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Showing posts with the label frugality

GENERATION NEXT!

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Which generation do you belong to? What’s peculiar about your generation?   With the trends of your generation, how much can you vouch for a better next generation? How passionate are you about giving your kids a world worth living in? What efforts are you making in ensuring the next generation celebrate memories of your lifetime? These are the questions that run through my mind from time to time, and I think you also need to consider them as important if you see life from the perspective of Making A Difference. Welcome to a technology age where the speed of communication has been geometrically improved, while deepened the gap of genuine human interaction with real feelings. Welcome to an age where kids are succinctly educated about the historic significance of memorial dates, without being taught the priority of forgiveness beyond painful past. An age where immorality is being justified with an excuse of self-actualization, body autonomy, and liberalis...

Virtue Series 5: FRUGALITY IN LEADERSHIP

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After 6months Mr. Peterson always changes the company cars. He thinks making a profit of over $6million after tax deductions in 6months, and having a stable business finance, is big enough to buy every other thing he needs and live a bit more flamboyant. Funny enough, he sells this car to some companies that uses it for a minimum of 1year and six months without having any need for a change. They save some cash by buying it cheaper, and using it longer. Who is wiser? It’s fun when business grows great enough that you experience a constant boom that enhances your financial stability. But, where lies the wisdom in spending the profits on trivial things forgetting there is such a thing as economic depression? Lack of frugality in business financial management has made many start-ups to plummet and eventually get into extinction. There is always a new tech-gadget and a new equipment in the market. But do you really NEED it? There are new and more sophisticated techniques of get...