“I want to earn lots of money or achieve that prestigious award so that I can give my family a good life”. Have you ever heard of such phrase that people declare? Take a moment to think about this: What is a good life to you?
We often see on social media how “good life” our friends have with their new car, luxurious travel trip, limited-ed bag, happy family studio photos, fairy tale wedding, latest electronic gadgets, etc. Somehow these material images had given us an impres
I often get this question: Is the cost of health supplements claimable under my health insurance policy? It is common for doctors to prescribe post treatment health supplements or vitamins to patients in addition to the usual medication. As some medical conditions or certain major surgery may require longer term to recovery, health supplements are deem useful as a form of non-invasive maintenance. Some supplements may be given in bulk for preventive measures, especially for c
Everyone knows the importance of having insurance. We have heard so much from advisers or been educated by advertisements. We look for what we need, set aside a budget and apply for it. Most people will stop here. But do you know that financial planning doesn’t just stop after you sign on the dotted line? Implementing an insurance is only half the work done. Going back to basic, what is the main reason for getting an insurance? A couple of them: Leaving a financial legacy for
“Ladies and gentlemen, this is your weekend captain speaking, apologise for the slight delay. Do bear with me as I only fly on the weekend. We will take off as soon as I find the air pressure button.” “Hi, nice to meet you, I am a Gynaecologist, you can trust your first delivery in my hands. By the way I am also a certified Barista, Yoga coach, and a Real Estate agent, let me know if you want to visit a showflat and have a nice cup of coffee.” How would you feel if the pilot
Many of us own watches, or at least one watch in our life till date. Some may have a few for different occasions - for your day to day work image or attends business and formal event, different colour to match different outfit. There are many types of watches to choose from: luxury watches, fashion watches, dress watches, sport watch, analog, digital or a mechanical watch. “What time is it now?” Well, whatever your choice may be, whether it’s a Rolex submariner or a retro Cas
Wants are sold by society! A 101 financial tip to good money management is to understand the difference between a need and a want.
A need is a necessity, an obligation, an essential, a must-have, you almost can't live without.
How about, what is a want?
Want is a desire, a craving for, a wish, a good to have, should have but (actually) it's alright without.
"I'm feeling lazy today, just spend a little more on transport, take a cab."
"Once in a life time wedding, just go
Needs are imposed by nature! If you were to pen down a list of what your needs are on a paper, how much do you think you could write? I am quite sure you can easily fill up the whole piece if given some time. One of the key to good money management is to understand the difference between a need and a want. No one taught us on this differentiation in real life, things became grey and subjective to individual. Let's head back to some basics: what is a need? Need is a necessity,