As has appeared in The Oman Daily Observer of Sunday May 16th 2010,
This article is also posted in www.betweenusonly.wordpress.com – and all my future articles will be posted here <PLEASE CHANGE IN COLUMN>
Between Us Only!
Why You Are Broke?
“If you think nobody cares if you are alive, try missing a couple of car payments.” ~Flip Wilson
I was also reading this article – The real reason you are broke – Liz Pulliam Weston – MSN Money Article – For a huge number of troubled debtors, it all began with a car. Too much car, financed too long, traded too soon. If you are constantly broke and cannot figure out why, the answer may be sitting in your driveway. You can find the full article posted in my new www.betweenusonly.wordpress.com
A long time ago, my Omani Director then, had told me – You have a very expensive hobby – you like buying new cars every two to three years – it will kill you one day! He was the same person who had advised me that it was too late and at the wrong time to go into business – but who am I to listen to anybody with a troubled rebellious streak in me – and always in a ‘win-to-win’ focus and drive?
When I was working as a Human Resources Manager in one of my last companies, I had one recently graduated Omani (still in job probation!) asking for a letter to the bank for a personal loan for marriage dowry, celebrations – and the punch line – to buy a new car! Being interested in cars myself, I asked him which car he was planning to buy – this before I told him I could not give him the letter he wanted because he was still not job confirmed yet.
The answer shook me to my very grounds and broke me up into smithereens – because after the car purchase and his marriage intentions, he was left with only OMR 180 a month – and that was okay for him ‘because I am going to stay in my parents’ house’. It was not okay for the bride – because the marriage ended soon after a few months (not years).
Which brings me to the point I want to make today? After my Consultancy collapse, I went around not only to my own bank but others too. When they came to know where I worked and how much money I was earning monthly there, they became very much interested to ‘revive’ my company – only to realise that the money was already paying a big loan taken for the company and previous personal (the car thing!). Everybody seemed to be interested in the salary than the new Business Plan to rejuvenate and revive the company – which brings in the point that do not believe everything you read from then and to nowadays!
There are a lot of our younger generation in big loans and debts. I read this article by one esteemed Susan Mubarak – Diving into Debt – quote – It is no secret that a large percentage of young Omanis now, both male and female, in their twenties and early thirties are living beyond their means and are refusing to accept a standard of living that suits their income level ….
The article is also posted in www.betweenusonly.wordpress.com – and all my future articles will be posted here.
I have myself written before so much about this issue in my column and in The Between Us Only Series Books (Three) – Please visit www.majidbooks.com
It will be just mundane boring repetitive redundant and lack of aspiration and interests stuff to repeat it all over again – in just a few words.
Having said all that and in realisation and acceptance, this still has to be said here. Though for me I am not like Anuradha Roy who sold 6 million copies of her book The God of Small Things one month after it was launched, but I think as an Omani (GCC / Arab Author) who writes in English – with 5 books and 2 in Arab Management – I think I do deserve some more help and support – because there are few books written in GCC /ME in such topics – and by the Locals themselves – be it in English – as it is.
A very good friend of mine (Indian) had cautioned me why (The Real Reasons – he said) they will not support your books – including the banks too ‘as they are doing what is told to them to do’. His full message is also posted in my website above.
But that may not be important for now – because I believe that what goes around – comes around – and that has been proved at the highest examples quite recently. I am reminded also by these words (reread also my last week article – Practise What You Preach – We could change the world tomorrow if all the millions of people around the world acted the way they believe – Jane Goodall – and Life is an echo – what you send out comes back. – Chinese Proverb There is also this one – Not everything in Life that counts – can be counted – Anon.
Take Care!
By Majid Said Nasser Al Suleimany
This article is also posted in www.betweenusonly.wordpress.com – and all my future articles will be posted here <PLEASE CHANGE IN COLUMN>
http://www.doyouwalkthetalk.com/miami/?cm_mmc=MIAMI-_-NL-_-05.04.2010-_-WKTKmov
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