Wednesday, April 9, 2008


Kuimbakul writes another bestseller

By MALUM NALU

I was pleasantly surprised this week to receive a visit from my good friend, writer and former colleague at the Coffee Industry Corporation in Goroka, Tiri Kuimbakul.

He came into my office at The National after collecting five samples of his new book, Young Money (pictured left), which were hot off the press at The National’s sister company, Star Printers.

It is expected to be launched later this month by none other than the country’s most-prolific book author and Governor-General Sir Paulias Matane.

It includes a foreword by Samuel Tam, founder of the famous Personal Viability Programme, and is a huge vote-of-confidence in the book.

The excited Kuimbakul handed me one of the first copies of Young Money, which like its predecessor Success after Graduation, is destined to become a runaway bestseller in Papua New Guinea.

Young Money basically touches on what working class people need to know and do to achieve financial independence and freedom.

If you have been academically bright or are professionally successful, does that necessarily mean that you are financially successful?

According to this book, the answer is NO!

But everyone, including you, can succeed financially.

Here is what you need to know and do to achieve financial independence and freedom.

In order to succeed in the area of personal finance, you need to budget your money, know what are needs, wants, assets and liabilities, avoid bad spending habits (such as betelnut, cigarettes, alcohol and poker machines), control your cashflow, save and invest (rather than continue to borrow money from the ‘money market’ down the road).

This book covers all these and more, and has been written with your financial success in mind.

In 21st Century Papua New Guinea, or wherever you may be reading from, financial success is so vital that if you fail financially, you fail in every other area of life.

Think about that!

Every other area of your life is influenced by how much money you earn and what you do with it.

This book is about what you do with your money.

If you apply the common-sense advice in this book, you will succeed where 95% of working class people have failed all over the world.

“I wrote this book in view of the fact that many people are struggling financially,” Kuimbakul tells me.

“Most are living in debt.

“What I found out is that it’s not because we don’t earn enough.

“This may be true in some aspects, but generally, what people earn is sufficient, but the problem is management.

“I wrote the book to help working people manage their personal finances.

“That’s what I want to get across to the people.

“It’s not how much you earn that matters, what matters is what you do with what you earn.

“Financial success is so vital that if you fail financially, you fail in every other area of life.

“This book is also timely because of the recent concerns expressed by the government, through the chief secretary, over attempts to stop public servants borrowing from finance companies and informal money lenders, or what you call ‘loan sharks’.”

Kuimbakul’s first book Success after Graduation has become a runaway bestseller since its launch in November 2006.

Since the launch of the book – aimed at young people in general – hundreds of copies have been sold all over the country.

And his star has continued to rise since the launch, with interviews with both local and overseas media; a weekly newspaper column for young people; and meeting many people personally and through an avalanche of emails, faxes, letters, and telephone calls.

This was all something new for the quietly-spoken layman pastor.

“When I first came upon the idea of writing books sometime in July 2005, I did not know what lay ahead of me,” he reflects.

“It has been like launching out into deep waters not knowing what will happen.

“It has really been a journey of faith.

“And I have met so many people I would never have known had I not written this book, many through correspondence.

Kuimbakul, 42, is from Mount Hagen in the Western Highlands, however, graduated with an honours degree in economics from University of Papua New Guinea in 1988.

Kuimbakul has worked as an economist with the Department of Agriculture & Livestock (1989-1990); assistant Export Manager with Coffee International Limited (1991-1992); economist and general manager of Industry Affairs Division, Coffee Industry Corporation (1993-1999); export Manager with Kongo Coffee Limited (2000); and freelance consultant (2001-2008)

He currently manages coffee marketing projects, advises community development associations, does church work, writes and publishes books, conducts seminars, and speaks to students and young people when he gets the opportunity.

Young Money was actually completed last year and was supposed to have been printed then but this was put off by a year.

“My third book is titled ‘Be Your Own Boss’,” Kuimbakul continues.

“It’s aimed at motivating people or readers, especially students and unemployed youth, to go into business for themselves.

“I’m trying to relate all these books to one another.

“My plan is to have 10 books out by the end of 2010.

“These books will cover how people can succeed in school, professionally and financially.

“I’m writing four other books aimed at empowering students to do well.

“From these four books, I have developed a workshop which I’m calling Academic Excellence Workshop.

“This workshop will take students through areas such as goal setting, time management, note taking, revision, preparation for exams, etc.

“This workshop will be conducted during school holidays.”

Young Money. By Tiri Kuimbakul. Published by SECOS Books. Goroka, 2007. 180 pages. ISBN 9980-86 -038-3. K40.Phone/fax: (675) 7323950. Mobile: (675) 6880033. Email: secos@global.net.pg .

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