When It Is Too Late To Plan
By George Chege
Lowell, MA
09/17/2008
Read story number 1 and 2 and you will understand where i got my inspiration for today's blog.
Story Number 1.
Hippos normally give birth to one calf at a time. Some years back, there appeared a story in the newspaper about a hippo that had given birth to 6 calves. You can imagine how much buzz this story created in my usually sleepy town.
Come Saturday and off to the zoo I went. The parking lot was full and i guessed there were two hundred or so curious families eager to kill boredom by spending an afternoon watching the hippo and its 6 calves.
As expected, i found a long queue leading to the pay booth. In front of me on the queue was an elderly man who was accompanied by his much younger wife and nine children.
When it was the old man's turn to pay at the gate, i heard the security guard ask him,"Are these kids yours? All 9 of them?"
The man proudly answered, "Yes, they are all my kids and i will pay for them to see the hippo."
The security guard replied,"In that case, you do not need to pay. Just stand here and we will bring the hippo to see you!"
Story number 2.
In a popular newspaper cartoon, there appeared a drawing of a family of 10 (husband, wife and 8 kids) crowded at the counter of a Family Planning clinic. The husband was quoted to be saying,"Here is my family. Give me the plan."
Today's discussion point.
When is the best time to prepare your wealth building plan? Is it before or after retirement? If you do not have a financial plan today, think twice. You are in danger of waiting until it is almost too late to request for one. Read story number 2 again.
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