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My Million Dollar Comeback This businessman battled back from bankruptcy to train “the billionaires of tomorrow.”
Beating an Economic Slump
Corporate-Owned Pulpit 1. Set a Course Personal mission-Decide what you want to accomplish and start setting a course that gets you there. 2. Your Highest Value Prioritize God-Create a unique relationship with God that is consistently reinforced by your use of time. Create reminders to help you remain in consistent dialogue with Him. How Much Self-Worth Do You Get From Your Work? The church is the thread of nonviolence and reason that runs through our society. But when it manipulates its men and women by toting corporate goods from the pulpit, its virtues will begin to unravel. The litmus test for our church leaders should be whether or not they wield their power of influence with integrity. In my more than 25 years of ministry here at the Christian Cultural Center, a church of more than 20,000 in Brooklyn, N.Y., I have had several occasions where individuals saw our church as an opportunity to make big money. Working Hard? Every day you are faced with an opportunity to succeed. Now, perhaps I'm catching you on a day when this statement sounds like wishful thinking. Perhaps work for you lately has just been something you have to slog your way through until suppertime. Perhaps you've been so overworked the last few weeks and months that your days are starting to run together. But I am giving you permission today to expand your world, to go against the flow, and to shatter the boxes that may be making you feel frustrated and futureless. Balance Your Life Six keys to getting your priorities in order. 1. Set a Course Personal mission-Decide what you want to accomplish and start setting a course that gets you there. 2. Your Highest Value Prioritize God-Create a unique relationship with God that is consistently reinforced by your use of time. Create reminders to help you remain in consistent dialogue with Him. The Great Purpose of Having Money Some people live their lives as slaves to the almighty dollar. But the Almighty Himself has something to say about His creation banking on a cash flow for a magical source of happiness. Look through these unconventional ideas to get your wheels spinning. Three Rules for Managing Money It all boils down to this: Earn all you can. Save all you can. Give all you can. John Wesley said, "Money is an excellent gift of God if it is used excellently, answering the noblest needs of humanity." To Wesley, you see, money was not the enemy. The enemy is my own sinful nature. Therefore, in order to arrive at a balanced view of money, I must ask myself frugality's simple questions: 1. What is money for? Money is for exchange. Money is for goods and services that may, without corrupting my spirit, add education, comfort and beauty to my life and to the lives of those I love. Furthermore, money is for the good of humanity and the expansion of the kingdom. Should You Time the Market? Patience might be your best virtue when it comes to your investment strategies. The risky practice of timing the market could make extra money for ordinary investors, according to BusinessWeek. Timing the market, also known as shifting asset-allocation, refers to a constant shifting of investments instead of holding onto stocks long term. Those who time the market shift their funds between stocks, bonds and cash. Taking Stock at Intel Pat Gelsinger has climbed the corporate ladder as an executive at Intel. But along the way, he realized that his priorities did not compute. Almost everyone has heard of Intel. With 78,000 employees worldwide and company revenues exceeding $26 billion, it's the leading producer of computer chips in the world and reaches into many other areas of the technology business. Top Ten Tribute to the Working Man For those of you on the 9-5 grind, here's some encouragement: Your work matters. It may not seem noble to you when you're hammering out next year's budget ... or hammering two-by-fours into place on a job site. But step back for a minute and look at the big picture. Life is about more than just earning a paycheck; it's about making an eternal impact. Ask yourself, "How can I make this matter for eternity?" Confessions of a 'Recovering Materialist' In the '80s, Peter Grandich was known as the Whiz Kid of Wall Street. But when his portfolio took a dive, it caused him to take stock of his life. Peter Grandich has it all these days: a beautiful wife, a healthy child, a successful career and wealth to spare. In the '80s he was known as the Wall Street Whiz Kid, a financial wunderkind who wowed the financial world with his uncanny foresight into the marketplace. Riding Around in My Automobile According to Dave Ramsey, author of the New York Times bestsellers Financial Peace and More Than Enough, here's how to get that dream car of yours with cold, hard cash. 1. Dump the idea of buying a brand-new car. Unless you have money to throw away, don't do it. The value will plummet as soon as you drive it off the lot. 7 Steps to Wealth "The Total Money Makeover plan is a proven plan," says Dave Ramsey, author of the New York Times bestsellers Financial Peace and More Than Enough. "If you follow this system, it will work. It will work so well that you are going to become wealthy over the next 20 to 40 years." Righteous...and Rich? Today's investors are not only interested in making money off the market, they are also fighting for moral ground. As a Christian investor, is it more important where you make your money, or how much profit you earn? According to a survey from MMA (Mennonite Mutual Aid) Praxis Mutual Funds, which offers a family of mutual funds based on "positive core social values," 62 percent of the respondents already do or would like to apply religious principles to investing if they knew how. This reflects a now booming change in the way people invest. Your Money and Eternity Investment strategies that provide infinite returns. We often forget that money has no intrinsic value. None! Money's only worth is in its ability to be exchanged for things that we value. As men, we often have the tendency to make the collection of money an objective in itself. Similarly, we can often view investing as a game or the growth of our financial portfolios as an object of pride. We forget that investing is only a means to an end. How Much is Too Much? No need to feel guilty about having enough, but you'd better get your priorities straight. If a man owns three homes--or four--and he uses all of them, and God has blessed him so it's not financially imprudent, that's wonderful. However, Christian men who own nice things must make sure that their things don't end up owning them. Dollars & Sense Would God have us place our hard-earned money at risk in the stock market, or would this be poor stewardship? Your watch shows 12:15 p.m.--you have 30 minutes left on your lunch break. You check the financial markets on the Internet and find that a stock you have been following is down 20 percent on the day. Further research reveals that the company reported bad earnings due to some temporary problems. The stock carries some risk but because of the drop in price, you think this might be a great time to buy. Keys To Building Wealth If you want to have more money, think in reverse. The Scriptures help us understand that God wants His people to succeed. Proverbs 28:25 says, for example, "He who trusts in the Lord will prosper" (NIV). And in 2 Kings 18:7 we see the result of King Hezekiah carefully following the Lord: "And the Lord was with him; he was successful in whatever he undertook." Who Wants to Be a Millionaire? Wealth is all around us, but so is greed. Is it possible to have one without the other? Who wants to be a millionaire?" It's one of those rhetorical questions where the answer is assumed. Kind of like "who wants to eat a tub of ice cream without getting a big gut?" How do you not think about the wonderful possibilities of wealth when you are surrounded by stories of dot-com billionaires, Powerball jackpot winners, ridiculously paid athletes and million-dollar game show prizes? |
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