risk

The Shortcut Tax: Why Get-Rich-Quick Schemes Exploit Formation Gaps

Golden streams winding through stones toward an illuminated maze opening
~ Rich Pascual ~ Leave a comment

I have a confession: “get rich quick” still knows exactly where to find me. Give me a tired Tuesday, a headline about someone making six figures from a laptop, and suddenly my sensible financial plan looks like it was written by a committee of very cautious squirrels.

That is the first formation gap. Not stupidity. Not greed in some cartoonish sense. Just a human being who is tired, hopeful, and ready for a shortcut.

The pitch usually arrives dressed as freedom. Quit your job. Make passive income. Turn $500 into $5,000. The Federal Trade Commission describes investment scams in almost those terms: big returns, little risk, a “proven system,” and pressure to act before you have time to think. Its consumer guidance explains the pattern.

Notice what the scheme is really selling. It is not only an investment. It is a new identity: the person who has finally figured it out. That is why screenshots of luxury cars and exploding account balances matter. They are props in a little theater of future-you.

The Securities and Exchange Commission’s investor guidance names the warning signs plainly: guarantees, “risk-free” opportunities, urgency, unlicensed sellers, and testimonials that do too much of the persuading. Its red-flag checklist is worth keeping nearby.

But the deeper problem is formation. We are shaped by what we practice, especially when nobody is grading us. If I practice clicking first and researching later, I am forming myself into a person who mistakes urgency for opportunity. If I practice asking one calm question—“How, exactly, does this make money?”—I am building a small but useful muscle.

That question is not cynicism. It is stewardship.

FINRA’s red-flag guide recommends looking closely at guarantees, unsolicited offers, secrecy, unregistered products, complex strategies, and pushy salespeople. It also says a legitimate professional should be able to explain what the investment is, how it makes money, and what the risks are. The full checklist is a useful pause button.

Here is a tiny household examen for the next irresistible pitch:

What happened? Someone offered me an unusually easy path to unusual wealth, often with a clock attached.

What did it mean? My attention was being recruited before my judgment had a chance to show up.

What can I carry forward? A pause, a second opinion, and a written explanation of the downside. If the offer cannot survive those three things, it does not deserve my money.

The goal is not to become the uncle who distrusts every new idea. Some good opportunities are unfamiliar. The goal is to become less easily hurried. Wealth is not only what we accumulate; it is also the quality of attention we bring to a decision.

And if a stranger promises that quality of attention is unnecessary, well, that may be the most expensive dad joke of all.

The Riskiest Servant in the Bible Might Be the Hero You Forgot

Single coin buried in soil, light above
~ Rich Pascual ~ Leave a comment

I always assumed the “bad guy” in the Parable of the Talents was obvious — the servant who buried his money in the ground, out of laziness. Then I actually sat with the text again in Matthew 25:14-30, and I noticed something I’d skipped for twenty years: the master doesn’t scold him for being lazy. He scolds him for being afraid.

“I knew you were a hard man,” the servant says, basically accusing his boss of being the kind of guy who’d fire you over a bad quarter. So he did the safest thing available — he buried the money, kept it exactly intact, and handed it back penny for penny. No loss. No embarrassment. No risk.

And that’s the servant who gets called “wicked and slothful.”

Here’s the part that stopped me mid-coffee: the two servants who doubled their money took real risk to do it. First-century “trading” wasn’t a savings account — it meant loaning capital, backing ventures, betting the harvest would come in. As The Catholic Herald points out, this parable isn’t really a finance seminar in disguise. It’s a parable about fear disguised as caution.

I think about this every time I explain to my kids why we don’t keep all our savings under the mattress — and also every time I catch myself doing the spiritual version of burying a talent. Not using a gift because someone might criticize it. Not writing the song, not sending the blog post, not saying the prayer out loud, because staying safe feels responsible.

Ray Stedman’s reading of this parable puts it plainly: the sin here isn’t losing money. It’s refusing to risk anything at all in service of something bigger than yourself.

That reframes stewardship for me. I used to think good stewardship meant protecting what I’ve been given — keep it safe, don’t waste it, hand it back in one piece. Turns out the parable’s definition of good stewardship is closer to the opposite: put it to work, accept that work carries risk, and trust the One who gave it to you in the first place.

What happened: I reread a parable I thought I already understood.

What it meant: the “safe” choice in the story wasn’t safe at all — it was the only choice that produced zero fruit.

What I’m carrying forward: the next time I feel the urge to bury something — a dollar, a talent, an idea — I want to ask whether I’m being prudent, or just scared with better branding.

(And if you’re the one in your family who still keeps cash in a coffee can — I see you. I’m not judging. I’m just going to gently suggest an index fund.)