Cost

If you have money problems, maybe you need to hire a “financial therapist.” A recent Wall Street Journal article states:

Do you worry a lot about higher food and gas bills? Fight with your spouse over spending splurges? Fear you’ll outlive your savings? Some people seek to ease such money anxieties by hiring a financial therapist.

Many Americans are worried about their personal finances. In a survey of about 3,000 U.S. adults conducted in October 2024 by Fidelity Investments, more than one-third of respondents said they were in “worse financial shape” than in the previous year. Some 55% of those respondents blamed inflation and cost-of-living increases.

Similarly, 52% of 2,365 Americans polled for Bankrate.com said money negatively affected their mental health in 2023. That is 10 percentage points higher than in 2022. Financially anxious and stressed individuals are less likely to plan for retirement, prior research has concluded.

The goal of financial therapists ultimately is to help people make good financial decisions. This is typically done by raising their clients’ awareness of how their emotions and unconscious beliefs have affected their sometimes messy experiences with money.

Needs for such help often arise following a job loss, bankruptcy, or marital partner’s financial infidelity—when one spouse hides or misrepresents financial information from the other. Even something seemingly positive, such as getting a big inheritance or winning a lottery, can cause financial anxiety.

“Folks are craving help with financial well-being,’’ says the president of the Financial Therapy Association.

A beautiful wedding does not a wonderful marriage make. We know that and yet many couples get drawn into the business of weddings and the price tag can create a burden and stress for years. According to The Knot, the average cost of a wedding in 2022 was $30,000, including the ceremony and reception.

Just for reference, warehouse workers, nursing assistants and shuttle drivers make less than $36,000 a year on average. You also could buy a new car for $30,000 or pay for the cost of tuition, housing, and meal plan at a major university for the same price. There is also a massive cost burden for attendees. According to The Balance it costs individual members of a bridal party more than $700 to attend a wedding, including travel, accommodations, and clothing.

But, hey, you can always read up on the dozens of articles highlighting how to save money when planning a wedding … such as “open a new savings account earmarked just for the wedding.” Is that what we have allowed the industry to push us toward? Opening a new savings account just to finance a wedding?

Possible Preaching Angle:

Maybe it is time for us all to rethink our cultural obsession with elaborate weddings – and the staggering financial behemoth it has created.

Add-on fees are driving consumers crazy. From restaurants and hotels to concerts and food delivery, we are increasingly shown a low price online, only to click through and find a range of fees that yield a much higher price at checkout.

The term drip pricing was popularized by a 2012 Federal Trade Commission conference. Its spread is associated with the proliferation of airline fees after the Sept. 11, 2001, terrorist attacks. Yet an example of the phenomenon that long predates 2001 is stores’ practice of listing goods without the sales tax, which gets added at checkout.

Why not include the sales tax with the sticker price? One study from 2019 showed consumers punish that sort of transparency. A grocery store let the authors tag some products with the familiar pretax price and some with the total price including tax. For example, a hair brush’s price tag showed $5.79 before tax, and beneath that $6.22 with the tax. Sales volume dropped for products with price tags that included the tax than a control group without the tax.

This isn’t because shoppers didn’t know the tax rate or which items were taxable. In fact, 75% of shoppers surveyed knew the sales tax within 0.5 percentage point, and most knew what goods were taxable. So, the tax-inclusive price tag didn’t give them new information; it was just that transparent reminders turned some people off.

Possible Preaching Angle:

Jesus never practiced “drip pricing.” He never hid the total costs for following him. It may turn some people off, but he always put the full cost upfront.

A man from Georgia found himself in shock after being handed a speeding ticket totaling a staggering $1.4 million. Connor Cato was pulled over in September for driving at 90 mph in a 55-mph zone, resulting in the citation.

Cato says he knew he would be paying a hefty fine for driving so fast, but even taking that into account, the amount seemed excessive. “‘$1.4 million,’ the lady told me on the phone. I said, ‘This might be a typo’ and she said, ‘No sir, you either pay the amount on the ticket or you come to court on Dec. 21 at 1:30 p.m.’”

Eventually, city officials clarified that the amount was not the actual fine but rather a placeholder generated by the e-citation software used by the local court. The official statement from the City of Savannah stated, “The programmers who designed the software used the largest number possible because super speeder tickets are a mandatory court appearance and do not have a fine amount attached to them when issued by police.”

Savannah city spokesperson Joshua Peacock told the Associated Press that the citation’s value was not meant to intimidate or coerce individuals into appearing in court, explaining that the actual fine is subject to a cap of $1,000, along with additional state-mandated costs. Furthermore, Peacock assured the public that the court is actively working on revising the placeholder language to prevent any further confusion or misunderstanding regarding the nature of the citation.

Still, Cato was not the only person riled up by the big-ticket citation. In a recent editorial, The New York Post called it a metaphor for “the absolute state of the social contract we make with our elected officials and their administrative henchmen.”

Possible Preaching Angle:

People don’t always understand the eternal consequences of their behavior, but there is a shocking day of judgment coming. At that time many will face the consequences of violating God’s laws and there will be no mercy. However, God is merciful “not wishing that any should perish, but that all should reach repentance” (2 Pet. 3:9). At the present time, God uses consequences to awaken people to the penalty of disobedience (Heb. 12:4-12).

Out of curiosity Ben Kirby started watching worship songs on YouTube and identified many of the leaders and preachers as wearing sneakers worth from $800 to $1200. Others wore designer outfits worth thousands. He started an Instagram account posting the preachers and the price tags. In the first month he had 100,000 followers.

In an interview for The Washington Post he questioned the blatant extravagance of someone preaching about Jesus: “I began asking, how much is too much? Is it okay to get rich off of preaching about Jesus? Is it okay to be making twice as much as the median income of your congregation?”

One report noted:

Practice what you preach. We expect our leaders—no matter who they are—to maintain certain standards of decency and to uphold the same values they profess to support. ... Kirby continues to show the dissonance between what preachers, pastors, and priests say and what the details of their clothing reveal about their actual lifestyles.

Just a few examples of what religious leaders have been photographed wearing:

• Gucci Slippers: $1,100

• Jordan 1 Retro High Dior Sneakers: $7,210

• Supreme X Louis V Jacquard Denim Parka: $9,625

• Christian Louboutin Belt Bag: $1,250

• Stefano Ricci Belt: $2,541

Usually, a protest is designed to produce a favorable or positive goal. But for the passengers of American Airlines Flight 893 to Nassau, Bahamas it’s hard to see anything positive that resulted from the refusal of 30 students to wear masks aboard the plane.

According to a local news station, all the passengers were required to change planes because of mechanical issues. But once aboard the second plane, the students decided not to follow the crew’s instructions to wear masks. Passenger Malik Banks was seated next to the group. “It was bad. First, they were yelling. They were cursing. They were being very obnoxious.” He was quick to clarify that not all the students were behaving this way. “I would say 75% to 80% of them were being terrible kids, saying smart stuff.”

As a result of the students’ behavior, American Airlines canceled the flight. Passenger Christina Randolph was incensed. “Well, I’m a nurse, and it’s really, really hard to get time off work,” said Randolph. “So when you finally get time off, you really want to be somewhere you want to be.” The canceled flight meant everyone traveling to the Bahamas lost at least a day of vacation time, and another passenger noted that the delay was costly. “Some people’s vacations are ruined. They were only going for a couple of nights. Now, they have to get rebooked.”

A representative for American Airlines acknowledged the incident, and said that adult passengers were given hotel vouchers to spend the night. Due to age restrictions in booking hotels, however, the students had to spend the night at the airport. Randolph lamented, “All they had to do was follow the rules, put the mask on, sit there. No smart-mouth comments. And they couldn’t do it.”

Possible Preaching Angle:

God puts a premium on obedience because rebellion is not just costly for us, but for those around us. We have the power to bless others through our obedience or hurt them through our disobedience.

Pastor and author J.D. Greear writes:

I remember a Muslim asking me when I lived in Southeast Asia, why would God need somebody to die in order to forgive our sin? He said, "If you sinned against me, and I wanted to forgive you, I wouldn't make you kill your dog before I forgave you. Why would God require some kind of sacrifice to forgive?"

Here's how I answered him:

Choosing to forgive somebody means that you are agreeing to absorb the cost of the injustice of what they've done. Imagine you stole my car and you wrecked it, and you don't have insurance and or the money to pay for it. What are my choices? I could make you pay. I could haul you before a judge and request a court-mandated payment plan. If you were foolish enough to steal my $1.5 million Ferrari (No, I do not actually own a Ferrari), you might never pay it off, and you'd always be in my debt.

But I have another choice. I could forgive you …. What am I choosing to do if I say, “I forgive you”? I'm choosing to absorb the cost of your wrong. I'll have to pay the price of having the car fixed. ... You have no debt to pay—not because there was nothing to pay, but because I paid it all. Not only that, I'm choosing to absorb the pain of your treatment of me. ... I'm choosing to give you friendship and acceptance even though you deserve the opposite.

This is always how forgiveness works. It comes at a cost. If you forgive someone, you bear the cost rather than insisting that the wrongdoer does. And that is what Jesus, the Mighty God, was doing when he came to earth and lived as a man and died a criminal's death on a wooden cross.

Author Gad Saad is one of the leading voices exposing the harm and folly of political correctness in the US and Canada. In his most recent book, he explores the current futile practice known as “virtue signaling.” Most often on social media, people express moral outrage just by hash-tagging a cause and doing nothing else. Just one example is the #BringBackOurGirls, that was used by millions globally because of the kidnapping of Nigerian school girls by Boko Haram. The only thing that came out of all the virtue signaling was the feeding of one’s ego and the social message that they are progressive and a good person.

Saad gives an example of a public display of valor known as “costly signaling”:

The Sateré-Mawé, an indigenous Amazonian tribe, have a very powerful way of differentiating prospective warriors from their fake counterparts. They sedate bullet ants, whose sting is akin to being shot, and then weave them into leaf gloves. Initiates wear the gloves for several minutes and must withstand the stings of hundreds of these ants as they come out of their sedated torpor. One sting causes unimaginable pain, and yet the inductees must withstand the suffering with restrained dignity (they cannot holler).

One such ordeal would be sufficient to test anyone’s toughness, and yet the young men must endure this tribulation twenty separate times. If all it took to become a warrior was the completion of ten push-ups, nearly everyone could complete the task. ... (It is) a rite of passage that serves as an honest signal of toughness and courage, and you’ve solved the problem of identifying the fakers.

You can watch the YouTube video of the tribal ritual here.

You can pay extra these days to buy jeans with ready-made holes that make them look old. You can buy spray-on mud so that your 4x4 looks as if it’s been off-road (yes, I’m serious). But there are no easy shortcuts to maturity in the Christian life.

Rory Gallagher was an Irish Blues guitarist who played a battered old Fender Guitar. The paint was stripped off most of it, and it went well with the gritty blues it was used to play. Johnny Marr, of the Smiths, admired Gallagher’s guitar so much that he took his own guitar to the woodwork room at school, trained a blowtorch on it, set the guitar on fire and nearly burned down the school. But to get its battered blues look Gallagher’s guitar travelled a long road of Irish pubs and clubs over many years.

Possible Preaching Angle:

We may think that if we would only read the right books and go to the right conferences, we might quickly become a mature Christian. Not so. We have to go through times of difficulty with the hard knocks of life, to follow the example of our Savior (Heb. 5:8). Moses spent 40 years in the wilderness before he was used by God. Joseph was 13 years in an Egyptian prison. Jesus lived 30 years in peasant obscurity before 3 years that changed the world. What is God taking you through just now? Embrace it. Trust him. Christlikeness is not cheap.

Donelan Andrews was rewarded with $10,000 by his travel insurance company, all for doing something he teaches students to do every day: read carefully. Squaremouth intentionally added language in its policy documentation offering a reward for anyone who was still reading the details. Their intent was to promote the idea of reading the details carefully, because failure to understand the details of what their policies cover is the number one reason why travel insurance claims are denied.

Of course, a denied claim is only one example of the kind of loss lurking in the fine print. In the United Kingdom, Manchester-based firm Purple provided free Wi-Fi access in 2017 for over 22,000 people. Buried in their terms of service was a commitment to a thousand hours of community service, which could include “cleaning toilets and relieving sewer blockages.” In a story with The Guardian, representatives from Purple explained that they inserted the clause “to illustrate the lack of consumer awareness of what they are signing up to when they access free Wi-Fi.”

But even a thousand hours of service is a mere pittance compared to what Londoners gave up when they consented to the “Herod clause” of security firm F-Secure’s Wi-Fi experiment. That clause provided service only if “the recipient agreed to assign their firstborn child to us for the duration of eternity.”

Not to be outdone, British retailer GameStation once changed its license agreement to a pre-checked box. Unless users unchecked the box, they granted the company “a nontransferable option to claim, for now and forever more, your immortal soul."

Potential Preaching Angles: (1) God wants disciples who will willingly count the cost of discipleship, not be suckered into it because they weren't paying attention. (2) The details of Scripture matter to God. It is a matter of obedience or disobedience. Of course God cares about the details because he loves us, not because he’s trying to trick us.

There might be good reasons why many of us feel stressed by financial challenges. Economists have a term for our rising costs—they call it "Cost Disease." Here's how one researcher summarized all the stats about this "disease":

So, to summarize: in the past fifty years, education costs have doubled, college costs have dectupled, health insurance costs have dectupled, subway costs have at least dectupled, and housing costs have increased by about fifty percent. US health care costs are about four times as much as equivalent health care in other First World countries; US subways are cost about eight times as much as equivalent subways in other First World countries.

I worry that people don't appreciate how weird this is. I didn't appreciate it for a long time. I guess I just figured that Grandpa used to talk about how back in his day movie tickets only cost a nickel; that was just the way of the world. But all of the numbers above are inflation-adjusted. These things have dectupled in cost even after you adjust for movies costing a nickel in Grandpa's day. They have really, genuinely dectupled in cost, no economic trickery involved.

Kris Lackey thought he had hurricane-proofed his manuscripts. An English professor at the University of New Orleans, he had saved his fiction and papers (including the novel he had half-finished) via hard drive, flash drive, and hard copy. But as the murky waters continued to rise and he was forced to evacuate his home, he left his papers and computer equipment behind. Even so, he left them in high places—tables and bookshelves well out of harm's way. He was, by no means, expecting the 11 feet of water that completely besieged his house during Hurricane Katrina.

Returning more than a month later, Lackey found pages floating in mud, completely indecipherable, as well as what was left of his flash and hard drives. Nothing was retrievable. Nothing.

In an experiment in London, security firm F-Secure set up on open Wi-Fi network in a busy public area. But there was a hidden, devilish catch. When people connected to the network, they were presented with (the usual) lengthy terms and conditions. Well-hidden was a "Herod Clause," stating that by using this Wi-Fi you were "giving permanent ownership of the user's firstborn child" to F-Secure. Six people clicked through the "Herod Clause" and accepted the terms.

Possible Preaching Angle:

What a potent illustration of the "hidden costs" of so many things and behaviors that we take for granted.

In a research project undertaken for the Proceedings of the Natural Institute of Science, one PhD candidate surveyed how much it would cost to raise a child like Calvin from Calvin and Hobbes. They focused on the property damage caused by Calvin in the classic comic strip. Calvin as we all know "has an extraordinarily active imagination, which gives life to Hobbes, and is the impetus for Calvin to destroy everything from dishes and lamps to binoculars and garage doors."

The results from the 10-year run of the comic? "In total, Calvin caused an estimated $15,955.50 worth of damage over the duration of the comic strip." But what was interesting is that Calvin's destructive behavior lessened over time—over half of the damage was done in the first year of the comic strip's run.

The results of the research say something for real-life parents, too: "If your little bundle of joy grows up to be a Tasmanian devil of terror, you can expect to pay almost two grand extra per year just in replacing or repairing items. … In parenting, you have to take the bad with the good. With a kid like Calvin, it's probably mostly bad. But even raising a Calvin has its good moments, which are well worth the extra $1,850 a year.”

Possible Preaching Angle:

Yes, raising kids can be costly. But the investment pays off.

Bumps, bruises, fractures, missing teeth and facial rearrangements are an almost every-game occurrence for NHL players in their mad quest for silver glory that is the Stanley Cup. Detroit Red Wings general manager Ken Holland observes: "Two months of playoffs will age a player more than an 82-game regular season."

For instance, the Anaheim Duck's Ryan Getzlaf's cratered face took a puck to the chin during a playoff game on April 16, 2014. Doctors sewed him up. His face was "swollen and stitched, with a jagged line of sutures (doctors said there were too many to count) running from the right corner of his mouth to the left side of his jawbone." He sipped his meals through a straw the next day and played in the Duck's next game two days later wearing a face mask.

Former NHL star Wayne Gretzky said that's how you win championships. Immediately after being swept in 4 games in the finals to the New York Islanders, he visited the Islander locker room: "Guys were limping around with black eyes and bloody mouths. It looked more like a morgue in there than a champion's locker room. And here we were perfectly fine and healthy. That's why they won and we lost. They took more punishment than we did. … They sacrificed everything they had. And that's when (my teammate) Kevin Lowe said something I'll never forget. He said: 'That's how you win championships.'"

Schutt Sports, a major supplier of football helmets for the National Football League, issues the following warning label on all their helmets and on their website's homepage (as of 2024):

WARNING …. NO HELMET SYSTEM CAN PREVENT CONCUSSIONS OR ELIMINATE THE RISK OF SERIOUS HEAD OR NECK INJURIES WHILE PLAYING FOOTBALL.

The warning label continues with some information about the symptoms for concussions and concludes by repeating the original warning: "TO AVOID THESE RISKS [OF PLAYING FOOTBALL], DO NOT ENGAGE IN THE SPORT OF FOOTBALL."

A visitor to the website can't access any content until he or she checks a box next to the words "Please indicate that you have read and understand [this warning label]."

Possible Preaching Angles: (1) Discipleship; Counting the Cost; Risks; Persecution—At least this company is utterly honest about the risks of playing football. In a similar way, the Bible is honest about the risks of following Jesus. In a way, the Bible says, "TO AVOID THE RISKS OF DISCIPLESHIP, DO NOT ENGAGE IN FOLLOWING JESUS."Of course the Bible also offers some amazing promises about the rewards of discipleship. (2) Leadership—You could also conclude, "TO AVOID THE RISKS OF LEADERSHIP, DO NOT BECOME A LEADER."

Apparently many people don't know how to count the cost for their building projects. That's why cost overruns, which stem from "an underestimation of the actual cost during budgeting," are notoriously common. Here are some famous cost overruns:

• The Suez Canal cost 20 times as much as the earliest estimates.
• The Sydney Opera House cost 15 times more than was originally projected.
• The Concorde supersonic airplane cost 12 times more than predicted.
• When Boston's "Big Dig" tunnel construction project was completed, the project was 275 percent ($11 billion) over budget.
• The Channel Tunnel between the UK and France had a construction cost overrun of 80 percent, and a 140-percent financing cost overrun.

A study of cost overruns published in the Journal of the American Planning Association found that 9 out of ten construction projects had underestimated costs. Overruns of 50 to one hundred percent were also common. Another group studied IT projects and also found that the average cost overrun was 43 percent. This study also found that 70 percent of the projects were over budget, exceeded time estimates, and had estimated too narrow a scope.

In his book Finishing Strong, Steve Farrar sums up well the terrible price of sin:

"Sin will take you farther than you want to go,

Keep you longer than you want to stay,

And cost you more than you're willing to pay."