Greetings, Rabbi Lapin. Great message! Just finished your book, “Thou Shall Prosper”, It was truly transformative and inspiring! Newly signed up as a happy warrior. God bless you, sir!
You're a great person Daniel! God put you and your wife for a great purpose. You teach me so much about the Bible and living a holy life. Thank you Daniel and company and God bless you. 🙏
Very insightful Rabbi. I just cringe at the thought of asking for help or a favour. It's as if my ego seriously gets bruised. But what you shared makes so much sense. Thanks a lot Rabbi.
I had never come across this vulgarity and couldn't figure out what F U meant so I decided to listen to the video. I'm familiar with FIRE, Financial Independence, etc. It's good to be financially independent.
My Bible it's a good one, in fact the verses correspond to yours', Rabbi, thank you so much for the advice, anyways thank's to God my Bible it's a good one!! Thank's a lot for this video, I needed it a lot and it came just in time for sure for what I have to do!!
Thanks, Rabbi Lapin! 🙏 1. I’m afraid I disagree with your statement: “The more dependent you are, the better off you’ll be.” 2. It’s just the opposite, in my opinion. 3. Context is key here. 4. Lack of control over your circumstances is the key factor for causing stress & anxiety. 5. Being independent-both financially & personally-makes you feel better about yourself, and of greater value to others. 6. Not needing to depend on anyone else for your financial security & self image is empowering. 7. In the context of personal relationships, you may CHOOSE to be dependent & trusting of a spouse or family members, but in the worst-case-scenario of divorce or estrangement, knowing you can take of yourself is foundational to rising above your circumstances & moving on. “The Strongest Man in the World is He Who Stands Most Alone.” -Henrik Ibsen
Even if you are financially independant, you are still dependant on others. When you use money, you exchange it for goods or services of others, so you are still dependant on others, because you need stuff from them and money only facilitates the transaction.
@@the_real_economics 1. I agree with you to an extent. 2. But distinctions are important. 3. There are “transactional” relationships. 4. And there are “affinity” relationships. 5. I’ll watch the video again, but I believe Rabbi Lapin was referring to affinity relationships. 6. Especially spousal relationships. 7. But I 100% agree with you about transactional relationships. 8. I’m a rental real estate investor & developer. 9. While I have the requisite general knowledge to operate in this business sector, I could NOT attain success without the special skills & technical knowledge of trusted professionals in their respective fields. 10. I am DEFINITELY dependent on them. 11. But I pay them well for the exchange in value.
Thank you for the lecture, Rabbi. In other lectures you say that we should donate 10% but in this lecture you say that we should stop trying to change the world. Isn't that a contradiction? Am I missing something? How exactly should we donate? Does it matter who or what the recipient is? Does it have to be a charity? What if it's a friend or family member?
Hi Luca--we are indeed obligated to give away 10% of our income--it doesn't really even belong to us. Try give it directly to people it will help rather than to large organizations who are trying to change the world. There are great large organizations like World Vision and others that genuinely help people in need rather than trying to change the world through political and economic pressure. Cordially ~ RDL
Rabbi Lapin, my view of F U money is to have enough money in savings that I do not have to put up with an abusive employer, spouse or partner. I see it as an obligation everyone has to themselves the same as having emergency money in case of an economic down turn that effects your business or employment.
No question, Dennis, Totally agree. Just was trying to say that the idea and desire of 'freeing yourself' from associating (and trading) with others is a mistake. But building up an asset portfolio including cash is very necessary. Cordially ~ RDL
@@nellosnook4454 No question, I totally agree. Just was trying to say that the idea and desire of 'freeing yourself' from associating (and trading) with others is a mistake. But building up an asset portfolio including cash is very necessary. Cordially ~ RDL
Rabbi Lapin. I have a question non-related to this video. I hope you don´t mind and feel safe to answer without endangering your youtube channel. What consequences would or will a Central Bank Digital Currency completely substituting the present monetary system have in our lives ? Especially a CBDC that a central authority will program for use in what they think is best for society ?
Pan for gold, that's the real deal! Then invest in GOLD MINES direct and not through the stock market of Wall Street which is full of sharks. Paper gold called gold contracts ain't going to do anything good but physical in your hands in your residence where ever that maybe is the best investment ever!
