studies on Financial Loss

Many years ago a senior executive of the then Standard Oil Company made a wrong decision that cost the company more than $2 million. John D. Rockefeller was then running the firm. On the day the news ...

One of the most challenging and complex economic realities faced by many of our neighbors who live paycheck to paycheck is finding financial resources to cover immediate and unexpected expenses. To ad...

The novel Martin Chuzzlewit , written by Charles Dickens, is one of his least successful works, though Dickens himself commented to a friend that he believed it was his greatest work up to its pu...

… Larry Laudan, a philosopher of science, has spent the last decade studying risk-management. He writes of how we live in a society so fear-driven that we suffer from what he calls risk-lock – a condi...

How many modern Christians consider dying to be the worst thing that can happen to them? We pray for safety, healing, and protection, and rightly so. However, do we live in the truth that death has tr...

There are many titles that historians of the future may give our era, but one that they are certain to consider is "The Age of Suspicion." People are suspicious of political authorities beca...

Jerry Sittser, who experienced the terrible tragedy of losing a mother, a wife, and a daughter in the same car accident, wrote these poignant words on loss: Loss creates a barren present, as if on...

In The Last Arrow, Erwin McManus shares the story of Mark Floyd, a businessman who convinced investors to place $20 million dollars in an investment that ultimately failed. Instead of crawling into a ...

The vulnerability that leads to flourishing requires risk, which is the possibility of loss—the chance that when we act, we will lose something we value. Risk, like life, is always about probabilities...

The second lesson this group of new believers has shown us is that the postmodern path to faith is organic. Lostness, of course, looks different depending upon your perspective and personality. It is ...

For some people the brokenness in these foundational relationships results in material poverty, that is their not having sufficient money to provide for the basic physical needs of themselves and thei...

A ship went down in a storm, and only one man survived. He was fortunate enough to land on an uninhabited island in the South Pacific. With just a few items in his pocket, he was able to build a small...

In his thoughtful book, Our Good Crisis: Overcoming Moral Chaos with the Beatitudes , Jonathan K. Dodson asks an important question: how do you mourn the losses in your life: How do you mourn? ...

My friend Tim is a manager of a small company. Because he often hires people for their first full-time job, he gets to tell new employees about their benefits. One time, Tim was trying to explain to a...

Tom Watson, Sr., is the man who founded IBM. You can imagine the money, the investments, the experiments, this man, and his multi-billion dollar company have made through the years. Once, years ago, w...

Sometimes our successes can be more devastating than our failures. We fight, strain, and struggle in pursuit of something or someone that looks to be good, and after days or months or years, we obtain...

Robert C. McFarlane was a well-known businessman in the Los Angeles area. He had moved to California from Oklahoma in 1970, and within just a few days of his arrival—due to a disastrous misunderstandi...

“Why our son?” are the only words you can muster. The funeral is over and the words of comfort have been politely said. Now it is just you, your memories, and your question, “Why me?” “The tests were...

Change invariably leads to loss, loss to grief, grief to anxiety and, finally, anxiety to hostility. We need therefore, to acknowledge grief. We need to understand and choose to walk with the grieving...

Writer Harriet Sarnoff Schiff has distilled her pain and tragedy in a book called The Bereaved Parent. When her young son died during an operation to correct a congenital heart malfunction, her clergy...

Suppose I sell you a piece of commercial property on which I am already behind in my mortgage payments. You not only pay me a fair price for the property but also pay my overdue payments. Now the prop...

Shepherds in Lebanon, and in the Holy Land (in addition to some of my students), have told me that once a sheep knows that it is lost, it tries to hide under a bush or rock and begins quivering and bl...

Dan B. Allender, in his book Leading Character, tells the story of a friend whose daughter was diagnosed with leukemia. He kept news of his daughter’s illness to himself, fearing that his employees wo...

Burnout is the disease of our age. Time magazine had an editorial way back in the 1980s about “the burnout of just about everybody.” I concluded that the metaphor of burnout was not quite right, parti...

A professional carpet-layer stepped back to admire his customary flawless work. While surveying the installed carpet, he reached into his shirt pocket for a cigarette and realized the pack was missing....

Recently I talked to a friend who had been a faithful pastor for more than two decades. After raising four kids with his wife of almost thirty years, he came home one day to the shock of his life. His...

Professional football players often get heated on the field, sometimes letting their emotions get the best of them when penalized by an official. Art Holst, a longtime NFL referee, recalls a Sunday ga...

In an interview discussing her most recent book Hamnet, the novelist Maggie O’Farrell shares a great analogy on grief. It started with research she needed to do on embroidery, an area in which she was...

“I live in a small, rural community. There are lots of cattle ranches around here, and, every once in a while, a cow wanders off and gets lost . . . Ask a rancher how a cow gets lost, and chances are ...

Learned Helplessness can be easily seen in a research study when participants are given a math test. In this study, some participants are told, “men don’t tend to do well on this test,” or “Millennia...