Archive for the ‘Singaporeans Only’ Category

The Reasons I Joined The Insurance Business

Tuesday, December 19th, 2006

Gosh, ever since I told my friends that I’m in the insurance business, a lot of them started looking at me as if I’m trying to sell them something. It’s not really their fault, considering that I personally had those thoughts about those people too.

Then why did I join the business?!

It’s not about the money. There are much easier ways to make money, but insurance truly isn’t it. It has so much hassle and bad rep that it’s crazy to think that anyone would buy any type of insurance except from trusted friends. Even then, no one truly thinks that it’s necessary, or barely anyone knows the financial limits of certain policies and such.

People die all the time. People get sick all the time. People would always want to afford the best treatment but in reality it’s probably out of their grasp.

That’s why I joined this business. I wanted to learn more about the inevitable and how to prepare for it.

A lot of them don’t understand. They are like, “oh, I’m already holding unto 4 policies” but they don’t know what those policies can do. Maybe they even think that one policy is more than enough and encompasses everything that might happen to them. Or perhaps that one insurance company looking after their interests in more than enough?

I hope to educate and to share my knowledge to all who are willing to learn. Learn about how they can save enough money to get married, have a child, retire. Plan for themselves a financial route so that perhaps they can retire early and enjoy their money while they are young.

I’m not in it for the dough. I’m in it for the learning experience of sharing information with others, helping them with their backup plans. I’m here to dispel the misconception that every insurance agent is out there for your blood and money, and that there are those who are there to help.

After all, my money-making ventures are made online. ;)

I’ve Started…

Tuesday, December 19th, 2006

I’ve started my first blog on this website, but I left it alone for a week because I had no idea how I was going to begin in my first post.

You see, I strongly believe that if you’re going to start a blog, you better be darn sure that you’re leaving a good impression on the people that come to visit. Sounds like quite a hassle, but I’ve got so much I want to share with the world, I have no idea how else to do it.

So did I figure out a fantastic way to start this blog? Yes I have. And it’ll start with a Singaporean movie, Singapore Dreaming.

This touched my heart for two reasons:

  1. I am Singaporean after all, and all those matters discussed in the movie are close to my heart.
  2. I have just embarked on a career as a financial planner aka insurance agent. :P

For those who aren’t quite familiar with the Singaporean culture, let me just give you a brief run through of what our lifestyles are like:

  • We go to school, and always aim for the top, be it colleges, universities, etc.
  • We get out and start looking for jobs.
  • We work at our jobs and then find things to complain about.
  • We pray and pray to strike the lottery but never do. (some don’t even buy the lottery and yet they pray to win)

Maybe that’s pretty much life everywhere, but I must say that we do complain a lot, even though our lives could’ve been much worse. We strive and strive and we are barely happy.

What would I want to accomplish with this blog?

I want to share with people what I have learnt about money, and perhaps to learn a little more about money from kind souls who are wandering around the internet. I make no claims to being rich and famous, nor would I want to be (famous that is, I would love to be rich!). Knowledge is key in our information age, and that is what I hope to share.

A forum will be set up soon whereby membership will be free. Monthly Newsletters will be sent out as well to reach as many people as possible. Knowledge is power, and we shall be as kings!

Here’s to our journey together! Cheers!