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Thursday, October 31, 2013

Learning at the Elders’ Feet-1


Elders are meant to be evidences of history, an indication that there is a beginning. They are reservoirs of knowledge within any society and should be people from whose wealth of experience the younger generation can tap/gain some wisdom . Any society that must go far and become continually relevant on the global platform must not take for granted the wisdom of the elders.

It is however a pity that a lot of the elders that the younger generation would have looked up to for motivation are nothing but sources of discouragement. We live in a society where integrity means nothing to people occupying leadership positions- a group of people who see the position they occupy as an opportunity to embezzle and satisfy their unending personal desires.

Although there are a few of them that one may still look up to but I would advice that it should be done with intense application of wisdom and sensitivity, as they say- the best of man is still man at his best. 

One area I have learnt a lot from during my interaction with the “elders” is financial intelligence. I was in a seminar a couple of weekends ago, where over 90% of the audience were retired. During the seminar, some of the retirees shared their experiences- how they went into business and failed owing to various reasons. 

As I sat, I took a journey into the future and came up with this conclusion which forms the part-one of this series-Learning at the Elders' Feet. If the foundation for financial freedom is not laid  early enough (at a time when the physical strength is available), a frustrated financial old age becomes inevitable except something (favorable) happens.

Financial intelligence is very key. Have a financial plan, seek financial intelligence and be committed to financial discipline then you’ll experience financial freedom. Much more have financial integrity!!

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