Sports Car Test
This world has a poverty problem. There are fellow citizens living without much. Those that are seen as less fortunate.
When breaking out of poverty or working their way towards the corporate rat race, those with less tend to dream about what it would be like to have more. It is natural.
When politicians come along, promoting socialism (“everyone should get a free house”), the dream seems more easily reachable.
In SA, our politicians are quick to point out the difference of those with versus those without. Their agenda is not pure or constructive.
Socialism appeals to those who have less. Getting more seems easily obtainable through a socialism approach.
The long term consequences though are disastrous. Socialism has not and does not work.
Anyway, the point of my message today is not government focused.
Rather, focused on those looking to step up in their financial circumstances.
If socialism isn’t the best approach, what is?
Another perspective I want to show in this transaction is what I call the “exotic car test”.
If I gave you a Lamborghini, I would make you an instant millionaire. You would hold an asset more than a million Rand.
The idea of having an amazing sports car appeals to many.
The complication, however, is long term.
The first year is fun but the petrol price eats away at one’s limited income.
Now the challenges really creep in. The car needs a service. New tyres. New brake pads.
Some small details in the car are beginning to wear.
The car value is depreciating quickly now.
The real question now, is how do you maintain this car? If you have limited income, how can you afford to keep the car afloat?
Giving away assets isn’t a cure for poverty. Giving access to land, for those who don’t have easy access to it, is not going to help (in the long term).
Asking for farmland isn’t going to help those struggling. Money is needed for the maintenance of farms.
There is a lot of equipment and skills needed to properly farm on land.
Just like getting given a car isn’t going to keep you rich (for long).
So the test I have is simple: if you were given a car, could you maintain it?
I find that this helps determine what skills are needed. What income is needed and what position do you have to be in to make a success of your dream scenario.
Hopefully this helps reaffirm my philosophy: skills are needed to be taught if we want to end poverty.
Give a man a fish and you feed him for a day.
Teach a man to fish and you feed him for a lifetime.