Sunday, February 21, 2010

Lessons from the Chinese New Year visit

This week we celebrated Chinese New Year and one of the key event is to visit our relatives.  Of the visits, we had the opportunity to meet both a rich relative and a 'former' rich relative.

The rich relative had a good landed property, nice continenal car and several other properties with good rental yield.  We had a good chat about cars, personal finance, generation of income.  This relative is humble and manages his money well.

The 'former' rich relative used to stay in a landed property, had a good car and holds several other business.  Unfortunately, we did have a opportunity to talk.

This visits caused my wife and me to discussed of money management and some of the key observation we made were :

1.  We should be good stewards of the money/gifts/talents entrusted to us.  We should strive to use them well to multiply.

2.  While it's good to have faith, we should also be wise in how we spend.  We may have them all now, it maybe taken away earlier than we wanted.  In any case, we won't be able to bring it along in death.


Blessed day and Happy Chinese New Year !

Related articles:

1. Managing money based on the oldest best selling manual
2. The Master and the steward

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