Upgrading my financial intelligence

FRIDAY, 8 DECEMBER 2017

In the late nineties Robert Kiyosaki wrote a book about financial literacy and financial independence. As is often the case, I had been years behind most other people, and only recently read Rich Dad, Poor Dad. Some thoughts about it.

I get the idea that you shouldn’t necessarily focus on trying to get “rich” – the lesson one expects from a book that teaches you about money. What you should do is to develop assets, like rental property, a stock portfolio, investment funds, and digital assets like websites.

Say your living expenses, including housing and food, and insurance policies and retirement policies and medical insurance, and travel and short trips, and so on run to $2000 per month. If income from your portfolio of assets is stable and constant without the need to perform any (or much) additional work, and it exceeds your $2000 budget, work you perform for monetary gain is optional.

This means you’ll be financially independent – even if you’re not “rich” in a way that the concept is usually understood.

SUNDAY, 10 DECEMBER 2017

I understand now that it’s not just about becoming “rich” but about improving your financial intelligence. What does it help after all if your income grows to five or ten times more than before, but your expenses also multiply by five or ten times?

TUESDAY, 26 DECEMBER 2017

14:31

I’m currently reading Secrets of the Millionaire Mind by T. Harv Eker.

Eker refers to the financial blueprint one receives from your parents as a child. If I look back over the years, it seems that I, too, accepted the blueprint I received from my parents – to a large extent from my father. I assumed that I was probably going to struggle financially, no matter how hard I worked.

So what do I do now as an adult decades later? I work hard, but on projects that are not intended to make money. I’m doing it because it makes me happy, and because I feel I can leave something of my life behind in this way.

Fair enough, one will say, but it is still the result of me who decided the blueprint I had received from my parents was simply how the world works and how it should be. Fact is, it is not.

[It can be said that much of what I have written since 1994 was me wrestling with my blueprint and the world in which I had to function. Eventually I made an uncomfortable peace with the world and continued my life as I found fit. What cannot be denied is that many of the positions I took and many of the statements I made were still the Blueprint speaking. And I so completely accepted and internalised the blueprint that I would say what I had said without blinking an eye – unaware that I was in a semi-hypnotised state.]

18:30

In the book, Thinking, Fast and Slow, the psychologist, Daniel Kahneman writes about experiments he and his team performed that proved how easily people can be manipulated – even if they are told there’s a possibility it will happen.

In How to Fail at Almost Everything and Still Win Big, Scott Adams mentions that it’s better to think of yourself as a programmable robot than a “fleshy bag full of magic”.

In Trading in the Zone, Mark Douglas explains how to overcome beliefs that are obstacles in the path to success, to tap the energy out of them, and to create new beliefs that you then activate and eventually fill with energy.

And in Secrets of the Millionaire Mind, T. Harv Eker writes how your relationship with money as an adult, and how successful you are at making money, directly result from the programming you received as a child – verbally (“Rich people are greedy,” or in my case, work hard, but if it’s “God’s will”, you’ll end up with nothing), by modelling (you saw how your parents worked hard but never had enough money), and by what he calls emotional incidents that left a big impression on you as a child (for me, 1985: mysterious powers of which I know or understand nothing take some of our stuff – including a box of my childhood toys in the garage. Apparently it’s not theft. The law is on their side. Implants the idea of THEM – lawyers, bailiffs, and other powerful characters who can crush the little people any time they want.).

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My sister’s idiot brother abroad

SATURDAY, 9 DECEMBER 2017

Our TV finally sputtered its last, so I started looking on Netflix – which we can watch on the computer – for my daily hour or so of entertainment. So it came that I rediscovered Ricky Gervais and Stephen Merchant’s production, An Idiot Abroad with Karl Pilkington as the titular idiot.

For people who never followed the show: Karl Pilkington was a producer on a radio program hosted by Gervais and Merchant, after they had achieved success with the series, The Office. Pilkington gained fame after being approached several times for his comments on the radio program. His unique views on life and his honest opinions became a popular part of the program. A few years later, Gervais and Merchant came up with the idea to make their former producer the host of a travel program. Pilkington, known for having no enthusiasm for foreign countries and international journeys, was to visit the Seven Wonders of the World, with some additional tasks and hardships thrown in for the entertainment of the two producers, and of course, for millions of TV viewers.

Every episode of The Idiot Abroad starts with Gervais and Merchant explaining to Pilkington where he would travel. They would show him a picture of the main attraction, and then wait for him to comment on his forthcoming journey with his trademark sincerity. Gervais usually explodes in hysterical laughter when Pilkington speaks, and would even repeat what Karl had said to his partner Stephen Merchant, just in case Merchant failed to understand quite how funny it was.

By the second or third episode it dawned on me that the situation seemed very familiar. My older sister regularly responds in the exact same way to some of my utterances. She will laugh hysterically and immediately translate so that her British husband, who doesn’t understand Afrikaans that well, can also share in the hilarity. Then it hit me: My sister thinks of me as her idiot brother – who just happens to live abroad.

This reminded me of the time when I went to Hong Kong for a long weekend, a few months after I had arrived in Taiwan. My sister wanted to visit some friends who had worked with her in London a year or two earlier, and she thought it would be nice if I could meet her there. We went out one day with her friends. I behaved most modestly all afternoon, and didn’t have much to say. After dinner we ended up at an outdoor restaurant for drinks. I was probably tired by this time of keeping my mouth shut and started sharing my amateur psycho-analysis of some of the other customers. Seeing that my intellect was now “on”, I also noticed that my sister was becoming restless, with a tense glance at her friends every now and then.

I realised that I was being … peculiar – as she only knew I could be but certainly hoped I would keep under wraps whilst socialising with her and her colleagues. Nevertheless, I pushed on with my analysis and predictions of how I thought the rest of the evening would work out for the various people seated at one of the tables. As I suspected, in the end I did add a little sparkle to the evening for my sister and her friends – who were probably all talked out about work and the good old days in London.

About two years after the Hong Kong episode, my sister met the man whom she would marry. During the first few visits after they settled in South Africa I must have behaved reasonably normal, for it was only during the last few visits that I became aware again that my sister apparently thinks I am most hilarious – especially when I’m not trying to be.

Oh well, I look at the bright side: At least my statements occasionally elicit a somewhat hysterical reaction, even though it’s probably due to the person being relieved that I didn’t embarrass them rather than my observations being truly entertaining.

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The desire to write comes and goes

THURSDAY, 7 DECEMBER 2017

I am busy going through 1500 pages of notes, essays, and other pieces of text in an effort to fill a few collections with material that deal with certain themes. The process has led to some interesting insights – for me anyway.

An example: In 2001, apart from other work – like a project that became an EFL resource, and a project that became a booklet with English-Chinese phrases – I wrote a lot about writing and my ambition to organise my life in such a way that I can spend most of my time on literary projects. That year gave me some of my personal favourites: “The purpose of my life”, “Exile nine”, and “To talk about God”.

Here’s the interesting part: the following year, 2002, I produced the incredibly small number of 200 words that I later considered useful enough to include in a project. Two hundred words! (I also wrote two other pieces – one about how I had more or less made my peace with the middle class, and another one about my plans for the following year, but I decided not to use those for any projects.)

So, the year after I had so much to say about how I’d like to write and how important it is for my identity and even for the purpose of my existence and the meaning of my life, I produced two short notes of barely a hundred words each.

And then came 2003, and an absolute explosion of creativity, obsessions, fears, hopes, dreams, theories, and opinions. The year produced more than sixty pieces. In September 2003 alone I wrote more than twenty pieces. The pace hardly slowed down over the next two years. Although I started failing hard in 2006 in attempts to make more money, I still produced enough material to compile a neat bundle.

But 2002? Two hundred words.

Just goes to show: Inspiration, and desire to write, like other things, come and go. And come back again.

FRIDAY, 8 DECEMBER 2017

After further investigation I discovered another 471 words I wrote in 2002 that I might work into a project. This brings the total for that year to almost 700 words.

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Point, and what makes my life worthwhile

MONDAY, 14 AUGUST 2017

The POINT of my life is to report. I live; I experience things; I think about things; I write about it. Perhaps someone else finds an insight or opinion useful.

What makes my life WORTHWHILE is to be a witness to the life of the woman I love, to be her partner, and to make her feel loved. What also makes my life WORTHWHILE is maintaining good relationships with family and friends, caring for our pets, eating good food, reading interesting things, relaxing when I’m tired, watching interesting or funny movies, travelling, or visiting places I like, and pursuing the POINT of my life.

Does my life have a PURPOSE? Look at the POINT of my life, and what makes my life WORTHWHILE.

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Some thoughts on Dietrich Bonhoeffer

FRIDAY, 28 JULY 2017

I recently read an article entitled “The Troubling Truth About Bonhoeffer’s Theology” by Richard Weikart, on the ideas and statements of the well-known German theologian Dietrich Bonhoeffer (1906-1945). The idea I got about Bonhoeffer is of someone who inherited a ton of apples from an uncle who suddenly died. Not one to waste a good inheritance, the guy thinks: “These are good apples. Woe to me if I let them go to waste. I’ll just have to get creative.”

For example, Bonhoeffer wrote in 1925 that if Biblical critics proved that the person Jesus was unhistoric in an empirical sense, it would not affect the content of God’s revelation, seeing that his truth was revealed even through fallible words as written or uttered by human instruments, like the apostles. He further wrote that it didn’t matter if specific miracles did not really take place, that people shouldn’t regard it as irrelevant, but should rather interpret it as evidence of God’s revelation.

It sounds to me like an honest man who grew up with a certain religious tradition, felt intimately attracted to this tradition, who started doubting its real truth as he grew older and learned more about the world, but decided there was no way that this rich 2000-year-old tradition that had such a huge impact on European culture and civilisation, and cultures and civilisations around the world, should be rejected just because it could be proved that God did not really say something, or that miracles did not really happen.

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Dietrich Bonhoeffer was a German pastor and theologian active from the 1920s to the early 1940s. He was an outspoken opponent of National Socialism on both moral and theological grounds. As a leading figure of the Confessing Church he was arrested in April 1943. He was detained for two years in military facilities and concentration camps. One month before the surrender of Nazi Germany, Bonhoeffer was executed in the Flossenbürg concentration camp. His ideas received renewed attention after the war and had some influence on the “God is dead” theology of the 1950s and 1960s.

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Read more: https://en.wikipedia.org/wiki/Dietrich_Bonhoeffer

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