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	<title>Comments on: Musings on Faith and Finances</title>
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	<link>http://www.thesimpledollar.com/2007/01/04/musings-on-faith-and-finances/</link>
	<description>Financial talk for the rest of us</description>
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		<title>By: DivaJean</title>
		<link>http://www.thesimpledollar.com/2007/01/04/musings-on-faith-and-finances/#comment-2840</link>
		<dc:creator>DivaJean</dc:creator>
		<pubDate>Tue, 09 Jan 2007 16:23:53 +0000</pubDate>
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		<description><![CDATA[Everytime the concept of faith and money is brought up, I think of this patient I once had. He was a pastor of a small church that basically met in his home and he had his life mission, as he put it. He had no discernable income- or health insurance- and was hospitalized w/ end stage cancer thru the emergency room. He had made no allowances and had no savings for his family- since God would provide. It was a huge scramble for me as a discharge planner to get the hospital and home care to finance his bills- he was eventually discharged home on hospice with church members providing assistance for the family in the short term. 

His argument was that God provided me to help him &amp; his family out. I had to many times put aside my beliefs and just focus on where he was and what his family&#039;s needs were going to be. Sadly, social services ended up having to be one of those &quot;god-sent&quot; elements for this man and his family. To this day, I wonder what happened once he was gone &amp; his wife had to hit the job market, with preacher&#039;s wife as the only element on her resume.]]></description>
		<content:encoded><![CDATA[<p>Everytime the concept of faith and money is brought up, I think of this patient I once had. He was a pastor of a small church that basically met in his home and he had his life mission, as he put it. He had no discernable income- or health insurance- and was hospitalized w/ end stage cancer thru the emergency room. He had made no allowances and had no savings for his family- since God would provide. It was a huge scramble for me as a discharge planner to get the hospital and home care to finance his bills- he was eventually discharged home on hospice with church members providing assistance for the family in the short term. </p>
<p>His argument was that God provided me to help him &amp; his family out. I had to many times put aside my beliefs and just focus on where he was and what his family&#8217;s needs were going to be. Sadly, social services ended up having to be one of those &#8220;god-sent&#8221; elements for this man and his family. To this day, I wonder what happened once he was gone &amp; his wife had to hit the job market, with preacher&#8217;s wife as the only element on her resume.</p>
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		<title>By: Trent</title>
		<link>http://www.thesimpledollar.com/2007/01/04/musings-on-faith-and-finances/#comment-2594</link>
		<dc:creator>Trent</dc:creator>
		<pubDate>Thu, 04 Jan 2007 19:38:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/2007/01/04/musings-on-faith-and-finances/#comment-2594</guid>
		<description><![CDATA[J.D.: I refer to the &quot;American Dream&quot; as that of having the nice house with the nice car and the nice family.  When I hear the phrase &quot;American Dream,&quot; I picture Pleasantville.]]></description>
		<content:encoded><![CDATA[<p>J.D.: I refer to the &#8220;American Dream&#8221; as that of having the nice house with the nice car and the nice family.  When I hear the phrase &#8220;American Dream,&#8221; I picture Pleasantville.</p>
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		<title>By: Sam</title>
		<link>http://www.thesimpledollar.com/2007/01/04/musings-on-faith-and-finances/#comment-2591</link>
		<dc:creator>Sam</dc:creator>
		<pubDate>Thu, 04 Jan 2007 19:23:00 +0000</pubDate>
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		<description><![CDATA[Good article, man! Hey, the book of James in the Bible says that &quot;faith without action is dead&quot; which is exactly what you&#039;ve just said. You might &quot;believe&quot; in the Atkin&#039;s diet, but if you&#039;re stuffing yourself with carbs all day you don&#039;t really have faith in it, because your actions aren&#039;t following your belief. I might have some notion that one day I&#039;ll retire and won&#039;t have to work and I will be able to sit back and enjoy the good life. But my 401k is the action that backs up that notion.]]></description>
		<content:encoded><![CDATA[<p>Good article, man! Hey, the book of James in the Bible says that &#8220;faith without action is dead&#8221; which is exactly what you&#8217;ve just said. You might &#8220;believe&#8221; in the Atkin&#8217;s diet, but if you&#8217;re stuffing yourself with carbs all day you don&#8217;t really have faith in it, because your actions aren&#8217;t following your belief. I might have some notion that one day I&#8217;ll retire and won&#8217;t have to work and I will be able to sit back and enjoy the good life. But my 401k is the action that backs up that notion.</p>
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		<title>By: Nathania</title>
		<link>http://www.thesimpledollar.com/2007/01/04/musings-on-faith-and-finances/#comment-2588</link>
		<dc:creator>Nathania</dc:creator>
		<pubDate>Thu, 04 Jan 2007 18:18:17 +0000</pubDate>
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		<description><![CDATA[Great post. I think it&#039;s easy to get complacent are rely on fate instead of faith. Your point that faith and effort walk hand in hand is a good one.]]></description>
		<content:encoded><![CDATA[<p>Great post. I think it&#8217;s easy to get complacent are rely on fate instead of faith. Your point that faith and effort walk hand in hand is a good one.</p>
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		<title>By: J.D. @ Get Rich Slowly</title>
		<link>http://www.thesimpledollar.com/2007/01/04/musings-on-faith-and-finances/#comment-2585</link>
		<dc:creator>J.D. @ Get Rich Slowly</dc:creator>
		<pubDate>Thu, 04 Jan 2007 17:58:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/2007/01/04/musings-on-faith-and-finances/#comment-2585</guid>
		<description><![CDATA[&lt;i&gt;The American Dream is not backed up by any real action.&lt;/i&gt;

I&#039;m not sure what you mean by this. How are you defining the American Dream? Wikipedia pretty much sums up what the notion means to me: &quot;The American dream is the idea (often associated with the Protestant work ethic) held by many in the United States of America that through hard work, courage and determination one can achieve prosperity.&quot; By definition, the American Dream &lt;i&gt;requires&lt;/i&gt; action. 

I think what you&#039;re trying to say is that people want to obtain wealth without effort, that they have this idea that wanting it, that having faith is enough. Is this right? Or am I misreading your intent here?]]></description>
		<content:encoded><![CDATA[<p><i>The American Dream is not backed up by any real action.</i></p>
<p>I&#8217;m not sure what you mean by this. How are you defining the American Dream? Wikipedia pretty much sums up what the notion means to me: &#8220;The American dream is the idea (often associated with the Protestant work ethic) held by many in the United States of America that through hard work, courage and determination one can achieve prosperity.&#8221; By definition, the American Dream <i>requires</i> action. </p>
<p>I think what you&#8217;re trying to say is that people want to obtain wealth without effort, that they have this idea that wanting it, that having faith is enough. Is this right? Or am I misreading your intent here?</p>
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		<title>By: Jim Lippard</title>
		<link>http://www.thesimpledollar.com/2007/01/04/musings-on-faith-and-finances/#comment-2582</link>
		<dc:creator>Jim Lippard</dc:creator>
		<pubDate>Thu, 04 Jan 2007 17:34:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/2007/01/04/musings-on-faith-and-finances/#comment-2582</guid>
		<description><![CDATA[While many people&#039;s faith in their financial future is as unempirical as their faith in their religion, I think this is unsound and unwise in both cases.

You guarantee your financial future by planning, conducting research, and following practices that have solid empirical support and accurate assessments of risk.  You don&#039;t guarantee it with faith and proceeding in the absence of evidence.

Adding a &quot;journey&quot; doesn&#039;t prevent faith from being false hope--you can have a &quot;journey&quot; and make blind efforts that will get you nowhere.  It&#039;s only by using reason and empirical evidence that you can hope to increase your chances of success beyond that of sheer luck.  Some people do succeed through sheer luck, but if you want to genuinely give yourself an edge you had better rely on something other than faith.

The one benefit of faith is that positive illusions can sometimes build confidence to take necessary steps to get started or persevere in the face of adversity.  But even then, you&#039;re still better off using reason and evidence than relying on faith alone.]]></description>
		<content:encoded><![CDATA[<p>While many people&#8217;s faith in their financial future is as unempirical as their faith in their religion, I think this is unsound and unwise in both cases.</p>
<p>You guarantee your financial future by planning, conducting research, and following practices that have solid empirical support and accurate assessments of risk.  You don&#8217;t guarantee it with faith and proceeding in the absence of evidence.</p>
<p>Adding a &#8220;journey&#8221; doesn&#8217;t prevent faith from being false hope&#8211;you can have a &#8220;journey&#8221; and make blind efforts that will get you nowhere.  It&#8217;s only by using reason and empirical evidence that you can hope to increase your chances of success beyond that of sheer luck.  Some people do succeed through sheer luck, but if you want to genuinely give yourself an edge you had better rely on something other than faith.</p>
<p>The one benefit of faith is that positive illusions can sometimes build confidence to take necessary steps to get started or persevere in the face of adversity.  But even then, you&#8217;re still better off using reason and evidence than relying on faith alone.</p>
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