Dickie: Fake It Till You’re Broke

The Washington Times is running an important op-ed piece by Crown President Robert Dickie III calling for a national discussion on the epidemic of financial illiteracy in America:

A national crisis in financial education contributes to the current willingness to embrace buy-now-pay-later logic, whether the spender is Uncle Sam on a spree with taxpayer dollars and a credit card from China or any average household, where “budget” is just a word on a child’s spelling test. Financial strain and growing personal and national debt have a stranglehold on Americans in a sluggish economy that has crawled for 43 months with higher than 8 percent unemployment…

Financially ignorant, many Americans have no idea how to impact their financial health…We can’t expect people with zero financial skills to make insightful choices or engage effectively in teaching their children about money. It’s time for a national discussion of skills and tools that are just as important as reading, writing and arithmetic…

As a nation — whether in schools, churches or halls of government — it is time to seriously address the financial-education deficit that is contributing to our current decline.

Please help us get the word out about this vital topic by forwarding this message to family and friends and encouraging them to read the entire editorial at The Washington Times. Thanks for your help!

Chuck Bentley

About Chuck Bentley

CEO, Crown Mininstries
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One Response to Dickie: Fake It Till You’re Broke

  1. hope64 says:


    Let’s begin at home!
    We just put our nearly 16 year old son in charge of our finances for six months. That’s right! ” Lock, stock, and barrel.” He enters all of our expenses into the ledger, keeps track of each category, makes a spread sheet at the end of each month showing what we spent in each category and what we have averaged thus far this year. He also makes recommendations on what changes we need to make in each category – if any.

    A sense of completion is important and the end of the year always seems like a time to take a deep breath and say “thank you” to God for helping us and blessing us. So, January 1st, he’ll get his 1/2 a credit in “Consumer Economics”.

    Then, he will make up our “end-of-the-year” log which displays our net worth, savings this year, what percentage of our income went to each category, a list of our current short, medium, and long-term goals, and write next year’s budget!

    When we began this project, I knew I wanted our son to take the finance course for at least six months so he could see seasonal fluctuations I also was fairly confident that something unexpected would happen within that time frame — so he would get to see the emergency fund at work.
    It did! He accidentally hit the garage door while I was teaching him to park in the driveway.

    He is now so aware of how much money it takes to make it from one month to the next – and he is very proactive in helping us stay on target. He is also genuinely grateful any time we are able to give him something extra — not a needed item — but just something to bless him because he is our son and we love him.

    He now knows first-hand where that money came from and how hard it is to stretch. Money has become a reality to him!

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