Society’s gaping void in financial literacy is well known. There are already government-mandated programs across the globe to address this deficiency. Even still, a number of academic reviews of such programs have found them ineffective in meaningfully improving financial decision-making. This may reflect the limitations of teaching against the values and institutions of societies that are broadly unsupportive of financial responsibility. Indeed, as a veteran financial journalist, my observation is that even industry professionals lack a clear understanding of finance; they may possess a lot of technical knowledge, but all too frequently lack an awareness of how finance connects to life.
As an Orthodox Jew, I look to what our Talmudic Sages have had to say about financial life, and I find that here too, even the community of observant Jews lack a comprehensive view of the Torah’s values as they relate to our personal finances. I have not found a single book that puts together these teachings on matters of personal finance, despite the great need for Jewish households to organize their finances in a manner conducive to their unique lifestyle needs.
Seeing this void, my son Ariel and I joined forces to create a book (serialized here) that relates the Torah’s view of wealth, its logical approach to financial planning, along with advice on how to go about earning a living, invest for the future, manage risk and plan retirement. We have decided to make this resource available on this site for the benefit of the public, and as an example of the kind of writing and research we do for our clients.
Read installments of the book to the right!
Praise for “A Torah Guide to Personal Finance”
“A Torah Guide to Personal Finance accesses the wisdom of the Talmud and the Rambam to help us make intelligent lifestyle decisions and overcome the obstacles blocking the achievement of true Torah wealth.” – Rabbi Jonathan Rietti, co-founder of Breakthrough Chinuch and author of The One Minute Masmid.