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3 Reasons why I switched to Aviva MyShield

3 Reasons why I switched to Aviva MyShield

Like many others, I have an Integrated Shield Plan (IP) to get additional coverage of bills in better wards and private hospitals. With so many insurers and changes going on in the past year, I recently did some homework and made the switch to Aviva […]

How can you get an Early Critical Illness coverage at the cheapest price?

How can you get an Early Critical Illness coverage at the cheapest price?

Early critical illness like cancer or a heart disease is not something many of us might not even imagine being diagnosed with. However, we are bound to come across people around us or even relative members who had experienced this. We have to face the fact […]

3 ways to give your child a head start in life

3 ways to give your child a head start in life

As a mum-to-be, I am thinking ahead of my child’s future in Singapore.

 

Call it kiasu-ism, but as I read Malcolm Gladwell’s Outliers (again), the question of whether success is exclusively a matter of individual merit, made me dwell deeper into hidden advantages and opportunities that some extraordinary people have.

These hidden advantages and opportunities translate to what academics call, “relative-age effect”. It refers to the initial advantage attributable to age, which gets turned into a more profound advantage over time.

As i prepare myself for motherhood, I have identified 3 areas that will help my son realize his potential from a young age.

#1 Inculcate Good Values

Remember the screaming kid along the aisle of Toys R Us? Or the 7 year old boy who refused to let go of his mother’s iphone at the other table? I recall the saying, “Spare the rod; spoil the child”. How appropriate in such situations. Parents need to understand that giving in does not mean ‘loving more’.

Being hardworking, respectful, kind and upholding integrity will ensure your child goes far in life. These basic traits are evergreen and are well appreciated by those with similar attributes. Start by demonstrating them during your interactions with your husband (husbands can thank me later), and child. For example, to demonstrate respect and gratitude, I constantly remind myself to say thank you until it becomes a habit.

#2 Inner Circle

Good communication is always the key to parenting. For example, take time every night before their bedtime to engage with them, asking them how was their day in school. Let them know that you are interested and involved, where you will step in when help is needed. Be there for them, guide them in the right direction and remind them to be confident in everything that they do.

Listening is important because it promotes learning and obtaining the opinions of others matters. The support from family and friends promotes a healthy and conducive environment for your child to grow up in.

#3 Environment

Every school is a good school. A good education will lead to a better career prospect and this starts from young. Every parents dream for their child to enroll into a university. But how many of us are truly prepared for it when the time comes?

In 2030, A four-year degree will cost 70.2% of an individual’s average yearly income, up from 53.1% in 2015. According to a new study by the Economist Intelligence Unit (EIU), tuition fees at local universities have gone up every year for most undergraduate courses since 2010 – A sign of the rising cost of living in Singapore.

Here’s a chart on the rising cost of a four-year university course in the coming years.

Scary isn’t it? You might have heard stories of parents getting caught up with tons of debt. Some parents in Singapore might be unprepared and have to withdraw a portion of their retirement funds as a last resort. 39% of parents wished they had started saving earlier, and 34% wished they had put more money aside for their child’s education. These are the latest findings of a Value of Education survey series by global bank HSBC.

A recent survey also shows that parents are willing to spend as much as $21K per year on university education for their children. It is tough to imagine how one would not have to face any financial issues. That doesn’t have to be the case if you prepare early.

The Sliver Bullet

One alternative is to secure your child’s future early by having an education savings platform. Manulife Educate will ensure you have a greater peace of mind by cutting short the financial commitment that usually lasts for more than a decade. What’s more, this platform can be customized to perfectly meet the needs of your child.

Early planning and saving for education can help your children fulfil their potential and limit the strain on family finances. It is never too early to plan for your children’s future. Simply visit here and find out more.

 

Are you taking your health seriously?

Are you taking your health seriously?

In Singapore, 1 in 3 of us have been diagnosed with cancer over the past 4 years. On average, approximately 37 Singaporean are diagnosed with cancer every day. There are over 64,000 cases of cancer occurrences from 2011 to 2015.  The risk increases if you have […]

How you can get extra $600 monthly cash benefits without paying?

How you can get extra $600 monthly cash benefits without paying?

You can now get extra $600 monthly Disability Cash Benefits for yourself without having to fork out a single cent! How? Read on to find out… What is Disability Cash Benefits and why is it Important? Do you know that 1 in 12 elderly persons […]

A Gold Award With A Golden Experience

A Gold Award With A Golden Experience

Travelling alone has always been on my bucket list and little did I know that I would have a golden opportunity to do so during my stint in PolicyPal. Though I did not have much prior experiences in pitching or competitions, I jumped on the opportunity to represent PolicyPal in Asia Smart Apps Award 2017. With that, I embarked on an exciting journey to one of the busiest and densest city – Hong Kong.

  1. Touring Hong Kong’s Technology Hub

The first destination of my trip was Cyberport– Hong Kong’s technology hub that has established itself as a place offering talents, financial support and strong supporting infrastructure. It is similar to Singapore’s startup scene here. Where there are much government subsidies pumped in to propel start ups’ growth in a volatile and tough environment.

View out of HKTPC Entrepreneurship Center at Cyberport

On the day of the tour, I travelled with other finalists of the competition and visited various entrepreneurship centers within Cyberport. Its Fintech Co-working space was surely similar to Lattice80 in Singapore, housing over 100 startups at once!

Tablets Showing the Latest Mobile Applications and Technology in Cyberport
Touring around their FinTech Startup Co-working space

After speaking to various entrepreneurs, I came to realize many entrepreneurs’ struggle to expand overseas as they venture out of its small domestic market just like Singapore. Hong Kong may seem like a perfect entry point to China’s huge domestic market as it sits at the southeast coast of China.  Ironically, it still has a long way to go as they face difficulties in the China market due to the cultural differences between them and China.

  1. Data is King!

Next up, we went to a place which I was really impressed with. It’s the Data Studio @ Science Park where they create an online platform for public, private organizations to contribute data to develop Hong Kong’s Smart City Solutions. Such a physical studio for data is definitely still unheard of in Singapore! Within a few simple swipes and click, regional and real-time data is presented in a visually-appealing format.

Real time data reflected within seconds
  1. The Pitch!

Time for the real deal of this trip – my pitch at Asia Smart App Award. It is the first Asia-wide contest organized by Hong Kong Wireless Technology Industry Association to recognize the excellence of innovative smartphone Apps.

The pitch is definitely what I remembered most vividly throughout the trip. With a panel of 13 judges holding top positions from Technological Councils and National agencies across Asia, it was definitely a nerve-wrecking experience to pitch in front of them. There were endless questions that were bounced back here and there. I however, managed to keep my cool and manage to answer their questions clearly and convincingly.

Right after that, it was time to set up my booth! Here, I entertained a myriad of people across different industries, explaining the PolicyPal App functions and doing demonstrations. What really wow people was the Optical Character Recognition (OCR) that digitalized their policies immediately.

Doing an PolicyPal App demonstration to guests

After tending the booth and awaiting the results for the whole day, it was finally the Awards Ceremony and guess what?! PolicyPal won the Gold Award For Business and Productivity Category for Asia SmartApps Award 2017! I felt extremely thankful and glad that I did not disappoint my bosses/everyone. It was such an honour to represent PolicyPal to present to over 200 exclusive guests from the startup and Fintech field. I definitely hoped that this has managed to elevate PolicyPal’s branding! What an experience it was!

  1. Making New Friends Around the World

Amidst the learning I had, I also had a lot fun making international friends and even travelling with them. Initially, I thought it would be difficult to mingle around with the other finalists but this experience really took me by surprise. It opened my eyes to different cultures and made me understand how political and cultural differences impact the business environment in other countries through casual conversations with them.

I travelled with two friends I met from the event to The Peak
No HongKong trip is completed without dimsum

Conclusion

If there was anything common I learnt from all the entrepreneurs I met thus far, it would be that grit and resilience is key to success. This golden experience is a irreplaceable one. Hong Kong and Singapore run alongside each other in many aspects with strong governmental support. Both developing its cities into fertile ground for the next unicorn startup. Nonetheless, even with such support, entrepreneurs would have to face a stormy path ahead and only the most resilient can pull through.

To sum up this trip – it was hella a rollercoaster ride and definitely the highlight of the year for me. I’m super grateful for my bosses in having faith in me, giving me this golden opportunity to stretch my potential. I’m definitely glad that I did not disappoint them and believe that PolicyPal will continuously strive to achieve greater heights!

5 Coffee Making Tools You Need To Become The Home Barista You’ve Always Wanted To Be

5 Coffee Making Tools You Need To Become The Home Barista You’ve Always Wanted To Be

Home sweet home. Office suite office. (See what we did there? *grins*) Well, to that we say ‘Coffee, glorious, coffee!’ Who doesn’t love coffee? We drink it everywhere – home, office or even home-offices for those of us lucky enough to work in one. Coffee does […]

3 Things I Wish Someone Told Me When I Graduated

3 Things I Wish Someone Told Me When I Graduated

Graduation season is here once again. Listen to what advice past graduates have for the class of 2017!   Commencement is around the corner and as a fresh graduate, it seems like you’re finally on your own with your future in your hands. Your previous life of […]

5 Travel Hacks You Didn’t Know

5 Travel Hacks You Didn’t Know

Buy your travel insurance through PolicyPal to enjoy up to 56%! Plus, PolicyPal is giving away Grab credits too! For every $50 spent, you can redeem $10 worth of Grab credits (Your purchases can be combined with others)
*Promotion ends on 31st July 2017*

Local internship, International experience

Local internship, International experience

During my summer internship at PolicyPal, I had the once-in-a-lifetime opportunity of travelling to Paris to speak at VivaTech 2017, a french-based technology conference. I was surprised when I was given the opportunity to attend VivaTech 2017, a technology conference in Paris, France. I did […]

3 Short Destinations You Need to Head to This Summer Getaway

3 Short Destinations You Need to Head to This Summer Getaway

Tired of slogging it out in Singapore? Sick of the mundane life in Singapore? You need to get off that comfy chair and start pulling out your passport and backpack! Sitting on the train or bus wondering how your peers and colleagues afford so much […]


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