GOLDEN RULES

Auckland City Harbour News - - FRONT PAGE -

Have your fi­nan­cial awak­en­ing Take your op­por­tu­ni­ties to learn Put runs on the board

Lords, but I was at the crease of my own money life, knock­ing off sin­gles here and there, and tak­ing the bound­aries as the op­por­tu­ni­ties pre­sented them­selves.

There are four things I would say about my ‘‘put runs on the board’’ phi­los­o­phy.

First, if crick­et­ing lan­guage doesn’t work for you, use your own id­iom.

Latin schol­ars could go for ‘‘Carpe Diem’’.

The poetic could ‘‘Seize the Day!’’

The agri­cul­tur­ally-minded could ‘‘Make hay while the sun shines’’.

Sec­ond, hav­ing money philoso­phies helps you keep your eye on the ball.

Think­ing about putting runs on the board helps me keep my wal­let in my pocket, and my sav­ing rate re­spectable.

Do I want more runs on the board, or do I want Rimu book­shelves?

One of the sad­dest con­ver­sa­tions I have is with peo­ple who failed to join work­place su­per schemes in which their em­ploy­ers made match­ing con­tri­bu­tions.

They missed the op­por­tu­nity to put runs on the board, and to have some­one else scor­ing runs for them!

Third, it is amaz­ing how fast the ‘‘sin­gles’’ start adding up to a de­cent in­nings.

This is es­pe­cially true if you put your runs on the board early in life.

The pay­back is huge for those who go hard when young.

Take it from me, hav­ing low lev­els of debt, money in the bank, and a jump on re­tire­ment sav­ing is a won­der­ful thing when your first child is on the way.

Fi­nally, I would urge you to take the scor­ing op­por­tu­ni­ties you get, be­cause you never know when they are go­ing to end.

You never know when you’re go­ing to be pitched that un­playable Goo­gly, or whether rain will end play.

My chance land­ing of that in­vest­ment news­pa­per job meant I learnt to put runs on the board just be­fore house and share prices went berserk.

The for­tunes of my gen­er­a­tion have been split be­tween the prop­erty-own­ers and those who never got started, or started late. Learn from that.

Fo­cus on putting runs on the board to­day, not to­mor­row, not next year.

PHOTO: MARK TAY­LOR/FAIR­FAX NZ

Bren­don McCul­lum putting runs on the board early in the Cricket World Cup semi fi­nal.

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