Joseph the Dreamer

joseph-the-dreamer

“Let Pharaoh proceed to appoint overseers over the land and take one-fifth of the produce of the land of Egypt during the seven plentiful years. And let them gather all the food of these good years that are coming and store up grain under the authority of Pharaoh for food in the cities, and let them keep it. That food shall be a reserve for the land against the seven years of famine that are to occur in the land of Egypt, so that the land may not perish through the famine.” (Genesis 41:34-36, ESV)

Just a few hours after writing my previous article about the importance of life insurance in estate planning, I came across the above-quoted passage during my devotions. Maybe God intentionally led me to this passage of Scripture, which totally drives home my point in all my recent posts since last month, and that is: “Failing to plan is planning to fail.”

In the Old Testament account of Joseph, we can read how he was the most favored son of his father, Jacob (Israel). He was so obviously the favorite that his brothers plotted to kill him in jealousy. Fortunately, one of them convinced the others that killing their own flesh and blood is wrong and that they should just instead leave him in the pit where he was trapped. Nevertheless, when Bedouin caravan merchants came by, the brothers instead sold Joseph to them as a slave. Then they in turn sold Joseph at the public market who was bought by an Egyptian official named Potiphar. After many successes and tragedies in his life, Joseph finally gained favor in the eyes of Pharaoh who made him ruler of all Egypt second only to the king due to his God-given ability to interpret dreams and leadership capabilities. As a severe famine was about to strike the land of Egypt and its neighboring nations, Joseph came up with a plan to dampen, if not eradicate, the effects of the imminent famine. This story of Joseph is very famous that it was made by Walt Disney™ into an animated full-length feature film entitled “Joseph the Dreamer.”

This biblical story clearly illustrates the importance of planning ahead of any undesirable circumstance that may come our way. While Egypt’s neighboring countries suffered due to the ravaging effects of the famine, Egypt remained prosperous and plentiful. For us living in the 21st century, these undesirable circumstances may take the form of loss of employment; natural calamities such as earthquakes, typhoons and inundation; conflagration; sickness; or even death. This is where sound risk management, together with effective financial planning is a must. As with everything else, financial security starts with a plan. According to Rienzie Biolena, a Registered Financial Planner, “A comprehensive financial plan is a document that outlines the goals of a person, assesses his/her financial status, and gives concrete recommendations on how to achieve those goals. Each plan is different as every person has unique status, needs and aspirations. Yet all comprehensive financial plans cover each aspect of a person’s finances – cash flow, debt management, investments, insurance, tax and estate, and retirement.”

So when is the best time to start planning for your and your children’s future in order to protect yourself from life’s uncertainties? The answer is: YESTERDAY. Remember, failing to plan is planning to fail. So what are you waiting for? Contact your legal and financial adviser before it’s too late!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s