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.
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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.