Getting your Financial House in Order
The situation described in the letter you printed from Deep in the Hole two issues ago (Dec. 2019 Vol. 35 Issue 5) is indeed “heartrending.” While it might seem impossible to pull this gentleman out of his financial hole, we should thank him for his honest portrayal. His story serves as an excellent cautionary tale for young people.
For the first time in U.S. history, it is believed, the present generation of young adults will not fare as well financially as their parents did. This means that young people need to be especially conscientious about their financial planning as well as about their ideas and values regarding money. (It’s an important topic for shidduchim as well. See sidebar.) We are fortunate to have an organization like Mesila to help those looking for financial guidance. It is precisely because Orthodox families incur additional expenses for food, education, and more that it is incumbent on them to be financially savvy. That includes Jewish educators preparing the next generation to be able to afford the demands of Orthodox living.






