Abrahams Wallet

A few weeks ago we discussed how financial ratios (along with many other tools) can be used to measure the financial wellness of your household. A big driver of those ratios is the cash you’ve got on hand – but where should you keep cash? We explore different types of accounts and wrap up 2020 with a highly practical episode for our crew of Abrahamic family leaders.

Mark Parrett and Steven Manuel have a chat with Aaron Renn, hitting issues like how the home interfaces with the church, on being fiscally conservative (Aaron has never spent more than $5K on a car), and how the Masculinist became their favorite emailed newsletter.

Mark Parrett and Steven Manuel consider celebrating Christmas for the Jesus-loving family. Is it right? Is it pagan? What about yule logs? What about lighting up the front yard? What about giving gifts? Anyway, they discuss it all. And whether or not a Charlie Brown style tree is charming or just plain pathetic.

Mark Parrett and Steven Manuel enter the year-end giving season by discussing the idea that family vision drives financial giving . Mark lets Steven pull apart, in real time, his family’s vision statement, then together they take that vision statement and apply it to several year-end giving opportunities that have come the Parretts’ way. Steven also gives tips on giving to individuals vs. organiza...

Quick hit this week to give you a few ratios that you can use to check in on how your family is doing when it comes to spending, saving, giving and managing debts (both good and bad). Hope you all had a great Thanksgiving and we’ll be back next week with a full length episode.

Mark Parrett and Steven Manuel sit down with Roger and Linda Manuel (Steven’s parents) in Houston, Texas and talk about what pervasive fear looks like, what the Bible says about fear (and death)… and whether or not being burned at the stake is a good thing.

We referenced this podcast a while back only to discover that we never actually recorded a podcast about HSA hacking. So this week we bring you a sneaky way to save extra dollars in a tax-free account. This hack is only for those already maxing out their 401k and IRA options, but can be a great way to save for the future! Link to the article: https://abrahamswallet.com/2019/07/30/hsa-hacking/ Link...

Yes, it’s that time of year: a little spiced cider, digging out the scarves from the back of the closet, football games… and open enrollment for benefits! Mark Parrett and Steven Manuel discuss how to make the most of your employer’s health insurance, retirement saving plan, and all the other fun (or nerdy) stuff that falls into the benefits bucket. Get into the spirt of the season by reviewing yo...

Whoever won yesterday’s election, we are to be praying for him fervently. In this short episode, Mark Parrett and Steven Manuel guide you through WHY to pray for our president, and WHAT to pray for our president. Also, Mark has lost his dongle.

Steven Manuel sits around a campfire and waxes theological as he describes 5 levels of sonship based on Greek words translated “son” in the scriptures. These levels are not foregone conclusions; they’ll require increased levels of diligence, discipleship, and responsibility. He urges men to apprehend that for which Christ has apprehended them, namely, FULL maturity in Christ. This kind of maturity...

Mark Parrett and Steven Manuel discuss the uncomfortable tension between running a home as a church HQ hospitality machine and the present cultural context that seems to be closing in on religious freedom. Do we submit? If so, for how long? Do we resist? If so, at what front? Also, Mark is ready to go to jail.

Believe it or not, boys, we’re in the fourth quarter. The year is winding down and we here at Abraham’s Wallet have a few hot sports opinions on things you should do before the ball drops in Times Square. In this episode Mark and Steven cover everything from family summits to end-of-year tax moves. Hit us up at mark@abrahamswallet.com if you’d like to take advantage of the ground-breaking offer we...

Previously, Mark Parrett and Steven Manuel talked about finding and purchasing a home (there are lots of considerations!). Today, they talk about the various ways to finance (and re-finance) them. Mark borrows from his experience working at Freddie Mac; Steven harkens back to his mortgage brokering days. Make the financing of your home work for you!

Mark Parrett and Steven Manuel talk about all the various and sundry steps involved in buying a house. Whether you’re a first time buyer or are finally getting into your dream home, they’ll help you think through some details you might have missed…

Thinking through all the decisions to be made, conversations to have… and passwords to gather. Have you thought about what you’ll do when one of your parents die? Probably not. Let us help.

I know I know I know – Dave Ramsey told you never to have a credit card. And for some of you that’s sage advice, but if you’re managing your budget like a boss and don’t have any consumer debt in your life, we think there’s some treats in store for you simply by taking advantage of the amazing free stuff credit card companies are willing to hand out in attempt to snare you. Because you’re running...

Want to teach your kids how to earn and steward financial resources? In this episode we talk through some steps our friend Seth Spading has taken to apprentice his kids – earning them cash, but perhaps more importantly exposing them to many different trades and skills at a young age. We also talk to Mark’s daughter about a project that she undertook this summer and how she ended up as a 9 year old...

Steven Manuel talks to Jeff Davenport about talking with little ones (5-9 year olds) about divorce. Should we shield our children from the harsh realities of this fallen world? How long? How do we teach them Biblical fundamentals? When do we start introducing talk about the breaking of God’s laws (i.e., divorce), and how? Tune in as old friends kick around a subject every Christian parent will eve...

In this episode Mark sat down with his buddy Murray who has been through just about every car buying scenario there is, and learned a thing or two in the process. Murray went from reactive, fear-based decision making to the shrewd use of debt and careful research as he evolved from car buying novice to auto financing expert. Learn from Murray and avoid some of the pits into which he fell!

Steven Manuel offers a counter-intuitive perspective on the decision to prefer the livelihood of a business over the comfort or support of an individual. Referencing his days as a hair salon owner, he offers a short lesson in how a business, much like a ministry, is a platform for good works and Kingdom expression. And if that is the case… then the business must be protected!

What should you do when your weekly rhythm runs into a roadblock? This week Mark and Steven discuss how to react when your regularly scheduled Sabbath runs into a conflict or an opportunity. Should you say no to anything different on these set aside days, or is there a way to make your rhythms flexible enough without sacrificing their important place as guide rails for your family?

Dads, you have a narrow window of time in which you can tie the heartstrings of your children. Did you know you need to win their hearts in that window? Most dads don’t know that they need to be hard at work ingratiating themselves to their children RIGHT NOW. In this pod we discuss the why and the how, with guest Seth Spading.

We made it – the finish line for our Build Wealth Like an Ant series. Last week we sung the praises of plain old stocks and bonds (aka ‘boring investments’) and this week we talk about where to put them once you get your hands on a few of those suckers.

Steven and Mark sat down to tell the end-to-end story of the formation of their business, Outpost Advisors. In this episode we talk through the ways in which Abraham’s Wallet served as the catalyst for a new venture, describe why we’re hiring more people to grow this company and finally reassure you that Abraham’s Wallet will always be a free and evolving resource for you family-building, multigen...

In part 4 we sing the praises of good ol’ boring stocks and bonds. No matter how you plan to build and steward the resources that you’ve been entrusted with, we think that this investment class is worth a good look. There are not many other assets that require so little of your direct efforts in order to grow, and stocks and bonds can provide a fantastic foundation for other wealth-building effort...