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 If pop-up blockers are enabled, please click on this link