Ops & Blogs | The Times of Israel » Baruch Labinsky

Making Aliyah the financially sound way

Baruch Labinsky — Tue, 29 Jan 2013 15:56:54 +0000

Inspired by recent blogs by Elie and David about “Making Aliyah the right/easy way”, here’s my take on “Making Aliyah the financially sound way”. Yes, that dreaded aspect, the one guaranteed to burst anyone’s blue and white balloon, rain on any parade – even in August in Tel Aviv. That financial dimension that is so [...]

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Emergency financial reserves

Baruch Labinsky — Wed, 21 Nov 2012 12:31:30 +0000

As I write these words a code red alarm has just sounded in Ashkelon, the Israeli Air Force is carrying out bombing sorties in Gaza, and several major world players are trying to mediate the terms of a ceasefire between Israel and Hamas. My heart and prayers are with all the citizens and soldiers of [...]

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Blue and white vs red, white and blue investing

Baruch Labinsky — Sun, 28 Oct 2012 20:12:39 +0000

The media and many financial pundits in Israel have in recent years stressed the following equation: Fact 1: the US is cracking down on offshore accounts and trying to locate hidden money to expand its tax base and cover its tremendous deficit. Fact 2: legislation, including the Foreign Tax Compliance Act (FATCA) and longstanding [...]

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Repent for financial mismanagement!

Baruch Labinsky — Mon, 24 Sep 2012 12:13:02 +0000

The Jewish New Year and High Holiday period is synonymous with soul-searching, atonement and self-improvement. It is also an opportunity to think about ways to improve society and make the world a better place. But that soul-searching and self-improvement can and should also be applied to our finances as well! When we are less financially [...]

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Face the reality – it can be better than you think!

Baruch Labinsky — Sun, 09 Sep 2012 08:31:27 +0000

My last blog in which I talked about financial procrastination raised some ire among readers who missed the basic premise. People by nature never have enough money to satisfy their wants and needs. And it is true, the standard of living in some Western countries is higher than here in Israel. However, one hundred years [...]

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Financial Procrastination – an Israeli obsession?

Baruch Labinsky — Wed, 22 Aug 2012 14:40:10 +0000

“Financial planning” – two very strange words to the average Israeli. While statistics have shown that the majority of people in Western countries do not necessary invest tremendous amounts of time in planning their financial future, my experience in Israel tells me that the percentages are significantly lower here. Why does the average Israeli, never [...]

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