I read this book "The Family CFO" by Mary Claire Allvine and Christine Larson. Very interesting.
Though I have not finished the book, but I have already learning a lot from it. The author encouraged couple or a family to practice and run it as if it is your business and your company.
Set up your board of directors - to plan the vision (dreams). It mentioned that giving time frame and priority to these dreams help make money decisions eaily.
Next it talk about setting yo the CFO office - staffing it with a Cash Manager and a Investment Manager (though in a family the two roles may be played by the same person). The Cash Manager manage the Income, expediture, cash flow and pay bills of the family. The Investment Manager manages the extra income determine the insurance, mortage, investment plans. The CFO finally present in either monthly or quarterly the finance statement of the family - detailing how well is the family reaching their dreams.
Dreams are infinate but resources need to achieve these dreams are finite. Therefore planning - which invole decisions making are needed. The finance satement of a family can be used to plan and executing and fulfils these dreams.
BTW - one of my dream is to bring my whole family to stay in the West Coast of U.S.A for a year - enjoying the four seasons, the people and the culture.
Sunday, July 29, 2007
Saturday, July 28, 2007
Kids Grow Fast
The kids are growing so fast. josef has reached our chest height and deborah is now tottering around confidently. She has grown much longer too. How time flies and how fast they grow.
i enjoy every single moment with them. They enjoy mine too. I think we are priorities in each other lives.
as i look at the lives of some of the teens around me, i realise how much they desire to have their parents' involvement in their lives. i hope to be a parent who is very much of the children's lives.
ernest is such a darling too. he repaired the sink and door. he is the repair man of the house. well his love language is service. he is also the children's playmate as he always clowns around with them.
thank god for such a lovely family. where your heart is there the treasure will be.
follow your heart desire in this life. you live only once.
i enjoy every single moment with them. They enjoy mine too. I think we are priorities in each other lives.
as i look at the lives of some of the teens around me, i realise how much they desire to have their parents' involvement in their lives. i hope to be a parent who is very much of the children's lives.
ernest is such a darling too. he repaired the sink and door. he is the repair man of the house. well his love language is service. he is also the children's playmate as he always clowns around with them.
thank god for such a lovely family. where your heart is there the treasure will be.
follow your heart desire in this life. you live only once.
Sunday, July 08, 2007
Sentosa Trip on 1 July 2007
Racahel suddenly has this craze on Sentosa. First we spent a night at the newly build Siloso Resort from Sunday to Monday. She return to Sentosa with the kids to visit Underwater Water World and Songs of the Sea on Tuesday. In fact she was still talking about bring the kids back on Wednesday to Pink Dolphin Lagoon, but did not do so because of her school work.
Well, we enjoyed the trip. I had fun with Josef at the pool and the "car ride" down the slope. Thank God for the provision.
Deborah
My little has grown up too. Now she can walk, but still can't talk, but communicate through her little gesture and finger pointing with "heagh heagh heagh".
Spa with Rachael
I had a couple spa with Racahel on Saturday. Wonderfully. But the sad thing is that she lost her ear ring (diamond) which her mother gave it to her. I pray that it can be found at the spa.
Racahel suddenly has this craze on Sentosa. First we spent a night at the newly build Siloso Resort from Sunday to Monday. She return to Sentosa with the kids to visit Underwater Water World and Songs of the Sea on Tuesday. In fact she was still talking about bring the kids back on Wednesday to Pink Dolphin Lagoon, but did not do so because of her school work.
Well, we enjoyed the trip. I had fun with Josef at the pool and the "car ride" down the slope. Thank God for the provision.
Deborah
My little has grown up too. Now she can walk, but still can't talk, but communicate through her little gesture and finger pointing with "heagh heagh heagh".
Spa with Rachael
I had a couple spa with Racahel on Saturday. Wonderfully. But the sad thing is that she lost her ear ring (diamond) which her mother gave it to her. I pray that it can be found at the spa.
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