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"Religion and money: The price of faith"

Posted on September 15, 2009 at 11:07 AM

Ask Abbi Perets about financial pain, and she starts talking about grape juice. Specifically, she's referring to the half-gallon bottles of grape juice that her local grocery sells for $9 each.

 

Drinking the juice is an integral part of the prayer ritual that Abbi, her husband, Guy, and their four children follow every Friday and Saturday to commemorate the Jewish Sabbath. Like all the food in the Perets household, the juice must be kosher - that is, prepared according to Jewish dietary laws. And the $9 juice, more than three times the price of the regular kind, is the only kosher grape juice she can find.

 

It is impossible to put a price on religious belief. But as Abbi Perets knows from her trips to Kroger, exercising that belief doesn't come free. For the most devout practitioners - perhaps 15% of Americans, if measured by how frequently they attend services - following their faith's precepts often has a profound financial impact: Religion guides how they make, spend, and invest their money. And it often leads to financial decisions and stresses far different from those of people who don't share their beliefs.

DETAILS at: money.cnn.com/2009/05/12/pf/religion_jewish_family.moneymag/index.htm

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Categories: Global Religious News, Education, Business, Tech, Family, Social, Cultural

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