Father Sez

This week has been a hectic one. The design of the blog has been changed and now shifted to our new site. Hope you like the new design.

For news from elsewhere in the blogosphere:- 

The Carnival of Personal Finance was hosted by the Financial Blogger.  Tastefully interspersing cool pictures of Prison Break, the FB did a great job hosting. Pop over and see for yourself. The Carnival offers a great opportunity to get a great variety of useful articles all at one place. 

Two particular posts that struck a chord with me were : -        

The Digerati Life’s thought provoking “What price are we paying to have it all”. SVB makes the statement that she does not believe that we can have a life that just constantly expands to accommodate anything that we bring into it. 

I agree with her completely. There are only 24 hours in a day.As more and more responsibilities are piled into these 24 hours, something has to give. And when we explore this honestly, we’ll find that we end up giving up the really important things…like exercise, time with the kids, time alone etc. What we take on and what we give up have to carefully balanced.  

The Honest Dollar’s equally thought provoking post, the Parent Trap on the saga of adult children still expecting and getting financial assistance from their parents.  She has laid down in plain words a really telling statement 

“What About Paying Yourself First?

I don’t have kids, so I suppose I can’t yet fully understand the lengths to which parents will go to help their children succeed.  But I buy the conventional logic that a child can get loans for school, for a car, for a house - a parent cannot get a loan for retirement.”

Sound advice indeed for both the parents and the adult children. I hope this situation does not arise in our family.

From the other blogs that I follow: 

Millionaire Mommy in the Making is mulling over making her first investment property purchase. The +’s of property investment are many, and so are the –‘s. It will be good to get ourselves well and truly educated before we launch. At least we should be able to mitigate the mistakes.   

Money Myths reminds us that we should be in control of our money, not the other way around. I agree completely with this statement, as money just like fire can be a great servant, but a terrible master.  

The Simple Dollar reminds us that we should invest in ourselves and one of his best ever investment in time and money was to exercise. He also gives some tips to those of us who have yet to start. 

The Frugal Duchess had once of those “work” or “family” decisions to make. And she planned well to make the right decision, without compromising her work commitments. All of us working parents go through this dilemma frequently. Let’s hope that all of us make the right choices all the time.  

I got introduced to a great Malaysian blog, Saif Improvement, through a link from my friend Azrina.

Thanks a lot, Rina. 

Saiful has a really vibrant and cool blog with very useful and motivational articles. Do check him out.  

In line with her moniker Dollar Frugal, Brooke’s frugality clearly covers only the Dollars. In terms of sharing of knowledge and helping others, she overflows with generosity. I asked and she freely emailed me a copy of her insanely massive blogroll, which I am using to add further to my blogroll. Am still working on it. 

Thanks again, Brooke.  

That’s it for this week. Have a great and productive week ahead.