In class the other day, our lecturer told us about a conversation he had with a colleague about children, and in particular how expensive it is to raise children in today’s world. He run through some numbers, including pampers and milk for the newborn, nursery school and transport to drop and pick child from school, primary and secondary education and came to the conclusion that we should plan ahead, and have at least $50,000 in investments by the time one decides to get married. From the comments and murmurs, I gathered that most of my classmates thought that was a lot of money, and that they were still young (about 20 years old) after all, so they still have time to worry about money and marriage and kids later.
For some reason the conversation was on my mind the rest of the day, and I realized there was an important life lesson for to learn. The truth is, we are not that young any more, and we don’t have as much time as we may think we have. The thing with life is that it is a marathon, not a sprint, meaning that you can not just wake up one day and become financially stable. It takes time to map out a strategy, and take action, one step at a time. And what we do today contributes to our tomorrow. For example, you cannot attain a University degree in a