The lifestyle of a financially illiterate employee.

The lifestyle of a financially illiterate employee.
Buys a car on credit he pays R4000-R5000
Goes out every weekend to celebrate life.
Buys groceries and sends some money home.
They earn from R15000-R30000.00
Buys a phone on credit.
Buys clothes on credit.
Uses a credit card for bad debts like partying..
Doesn't listen to other people's opinions on how to use his money because he believes his worked hard for it and doesn't need people..

He dates different women because majority of women are easley attracted to material things and success.

He gets married using credit.
He stays in a flat with his family because by the time they decide to get married they have already spoiled thier credit records so majority don't qualify for bonds.

At the ages of 35-50 the Financially illeterate employee is grown up his got children to look after and his got to pay off all these debts he created over the past 15 year's..
Life becomes harder as they grow up.
You find that they have not saved any fund's for thier children's education..
Wen the Children grow up they struggle to take them to varsity..
But they have had 10 year's to plan for thier next 20 year's..

A financially illeterate employee lives for now and forgets about the future.He has the fear of dying and living his money behind and not enjoying life..

Steve Jobs is dead but he makes more money that 95% of the people who are alive today because he was brave enough to sacrifice the majority of his lifetime to build something that will feed generations and generation's.
Look at ITunes look at IPhone look at MacBook..

Why not use for first few years of your career to plan for Your future,create multiple income streams and build a legacy for your children and then start celebrating later on wen you know you have invested enough for your kids education you have bought a property and you have made other investments with your salary..

Why are people afraid of investing for the future?

bluerichesmining #Breakingfree #Sakhile