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financial advice: how to invest your money.

I’m three months shy of turning 21 years old for the seventh time and I’d like to think that I’ve had a blessed life. Of course, I could always be happier but I’ve arrived at a stage of my life where I’ve never been so contented with my current material well-being.

I have a healthy variety of shirts, pants and shoes to choose from, a good collection of watches, a decent guitar, camera and laptop, a branded wallet and a smartphone. Two years ago, I remember counting my collection of 20+ Threadless t-shirts and 10+ Crumpler products. My room is hooked up with a 27″ LCD TV and a 5.1 surround-sound system. Bottom line is, there’s nothing I need, really, and I’m thankful to have (almost) everything that I’ve always wanted to purchase. I’ve done my fair share of possessions-accumulation during my days of earning a higher income.

But, so what? All these thing amounts to nothing at the end of the day for I will take none of these with me when I exit this earth; they will be useless and worthless eventually.

Of course I still have material desires – I’ve been eyeing this and this for some time now and each time I walk past an optical shop, I’d always check if that pair of sunnies is in stock and if there’s a promotion, and without fail, I’d politely say to the disappointed sales representative, “Okay thanks, maybe I’ll get it next time”, and walk away. Would I ever buy it? I think the question I ask myself these days is, “Is that good stewardship of money?” I’d be honest to admit that I’m still tempted by some items but I also deliberately desensitise myself from accumulating things.

I like what RS, the founder of this website, stated about conscious spending, for there’s truth and logic in his philosophy, even if it’s of a secular mentality:

“Spend extravagantly on what you love and cut costs mercilessly on what you don’t.”

Having a reduced income over the last nine months have certainly helped me to be more decisive and cruel in differentiating my needs and wants. At the same time, it has also helped to shape my “investment portfolio”. While I’m a prudent spender and a happy saver, I don’t think I’m qualified to give real financial advice – I mean, did you really think I was going to teach you how to invest your money on my blog? Come on! (:

But I’d like to share with you how I have been investing my money and why I’ve chosen to do it this way. Perhaps this could encourage or challenge you to revisit your spending habits and investment inclinations. I’m not sure if these items have eternal worth, but I’m confident that they have a life-long value. So, please allow me to share the three things I delightfully invest money in:

  1. People. I used to be stingy in treating people to meals. But over the years, I’ve learnt to be progressively generous, simply because people have been exceedingly generous with me. Nowadays, I’m always quite happy to foot the bill, especially if I am fellowshipping with a young person who has lesser resources. When people buy me meals, they indirectly tell me that I’m worth their time and money. And so, I pay (pun!) it forward – I hope my young people will feel the same way too – that they are worth my time and money. (Pun!) I’m putting my money where my mouth is. (I can also instantly detect those who are out to exploit this…)
  2. Knowledge. The older I get, the more I spend on books, seminars, conferences and audio CDs and DVDs. In fact, I just took advantage of the Desiring God July DVD sale and invested good money in some DVDs which I will be sharing with my cell. As for gifts, I also find myself buying books because I think that there’s nothing better than to give my friends the gift of knowledge. Besides, this is one investment that can be passed around, shared and revisited.
  3. Perspective. Lastly, I always enjoy expanding my horizon of perspectives and there’s no better way to do that than to visit new places and to do new things. I try to go on a couple of vacations every year and I always try to visit new destinations. I enjoy investing into my worldview (and sabbath too!). I get a kick from meeting new people, learning new languages, visiting new places, immersing in new cultures, tasting new cuisines and enjoying new experiences. And as a budding preacher, I believe that all these new perspectives will empower and enhance my ambitions to be a more dynamic and balanced communicator.

People, knowledge and perspectives are indefinitely more valuable than material possessions and I’d gladly invest extravagantly on them. Apart from these three items (at this point in my life), the rest of my money is really spent for function’s sake, like functional eating and functional travelling. My question then, to you, is:

What do you invest your money in?

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top ten signs of insecurity.

If there was any weakness that was almost synonymous with any young person, it would be insecurity. Following close would be identity crisis, which incidentally is birthed from insecurity. Growing up with a Sanguine personality, I am able to identify with youths (and adults alike) who struggle with this problem. I can offer little solution except my own – I found my security in God, who doesn’t just doesn’t change (get it?), but is also constant. This helps me to trust in Him, knowing that at the end of the day, He alone makes me whole and He alone is completely in control of what’s going on, even when things feel as though it will come crumbling down. I can’t speak for every insecure person, but these were some of the things I did when I was younger, as a defence mechanism against the ugliness and unpleasantness of insecurity. Maybe it’d strike a chord with you?

1. I ranked friends and always moved their positions based on how they treated me.

2. I rushed in and out of relationships for I was afraid of being single and lonely.

3. I took great pains to look good and spent lots of time enhancing my appearance.

4. I spent lots of money on material items to stay “ahead” of the crowd – to be first.

5. I did and said things to attract attention because I wanted to be in the limelight.

6. I picked on and poked fun at people who were weaker and slower than I was.

7. I manipulated people’s feelings to make myself feel good and better than others.

8. I hid behind an ego and always needed to prove to others how good I was.

9. I was extremely possessive of my friends and my status in their lives.

10. I was afraid to tell others my flaws so they won’t change their impression of me.

11. I gave in willing and compromised to make people happy so that I’d be accepted.

12. I hid behind humour and found great comfort in being the funny and witty guy.

13. I could never ever deal with awkward silences in conversations, so I talk non-stop.

14. I hated it when people scorned or slammed my ideas – I couldn’t handle rejection.

15. I was always on the defensive (and offensive) whenever people questioned me.

16. I was bossy and always needed to be in control of every situation, regardless.

17. I thrived on people’s approval (of me, or the things I did) and sought mainly that.

18. I hated losing and constantly needed to be in pole position in any competition.

19. I criticised others when they criticised me even when they were faultless.

20. I emotionally blackmailed those whom I loved so I could control them.

I know this is supposed to be a top ten list but listing all these things came so naturally I had to double the quota. I may be in my mid-twenties already and I may be a church leader, but I’m still a wretched human being with an abundance of weaknesses. I’d be the first to raise my hand and to admit that I’m still struggling (and may continue to struggle with it all my life!) with some of these symptoms. However, the older I get, the more battles I win against insecurity, the more I am convinced that the grace of God is the only solution for this perennial problem. Next week, I will post the top ten recommended scriptures one could commit to memory and use to counter insecurity. It is my prayer that we break this bondage in our lives in the victory that comes with Jesus Christ!

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