Wednesday, 4 July 2012

Life Lessons - Part II

Topic of today's lecture is  MONEY!  Contrary to popular belief, money is not the root of all evil....the LOVE of money is the root of all evil. 

Money is a necessary evil...well, evil may be putting it a bit strongly.  In today's society it is practically impossible to live without it so you have to learn to manage it!  It's not difficult, it's sort of like training a puppy.  You just have to follow some clear, simple commands.
Earn your money:  this usually means getting a job and working for someone else.  It doesn't matter what you do for a living. All work has it's rewards and all honest work gives the worker self-respect and dignity.

Spend your money wisely: when you are an adult paying for living expenses usually takes care of the wise spending part.  But everyone has a weakness; cars, clothes, vacations.  Know the real cost of these luxuries.  How many hours did you have to work to pay for that item?  What was the cost to environment to produce it? Will  you still love it in six months, will you still have it in six months?

Invest in your future:  Money is well spent when you use it to make yourself more financially secure.  Start saving in a pension fund as soon as possible, even if it's a small amount it will be worth it.  Buy a home.  Notice, I said 'home' not 'house'.  Home is the most precious thing you will ever own and the most EXPENSIVE!   Continue your education.  It will improve your job prospects and will give you great satisfaction.  Nothing beats learning something new!  Remember, you are responsible for your future, invest in it. 

Give some money away:   Find a cause you believe in and support it.  You don't have to give a lot of money but do give some.  It's important to share your good fortune.  It's the kind thing to do, it's the generous thing to do and it is the RIGHT thing to do. 

So it's simple!  Earn your money, spend it wisely, invest in your future, and share a bit of your good fortune.  That's the Absent Auntie Guide to Money.

Check out this great origami website!

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