Real Estate Investor Magazine South Africa April 2018 - 100th Issue! | Page 66

RESOURCES Reading List Even the most successful investor needs some help every now and then. Below, we round up some of best apps and unmissable books we’ve found along the way. Books The 80/20 Prin- ciple Richard Koch R215 at Takealot The 80/20 principle - that 80 percent of results flow from just 20 percent of our efforts - is one of the great secrets of highly ef- fective people and organ- isations. The 80/20 Prin- ciple shows how we can achieve much more with much less effort, time, and resources, simply by identifying and focusing our efforts on the 20 per- cent that really counts. The unspoken corollary to the 80/20 principle is that little of what we spend our time on actually counts. But by concen- trating on those things that do, we can unlock the enormous potential of the magic 20 percent, and transform our effec- tiveness in our jobs, our careers, our businesses, and our lives. Apps Providing a specialised property software experience, Prop- Worx aims to take the headache of managing a property out of the equation. A rental and accounting software solution, the software ranges from full property management, to accounting management, and an audit and compliance service. Monthly fees range from R695 for the Lite version - property admin- istration without any of the accounting features. The software allows users to manage their rental and sales portfolios, gen- erate monthly tenant statements, send bulk correspondence via email or sms, manage arrear debtors, and save, share and manage photos and documents regarding properties. From re- pairs to inspections, the software aims to provide users with an easy-to-use central dashboard to keep track of their properties and tenants. 64 APRIL/MAY 2018 SA Real Estate Investor Magazine 12 Rules for Life: An Antidote to Chaos Jordan B. Peterson R348 at Exclusive Books In this book, he provides twelve profound and practical principles for how to live a meaning- ful life, from setting your house in order before criticising others to com- paring yourself to who you were yesterday, not someone else today. Hap- piness is a pointless goal, he shows us. Instead we must search for meaning, not for its own sake, but as a defence against the suffering that is intrinsic to our existence. Drawing on vivid examples from the author's clinical prac- tice and personal life, cutting edge psychology and philoso- phy, and lessons from humanity's oldest myths and stories, 12 Rules for Life offers a deeply rewarding antidote to the chaos in our lives: eternal truths applied to our modern problems. An online stokvel platform, StokFella was developed to make it wasier for stokvel clubs to manage their admin, monthly payments, and claims. Available as a mobile app or on the website, Stokfella puts the power of informed financial man- agement in the hands of the users. The goal, here, is to enable users to grow their wealth. With a focus on security and trans- parency, a basic version of the service is available for free. If the basic version’s limited functionality and features won’t cut it, the option exists to sign up for an advanced account. In this case, contribution funds can be linked to an investment or savings account, allowing users to draw interest. Users also get access to savings from partners, along with access to wealth building workshops.