Faith Filled Family Magazine September 2016 | Page 34
income is offset by the greater
likelihood of being happier in
life.” …
“
Rather than leaving generous
people on the short end of an
unequal bargain, practices of
generosity… provide generous
givers with essential goods in
life – happiness, health, and purInteresting use of the Maslow pose – which money and time
hierarchy (p134) illustrates the simply cannot buy. That is an
value of basic needs finances. empirical fact well worth knowHow have people viewed this ing.”
in terms of their own program
- The Paradox of Generosity,
of giving?
It influences the relative priority
giving takes. Everyone should
give, but those with an abundance of resources can give proportionately more.
enforcing some sort of pious
frugality is somehow holy. This
quote is a very practical, not
theological, assertion – being
rich or poor is not sinful; we just
think that, practically speaking,
your child is more likely to adopt
strong values through a middle
class upbringing, all else equal.
You cover educational debt,
mortgages and car finances,
new and exciting family holidays involving mission (and
life education), Do you have
any measuring stick to ascertain the advantages of people
who have taken your steps in
their financial operations?
Our financial steps are essentially the same as those recommended by other financial
experts.
Compass has the
Money Map, Financial Peace
University has the Baby Steps…
the directional elimination of
debt, accumulation of assets,
and increasing generosity is
commonly taught. Generosity,
specifically, is well-established
as highly beneficial.
The Science of Generosity initiative at Notre Dame has studied
this question from an academic
standpoint. Their conclusions?
“So, whatever Americans lose by
giving away 10 percent of their
Christian Smith & Hilary Davidson
Thank you John Cortines. John
Cortines’ and Gregory Baumas’
book “God and Money” is available wherever books are sold.
It is a very balanced, motivating
and exciting book and a great
starter when young people – or
anyone really – are trying to set
up a sound financial scheme for
life. And Thank you, Don Otis for
facilitating this interview.
To Purchase
God and Money
Please Click Here
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