Sufficiency Friday: Are You a Farmer?

June 8, 2012

Saving is a necessity for growth and stability.  A necessity that we seem to have forgotten over the past generation as we have been influenced largely by a consumer society. Are you a farmer?

Traditionally at the end of each growing season farmers would carefully select and preserve seeds from their strongest and most resistant crops. This “seed saving” would ensure that they had enough food and seed for the next growing season. The cycle of seed saving allowed for persistent stable growth which allowed families and cities to thrive.
Are you a farmer when it comes to your own household finances? Do you save some “seed” for future growing seasons or maybe for a season with a poor harvest? Or do you consume everything you work hard for and then have to work even harder for next year’s harvest?
Your annual income is not what makes you flourish
One of the things I’ve learned from my father is that saving drives financial growth and wealth. Your annual income is not what makes you flourish. It is your ability to save that creates wealth, stability and financial independence. Without saving it’s difficult to attain financial freedom. Make sure to always plant seeds for shady trees in the future.
 
 

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Christopher Molder

Mortgage Broker

Christopher is a mortgage broker based in Toronto, Canada. And a son of a broker too. He’s a second generation mortgage broker. Following in his father’s steps he joined the family mortgage business straight out of university.