I – Teach children to save a little of everything they earn.
II – Advise people to be frugal.
III – Share the wisdom of protecting assets especially income producing assets.
IV – Show everyone how a small percentage of their income invested into superannuation leaves them a large percentage to spend, save, invest, gamble or give away.
V – Give counsel on the wonders of compounding interest – dollar cost averaging – asset allocation and global diversification.
VI – Help those less fortunate get out of a dependency trap and into a lifestyle.
VII – Recommend and refer advisers in financial affairs who have principles of trustworthiness, empathy and service and show long-term results of technical competence.
VIII – Warn against charlatans, shysters and short-term focus.
IX – Show how saving gives options, investing creates wealth and money allows choice.
X – Take your own advice.
