Rabbi Daniel Lapin – Thou shall prosper | Biblical Money Principles

by birtanpublished on August 21, 2020

Rabbi Daniel lapin the author of bow shall prosper is my guest today at the invest diva movement this book has quickly become my favorite read so far in 2020 and it taps on the biblical Money principles a lot of people in today's society either don't know about

Or choose to ignore if you really want to understand why you're not as good with money as you could be and if you want to find out the secrets to becoming wealthy then you've got to say it with us today until the end of the episode

Click on that subscribe button so that you don't miss out on our next episode that is going to help you with your Investigator Danielle I'm the founder of the investable movement it tribe up for active moms who want to create a better

Life for their kids we don't rely on our husbands the bank or money managers to determine our financial future in fact we do the exact opposite we take control of our money because our financial independence is bigger than just us is

For our kids and their children to come we're different because we're fighting against the boys on Wall Street we don't want our money locked up in a 401k we're not going to let us sit in the bank and lose it's worth so with that let's go

And say hi to rabbi Daniel lapin and find out about how his book thou shall prosper can help us on our journey and let's get the movement going I am such a big fan of this bow shall prosper thank you so much for being on

The show and the first question that I wanted to ask you is what on earth made you to write this book and why is it called thou shall prosper um well the the second question first because it's easier to answer I had originally titled

The book holy money I thought so and you think so unfortunately my publisher did not think so and one of the things I've learned is that people who've been in business for a while tend to know their business and so when

My publisher said no how do you like bail shall prosper I I said well it doesn't immediately work for me but I think you probably right you know your business and they were absolutely right holy money would not have sold the huge

Numbers of books that thou shall prosper the ten commandments are making money did sell so that's the title I take no credit for but they were absolutely right and how I came to write the book is because many many friends non-jewish

Friends around the country right I speak to live audiences 12 13 14 times a year and many of those people have heard me many times eventually many of them became comfortable enough to ask me one of the questions that was really

Bothering them and the question just kept on coming up again and again and again and that was why are Jewish people disproportionately good with money and and I was forced to acknowledge the fact that they were absolutely right you know

The Forbes list the annual list of Forbes magazine the 400 richest Americans well given that Jews make up less than 2% of America's population they should be at most about 8 Jews on the Forbes list of of the 400

Richest Americans and yet they are never fewer than 60 usually closer to 100 you know which is more than a 10 times over representation and I will always feel a little embarrassed by the question and I used to say well you know they really

Are could Jews as well as a yeah yeah of course but the fact is wouldn't you agree that Jews are disproportionately good with money and I thought to myself and I realized the only honest answer is yes absolutely and what is more it's

Also true to say that that the that my embarrassment at the question was evil it was just plain evil the very fact that I felt embarrassed by that question sure then I believe deep down in me that there must be something reprehensible

About financial success and so I then set on a lengthy process of studying all the Torah sources all the ancient Jewish wisdom sources so that I could get rid of my contemporary progressive view of money and finance and replace that

Operating system in my soul with a biblically based operating system in other words what I was really determined to do and it took many many years to do it I was determined to find out what did God have in mind for human economic

Interaction and once I've completed that research it just screamed out loud for a and the book thou shall prosper the 10 commandments for making money is the result so where are you rich first because I feel like you have to have

That relationship with money and you have to be mindful that money is a good tool money is not the root of all evil in order to become prosperous and financially successful so which one came first for you yeah you put your finger

On that it's in fact one of the Ten Commandments it's a very long and important chapter in the book is indeed reshaping your perception of money now and have you noticed that in the culture there is general denigration of

Financially successful people have you noticed for instance that when politicians tell their life story they always start off by saying I grew up pleure have you noticed that it's my story too I yeah well it's nothing to be

Proud of it just means that your parents did not practice these principles unless they were extenuating circumstances and I do know a little about your background and the oppression and indeed extenuating circumstance was the

Government well yes Yeah right in so so that's very important it's also important to note that there are phrases used in the culture I am sure you've heard over the last 12 years or so I'm sure you've heard the phrase the rich

Must pay their fair share right what does that mean that means number one that the rich have not been paying their fair share they are pretty reprehensible and scurrilous crowd a really bad crowd that's the first thing it means and what

Is the next thing it means it means that we will decide what they should pay because the word fair is not only totally undefined but because of that lack of definition of the word fair there is no word for it in the Hebrew

Language in the Lord's language which is why but you are a big fan of giving to charity that has nothing to do with fairness okay nobody but nobody has 80 rights to your money nobody now I have an obligation to give charity but it has

Nothing to do with fairness it's the goal is not to make the recipient of my charity as wealthy as I am that's not the goal so what is the goal of a charity then the goal of the charity is twofold but primarily to produce in me a

Sensitivity to other people and to teach me to relinquish my grip on money because a grip on money is completely antithetical to making money because as it's a large part of your show what you have to be able to do is you have to

Make an investment now every investment has risk with it if it had no risk then would have zero potential for profit and I mean I think that's fairly self-explanatory and so that means I have to reach into my pocket and take

Money out and put it into your business in the hope that your business may or may not succeed but I hope it will succeed and that I will benefit from our investment but at the same time there's a part of me say don't take your belly

And put it into into her business no put it into a bank account in the in a safety deposit box that's the best thing to do and so both charity and investment teach me the knee to loosen the grip a little bit can you

Tell me a little bit about what people will find in your book thou shall prosper I mean I've read it I think it's absolutely fascinating but I wanted to hear it from your perspective what is the what is the what is the one thing

That people should take away from this book that's a little bit like saying to a man what is the one thing that makes a woman attractive and by the way condensing it all to ten was in itself a an arduous and grueling exercise I can

Tell you but let me let me nonetheless try and answer your question and first of all I would say the book isn't for everybody and if if you are somebody who is essentially evolved or devolved a

Passive kind of lifestyle a lifestyle of existential satisfaction like if your lifestyle is one where you feel that you are at the whim of outside vectors that shape your life and you generally feel that that you are a victim of

Circumstance and that somehow or another life just care if you're convinced of that then buying this book is a waste of money for people who are so passionate and so filled with life and are so determined to make more of their life

For which money is an absolutely inevitable prerequisite well in this book is life-changing as as many of the reviews online attest people do find it completely life-changing absolutely I cannot stress

Enough that you should and mices it's not a very long read it leave just get dive into it like these are just frameworks it cannot be done in one day and it sounds very scary when we just put it in like Oh title Oh money is not

Bad okay but that is gonna go away you're gonna hear it right now and if you don't take action on it it's gonna go away you really actually have to understand the principle so go ahead get this book I had a link on for it to it

And below this video and again thank you so much rabbi for coming back we're doing thank you great being with you there was one tradition and what would be some examples of that that have been successful anything that makes you very

Embarrassed and feel silly and it's not in your normal face I would well unfortunately what is my normal addressed face is an angry scowl

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