Though there was nothing I could advise as regards his control
of the money, I did note that his mother had the money in just a
simple saving account. If this young men has to wait for some time
period to get use of the money, it should at least be earning better
interest. I told his that he should contact the bank where the money
is kept and talk to the financial advisor on better ways for the
money to be earning interest. At the minimum, it can be place in
CD's. If you are a young person whose first thought is why would
a person put his money in a music disk, CD's meant Cash Deposit
certificates decades before they meant a shiny disk with music recorded
on them.
Apparently he took my advise, and more. He didn't just talk to
one advisors, but three, putting together a report to show his mother
how the money could be better invested. She was impressed enough
to give him control of half the money. He did buy himself a good,
used car, and put the rest into five year certificates. He was rather
proud of himself, and thanked me for my advise. As I had a customer
ready to go home, I didn't have the time to talk to him about PIF,
but I will when I see him next, as he lives near me.
Four weeks ago I had a taxi customer, who is now living in a half
way house. He spent time in jail for drug possession. It cost him
his marriage and his children. The state had ordered the children's
mother to divorce him, in order for her to get the children back.
He told me that he was trying to turn his life around and he misses
seeing his children. He currently sees them once a week for an hour.
I told him that he could be doing something about it. First, go
to church and learn that there is a higher power there to help him.
Second, ask his ex-wife out on a date. No sex, necking, or other
fooling around, just a date. Start over, by dating and making an
effort to put the marriage back together. The other night, he told
that he had taken my advise. He had begun a Bible study with Jehovah's
Witnesses and that he had asked his ex-wife about dating again.
She has agreed and they have begun over, with the ground rules that
I had suggested. Further, the social worker has informed him that
due to the changes she has been seeing in him, he will no longer
have to be supervised when seeing his children.
Last year, I had a boy in my cab who didn't know what he wanted
to do with his life. He was in college to be an architect, but he
was not sure who he wanted to work for when he graduated. I suggested
that he consider joining the Peace Corp and use his knowledge to
rebuild devastated villages in towns in foreign lands. Aside from
the good experience, it would give him a chance to see some of the
world when he is still young and healthy. I learned recently that
he has joined the Peace Corp and is now helping others. He also
took the copy of the book, "Pay It Forward" that I gave
him to those foreign lands.
When I have a business traveler, or someone whom going to a sixteen
room house on a hill, in my taxi who treats me like I'm nothing
compared to them, I think about what have they done to change someone
else's life?
You have my permission to reprint this, but please say it is from
George Mac, a father, a grandfather, and a cab driver.