Real Estate Investor Magazine South Africa March 2016 | Page 66

INSIGHTS Property Investment as an alternative way of thinking PIERRE VAN DEN BERG A lready from an early age, many young people either set their minds on, or are expected to engage in further education straight after school. A university degree is still seen as the ultimate, hopefully leading to an interesting and successful career, and to retire reasonably wealthy by age 50 or 55. Not much wrong with this, if that is what one really wants? Except that school-leavers are often not sure of their future and get caught up in this “establishment” way of thinking, ending up in the wrong career, or not completing their studies or not finding a job. Is this way of thinking not very limiting? Does this develop and encourage entrepreneurs and potential property investors? How do we change our mindset and so influence our children? Is it not time to seriously think of alternatives or additional options? Is it not time to teach our young people financial intelligence [not taught at school or university] at an early age? It is an incredible drawback for a child to grow up financially ignorant. How does a good financial education compare to a university degree? I believe that with financial intelligence the chance of early success and wealth creation [securing a passive income, only “good” debt, etc.] is far better compared to a career stemming from the establishment mindset mentioned earlier. We cannot all be entrepreneurs, but this is where PROPERTY INVESTMENT offers an alternative. Whether you are currently a property investor or not – how much are you doing to introduce, guide and encourage young people in this option? What if we could identify and guide young potential property investors to this alternative way of thinking and planning their careers? They may still study, perhaps with extra intention and motivation after finding their niche, perhaps in a different study direction to what would have been previously considered by the establishment way of thinking. 64 MARCH 2016 SA Real Estate Investor Buying property straight after school or studies is unlikely to happen for young people, but we can influence them to an alternative mindset and dramatically increase their chances of becoming financially secure at an early age in the following ways: 1. Instill in children from as young as possible the mindset that it is not necessary to work till the age of 50 or 60. 2. An amazing life of financial independence can be created following your own dream instead of being solely dependent on the job market or the salary from a boss. 3. Establish the goal of becoming a successful property investor at an early age. 4. Put all your effort into realising this dream and believe you can become financially independent by age 30 to 40. 5. Nurture the interest in property by following knowledgeable and successful people. Read, watch, listen and educate yourself as much as possible RESOURCES thankstoproperty.com www.reimag.co.za