Page 38 - Workbook3E

Time’s Your Asset
The problem’s compounded since procrastination robs you of TIME, which is a critical asset of your successful savings plan. It’s not all your fault,
the culture of convenience
and instant gratification, says it’s not popular to sacrifice
the ‘bling, bling’ of today for financial security tomorrow. And you’ve learned the need to belong is a primary social need. But to live right—you must do right by yourself—you must act responsibly.
“Postponement: The father of failure.”—Elbert Hubbard
34 Workbook 3: Prepare for the Future
“Dost thou love life? Then do not squander Time; for that is the Stuff life is made of.”
~ Benjamin Franklin
Tempted by Modern Advertising?
You’ve already learned how relentlessly marketers work to manipulate you, and your children, toward short-term buying decisions. The multi- billion-dollar advertising industry thrives on glamorizing the “benefits” of instant gratification.
Small thinking...
Today, people seem more interested in things than in principles. The emphasis on the improved value of property instead of the pure value of land is a good example. Today’s landowners control small parcels of property with improvements of maybe a fence or garage. It’s much
different than the larger, productive land tracts typical of earlier land ownership. Such fragile improvements show our contemporary interest in things of short duration. There’s nothing wrong with small improvements, but the emphasis is on immediate fulfillment instead of enduring quality. It’s shortsighted and causes people to devalue the virtues of long-term planning.