The Hasidic Man with a Money Warning for EVERY Family
Living Lchaim
Mendy Feferkorn addresses financial challenges within the Hasidic and broader Orthodox Jewish communities, emphasizing responsible financial management aligned with Torah values. He shares personal insights on common financial pitfalls, including the overuse of credit, lack of long-term savings, and the importance of starting financial planning as early as possible, such as saving for a child's wedding from birth. Mendy offers practical strategies, such as saving small daily amounts, understanding the necessity of life insurance, and managing funds without a broker. His main message conveys that financial security isn’t about wealth but about informed planning and consistent effort, aligning with Jewish teachings.