Money Management Talk by Francis Kong
Last week, I attended a Money Management Talk by one of the most sought-after motivational speakers in Asia — Mr. Francis Kong. The talk was conducted in a prestigious hotel in Bonifacio Global City and was attended by over a hundred participants.
Here were the highlights of his talk (as how I understood them).
Money is central.
In a good-humored way, he said that “Someone who says that money is not important doesn’t have money.”
Money is the most talked about issue. The Bible has about 2.000 references on money and possessions.
Money is one of the most pressing issues that concern married couples.
Money is an idea.
Money represents a means of exchange.
Money is moral-neutral.
Money is neither good nor bad. What makes it good or bad depends on how you use it.
Francis Kong emphasized the importance of financial literacy and having the right perspective.
Disposable Income vs. Savings Income
Instead of describing your income as Disposable Income, Savings Income would be a better term so you would be encouraged to save a certain amount of money rather than spend everything.
He also emphasized the importance of saving and investing for the future by checking on the available savings, investments, and insurance options so that in the future,
rather than saying “I wish I had“,
you would say “I wish I did.”
My notes from the Money Management Talk were a far cry from the actual talk. Nevertheless, I wish this post is useful to you.
When you hear the word “money“, what comes to mind? Please share in the comments.
Have a happy weekend! 🙂
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***Sha Nacino
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Text by Sha Nacino. Copyright © 2012 All rights reserved.
Featured Photo grabbed from Francis Kong’s Facebook Profile Picture
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