Why Growing Your Money Is Like Planting A Seed
The origins of Seedly
If you may have noticed, our startup’s name is Seedly. Many people often confuse us with being an agricultural or green startup. However, we have a slightly more unique spin to the origins of this story.
“Someone is sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffett
Over the weekend, I was traveling abroad in Indonesia and noticed something very interesting. There were large fields of agricultural farms which were either fully grown or completely empty, with seeds sown and little saplings growing. It dawned on me, that the process of growth is much like our wealth, it takes a long time to grow.
It starts with planting a Seed
Here is a simple illustration comparing how they are actually very similar. A Seed is very vulnerable, fragile, much like your Money when it begins with either $1,000 or $10,000. You can quickly lose it all or start growing it over time.
Never stop learning and growing
Always be open to learning and continually growing your portfolio. Much like a familiar mobile game Farmville, where I personally see many people playing it on the MRT, it’s something that most people like to feel the sense of achievement growing their plot of farms.
You may start off with one type of seed get familiar with it and may start to learn how to grow another type of seed. Go for reputable courses or read up online on simple investment concepts.
Over time, you may start to realise that you have a nice patch of plants for harvesting and you can start looking at other fertile land and start sowing more seeds.
In a similar fashion, you will start to realise that you have enough capital to start deploying elsewhere to start growing your wealth over time.
Conclusion: Get Started Today
Start by learning the basics, and figuring out where you are currently lacking. It may seem a lot more intimidating then it seems.
“The best time to start was 20 years ago, the next best time is now” – Chinese proverb
Guides For Every Lifestage
Seedly understands that each phase in life requires different personal finance needs and risk appetite. With that, we compiled our articles into guides to help you out.