CashFlow Reality Workshop

Have you played the CashFlow Board Game the way we conduct it?

Are you still wondering how to bridge  your financial gaps in your real life?

Back by many begging requests, we will be conducting the CashFlow Reality Workshop on 01^st May 2012 (public holiday). Our Wealth Trainer and Money Coach have more than 18 years of real life financial experience and have conducted more than 50 CashFlow Reality workshops will simulate and inject practical & real life financial situations during the workshop to give you a better understanding how your different money behaviors, habits and attitudes are affecting your financial decisions.

We will show you financial applications secrets / wealthy strategies that you can link to your real life encounter and how you may apply these strategies to bring your wealth to a higher level.

Join us and discover yourself how much you have missed...

Event Details:
Time: 9:30am to 5:00pm
Venue: North Canal Road
(Buffet Lunch and Refreshments will be served)

Fee:   
S$12.00 per VIP Client
S$15.00 per Client
S$35.00 for Guest
S$180.00 for Public


This event is for selected group of people who wish to understand their money behavior, patterns, attitude towards money and to get richer or build multiplier stream of income within the next 7 years. Only 25 seats are available and are allocated on first come first basis.

For more details or to Register: www.JopezAcademy.com/cashflowreality

Closing date: 26^th April 2012.
(Register early to avoid disappointment)

How much do you care for your loved ones?

It’s been really a busy month with all the CNY preparation and lots of sales appointments. Thank God for His abundant blessings =) 

Came across this article published in the Straits Times – Strategy For Palliative Care. I thought it would be very timely to share this after my previous post. Numbers don’t lie.

Critical Illness is a coverage one must have. Statistics from MOH reveals the number of Singaporeans passing on with the common diseases is on a rising gradient.  Cancer topping the list, followed by Heart Disease, Pneumonia etc. 

Premium for critical illness coverage isn’t high at all. In fact, there are insurance policies in the market that offers limited payment term with whole life coverage. The younger you start the better it is for you. Not only is the premium cheaper when you start young, medical health condition is another factor; and I’d say the most important factor. Chances are high that no insurer would issue you a policy with failing health condition. Even if they were to do, likely there will be a loading or exclusion imposed.

Leaving off with a statement quoted from a client of mine; 

“Insurance is the only product in the world which you can’t buy when you need. But when you can, you won’t do so.”

It’s not always about YOU...... but rather about the ONES YOU LOVE

Enjoy reading and have a God blessed week =)

Are you adequately covered?

 “one can die but can’t afford to be sick”.  This is so true especially in a country like Singapore where the medical cost is heading north and advance technology is readily available.

Stress needs to be added on the importance of life insurance coverage that every individual should have. Coverage here refers to a payout in an event of Death, Total Permanent Disability (TPD) and Critical Illness (CI). There is always a misconception in many people that their insurance covers all 3 of the above.  However, may I urge you to check your coverage again and make sure that your coverage includes Critical Illness. Many plans come with coverage on Death and TPD, but Critical Illness is often not included. And that is the major coverage one should be looking out for. The cost of treatment in an event any of the 30 major illness strikes upon, would easily be a high 5 digit figure.  That has the potential to drag your whole family’s finance downhill. Personally, this is what happened to my late grandfather who died from nose cancer and the medical cost has laid a huge burden on the family.  Common illness woman find themselves battling are like breast cancer, and for guys – stroke or colon cancer.

Here’s a list of the standard 30 major illness across insurance companies:

ALZHEIMER’S DISEASE	LOSS OF SPEECH
APLASTIC ANAEMIA	MAJOR BURNS
BACTERIAL MENINGITIS	MAJOR CANCERS
BENIGN BRAIN TUMOUR	MAJOR ORGAN TRANSPLANTATION
BLINDNESS (LOSS OF SIGHT)	MOTOR NEURONE DISEASE
COMA	MULTIPLE SCLEROSIS
CORONARY ARTERY BY-PASS SURGERY	MUSCULAR DYSTROPHY
DEAFNESS (LOSS OF HEARING)	PARALYSIS (LOSS OF USE OF LIMBS)
ENCEPHALITIS	PARKINSON’S DISEASE
END STAGE LIVER DISEASE	POLIOMYELITIS
END STAGE LUNG DISEASE	KIDNEY FAILURE
FULMINANT HEPATITIS	STROKE
HEART ATTACK	SURGERY TO AORTA
HEART VALVE SURGERY	TERMINAL ILLNESS
HIV DUE TO BLOOD TRANSFUSION AND  OCCUPATIONALLY ACQUIRED HIV	ANGIOPLASTY & OTHER INVASIVE  TREATMENT FOR CORONARY ARTERY

Well even if you have your critical illness coverage done, does it covers early stage dread disease? Technology today has made detection of an illness possible at an early stage.  Hence moving along with market demand, in recent years, early stage dread disease policies are made available in the market. Read the article in the link below about Theresa who was diagnosed with ductal carcinoma in situ (DCIS) in her right breast which is stage zero, early stage breast cancer. The condition is considered non-invasive which does not fall into the category of critical illness. She was upset that her critical illness insurance policies did not pay out the claims. The air we breathe, the food we partake daily has exposed ourselves to the risk of illness.

 Love yourself and your family to get yourself insured today!

http://www.asiaone.com/Health/News/Story/A1Story20100831-234887.html

♥♥♥
special thanks to my peers, and those whom I just got to know you through your comments for supporting and reading my post. Hope this little financial blog of mine has helped you guys gain greater financial knowledge =) will continue blogging!♥♥♥

It’s 2 weeks to CNY!! So looking forward to time with family and friends. And my favourite BA GUA!! :):):):)

God Bless You!

above 4% for my savings??

After an awesome Christmas spent with love ones, we’re on the eve of 2011! Hope you guys had a fabulous Christmas too!! What an awesome year it was indeed =) Here’s some goodies to end of the year especially if you have just gotten your fat bonus!

Most Singaporeans are deeply aware that their spare money is earning them miserable returns, and the value is being eroded by inflation. This is as good as keeping your money under your bed with termites in it.

Many people especially our parents aren’t aware that there are good alternatives available in the financial market place that offers better returns for their hard earned money. One alternative, you may wish to consider - NTUC Growth Plan

1. Flexible Policy Term (5 to 20 years)
2. Guaranteed returns on your principal sum upon maturity
3. Yearly bonus based on financial results of the Life Participating Fund
4. Payout of sum assured plus accumulated bonuses or cash value, whichever is higher, in the event of Death or Total and Permanent Disability (TPD before the age of 65)
5. Payout of 2 times the sum assured plus accumulated bonuses in the event of an accident resulting in Death or Total and Permanent Disability (TPD before the age of 65)

The following is just an illustration showing maturity benefits: male, aged 40, single premium $50,000

Unlike other alternatives, which you might lose your principal value, the Growth Policy protects your principal with more than 1% guaranteed yields on maturity!

If you like to explore how the Growth Policy can maximize your money growth, jus leave me a comment or drop me an email. Please not that the above is just for illustration. There are other important pointers that one should take note of.

Greater blessings, love and joy 2012 will bring!

Alright folks, fill the weekends with lotsa laughter, smiles and music =) =) =) ta ta!!



Hefty Medical Bills

It often surprises me that there are Singaporeans without hospitalization coverage especially in this red dot where medical cost is ever rising.

My humble little story to share, shield plan is the very first insurance which I took over from my parents simply cos it is so affordable that I didn’t feel a pinch at all. The premium is payable from Medisave – which we all know can’t be use for much unlike our OA or SA accounts. Moreover, the Rider for this plan made in cash, for a person say age 40 and below range from $100-300/YEAR only!! That works out to be less than $30/month!

Premium aside, the point is coverage. A simple day surgery in Singapore would cost you easily $2000 already.  Well thank God $2k is a small amount. What if the amount now becomes $20k? That would not only drain out one’s savings account, it may even drag down your whole family’s finance.  Love your family enough not to let this happen. Ensure that you are adequately covered =)

An article below from The Sunday Times about the Burden of Hefty Medical Bills: http://www.healthxchange.com.sg/News/Pages/Pass-on-the-burden-of-hefty-medical-bills.aspx

A comparison chart of the different insurers in Singapore .

All in one snapshot =)

If any young ones like me is reading this, I would strongly encourage you to start taking over your shield plan now. It would be easier for you to digest the premium along the way when you have to take up other policies on your own. More so, when you get married and have kids, you can’t have your parents still paying your premium can you? Sooner or later, you have to take responsibility over this area. Why not start now. Trust me, it will be so much easier to digest and manage by then (:

Here's a claim preview for you. Only a day stay and its a 4 digit bill....

Gonna run for christmas gathering =D 

Have a BLESSED CHRISTMAS everyone ♥

MONEY IS THE PRECESSION TO THE VALUE YOU CREATE OR ADD TO THE WORLD

Finally pen down my virgin post! I’ll start this blog running with an awesome 4 days training I attended last Nov in KL – MONEY&YOU. Was actually quite sceptical about it in the beginning, and thought it would be just another many seminars which I’ve attended. I was so wrong... The 2^nd day of the course blow my mind off totally. Around 9pm that night, we were told to form ourselves into groups for a game. Not to give too much of the course away (in case any of you reading this would like to attend the course), this was the night that made me understood “the essence of a word”.

Extracted text from Bucky “I also decided to hold a moratorium on speech. It was very tough on my wife, but for 2 years in that Chicago tenement I didn’t allow myself to use words. I wanted to force myself back to the point where I could understand what I was thinking.” (read the full article below) I am a victim of often using my head to understand something. That night, I finally understood what it means to FEEL the meaning of a word. Let’s think about the word sincerity. How would you convey this word to another person without using any words or objects? You could think of it along the lines of charades, but a much deeper level than that. More than just understanding what sincerity means, one has to feel the meaning of the word- sincerity. It’s amazing how our feelings are able to spread on to others. Even without words we are able to understand and feel what another person is trying to convey.

The change I want to bring into my business is to really feel what I am saying to my clients. Different from other Wealth Management Advisers whom just push products to meet number targets set by managers; I add value into the lives of people cross path with =) “seemingly inadvertently but realistically precessionally”

$3k course for just the above take away is so uncalled for. So I’ll let the flip cards below do the talking of what I feel I’ve learnt and to be applied in my life =)

 the awesome trainer!

and my fabulous team mates =)

Till the next post, count down to christmas!

God Bless <3