Friday, March 27, 2015

Never Be Complacent - Lee Kuan Yew in the 1970s

This whole week, Singapore seem to come to a stand still as the nation mourns on the passing of our first prime minister Lee Kuan Yew. The scenes were touching, the support unwavering and the unity is strong. Everyone came or is still coming to express their gratitude in one way or another.

How could one man's death have such a huge impact on a country and even impacted the international realm as well. Former U.S president, Bill Clinton, will be coming with a few other US officials to attend Mr Lee Kuan Yew's funeral service on Sunday. Why did so many people respect him so much?

Photo Credit: Remembering Lee Kuan Yew Facebook Page


This whole week, most of the usual TV programs on all Singapore's media channels were cancelled. Instead, they broadcast documentaries of Singapore's history and how Mr Lee Kuan Yew brought Singapore to this current stage. I've been watching some of these programmes and just a few hours ago, there were a broadcast on Mr Lee Kuan Yew's various speeches from the 1950s all the way to the 1980s. From those speeches, I could really sense his heart for Singapore and his concern for the people of Singapore.

So many people have came to queue up just to pay their last respects to him. People are queuing up for up to 10 hours just to personally pay their respects to him. This is really amazing.

Photo Credit: The Straits times



His Worry For Singapore and it's People

A few issues were brought up in his speeches. Low birth rates and low marriage rates were among the problems that had to be resolved. In 1975, 10 years after independence, there was also complacency seen in the people of Singapore. Life was better, spending habits have changed where people are spending more money. He was worried that parents would pamper their kids too much and spoil them in the process. In 1975, he urged the people not to be complacent and not pamper their kids too much just because they could afford it.

Every year from 1975 onwards, he keep rallying the people of Singapore together and reminded them how far they had come. He keep asking the people of Singapore not to take things for granted as they could lose all these in a very short time. In the late 1970s, he said the current generation have not experienced an economic crisis before but they will experience it soon in the 1980s. He warned and prepared the people for it. I guessed such reminders were taken to heart by Singaporeans back then as Singapore grew even stronger after the crisis.


The Most Touching Speech in 1980

The most touching speech I saw was a PAP rally in 1980. This was the scene which most of us would be familiar with where Mr Lee Kuan Yew said

"This is not a game of cards, this is your life and mine. I've spent a whole life building this and as long as I'm in charged, nobody's going to knock it down". 

What I did not know was what he spoke before this familiar scene. I was watching the whole 20 mins rally and realised he was speaking in the rain.

The rain got heavier and heavier and he was wiping the rain water off his face with his hands as he was speaking. His shirt was all wet. The people who were listening to him speaking still stayed on listening to him in the rain. The other PAP members sitting behind him were in the rain too without umbrellas. Their shirts were also wet and throughout the whole speech, I could see those PAP people behind him also wiping the rain water off their face and some took off their glasses to get rid of the rain water. This was the kind of government which Lee Kuan Yew led and the kind of people we had who could endure and stay united together.

Below is the video of the whole speech. The particular scene is towards the end of the video:



A Frugal Man with a Simple Life

Apart from the firmness and ruling with a iron fist which we know, Mr Lee Kuan Yew was actually just another simple man with a simple life.

I read on the New Paper yesterday that his frugality was well known in Tanjong Pagar where he served the residents for the last few decades.
I quote: "He maximised all resources available and there was never any wastage. Where there was no need for resources, he would never put any there." 
Mr Lee also lived in a modest home. His house is still filled with olden days items dated back to the 1970s and the house remains largely unchanged as compared to the multi-million dollar, multi-storey bungalows that sprang up around it.

You see, a man with great stature and still lives humbly shows that he doesn't need to prove anything. He has got no need or desire to show off what he has achieved. Yet, he has gained the respect of many by staying humble and passionate for a good cause.


The Love Of His Life

As we all know by now, Mr Lee Kuan Yew loved his wife a lot. The death of his wife a few years ago was devastating for him. When his wife was bed ridden but still conscious, he would read to the love of his life every single day. Defence Minister Dr Ng Eng Hen said when he was travelling overseas with Mr Lee Kuan Yew for official duties, he still never fail to call back to his home and read to his wife everyday.

Below shows a very touching video of the soft truth of Mr Lee Kuan Yew:





What Can We Learn?

It is heartening to see so many people showing their gratitude to a man whom they may have never even met before. The once often negative landscape of the social media has transformed into a place where people show support and gratitude. I'm sure we are much happier when we think about how fortunate we are to live in a country of peace and prosperity instead of complaining and sinking down into negativity. 

After studying economics in university, I know a country's success or failure does not come by chance. It is the deliberate planning and policy implementations which made Singapore to where it is today. We should never be complacent and take all these for granted. The future of Singapore will depend on all Singaporeans, whether we are still united and stand together as one people and one nation. A divided nation can never survive long. 

The reason why we can live in harmony with each other is because an identity has been built painstakingly by our founding father, Mr Lee Kuan Yew. We should never lose this Singapore identity and I'm glad that we are showing the whole world the strength of our unity at this current moment. May Singapore be an ever greater nation for many generations to come. 

Rest in peace, Mr Lee Kuan Yew. 

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Wednesday, March 25, 2015

Do You Really Need A Financial Advisor?

In Singapore, financial advisers are often associated with the insurance industry. My first encounter with a financial advisor was when I was still a student around the age of 19. I was starting to get curious on financial planning and wanted a higher interest rate for the little money I had in my bank account. You see, many years ago, the interest rates the banks gave were already at a low of less than 1%. One day while I was walking on the streets, a financial adviser approached and asked me whether I'm interested in a plan that will give me 3% (more than 3 times higher than the bank interest rates), it naturally got me interested.

Throughout the years, I've met more than 10 financial advisers from many different companies. Some were good while some were not so good. Some were so well trained in their sales pitch that I've heard different advisers saying the same thing. I started doing sales when I was at the age of 16 so I could recognise that it was just a sales pitch right away. Even though its a sales pitch, one good advise that I constantly hear is that we should have protection before investments.  It is true that insurance is important for us as well as our loved ones.

However, over the years, I've heard some friends saying they were having a hard time paying for their insurance premiums because they bought too much. Some even had to cancel their insurance policies and lose money just because they couldn't keep up with the payments. Having a wrong financial advisor can be disastrous. So, do we really need a financial advisor?

Buying Insurance Online? 

I thought to myself, what if I could buy insurance online? This is possible now with Do-It-Your-Way-Insurance (DIYInsurance), a web portal by Providend Ltd. The web portal allows us to compare different insurance products from different companies and they provide 30% commission rebate on all purchases when we buy from them.

The good thing about this web portal is you get to learn all about insurance and compare the different insurance products all at the comfort of your own home without having the pressure to buy. They are also licensed and regulated by the Monetary Authority of Singapore. Let's see how DIYInsurance works.

How DIYInsurance Works? 

With DIYInsurance, you have full control over your insurance purchases. The comparison tool gives you access to a wealth of information on a wide range of insurance products in the market, and you are free to compare and choose the lowest premium or best value product for yourself without any pressure from a salesperson.


Compare & Request Quote Online
Use their comparison tool to find the product you feel best suits your needs. Request for a quote from them.

Personalised Consultation
They'll call you to provide you with cost information and answer any questions you may have about the product.



Get Help with Documentation
They'll assist you with application forms and documents required and submit them for you.


Receive Insurance Policy
After the insurer approves your application, you'll get the policy contract via mail. They'll also return you 30% of the commissions they get from the insurance company, where applicable.


Educate yourself on Financial Planning

What I like about DIYInsurance web portal is they also provide educational materials on financial planning in the form of infographics, articles and videos. 

This life stage planning chart shows us clearly what insurance we need at different stages of our lives:



They even have various calculators for protection, for savings and for retirement for us to plan our financial life better. 

Check out some of their educational videos on financial planning here.

With DIYInsurance, all of us can be financial advisers for our own life and decide on what we want without any pressure. You still can get quality financial advise from them any time when you're not sure about any products. From what I know, their staffs do not have any sales incentives so you won't get pressured to buy anything. You get cheaper insurance but at the same time you also get quality advise.

Check out their website and start your own financial planning today!

DIYInsurance Website: http://www.diyinsurance.com.sg

*This is a sponsored post by Providend Ltd

Sunday, March 22, 2015

Singapore Will Survive - ‪#‎ThankyouLKY‬

For the past few weeks, Singaporeans have been coming together to show support for our first prime minister, Lee Kuan Yew who is still warded in the intensive care unit of Singapore General Hospital. As a Singaporean myself who was born and raised up in Singapore, I do respect him as a founding father who brought Singapore to where it is today.

As a student growing up in Singapore, I heard of this great man who fought for the independence of Singapore. Despite all obstacles, he still believed that Singapore will survive even after the separation from Malaysia in 1965. That was the familiar scene where we see Lee Kuan Yew shedding tears on TV.

He was the person who transformed Singapore. During the youth Olympic games in Singapore a few years ago, there were many foreign visitors who came to Singapore for the first time and they were greatly impressed by the peace and prosperity here. I remembered a guy from Europe approached me on the MRT and told me how impressed he was with Singapore. There was a young school girl probably at the age of 13 or 14 travelling alone on the MRT and he was very surprised that kids are safe to do that here. He said in his country, it is too dangerous for children to travel alone.

Singapore is a multi racial country. Throughout the past weeks, I've seen people of all races come together to show support for him. There is a sense of unity that we as Singaporeans want to express our gratitude to this founding father. We want to wish him well. Somehow, we know that Singapore would not be where it is today without him. People of different religions also came together to pray for him. It is a scene which our pledge recites:

"We the citizens of Singapore, pledge ourselves as one united people. Regardless of Race, language or religion...." 

A Facebook page called Thank you Mr Lee Kuan Yew has been set up and currently has more than 74k likes. These were the images which were shown on the page

"Overflowing with well-wishes from Singaporeans, young and old. A truly heart-warming scene at the steps of the Quad, outside Kopitiam"





As a blog based in Singapore, I want to show my support for Mr Lee Kuan Yew too. I've complied a video which shows how Singapore survived from independence to today. It is the brave words that said "Singapore will survive" and the vision of Mr Lee Kuan Yew to see it as a metropolis which made it into a reality.   


Singapore will always be my home. Let's all stand united to give Mr Lee Kuan Yew our well wishes. ‪#‎ThankyouLKY‬

*Mr Lee Kuan Yew has passed away peacefully early morning on Monday (23 March).

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