Risk is unavoidable in investing and in life But not all risks deserve equal attention It is easy to focus primarily on the probability that something will happen If an investment career move or financial strategy has a high likelihood of succeeding we may assume it is a good decision But Mark Biller Executive Editor at Sound Mind Investing suggests another question may be even more important If things go wrong how wrong could they go That shift from focusing on probabilities to considering consequences can help us make wiser financial decisions and protect ourselves from risks that could permanently [... more]

Biblical wisdom for financial decisions, exploring the virtue of prudence and its application in Christian investing, emphasizing the importance of aligning one's financial actions with their faith and values. [... more]

God's plan of redemption involves forgiveness, wisdom, and prudence, allowing believers to understand His truth and live it in the world. Through faith in Jesus Christ, Christians can experience the fullness of God's plan, including the millennial kingdom and eternity. Divine election is a key aspect of salvation, where God chooses individuals to be born from above, providing a gift that only He can provide. [... more]

Saving and stewardship are not just about accumulating wealth, but about living with purpose and aligning our financial habits with values that reflect the kingdom. Scripture reminds us that we are stewards, not owners, and what we have is entrusted for purposes that reach beyond us. A life without margin leaves little flexibility to serve others, support ministry, or participate in kingdom work. God designed generosity often requires readiness, and readiness requires margin. [... more]

Many older adults feel financially locked in their homes, which were never designed for aging bodies. A reverse mortgage can help them move into safer, healthier homes without taking on new monthly payments. Financial experts discuss the importance of prevention and planning for housing decisions later in life, and offer guidance on budgeting, debt management, and building an emergency fund. [... more]

Effective church events require a combination of prayer, planning, and prudence to attract and engage attendees. Leaders must prioritize prayer to ensure God's blessing and involvement in their events, while also planning carefully to avoid confusion and miscommunication. Being prudent in event promotion and marketing is also crucial, as it involves understanding the target audience and creating an incentive for people to attend. By following these principles, churches can create events that are not only well-attended but also impactful in spreading the gospel and transforming lives. [... more]

Covetousness is a sin that lurks within every human heart, often hidden beneath the guise of fairness, prudence, and proper planning. It denies God's provisions and is a rebellion against His providence, making it idolatry. Only God can take it out of our hearts, and we must be content with what He has given us, trusting in His presence and faithfulness. [... more]

Jesus teaches his disciples about true discipleship through the parable of the unrighteous manager, highlighting the importance of prudence and decisiveness in the face of crisis, and the need for believers to use worldly means to gain friends and secure their future in heaven. [... more]

Jesus teaches his disciples about the importance of prudence and foresight in the face of crisis, using the parable of the dishonest manager to illustrate the value of securing one's future and making friends through unrighteous wealth, but ultimately pointing to the need for believers to use worldly means to gain friends for a grand reception in heaven. [... more]

The prudent see danger and take refuge, while the naive proceed and pay the penalty. The Bible teaches that prudence is a key to avoiding destruction and achieving eternal life, and that seeking refuge in God is essential for spiritual growth and protection. [... more]

According to Ephesians 1, Christians have been redeemed through Christ's blood, which paid the price for their sins. This redemption brings forgiveness, wisdom, and prudence, allowing believers to understand God's truth and live it in the world. God's purpose for redemption is to gather everything to Himself, bringing unity and eternal life to all things in Christ. [... more]