Friday, 8 July 2016
Consumerism is NOT the Problem. Over and Under Consume is the Issue!!!
Over consume than our earning; it is not sustainable over long run and then we will not have enough to retire.
Under consume?
"When we are in heaven, our money will still be in the bank."
"We don't seem to have enough money to spend; but, when we are gone; there's still lots of money not spent.
Our money can never disappear when we are gone; someone else will get their hands on our own money and happily spend it!
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I don't mind letting my children spend it as long as I did not compromise my retirement
ReplyDeleteI don't mind letting my children spend it as long as I did not compromise my retirement
ReplyDeleteWe will have no issue with our children and beloved ones spending our money but not sure "we" are happy with strangers becoming close friends spending it.
DeleteIf your children is not financially educated, they may soon get acquainted with lots of strangers who will be eyeing their parents' money left behind!
ReplyDeleteSo leaving down education perhaps can be more important than leaving down wealth!
Had a friend of more than 20 years who is towkay kia, he is humble and low profile often his employee looks more like a boss than him.
Recently, he told me that although he is not aggressive in growing the dad's business due to his own personality, he was since young taught to be humble and staying low profile by his dad. This means while he is unable to grow his dad wealth, at least, he knows how to sustain and protect the wealth, more importantly passed down all the right values to his next generation! That is more impt!
:-)
Yes agree... 上梁不正下梁歪!
ReplyDelete已身做则 is very impt! More impt than education itself.