Every once in a while someone makes a statement so profound that it stays with you for months, years even decades. What do you think will happen if you had the opportunity to watch that person live out that same statement in real life?
My father said to me over twenty-five years ago (i cannot remember what we were discussing then) “Invest your time before you invest your money“. It may sound simple but this saying has helped me so much in my adult life that i have taken it as my own.
Yesterday afternoon, after a long well-lived life, my father moved on into glory. He has been retired for many years and his investments, which he built up during his working years, were more than enough to enable him have a very good retirement until his death.
From my childhood i had realised that my father hated debt and anything that looked like it. Don’t talk to him about borrowing anything, even shoes, from a friend – no matter how friendly you are with that person. I didn’t understand why until i began working and wanted to have anything and everything my heart desired – without having the funds to get them. That is like wanting to ‘run’ before you can even ‘stand up straight’.
Now that i am a Money Management Coach, i use the same same wisdom that my father passed down to me to live life financially and it is working.
I encourage my clients to make sure they have a Will (Last Will and Testament) so that whatever they leave for their dependants can, at least, be distributed according to their own wishes and not that of a Judge somewhere. Apart from and more important than the inheritance you are passing on is the legacy which is something impacted into the lives of others often from ancestor or predecessor.
“An inheritance is what you leave FOR someone; a legacy is what you leave IN someone” – Don Patterson
I can say my sensitivity to good money management came from my father as a legacy to me. It is now up to me to pass whatever i think our children will use for years to come on to them. My father has done well with me. May his soul in peace.
Pa P.I. Adeoshun
If you haven’t guessed already this post is my tribute to my father – Peter Ijaola Adeoshun and other fathers out there who are leaving great legacies through which their children and those they came in contact with can become better.
Niyi Adeoshun
Money Management Coach
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