"Yeah, saving money is important. Saving too much and not using it is useless. And what's the point in saving money anyway?" My father said a few weeks ago. I was suddenly dumbstruck by the statement then.
I knew I'd read about financial topics before, especially Rich Kid Smart Kid. But I felt a big apple caught in my throat. I should have had tell him off instead. I believe that the above statement would only comes out from a low financial IQ person. A person without financial planning and goals in life. Plus, it's my father's low financial IQ that has ended him up like the way he is today.
When my parents was young, neither had any financial knowledge and life goals as big vacations, or early retirement plan. Early retirement plan was something nonexistent. So what had and has been on their minds is simply "Ok, we're going to raise the kids up, pay their university, get them decent jobs so that they can feed us when we aren't longer spring chickens".
So, here they are, lounging at home, become couch potatoes instead, without any retirement funds and any life insurances. Just get "paid" by us the working adults, and that is only for the daily expenses. Nothing more, nothing less.
I wonder somehow, if they ever thought about it up to this point? Sure, they really want to get indulge in a faraway vacations and see the world and now that they don't have that kind of money - the "saved" money, which supposedly they should had put away during their young ages. But saving is also means planning for the retirement, not "saving is pointless".
I just feel more to them each day, feeling the time passes by, and their time slipping away. I wish that they had that kind of knowledge when they were young. By now, I might just happy and content knowing that they are somewhere, again in another part of the globe, watching the grass which is greener, the sun is warmer, and the winter is colder. (well, we don't have four seasons in Malaysia, do we?)
