What’s The Best Advice You’ve Ever Received?
After a little bit of blogging about sending thank-you notes online, a comment I left was picked up, and run with, about whether your parents, or grandparents, would approve of the stuff you’re doing on the internet. See it here.
But this little exchange got me thinking about advice we have received from our elders. So here is an open question for all:
What is the single best piece of advice you ever received?
This could be from your parents, grandparents, a teacher or mentor. Just tell us the advice, and why it was important to you. Find mine in the comments section!
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My dad told me this piece of advice, which he had received from his father.
Essentially, what it means is this: never consider property to be an asset. Real property is a liability - until you realise this asset (by selling it) you will only ever incur expenditure from owning property.
In today’s age of buying property and developing, people would do well to remember this. On paper is just that, on paper. Its only worth anything when the money is in the bank!