Change your Values

designbythink 2017, Quarter 3 Newsletter 2017

Change your Values

At present less than 1% of the world’s population is financially independent.


The majority of people don’t place a high value on wealth building. Instead, they place a high value on immediate gratification, which leads to buying items that depreciate in value. To most people it is important to be seen to be living the high life, even if it is all on credit.

The National Credit Act was supposed to help you avoid getting over your head in debt. But it is all too easy to open an account and shop up a storm.

Often you grow bored of the items long before you are rid of the debt!

It takes a little effort to become part of the 1% who are financially independent – and this does not mean having vast wealth and being one of the super-rich.

The 1% is largely made up of people like you who have control over their money.

Unless there is a shift in your values, don’t expect to get ahead financially. Einstein said that doing the same thing over and over and expecting a different outcome is the definition of insanity!

You have to be the one who takes responsibility for your money and your wealth status.

According to the World Bank, South Africans are the world’s biggest borrowers, as 86% of South Africans are in debt.

According to IMB Financial Services, South Africans are drowning in debt and it is only getting worse, with 120% growth in debt between 2013 and 2015.

Before we can focus on savings, we first need to get out of debt.

It isn’t as hard as it seems – it just takes one step at a time and determination to manage your money better.