It takes money to make money

December 14, 2013

The Language of Money

Accumulate WealthDuring my first year of practicing law (1983), I got a call from a young man who had received a speeding ticket.  He was employed by Domino’s Pizza as a deliveryman, and he wanted me to help him keep the ticket off his driving record.  For purposes of discussion, I’m going to call him Jim.

December 7, 2013

Rich Enough To Have An Indoor Bathroom

OuthouseIn March 1990, I interviewed my grandmother, Cecilia LaHood (Grandma Ceil), for an article I was going to write and distribute at an upcoming 80th birthday party her children were planning for her.  Grandma Ceil’s date of birth was April 15, 1910.  During the interview, Grandma told me that her family lived in three different houses during the first six years of her life.  None of those houses had electricity or hot water.  I recorded the interview and later transcribed what Grandma said.  Here’s what she told me about their fourth home:

December 6, 2013

Do Catholics Have to Settle for Rags?

Rags To RichesA couple of weeks ago in an article titled “The Danger of Riches,” after considering the words of Jesus that “it is easier for a camel to pass through the eye of a needle than for a rich man to enter into the kingdom of God,” I asked the question, How do you define the word “rich”?

November 23, 2013

The Danger of Riches

Monopoly MoneyAt about 1:30 on a Friday afternoon 13 years ago, I took a break from work and sat down to eat a quick lunch.  While I was eating, I glanced through a multipage sales letter I had received from a company I had never heard of.  The owner of the company claimed that he was a multimillionaire, and he was promoting a three-day conference in Las Vegas, where (he promised) he would teach the “secrets” of how to become wealthy.

April 6, 2013

Does It Take Money to Make Money?

Takes Money To Make MoneyYou may have heard of Shark Tank, the television series that premiered on ABC in August, 2009.  The show features business owners who make presentations to five potential investors, who are referred to as “sharks.”  Each of the sharks is an experienced entrepreneur who became wealthy by inventing products or by successfully starting and growing one or more businesses.  Shark Tank is now in its fourth season, and is the most watched television program among 18 to 49-year-olds on Friday nights.

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