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Finances, Why Bother?
Young Investors NEW! Course Description and Details Coming soon to a monitor near you How 79c became 1 million plus in 40 weeks!
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The most important thing is not to stop questioning. Never lose a holy curiosity. These are the words of perhaps the greatest mind of our times - Albert EinsteinHopefully this site will make you curious - get you to ask yourself: What if...? How does curiosity relate to change for the better? It is the first step, curiosity makes you look around just a bit further than you normally would. This is when you discover possibilities or potential - your potential. At this point you reach a mental watershed - either lose interest and roll back to your previous state or option, or you get a desire to find out more and exploit the other possibility or potential. It is like moving up a hill to the top and either leaving the previous slope and going back the way you came or going down the new slope of possibility and opportunity. The above sums up the site mission - to stimulate your curiosity and get You to ask "What if...?" and seek ways to improve your financial situation. Who is it for?
You will notice that this site and the course offered promotes continuous and never ending improvement so it too will change and has to or else it will not practice what it preaches. (This idea of continuous improvement is called Kaizen - of Japanese origin) About this site - Find out....
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Oliver Wendell Holmes
Why this site - What-if ?How has mankind, and of course womankind, progressed from cavemen to astronaut? (or housewife with a state of the art kitchen). It is through asking questions and finding new ways of doing things - in short advancement. Reread the opening quote by Albert Einstein.The most important thing is not to stop questioning. Never lose a holy curiosity. So we hope to activate your curiosity about the way you do financial stuff. The main focus is on questioning your methods with money and your "money manners" and stimulating curiosity that can then lead to improving the way you handle this form of energy.Who is this site for? It is designed for young people teenagers and twenties*. By asking the right questions and doing the right things your financial future can be FUN.*Note - Just because you are older than teen or twenties does not mean you are doing things right and you may consider finding out more about this site. Time and Money.A seed sprouts in the ground, 30 years pass and now it is a big tree, another 10 or twenty years later it's huge. Time can grow a small amount of money into a very large amount so long as this little seed of money is in good soil that gets enough water. Fertilizer can really speed things up too. The key is to get it going early and be know what options are available to you.Example: R 10 000 invested in the American stock market 50 years ago may be worth 5 - 50 million today.Do the right things with your money
 Doing the right things with your money is another very important issue. You plant are planting what you believe to be a an acorn to grow a great oak tree, but little do you know it is a sunflower seed. A few months later the sunflower dies and that's the end of that plant.Often little or no financial guidance is given and many times the wrong guidance is offered and financial sunflowers grow instead of great oak trees. The outcome, or final results you get, depend on something that happens, and how you respond to what happens. Example: You are give 10 000 rand - this is the event of the something that happens. What will you do with it? Ask yourself that question: "What will I do with R10 000 just given to me?" The actions you take with the R10 000 will determine the result or outcome.Option 1: It was "easy come, easy go" money - you got the R10 000 for free so why not blow it - parties, movies, expensive resturants, and a boat cruise as well as gambling R3000 at the casino (losing it all). Two weeks later you can say: "I had a good time!" This is your dead sunflower. It grew. bloomed, was real good for a short while and then it died.Option 2 Let's say you had a dream of running a wedding and event recording business. You use the R10 000 to buy a computer and a video camera and use these to follow that dream of the recording business. A year or two down the line your R10 000 has made you R100 000 - ten times what you started with. Your end result is that the acorn is now a growing young oak tree, you can sit in its shade and even build a tree house and have swing off one of the branches.Option 3 You spent it on getting your first investment - you bought R3000 worth of shares in three different companies, and spent the remaining R1000 on holiday fun. You forgot about the shares and four years later after finishing your degree you had R45 000 to pay off on your student loan, or buy your own second hand car, or as a deposit on your first house. You have had that money work for you and it grew into something like an oak tree that got bigger and stronger with time.It's how you respond to the event that determines the final result or outcome. It obviously applies to other situations too. Example: A policeman pulls your friend over and asks why she was speeding.First response: Your friend says she was not speeding and shouts at the cop and insults his equipment saying it's wrong then tells the cop his profession is idiotic etc. etc. She leaves with a R300 fine and fuming at the cop, she throws the fine out the window as she leaves to further insult the cop. She forgets about the fine and after some time finds herself having to spend a full day in court and still pay the R300 on top of it.Second response: Your friend says she was not aware that she was speeding and tells the cop that he is probably right and should give her a fine because she (your friend) is in the wrong. The cop smiles and writes a warning instead of a fine.Money too, can be the cop that fines you or the one makes your day - it's your choice. Your response to the event is what determines the final result or outcome. The big things you do in your life will depend on the little things you do - the little things you do often. Those little things you often do are called habits.Many young people tend to put off sorting out their finances now as they have their whole life ahead of them to do it. What often happens is this "sorting out" process is delayed and eventually at the age of thirty or forty people "wake up" but by then they have missed out on the great power of time to build a FUN financial future.What if you started now? Kaizen Power and You
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Last Edited
2007/10/04
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