Sunday, October 19, 2008

What money and knowledge mean in our family?

This busy world has been stressful for most working parent. This world urge us to work more than other things. What matter the most is how much money we earn at the end of each month. We even have this skill of planning called budgeting. We do budgeting to cope with our expenses every month, and that's how we live our life in this world.

The early trade was much more complex than this. We call this trade as Barter System. In those early days, we exchange what ever we have to get something back. For instance, we trade one chicken with three fish or may be more than three. This barter system cause a lot of confusion for the trades; how to measure things? So their introduce money to measure and value things. But in those days, if someone steal their chicken it was not a big crime compare with someone who steal money today. Why? simply chicken can be reproduce by the farmer or by anyone who earn chicken but can we produce money by our own? Nope, we look for money.

Apart from that, in the early days, family with lots of land considered to be rich family (their land can produce agriculture products such as livestock and crops), but if you have lots of land today, you're not considered rich cause some people might come and rent your land and get more money than what you earned from the land rent. Unless, you a wise enough to manage and plan your property.Singapore is not a big country yet it is only a small island but how come their are better than Malaysia? we have vast land and area to produce agriculture products compare to Singapore. What they do? they buy our agriculture products and process it into processed food. Simply they have knowledge and idea to transform raw food into processed food.


So what matter the most your money or your knowledge? My personal opinion is knowledge. That's why people talk about intelectual property - your idea might bring you a fortune than your own property. But where can we get this knowledge? knowledge can come from different sources such as owned experience, other experience, experiments results and etc. We know geography when people discover something, we understand math when we or someone else experiment the formula (1+1=2), we learned psychology when people observed other people. Generally, we get knowledge from experience and this experience come from memory of doing things.

When we miscalculate our budget, we got broke and this is bad memory for us. It is our first lesson to do our budget precisely or to have discipline in our spending. When we decide to rent our house to someone else, we think that this action will stipulates more money for us from rent. But when that person don't pay their rent then we regret the decision. This what we call the process of learning ; the process of acquire the knowledge through experience. This knowledge that come from our own memory. The power of remembering things. Before we sit for exam we need to memorize something (the knowledge). So if we have the money and knowledge then what? then we remind ourselves, we referesh our memory. What is the best memory we remember when we try to get the money or achieve the knowledge?

So my friend, keep our knowledge close to us or precisely keep our memory fresh at all time. When we work hard for money, we will remember how hard we work to archieve some amount of money. But when we spend our time with our family and kids, we will remember good and bad memory with them. And eventhough there are bad memory with our family and kids, the good memory will always makes us smile. Simply, we can look for money when in distress but can we look for other family when our real family is gone. What left for us is our memory with them. Money come and go. family will also come and go, but when they go (die) they will never come back.

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