Building a Future from Pieces of the Past

How do you see in the past?

What do you expect your self in future?

Yes, everybody has past and future.

Like when I learn English, they have past and future tense.

Or like movie Past Present Future (Sept 2014).

Okay, lets take a story.

Age 40 years

A husband see him self in front of mirror.

Assume you are in golden age, 40 years old.

You have a great family, with 2 children’s.

But, remember about your childhood, let say 30 years ago, when was 10 years old kid.

As same as the other kid, when someone ask you, you were said become a doctor, a pilot, a president, a rich people, etc.

I bet you had more than 5 dreams on your childhood.

Then, your parents, give the best effort for you, best education, etc.

Times goes by.

You graduated, get a job, get married, and now is having 2 kids.

For the past 30 years, you analyst that you did not create a nice life as same as your childhood dreams.

You remember that on peak age, between 22-35, you have no plan, just follow the daily life.

Your family are still living with parent.

Until now, you don’t have a plan for kids education, pension plan, emergency plan.

Most of you salary is using for consume and took a debt.

If there’s a surplus, then you save it on bank account.

Together with you little brother and sister’s family.

Yes, there are 4 family in the house.

Sometimes, asking funding from parents.

You can not afford to buy a house, since the price of housing become 10 times within 20 years.

Luckily your parent house is big, with plenty room for big family.

You have been thinking this situation for the past 3 years.

You realize it when see your friends success story even with same level of work.

You have a best friend from university that on same office, same level, but with more big family member (with 4 kids).

You see him can maintain his life and in 10 years, will have own house and car.

You asked with him, why and how.

Then he explain that since early stage of marriage, he planed his family financial situation, what they want in future.

His friends dreams are simple, like most of common family.

They want own a house or apartment, a car, a pension plan, a small business, and emergency funds.

Your friends started to create a financial planning.

Let say your friend  started got marriage in age of 30,with salary USD 4000 per months, increment 2% a year.

From 100% salary, 50% using for daily consume, 30% for productive debt and investment, 10% for emergency funds and saving, and 10% for community and charity.

Assume the salary is USD 4000 per months.

Around USD 2000 for meals, kids, life style, office, and other daily matter.

USD 1200 for debt of housing, a motorcycle, and debt of developing own business.

USD 400 for saving and emergency funds.

USD 400 for charity, help people, support community, giving donation in term of money, food, and man power.

In first marriage, let say zero, they did not took a car, but wait until his family business grow up.

They used a motorcycle.

Let say income from husband salary USD 4000 and family business USD 1000 in a month.

All of family business income used for growing up the business, they did not took it for family, only for business.

At 5 years of marriage, he start to took a debt car in age of 35.

He need this car to growing up his food and culinary business, take it to customers.

This time, income from his salary USD 5000 and family business USD 2000 per months.

They have total USD 7000 a months.

His housing installment is still 15 years (from total 20 years), his business debt already settle (after 5 years), and now he has a second hand car installment for 5 years.

Then we come to present, at age of 40 years, for both of them.

Okay, lets analyst one by one for financial condition.


Have a house in next 10 years, with expected value USD 100.000. initial value USD 10.000 for 10 years ago and expected become 10 times within 20 years. Current price is USD 50.000.

Family business with monthly income USD 2000 and expected grow into USD 3000 in next 10 years. The value of family business is USD 5.000.

Car USD 5000.

Pension plan USD 5000 in age of 55.

Total saving USD 10.000.

Total emergency funds USD 30.000 or 6 times his salary (even the ideal is USD 60.000 or 12 times from salary since he has a big family with 4 kids).

Investment in mutual funds, gold, common stock, and other investment is USD 5000.

Then, we analyst this financial situation at age 40 years.

Total assets USD 50.000 + USD 5000 + USD 5000 + USD 10.000 + USD 30.000 + USD 5000 = USD 105.000.

Bank Debt USD 5000.

Net assets USD 100.000.

Total monthly income USD 5000 + USD 2000 = USD 7000.


Housing – living with parents, USD 0.

Family business – not started yet. USD 0.

Car. Brand new car USD 10.000. This car will value USD 2000 in next 10 years.

Investment – mutual funds, gold USD 0.

Saving – USD 20.000.

Emergency funds – USD 0.

Credit card debt USD 5000.

Other debt USD 5000.

Salary USD 8000.

Total assets in age 40 years : USD 10.000 +  USD 20.000 – USD 5000 – USD 5000 = USD 20.000.

Monthly income USD 8000.

A husband realize and see his friends life style.

This man never using a car to office, always bring food from home, and very simple outfit, always bring his family to free and cheap entertainment. But, they always put their kid on best school hoping be a great person in future.

Compare with him (husband) that always change car, cellular phone, always taking family to mall, shopping, expensive school for kids, etc.

A husband amaze with this situation.

Then spoke to wife, they need change.

Then both of you realize that this family need change.

If this situation happen in next 30 years, this family would live with poor condition.

The change the habit start in age 40 years.

They follow his friends financial planning and monthly habit.

Housing – start to get a small apartment / house with current value USD 50.000, using bank debt installment. The funds come from selling car, bank debt, parents debt, etc.

Car – change it into second hand value USD 3000. The old car sold with price USD 9500.

Family business – just started.

Investment – mutual funds, gold USD 0.

Saving – USD 20.000.

Emergency funds – USD 0.

Credit card debt fully settle.

Other debt housing USD 50.000

Salary USD 8000.

Total assets now is USD 50.000 + USD 20.000 – USD 50.000 = USD 20.000.

The financial situation is still same, but the change habit of life style, saving, etc.

Age 60 years

Husband and friends met up again after they resign and took a pension time.

They sharing their experiences again.

Of course they always meet almost every week but very rare to discuss about family financial planning.

Lets see one by one at age 60 years old.


Housing valued USD 200.000.

Family business with monthly income USD 4000 valued USD 8.000.

Car USD 4000.

Pension plan USD 5000.

Total saving USD 23.000.

Total emergency funds USD 50.000.

Investment in mutual funds, gold, common stock, and other investment (including other house as an investment) are USD 200.000.

Monthly housing rent income USD 1000.

Total assets USD 200.000 + USD 8000 + USD 4000 + USD 5000 + USD 23.000 + USD 50.000 + USD 200.000 = USD 500.000.

Bank Debt USD 0

Net assets USD

Total monthly income USD 1000 + USD 4000 = USD 5000.


Housing valued USD 200.000.

Family business with monthly income USD 1000 valued USD 2.000.

Car USD 3000.

Pension plan USD 3000.

Total saving USD 20.000.

Total emergency funds USD 12.000.

Investment in mutual funds, gold, common stock, and other investment is USD 5.000.

Total assets USD 200.000 + USD 2000 + USD 3000 + USD 3000 + USD 20.000 + USD 12.000 + USD 5.000 = USD 260.000.

Bank Debt USD 0

Net assets USD 260.000.

Total monthly income USD 0 + USD 1000 = USD 1000.

Lets resume on retirement plan in USD

Name              Total Assets             Monthly Income

Friends           500.000                   5000

Husband         260.000                   1000

Husband very thanks for his friends.

Without him, his pension life would become a disaster.

No financial backup.

No future plan.

At least, this husband have somethings to remember in the past.

Somethings that can help him survive without always be a problems for his kids.

As you can see on figure above.

They have made a choice of life.

They build a future with past experiences.

You can not only see the number, but see on their progress.

Especially with a husband.

Without his willingness to change, his family will become very poor, always asking parents, etc.

Building a future from pieces of the past.

Now its your turn to change!


You can read another article, as follow.



In its heyday, Bell Labs was the birthplace of countless world-rattling inventions, from the transistor (1947) to the solar battery (1956) to the laser (1960). But in 2008, when real estate developer Ralph Zucker toured the vacant steel-and-glass facility, it desperately needed re-invention.

“People wanted to knock it down,” says Zucker, founder and president of Somerset Development, which is located in Holmdel, the same central New Jersey suburb as the 472-acre campus. “They were ready to blow it up and cart it away.” Some had hopes that the town could lure a single tenant, such as Google, to occupy the site, which has two million square feet of office space.

Zucker, however, envisioned building on the lab’s legacy of ingenuity — which includes discoveries responsible for no fewer than eight Nobel prizes — with an innovative blend of “a suburban location and an urban vibe.” Although it took almost six years before Somerset closed on the sale, in mid-2013, Zucker and his group still hadn’t agreed on a name. “Bell Labs changed the world,” says the 53-year-old developer. “We very clearly wanted to capitalize on that, with a name that was a nod to the past and also showed the way to the future.”

Ultimately, a marketing company came up with the solution: Bell Works. (In a clever twist, they introduced the idea at a meeting where everybody had been issued lab coats.) “I loved it right away,” says Zucker, who had previously wanted to call the project The Idea Factory.

He felt equally passionate about using the domain name, which was also suggested at the meeting. “We jumped at the idea because it ties very much into what we are all about,” says Zucker. “We thought having the ability to have the name and the domain name exactly the same would be a little more edgy than having a dot-com name. goes with everything we’re trying to create.”

In so doing, Zucker has put his finger squarely on the Internet zeitgeist:  Companies in a wide variety of industries, from clothing to travel to dental services, are bypassing the standard dot-com naming convention in favor of new domain name options that let them stand out from the crowd and more effectively build their brands.

For technology companies, the location’s current appeal stems in part from its past — still in place are several useful resources, including back-up generators and access to abundant electric power. The glass-enclosed building, which features a quarter-mile pedestrian walkway, was designed with an eye toward fostering collaboration and cross-pollination among the companies Bell Works hopes to attract. “It’s very appealing to more urbanized tenants, with employees who are more prone to wanting to work in an atrium under a tree while sipping coffee and using their iPads,” Zucker says. “It’s an environment where a community of people can share ideas.”

Those folks can also ruminate on the locale’s storied past. Zucker says a group is working on setting up a museum, and installation has begun on a history wall celebrating the scientists and their inventions. His plans also include constructing a small lab that students can use, modeled on those that existed when the building was still part of AT&T.

Change has been a constant for the site: Ma Bell lost its regulated monopoly as a result of an antitrust suit in 1984. Eventually, Bell Labs became part of Lucent, and, later, Alcatel-Lucent. But changing fortunes, even in the worst of times, creates new opportunities. Zucker’s visit and subsequent vision for the site, actually benefited from the economic downturn in 2008. “Had the bubble not burst, Alcatel-Lucent would have had other buyers,” he says. “But Lucent gave us the time to do it. As a result, what was going to be demolished is being reborn.”



Author by, 17 June 2015

Access on 6 August 2015.


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