13th oct 2008(Money)

Money made the world goes round.To be in more detail, money made us go around the world.

That is how the silk road from china is create.

Some may say, there are people who does it for passion, like an explorer,in history, who set sail on a ship to find a new land.The captain may be doing it for passion, but not the crew member(they did it for money).And one captain cannot possibility control the whole ship.

I knew a friend who once quoted to me that "money is oxygen"

One of the thing people question about money is, does money bring happiness? It a "yes" and a "no" to this question.

No, is because we gave our time in exchange for money, and to made more money means you have to spend more time.Time spend in working, investing,planning,networking,selling,buying,stock up good,study and Etc.

And because of us spending too much time on making money.We lack of the time to spend with our family and our friends, relationship is what matter the most in life.

Yes, is because if a person doesn't have a lot money.He can't do a lot of things and the environment around him is slowly taking away his money.Things such as taxes,transport fee,food,house loan,utilities bill and getting charged for jaywalking and throwing litter.He can't enjoy the things in life.(unless he decide to take a career to be some religion holy man which also hard because he needs money to take the course,and you reader think is free?)

I think the best way is learning how to handle money. Instead of being too passion about money or too hack care about it.Material to learn such stuff can be found from bookstore and library.

It wise to also take advise from people that are rich.Who is a good friend, and you saw it with your own eye really own the wealth.both "behind the screen" and in front of every body's eyes

Taking advise from people about money is a very dangerous move, and must chose wisely who you listen to.There is a lot of reason for this

If the person is poor, he will give you advise like saving up and go gambling.Or just use up whatever you have, since tomorrow you might die anyway.

If the person is wants to cheat on you, he will advise you to invest in him and his so called "idea",since he got the ability to own a car and setting up his own company which you saw it with your own eyes but don't know what is the whole story behind those things.He got the right not to tell you the whole "idea" that he is having.

After all everything is what he says(the point is you don't even follow him 24/7), and i can even say that i had been to the moon to try moon walking.

If the person is on average side of financial state, he will just advise you on saving up and study to upgrade.which i find so far is the safest advise.

But an average person advise even though is the safest but it's not really that safe.

Do you guys heard of the term "life saving",and the most common figure you get when you saw on "life saving" is $250,000.Let's do some math.

Let say you earn 1400 dollar monthly, and you manage to save 700 dollar for a month.(wow that is half, which is of course very hard).And in a year that will be around 8400 dollar a year.Add in another three months and you got ten thousand dollar in your bank.which mean in an average of one year three month to get ten thousand dollar.

To get a sum of 250,000, it take you an average of 26 years!!

And if you are one of those who buy DBS unit trust that has been "sabotage" by lebhman brother. half or none of your "life saving" will be left.

And that is one of the many reasons why even a financial planners advice is equally dangerous.

If you got a serious chronically illness, a month in hospital is going to cost you a bomb and in two years times, the 250,000 dollar will be left with only a few thousand dollar.

So the best advice to get about money is from the rich guys, after all they are already rich.

Some rich guy will write books to teach people, and they already get the extra money from selling those books,the tactic inside the books are "hard to chews facts"

the price to pay for the advice is the money you pay for the book.sound logical?