studies on Payment

It is said that upon his (Edmund Spenser, 1552-1599) presenting some poems to the Queen (Elizabeth I) she ordered him a gratuity of one hundred pounds, but the Lord Treasurer Burleigh objecting to it,...

Imagine that I go to a friend and say: “Don, I’m in trouble. I need to borrow $10,000. Would you lend me $10,000?” And Don says, “Sure. He lends me $10,000 and I understand that I now owe him $10,000....

Mercy goes beyond justice, it does not undercut it. If I forgive you the hundred dollar debt you owe me, that means I must use one hundred dollars of my own money to pay my creditors. I cannot really ...

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 celebrated CBS newsmagazine 60 Minutes presented a segment on August 14, 2022, titled “Hope Chicago.” The segment tells a remarkable story about what happened to students at a high school on...

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...

My husband, Jeff, is an excellent driver. He has never had an accident, excepting two incidents in high school which hardly bear mentioning— Several years ago, I was driving across town to get to a sp...

It’s not that unusual for a painting by a famous artist to go for over a million dollars at Sotheby’s in London. It is very unusual that, as soon as the deal is done, the painting immediately “s...

“The reason I am a minimalist today,” Troy began, “is because of the color of my house.” I’d never heard that one before, so I asked Troy to explain what he meant. Troy was a tall man of about forty w...

I recently attended an event sponsored by Compassion International, the International Child Sponsorship Organization. The event was called “Stepping into My Shoes”. The purpose being to show children ...

Consider the following summary of an interview conducted by Abhijit Banerjee and Esther Duflo, two of the world’s leading researchers on poverty: In a village in Indonesia we met Ibu Emptat, the wif...

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...

I am always intrigued by how few Americans know the account of what has been called the most important unknown moment in American history and the single most important gathering ever held in the Unite...

Even if people reject the gospel, we still must love them. A good example of this was reported by Ralph Neighbour, pastor of Houston’s West Memorial Baptist Church (in Death And The Caring Community ...

Have you ever heard the story of the mother who wanted to teach her daughter a moral lesson? She gave the little girl a quarter and a dollar for church “Put whichever one you want in the collection pl...

When a visitor left a quarter for eight-year-old Liam, the family began discussing what he might do with it. His older sister suggested, “Why not give it to St.  Jude’s hospital?” Liam pondered for a ...

One Sunday, an usher brought to me an offering plate holding a bacon biscuit that a college student had deposited in the morning offering. A little note attached said, “Silver and gold have I none, bu...

In the Anglican liturgy the passing of the peace comes after confession and absolution, on the heels of our reminder that we are forgiven. This too is no coincidence. Our forgiveness and reconciliatio...

Mortgage is a French word. It’s a combination of two Old French words, mort meaning “death” and gage meaning “pledge.” Yep, signing a mortgage means you are signing a death pledge. It was named this a...

There’s a coffee shop in Bluffton, SC named The Corner Perk. Bluffton is near Charleston. In 2012, a woman who wished to remain anonymous handed the owner a hundred-dollar bill and said she wanted to ...

15 percent of everything Christ said relates to this topic [of money and possessions]—more than His teachings on heaven and hell combined. Why did Jesus put such an emphasis on money and possessions? ...

In the last class I taught at Regent, an obviously irritated young woman came up to me and said, “Dr. Peterson, three times during your lecture you did not say anything for twenty seconds. I know beca...

The British poet Thomas Campbell, attending a horse race with some friends, bet one of them (Thomas Wilson) £50 that the horse Yellow Cap, would come in first place. After the race ended, Campbell, th...

Many Christians don’t give. Others determine to do their part but sigh deeply before writing a check to their church or ministry. They give strictly out of a sense of duty and obligation. Better to gi...

Consider the old Yiddish story about the shopkeeper who arrived at his shop only to find abusive and derogatory graffiti spray-painted all over his store window. He cleaned the window, but the same th...

A little girl once wrote a letter to an advice column in the Newspaper. In it, she tells a story about her uncle and aunt. “My uncle was the tightest man I ever met.” She said. “All his life, every ti...

Think of a contract. Think perhaps of an employment contract or a memorandum of sale or an IOU. What you hold in your hand is a sheet of paper with a series of commitments written on it. This is what ...

While most of us probably avoid borrowing money, there are cases in which people actually enjoy borrowing from other people. For instance, the Austrian poet Peter Altenberg loved to borrow money from ...

Take what you have—whatever you have—take it into your hands and hold it lightly, very lightly. Then bless it—thank God for what you have and make it holy by giving it away for love. Then break it—sor...

A shoplifter wrote to a department store, saying, “I’ve just become a Christian, and I can’t sleep at night because I feel guilty. So here’s $100 that I owe you.” He signed his name then added a littl...