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Kosher Money
Spending is Slowly Destroying Jewish Communities from Within
Dec 20, 2023
Rabbi Eliezer Gewirtzman shares insights and guidance on living within means and a happier life. Topics include consequences of irresponsible spending, advantages of the donors fund, societal pressure in Jewish communities, negative effects of excessive spending and lack of appreciation, considerations when moving out of town, emergency response in Israel, impact of technology on parent-child relationships.
01:07:02
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Quick takeaways
- Indulging in luxuries can lead to financial struggles and stress, teaching children about the addictive nature of money is crucial.
- Being mindful of overspending is important, as every penny spent has consequences and trade-offs.
Deep dives
Importance of Financial Priorities
One key point highlighted in the podcast is the addictive nature of money and luxuries. The message is that as people indulge in more luxuries, they become dependant on them and lose the ability to enjoy them. This can lead to financial struggles and stress. Teaching children about the addictive nature of money and the importance of prioritizing other aspects of life, such as being a good parent and a role model, can help them avoid falling into this cycle.
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