The Hasidic Man with a Money Warning for EVERY Family

In this powerful and eye-opening episode, Mendy Feferkorn shares why he’s on a mission to bring financial awareness to the Hasidic community and beyond—without any personal gain. After facing a financial blind spot himself, Mendy—a self-described "regular Jew"—realized that many Orthodox Jewish families simply don’t know what they don’t know. From the dangers of credit cards to the importance of starting to save for your child’s wedding the day they’re born, Mendy walks us through practical, Torah-aligned financial strategies every family needs to hear. 💸 How can $5 a day turn into over $100,000? 💳 Why is living on credit destroying frum households? 🏦 What’s the best way to set up retirement savings without a broker? 🛡️ Why is life insurance not optional—and what is Areivim USA? His message is clear: You don’t need to be rich to live responsibly. You need discipline, consistency, and the awareness to plan for the future. Whether you’re 25, 42, or 60, this episode is a must-watch for anyone serious about securing their family’s financial future—with Hashem’s help. • Subscribe to and watch Mendy's channel: https://www.youtube.com/@mendyfef • You can email Mendy here: Mendy@Feferkorn.com • Community-driven financial protection mentioned: https://www.areivimusa.org/ ✬ SPONSORS OF EPISODE 90 ✬ ► BITBEAN – Got big ideas but clunky systems holding you back? BitBean is the go-to team for custom software that actually works for your business. Whether you're in healthcare, finance, or retail, they’ve built powerful platforms that scale smart. 👉 Dive into real case studies and connect with their expert team here: https://bitbean.link/4edg53 ► THE DONOR'S FUND – Charity should be easy—and now it is. The Donor’s Fund gives you one place to manage all your giving, with a sleek app and smart tools that make donations strategic and seamless. 🎁 Open your free account today: https://thedonorsfund.org/koshermoney ► TWILLORY – Your wardrobe upgrade starts here. Shop high-quality shirts, polos, and performance wear—without breaking the bank. 🎽 Use code KM20 at https://Twillory.com/KosherMoney for 20% off ✔️ No minimums ✔️ No cap on savings ✔️ Limited-time offer ► COLEL CHABAD – Our brothers and sisters in Israel need us more than ever. Every dollar makes a difference. 🙏 Partner with Colel Chabad: https://ColelChabad.org/KosherMoney ✬ Donate Tax-Deductible and Inspire Millions: Your gift of any size enables Living Lchaim to share uplifting & educational content! Visit https://www.livinglchaim.com/donate Time Stamps: 00:00 Intro 01:44 What Does Mendy Do for Work? Why Is He Doing This? 02:59 Why Are Some People Better Educated on Finance? 5:01 What Money Mistakes Are People Making and Why Is It Resonating? 12:11 Faith, Trust & The Magical Number of 120 in Judaism 17:23 The Donor's Fund - Smart Charity 18:53 BitBean - Custom Software Solutions 19:50 Hishtadlus / Effort 21:54 God's World and YOUR Job 23:44 All Money Comes from Beneath God's Throne 27:40 MENDY'S 4 SMART MONEY STRATEGIES 29:28 Living Life Responsibly 36:40 People Spend Money They DON’T Have 42:19 How To Correctly Put Away Money 47:00 The Danger of Amazon 49:20 The High Costs of Marrying Off Children 51:00 Having Separate Accounts for Each Child 56:17 Twillory (NEW STORE!) 57:27 Colel Chabad - Israel's Charity 58:53 How to Plan for Retirement 1:10:52 Life Insurance 1:14:15 What Is Areivim? 1:21:00 Mendy's Contact Info 1:29:03 Outro, Contest Winner, New Giveaway & More Link to Areivim's site: https://www.areivimusa.org/ 📲 Follow Kosher Money for Bonus Shorts: TikTok: https://www.tiktok.com/@koshermoneypod Instagram: https://www.instagram.com/koshermoneypod 📲 Follow Living Lchaim for More Goodies: TikTok: https://www.tiktok.com/@livinglchaim Instagram: https://www.instagram.com/livinglchaim/ Facebook: https://www.facebook.com/livinglchaim LinkedIn: https://www.linkedin.com/company/living-lchaim 📞 Free Call-In-To-Listen Hotline: USA: 605-477-2100 UK: 0333-366-0154 Israel: 079-579-5088 🎓 Living Smarter Jewish is a fantastic financial resource. 📘 Get guidance: https://livingsmarterjewish.org/contact 🏫 Check out the school curriculum: https://livingsmarterjewish.org/schools 📤 WhatsApp feedback to Living Lchaim at 1-914-222-5513 ⚠️ All investment strategies and investments involve risk of loss. Nothing contained in our content, ads, or videos should be construed as investment or personal advice. #FinancialResponsibility #FrumFinance #LiveWithinYourMeans #PlanForTheFuture #SmartSpending #JewishMoneyTalk #KosherMoney #LivingLchaim #MoneyAndEmunah #FrumLife #WeddingPlanning #LifeInsuranceMatters #RetirementPlanning #MoneyHabits #JewishValues #ChassidicLife #HasidicJewishCommunity