An ancient text says: “Therefore, do not spend money on what has no value, nor your work on what cannot satisfy.” Can’t find your way out in these complex times? These ideas will help you sanitize …
When I finished my degree, many of the people who are reading me were not born yet. I remember that in the final class I wanted to be the last to leave, I turned off the light and closed the door. That was something that seemed symbolic to me: I was sure that I would never set foot in a classroom again. In those wonderful years it was like this: you finished your degree and you were ready for life; he got a job, spent his whole life in it, retired and lived his old age in peace. Everything was orderly, planned, controlled and predictable.
Capitalism then ran out. Companies had no way of continuing to sell their products in their own country, and a new economic order was born: the daughter of capitalism, more voracious, more ruthless. We call it globalization and for families, among other things, it implies that to survive now we no longer compete with the company from the neighboring city, which is not so different from us, but with Koreans, Taiwanese, Japanese, French, etc.: with nations who knows how they make it, but they make things better and cheaper. As of 2009 the western world has not found the way out. Before, our grandparents could say: “You should do what I do; in my time… ”We can’t do it; We cannot advise our children on how to live in these times, because we do not know how to do it: circumstances change all the time, too quickly.
This is very important: although we cannot teach our children to face reality as we did before, we can instill in them certain economic principles, which are eternal, unalterable truths that apply to any situation, however changing the 21st century may be. . According to Canadian banker Nathan Eldon Tanner, these five principles are as follows:
First of all, fulfill your obligations to God
In different religious denominations, families are expected to give tithes, offerings, contributions or alms. These donations go by many names, but the truth is that, as Organizational Conduct Doctor David A. Bednar recently said, when we meet the Lord financially, “we often receive significant but subtle blessings that are not always what we expect. , and that can easily be overlooked ”. We do not receive an increase in salary, there is no extra income, but in return we receive “greater discernment that will help us identify job opportunities that other people might overlook, or the blessing of a greater personal resolution to seek a position with greater intensity and for longer than other people would be able or willing to. We may want and hope for a job offer, but perhaps the blessing we receive through the heavenly windows is a greater ability to act and change our circumstances, rather than waiting for someone or something to change them. “
Spend less than you earn
An old saying goes, “If a man earns ten pesos, and spends eleven pesos, that man is miserable. If a man earns ten pesos and spends ten pesos, that man is and will always be poor. But if a man earns ten pesos and spends nine, by force that man will become rich ”. Save. No matter how little you have, save: this will be the mattress that will prevent unforeseen crises from hitting you very hard and, as a suggestion, save not only money: also store food and clothing. Yes, don’t be a slave to fashion.
Learn to distinguish between needs and whims
I may be wrong, but I have the strong impression that one of the things that made the United States a great power was that its inhabitants lived frugally and industrially. If a family learns to live like this, ignoring the constant consumerist bombardment of the media and society, it will undoubtedly have healthier finances and will live happily. Try vehemently to be independent in your finances. One of the things that have caused the crisis of 2009, which has lasted until the present, is living for self-gratification and consumerism, which brings us to the following point:
Organize a budget, and live within your limits
In our society we have learned to frown upon that word, “limits.” We feel that limits steal our freedom, they corner us, they make us lose our agency. Quite the contrary: whether we want it or not, we all have limits on how much we can spend. Whoever does not, begins to incur debt. Then you usually incur more debt to pay off those debts. With this, he begins a career that will make his life a real nightmare. On the other hand, those who know how to manage their resources, plan and then self-discipline to reach those limits, will necessarily obtain the desired gift of self-reliance.
Be honest in all financial matters
A friend tells his teenage son that the first law of losers is “No one will know. And the second, “There will be no consequences.” Heard in his voice is a hilarious joke, but it is also an undeniable law: he who is not honest in all his financial affairs, will dedicate a good part of his future to running, just to avoid being crushed by the consequences of his bad decisions .
Of course, there are other principles: every child should learn to work, to take care of his own things, to collaborate in housework, to keep the house clean and tidy, to have a piggy bank so that he can buy something, but those five principles are the essentials. If we learn as a family, and if we teach our children to live with these principles that, I repeat, as such are unchangeable and eternal, we will become impervious to many of the habits of our society, to the economic circumstances that surround us and we will live with the satisfaction of controlling our economic situation. Tell me please, what do you think about it?