7. A new concept to become rich through financial management - lend time of investment to your children.
7. 理財致富的新觀念 ---- 借投資的時間給孩子
導向成功的金玉良言 --- 成功秘碼28 條
The concept of “Lend time to your children” is very important。 It can help your kids to shed poverty and become rich.
* The concept of “Lend time to your children”. This contribution is very important to help your kids to shed poverty and become rich.
* The judgment for real estate investment doesn’t emphasize on the quantity, but on the length of time. That means how long your ownership will last.
* If we had known how to borrow time from our parents and grandparents when we were kids, we should be very rich now.
“Study hard and work hard” has been the road to success as a universal truth. But now we have to reconsider this controversial question: “How much can this road help you create your personal fortune?”
* The short cut of a successful investment is like traveling by plane. It will take you directly to your destination, because you cannot afford to waste your time for financial management.
「成功投資的捷徑 像是「坐飛機」 一樣，載你直接到達目的地，因為你沒有多餘的理財時間可以去浪費。」
* To accumulate the wealth of real estate depends on time. The earlier you make the investment, the bigger profits you will make.
* The traditional concept tells us that people can earn money with knowledge and special talent. Although no one can deny the concept, yet it is not perfect enough.
* As a boss it doesn’t matter which class you belong. If you can hire the first class employees to work for you, your company will certainly have rich money resources.
* It is good for you to be smart in learning knowledge. But it is much better for you if you know how to run a factory or a company and hire the best employees to work for you. The reason is quite simple. With your knowledge you can only earn a single payment of salary, while a boss can earn many more times of salaries.
* Imagine how the parents designed the ways and means to make money for their children in old times. Isn’t it like riding in a train? When the children began to understand the importance of investment, they were already in their fifties or sixties. Alas, it’s too late!
* To be capable in managing finance is more important than capable in making money. There is another saying similar to this one. To be a good boss is more important than to be a smart scholar. So, the conclusion is specializing in real estate investment is more important than doing anything else.
* The increase of the real estate value needs time to nourish. The length of time will determine its value.
* We must cherish our investment time because time waits for no one. We can’t afford to waste any single day.
* Money cannot buy time back, but you can use time to exchange for money. If you don’t have enough time for investment, you may borrow time from yourself or from your parents as well.
* Real estate investment does not depend on quantity, but on the time of your ownership.
* Holding real estate means to hold your future ; holding real estate means to hold your money resources.
* If the parents are unable to manage their money, their children will live a poor life. On the contrary, if the parents know how to manage their money, their children will not be so poor. Moreover, if the parents understand the importance of lending time to their children, your children will not be poor any more.
* It is the responsibility of parents to give good education to their children, and also teach them money management. It will be more important if the parents can lend time to their children, and the children can lend time to their children. That will be a perfect dream.
* Some day when you tell your son, ” I have no money”, you might find the reason why you are so poor. It is because your ancestors did not lend their time to you.
* “ Credit-card debtors or squanderers” will say sorry to their parents and also to their children one day, because they have wasted their parents’ time, their children’s time and their own time. So, credit-card debtors must stop their “debt for debt” follies and halt banking overdraws. Hurry up now! Make a “U” turn to reach the safety shore.
* Don’t borrow time from your children. But you can lend time of investment to them.
* It is more important for the parents to teach their children how to manage finance than how to obtain a doctoral degree.
* It is parent’s duty to teach their children financial management, so that they will be the winners at the starting point of any competitions.
* It is more useful to teach your children how to manage their money than leave them part of your properties. And it is more effective to lend them part of your time than to teach your children money management.
* You are setting up a very good role model when you lend part of your time to your children. At least, you do understand the importance of investment and financial management and are putting into practice. This will be a great help to your children to get rid of poverty and become rich.
「借一份時間給孩子」這就是一個很好的 ( 示範 ) 身教，至少這表示父母已經懂得了投資理財的道理，並且真的在施行中，這對幫助孩子「致富、離貧」有很大的幫助。
* If you can manage your finance in the way like traveling by plane, you will save your time. If you can lend your time to your children, they will save their time in managing their finance. If you combine these two ways, you will save a lot of your descendants’ time in managing their finance. When it passes on from generation to generation, all of your descendants will have prosperous businesses and enjoy wealthy and healthy lives.
* Finally, you have completed your mission by handing down your good fortune to your offspring. This is exactly what “Lend your time to your children” means.