Thursday, January 13, 2011

Financial Intelligence

Stigting in FinansiĆ«le Intelligensie Sentrum
 Natuurlik, die meeste, indien nie almal van ons wil en begeerte naiets beter. Dit is alles deel van ons as ons
wil 'n groter motor,'n beter huis, koop goeie dinge vir die gesin. Onshou hoop vir
meer, maar, ten einde te kry wat jy nie het nie, jy het iets wat jy hoef te doen
nooit voorheen gedoen.
Dit beteken eenvoudig:


Doing the same thing over and over again YET expecting different results! 
As an employee, you can’t stay at the same job forever and hope that a miracle will
happen and your boss will suddenly give you a raise. You will be lucky that there is no
downsizing in your company. Switching to another company will only provide a short
term solution to a long term problem.

Sure, you can take up a second or even third job, but do you have enough hours and
stamina in a day to sustain it?

The bottom-line: Trading time for money isn’t wise financial sense in the long term. You
keep on increasing the hours just to win the rat race, but in the end of the day, you are
still a rat on the mill!
Increasing your wages only puts you in a higher tax bracket. Your salaries increase but
so does your expenses on your house and car. How will you invest in yourself when all
the time you spend working for a company, working for the government paying taxes
and working for the bank paying off your house and car? What if you fall sick and can’t
work tomorrow? Will the government take care of your family?

I highly doubt so.
So isn’t it time you take your finances a tad more seriously?


What Is Money? 
You see, there are many ideas of what people think money is.

Some say it is a form of measurement.
Yes, but a measurement of what? Wealth? In the olden days, people measured wealth
by how many cows, sheep and horses they had. But do people measure wealth today by
your cows and horses? How about slaves? Was there a time where manpower is
considered a hot commodity? Are slaves worth anything today? Are your dollar bills
sitting in the bank going to protect you if a recession strikes the country? No, wealth can
not be measured by the dollar bill.

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