Lessons We Don't Learn In School

There are actually 2 important aspects that the schools do not teach us. They are:

1) How we can manage our financial
2) Relationships In the Family

So here, I would like to share my opinion on both topics.

The first one, how we can manage our financial. Since schooling, we are always told by the elders that we must know how to save. But then its just in and out of the ears only cos we are only kids at that time.

Well, how many parents actually do encourage their kids to save money? When I was in primary and secondary, my pocket money for food is given daily by my parents. Basically, I will finish all the money for food. Because dad operates a sundry shop, I am never short of any thing. When I need to replenish any thing for my stationery, etc. I just take it from the shop. In short, I never know and learn about money and how hard it is to earn money.

Only when I am out in the working world only I realised how important it is to learn how to save.

Even when I am at working field, no matter how much I earned, I still find it hard to save money. Mostly I will over spend my money and thats the reason why I have terrible debts with the credit card.

Always remember, credit card is only for convenience. Never take for granted that some way some how, you will be able to pay the bank for using the credit card. Once its accumulated, the outstanding is a never ending process. I have been in nightmares all the while to pay for the credit card. And lucky thing that I only own one credit card.

When buying the house and the car, its always taken for granted that we can pay them back through installments. The banks are actually earning our money.

Its ok to buy a bigger house. Most important thing is that we should try to get as much down payment as posible so that the interest will be low.

As for cars, the smaller it is the better it will be. I really regret to buy the naza ria. Initially I thought it will be in good use for me to travel with family. But after thinking of the petrol that I have to spend the car is really a waste.

Worst of all, my monthly installments for the car and house will come to about $3500 and this did not include other expenses. This also mean that monthly I must earn more that this amount. I am really pressured by the amount that I have to pay for the installments. From time to time, I really regret to buy the naza ria and really wish that I have bought a small and simple car instead.

So, its important that we should know how to save. The money that we save, will be good when we are in need for emergency or investments.

As for the relationships, I was a failure too cos I am a divorcee. I had lots of problems with my first marriage. I find it very difficult to adapt to a new environment and new family life. As such, we quarrelled most of the time which ended in lots of family feud and divorce.

We were brought up in different family and different situation. As a man, I used to demand my wife to have the qualities of my mother. The way my mother took care of dad and the children. I failed to understand that my life partner grew up in a different family and different environment totally. So, naturally I will demand my wife to be like my mum.

Due to these mistakes, after reading books, I realised books have great influence in my life. So, in my next blog I will explain which are the important books which influence my life.