financial tv shows

[QUOTE=allyourworth]

Sounds like someone misunderstood what was being said at the class or the teacher was off of the reservation. 10, Eternity and financial goals- leaving an inheritance.
~~~~~~~~~~~~
The person who told me that is Gary Moore. He is a well respected author of several books. I don't think he misunderstood.
Now maybe I am misunderstanding but I read on Crown Ministries site
that if a person does file bankruptcy then should repay the creditors they listed on their bankruptcy, even if it takes a lifetime. <their words>
That's ridiclous.

A Christian has a responsibility to uphold the precepts of the scriptures. Psalm 37:21 "The wicked borrows and does not pay back." Now from the crown book, " Bankruptcy is permissible under two circumstances: a creditor forces a person into bankruptcy, or counselors believe the debtor's emotional health is at stake because of inability to cope with the pressure of creditors. For example, a husband may desert his wife and children, leaving her with business and family bills and debts for which she is responsible. She may not have the resources to meet those obligations."
"After a person goes through bankruptcy, he or she should seek counsel from an attorney to determine if it's legally permissible to attempt to repay the debt even though there is no obligation to do so. If it is allowable, every effort should be made to repay the debt. For a large debt, this may be a long term goal that largely depends on the Lord's supernatural provision." From Biblical Financial Studies-


This is a far cry from saying you are going to Hell and it is a Christians responsibility to repay debt. This is why this study is teaching people to get out and stay out of debt. Hope this helps clear up a tarnished image of a Christian ministry. The ministry is trying to help the many become debt free in order to bring peace to individuals, families and marriages.

If anyone is interested, you can find a church in your area that gives this study by visiting their website.

[suedavids]

Re: Financial tv shows

[QUOTE=allyourworth]

Sounds like someone misunderstood what was being said at the class or the teacher was off of the reservation. 10, Eternity and financial goals- leaving an inheritance.
~~~~~~~~~~~~
The person who told me that is Gary Moore. He is a well respected author of several books. I don't think he misunderstood.
Now maybe I am misunderstanding but I read on Crown Ministries site
that if a person does file bankruptcy then should repay the creditors they listed on their bankruptcy, even if it takes a lifetime. <their words>
That's ridiclous.

I looked up the Gary Moore guy and read some of his stuff. He believes there is plenty of money, and in essence it just needs to be spread around. Instead of repaying debt, debt should be forgiven. I think Willing forgivness is fine but the idea that others don't deserve to be paid back because of their wealth is a problem. Moore has some interesting concepts but it is obvious devout Christians are pegged as "religious right" and viewed with disdain.

Re: Financial tv shows

Psalm 37:21 "The wicked borrows and does not pay back."

Most people have every intention of repaying creditors when they borrow. Bankruptcy was a last resort when circumstances forced them into bankruptcy.
It has nothing to do with being "wicked"

[sweeps]

Re: Financial tv shows

Doesn't the bible also say that you should not charge interest?

[The Budget Man]

Re: Financial tv shows

Psalm 37:21 "The wicked borrows and does not pay back."

Most people have every intention of repaying creditors when they borrow. Bankruptcy was a last resort when circumstances forced them into bankruptcy.
It has nothing to do with being "wicked"

I do a lot of speaking at seminars. That means I get to sit in on lots of financial speakers who are either before or after me.

If you were to follow some of the advice I've heard being said about borrowing we'd all be bankrupt.

I guess it comes back to always borrowing less than what you are offered.

When it comes to people who have to go bankrupt it is a matter of appreciating how difficult it is for them and supporting them as they recover.

Enjoy Your Money

The Budget Man

https://www.PersonalityBudgeting.com

[suedavids]

Re: Financial tv shows

I do a lot of speaking at seminars. That means I get to sit in on lots of financial speakers who are either before or after me.

If you were to follow some of the advice I've heard being said about borrowing we'd all be bankrupt.

I guess it comes back to always borrowing less than what you are offered.

When it comes to people who have to go bankrupt it is a matter of appreciating how difficult it is for them and supporting them as they recover.

Enjoy Your Money

The Budget Man

www.PersonalityBudgeting.com

sounds compasioinate

[katwoman]

Re: Financial tv shows

I like a show called High Net Worth on CNBC.

I also tune in to Suze just to see if she's changed any of her philosophies.

Can't stand Cramer.

[Funky Frog]

Re: Financial tv shows

I listen to as many financial show on the radio as I can. One locally in Boston is the Money Experts-good common sense advise.

I'm in Boston, too. What station is that on?

I usually listen to Bob Brinker on the weekends.

[The Budget Man]

Re: Financial tv shows

I like a show called High Net Worth on CNBC.

I also tune in to Suze just to see if she's changed any of her philosophies.

Can't stand Cramer.

Having a "High Net Worth" is great! Unfortunately some people get the the idea that a "high net worth" equals financial success.

I've seen people being told to write down the value of their items in the home. Items like their clotheing, linnen exercise equipment etc. Then the idea is that this in some way equates to the person's wealth. It doesn't make any sense.

Last time I had a throwout, my old clothes were only valuable to the charity bin. Some could hve sold for pennies at a jumble sale.

When we look at our net worth we need to value items at their curent salable value. Some of those paintings might be worth good money. Items like electronics and personal household items don't count as they are not resalable.

What items do people include when they look at their net worth other than the obvious three of property, investments and savings?


Enjoy Your Money
The Budget Man

https://www.personalitybudgeting.com

[sweetchuckie]

Re: Financial tv shows

Hello from your neighbor to the south, Michigan. Yes, I have seen the show, "Maxed Out" on the Style Network. It's ok. I have also seen a show called, "Till Debt Do Us Part". I like that one better. I have ADHD and would love a show that would not only tell me (better yet) show me step by step (with forms I can download to Microsoft Word) how to budget. I learn better by watching things.

[rob62521]

Re: Financial tv shows

When I was vacationing in Vancouver, I found a show called "Maxed Out" in which a financial planner would find someone in need of a financial makeover and talk turkey about her finances. The FP would delineate a strategy and the maxed out person would expose her feelings, fears, and hopes as she either attempted or avoided the strategy.

I wonder if there's such a show in the United States. Is it on a cable channel? Certainly with foreclosures and people getting over bankruptcies there would be enough content to keep a show going for 20 years...

I've seen "Maxed Out" on the Style Network. There's a similar show on TLC about someone who goes in when folks have overspent. The name escapes me, but the host was one straight talking guy.

[Ima saver]

Re: Financial tv shows

When I count my net worth, I do include autos and antiques. I don't include personal items like clothing or furniture.

[dossin1]

Re: Financial tv shows

I am a big Michelle Singletary fan!! I try not to miss her show on Sat mornings. I also like the Fox shows, but more for entertaining than hard core advice.

[kimiko]

Re: Financial tv shows

Whenever I have the time, I watch Rob Black with Your Money. It's the only personal finance show I know of.

[rduell]

Re: Financial tv shows

I watch Deal or No Deal.

LOL! Me too! And "One Against 100!"