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Many mine Bible for money wisdom during downturn

Source : AP
Last Updated: Wed, Dec 23, 2009 16:50 hrs

There's an old standby for many believers looking for financial advice during the recession: The Holy Bible.

For Florida real estate developer Bob Vigliotti, it helped him get control of his spending habit when one of his projects fell victim to the downturn. He says it helped him let go of the angst and depression of financial trouble.

Ron Blue is the founder of a firm that trains Christian financial professionals. He says almost all sound financial advice has roots in Scriptures.

But financial author Robert Manning says biblical stories from millennia ago aren't sophisticated enough to guide every decision in a world with rising health care and housing costs, and complicated credit and tax laws.

(This version CORRECTS APNewsNow; corrects spelling of millennia. Will be led; Also moving as BC-US-REL--Religion Today on general news lines.)




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