web analytics
July 23, 2014 / 25 Tammuz, 5774
Israel at War: Operation Protective Edge
 
 
At a Glance
Blogs
Sponsored Post
IDC Advocacy Room IDC Fights War on Another Front

Student Union opens ‘hasbara’ room in effort to fill public diplomacy vacuum.



The True Meaning of Financial Liberation

Doesn’t modern slavery come in the form of debt, overdraft, and heavy bills?
Financial Liberation

As Pesach approaches, the themes of freedom and liberation from slavery are prominent in a Jew’s mind. Indeed, the message of Pesach is one of the most powerful Jewish experiences, and many otherwise non-religious Jews find their way to a Pesach Seder.

Slavery in Egypt may seem like a distant memory to many Jewish Press readers, but take a moment to consider whether you are truly free. After all, doesn’t modern slavery come in the form of debt, overdraft, and heavy bills?

How free can you be facing bills, debts, long work hours and/or demanding employers? Can you consider yourself free if you spend nights worrying about how you will make it through the end of the month?

Maybe you and your spouse are both working full time. But those bills just keep coming in. You’re not even wasting your money on fancy vacations or designer clothes. Yet there seems to be a permanent hole in your bank account. Bills and expenses seem to pursue you wherever you go. You can feel like a slave.

Although everyone has his own story, one common thread to many families’ financial woes is that they aren’t managing their money properly. Unfortunately, money management and budgeting skills don’t occupy the same place on the school curriculum as math or history. As a result, many people never learn how to properly take care of their money, and they stumble and struggle to meet their daily expenses. Budgeting and financial planning need to be learned, no matter how old you are or at what stage of life you find yourself.

Successful finances require keeping track of spending and income. Start by keeping your receipts and noting down your daily expenses.

Learning to budget and plan efficiently can help liberate you from the slavery of overspending, fiscal disorganization, and debt.

About the Author: Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning firm located in Jerusalem. He specializes in working with clients in New York, Florida, and Israel and is a licensed financial professional both in the U.S. and Israel. Securities are offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, SIFMA. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Doug’s newest book The Expatriates’ Guide to Handling Money and Taxes is available at www.expatguidetomoney.com. He hosts a weekly finance show, Goldstein on Gelt, on internet radio. Listen live or download podcasts. Toll-free from U.S. 1-888-327-6179, Jerusalem: (02) 624-2788. Follow on Twitter: @DougGoldstein or contact at doug@profile-financial.com.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

Please use the Facebook Tab below to leave your comment:

One Response to “The True Meaning of Financial Liberation”

  1. Samuel Ramos says:

    I’m on a cash basis….no cash no basis….lolol

Comments are closed.

SocialTwist Tell-a-Friend

Loading Facebook Comments ...
Loading Disqus Comments ...
Douglas Goldstein
Current Top Story
The new peace partners; Hams leader Khaleed Meshaal (L) and Palestinian Authority leader Mahmoud Abbas
Khaled Mashaal Rejects Ceasefire and Says Israel Must Disarm for Peace
Latest Blogs Stories
.Into Gaza!

Her message to her soldier son on the battlefield: “Complete the Mission! Sayyem et HaMissimah!”

El AL and Pilot

JoeSettler contemplated some new El Al slogans like: “El Al – Our pilots are trained in evasive maneuvers”…. Let’s hear your new El Al Slogans…

Carmeli

IDF volunteers come to Israel just to serve are the true idealists; Sean Carmeli was one of them.


And he whispers one last time, I love you mother.

It’s absurd, in this war places like Ariel and Shiloh are among the safest in the State of Israel.

Why aren’t American Jews coming s to Israel for the summer; Are they scared because of the war?

If you are lloking to buy socks, this store is NOT where to go! B”H

Ruthie Blum reveals just how hard it is for a Jewish mother to be a patriot at the time of war. Maternal cognitive dissonance On Thursday night, after 10 days of aerial warfare between Hamas terrorists and Israel, Prime Minister Benjamin Netanyahu approved a ground incursion into Gaza. It was a move that much of […]

JoeSettler takes on the IDF Spokesperson’s tweets that he believes are morally wrong and negatively affect the war we are fighting…

The 7 Decisions that changed author Andy Andrews’ life and how they can guide you towards success.

Not asking the world for the right to defend ourselves; such a right is obvious to anyone with a spine.

Where has all the billions of Euros and dollars that have been poured into Gaza over the years gone?

One wishes the PA would distance itself completely from Hamas now for the sake of peace and development in the region.

Israel will never be the underdog, so no defense will be legitimized.

In a war, people die; all Israelis should know that by now.

More Articles from Doug Goldstein, CFP®
Goldstein

The 7 Decisions that changed author Andy Andrews’ life and how they can guide you towards success.

If eligible, are their benefits to claiming Spanish citizenship?

The importance and function of having a dream in building your own success.

An expert discusses the mistakes gamblers make and how to play safely at casinos.

Former hedge fund manager now makes new foods from castoff vegetables, explains how to win war on waste.

Listen to the author of a book about surviving – and even thriving – on a low-income salary.

Is e-commerce the wave of the future?

Doug Goldstein speaks with author Roberta Taylor about how couples need to plan for their retirement.

    Latest Poll

    Israel's Iron Dome Anti-Missile System:





    View Results

    Loading ... Loading ...

Printed from: http://www.jewishpress.com/blogs/goldstein-on-gelt/the-true-meaning-of-financial-liberation/2013/03/24/

Scan this QR code to visit this page online: