do do you know much about investments because like for me right, , my impression of investments is like something that only rich people do to like accumulate wealth but like people who are just living normally don't do what about you do you know, much about investments ah


when you have a stable income lah, yeah I would say that first we should like


maybe they should definitely know how much like, know how much money they would need for what they want to get lah and like, determine, also determine how much money you need for your basic necessities like every month so like you can


roughly gauge how much time you have then you can like plan properly with having a timeline and stuff I guess that's just like the easiest way is just plan properly with your partner and like have, a good timeline what about you yeah


I also say like for starting a family right you should like, , think forward like for example if you want to have a child for my parents they actually thought forward and were even when I was just born they started putting in savings for me for when I go off to college so right now I don't really have to


worry much already because they already started savings since I was born, so maybe that can be something like new families can think of doing, ah yeah I think


the biggest thing that you have to do like before and after marriage is like, communicate well with your partner I think, about the financial commitments, that you have to do together for example like house bills groceries and having children lah you need to like, split like discuss


how you want to split the bills, so it's easier to like have like a financial plan lah yeah yeah so


err okay so like I was actually working part time for a year like, before until mid february where like COVID strike lah then, because of that I wasn't able to, work already so like having experienced first hand like the effects, of COVID I'm definitely


now I'm more thrifty and frugal with my spendings, and like I'm more, disciplined in ensuring that I save at least a bit of money like every month, err from my allowance that I get from my parents ah yeah yeah I think it's still


but can you guys hear I think if you guys cannot hear then it should be okay right, uh no no err wait I mean err I can't really tell eh


I mean there's only one person downstairs doing it I'm not sure how long they will take, so yeah so so sorry where were we yeah yeah okay so like sorry go on I


I actually haven't heard of this until like recently and I, went to read up about it, and then it's basically just like, having, investments and then, retiring early right but, I think it's a good mindset to have like when making your financial decisions but


at the same time and in most context I don't think it seems, very possible , because as for most of us like the money we make is like just enough for basic necessities and like occasional holidays and luxuries, and like, furthermore many singaporeans like we we already rely on our CPF


as like our auto saving, and would, wait till the payout, uh at, age sixty five to retire lah so, I don't think after, having CPF right singapore singaporeans wouldn't want to like


fork out more money for retirements cause they already think CPF is enough you know what I mean, actually I don't know eh like


for someone, who is in debt, it kind of depends on the situation I guess we see if they are actually trying to get out of debt, because some people like they think oh we can keep paying later pay later then they will all accumulate right then there's nothing much you can do for them because they won't listen


but other than that I'm not I'm not sure, what advice you can give, do you have any advice


and like maybe downgrade their lifestyle a bit lah so they can get a bit of money to pay off the, debts yeah


then like what's your opinion on like credit cards do you do you have one, or do you think people should have credit cards


yeah yeah I absolutely agree with you because I, for this question I asked my sister, my sister is twenty six years old also, I asked her if she has a credit card she said no and then I asked her ah and then she said oh because, err debit card is really good enough like, even if you spend a lot in


for your debit from your debit card right, the worst that can happen is your bank no more money but then if you use credit card and you spend a lot the worst that can happen is you end up , with like, buried in loans that you cannot pay, for like maybe the next few years yeah and then my in yeah in my opinion lah it depends it really depends on the individual's


family and spending background I guess as well as their financial situation like if someone has like a steady source of income and good discipline in paying off the card debts on time then yes they should and as the credit cards also like they have their own perks lah like cash rebates and rewards points and


banks and like banks also refer to their credit card users history to assess them if they're eligible for like bank loans so like credit cards do have their perks but I guess their cons actually outweighs the perks lah if you have no discipline in paying them in time


yeah just live within your means right, don't go overboard


actually I don't know much lah because I'm only eighteen also but, maybe like off the top of my head probably just plan like you know your, plans for retirement like do you want to travel your travel the world or do you want just want to relax in singapore


and both, have different financial needs, lah so it will be good to determine, what you want to do early like right now so you can plan and have enough savings then by the time you retire already you can straight away just do whatever, you want yeah


yeah and make sure all your loans and debts are paid off before you go and enjoy , yeah


I think it is indeed singapore's one one of singapore's smartest move lah because it is in a way like forcing singaporeans to save money and contribute their savings for future use yeah how about you


yup


actually I don't know eh how do you manage your CPF savings because I thought it's just like you work and then like the government will take like twenty five percent or something of your salary and then put it in but I don't I I didn't know that you can do something with your CPF savings


yeah but also about the CPF thing right I think that the fix CPF payout age of like sixty five years old can be changed cause like since it is our money anyways and I feel that whenever we decide we want to retire we should be able to withdraw our contribution


yeah but I think the government is just worried that we would like overspend our contributions but like maybe to ensure that singaporeans don't use their CPF payout irresponsibly maybe like they can implement like a limit to how much you can withdraw in a year so that it's their it's done in moderation lah


negative experience


okay, hello , okay well


there wasn't, like a specific time where I felt that nobody cares about you it's like , different different, times where, I've I think that does anybody not care for me but it's mostly because err


I like I said before like I didn't really have uh a lot of friends like close friends so I felt, that I didn't have anyone to talk to about my problems , and uh, as much as I'm close to my family right my family is the kind to like we stay away from each other when it comes to like personal stuff when it comes to negative stuff like we share all the


happy stuff but negative stuff we keep to ourselves which is why I felt that no one really cared about, me feeling sad or me going through something because no one ever asked me that was most of my life up until I entered polytechnic where I met my best friends ah ya what about you


okay


the most heartbreaking moments in my life is, when I've tried to


I've tried my best to put myself out there and like befriend people but, it's just I always tend to make a fool out of myself because I do the most embarrassing things and I say like the worst like how to say I say very embarrassing things that will like have people have a bad first impression of me like like I would say that I'm


a nice friend lah but a lot people don't get to see don't get to see that because , that first impression of me is always oh , she looks very cold she looks very mean and like they don't make an effort like I've tried to talk to them before and like make friends but


they have this impression like ingrained in their brain that they didn't even give me a chance to like express myself so that happens a lot especially in the times where I wanted to err make friends, so it has really sometimes affected my self esteem and affected my social anxiety and it's really heartbreaking lah how about you


so they just judged you based on one look and then they walked away , yeah it's very mean I'm so sorry you had to go through that


, yeah well okay err maybe like, you can tell, us some of the hurtful words that someone said to you that you wish you could forget


err for me, I don't think like anyone that is around me other than my family actually dares dares to, say anything hurtful to me because they tend to have this very it did they have to have they tend to have this impression that I am


mean lah so they don't dare to say these kind of things but the it's most hurtful when this kind of things is said by your family so like one of the things that I wish I could forget was when my mum told me , if you could eh sorry she said something along the lines of if you actually worked harder and if you actually tried to tried harder you would actually be pretty


like she was yeah she was saying that because I was kinda like overweight kinda and then she said like actually you pretty but then you never try hard enough then like, I know she said it in a way to get me to like be healthier but, she say until very hurtful then like I thought about it for a very very long yeah I wish I could forget it lah cause


even now when I'm not so overweight lah I tend to still it's it's still lingers in my mind you know it must been it's been a few years already


yeah, okay I a time, where I felt betrayed okay it was like a few years ago and it was with


my two different groups of friends and apparently one person in that group likes me but then I didn't share the same feelings so afterwards like they decided to like like the person decided to


turn, my friends against me because I couldn't accept their feelings which is which is very stupid, yeah and I felt very betrayed not by him but betrayed by my friends because how could they like listen to him instead of listening to me yeah but then again it was like it was like secondary school lah so everyone


has not matured yet so but I felt very very betrayed by my friends ah what about you


!wah! that's why I have trust issues don't anyhow tell people things , okay, I don't have like and I


don't have like one experience that is very sad, but I feel like, the period where I am feeling sad a lot of times would be like right now actually, because of I have a lot of things going for me like my GPA is like not going very well


and I'm very worried about my future because my my because the field of work that I want to do is like more in the film industry so , and it needs a lot of portfolio like it need needs a lot of experience but with circuit breaker and COVID right there's no filming going around so I cannot do anything for my portfolio


and I'm just yeah and I'm just worried about my uni and there's this guy that I like right now but he's not replying to me so I have a lot of things going on for me that I feel like every night when I go to sleep right I will think about at least one of these things then I will feel sad yeah


as yeah, especially because you are home a lot of times right so you have so much you have so much time to like think about all the negative things, ya


(hmm)


yeah yeah


hundred percent agree with you everything , yeah, okay so like is there any like popular trend that you dislike


for me right I don't I don't know if this is a trend but in the, in overseas I've been seeing like you know designer brands actually coming up with face masks, so like there's like LV brands face masks gucci face masks dior face masks and then I see then I'm like what is the point of having a face mask that's like so expensive when a surgical face mask works better than all of these face masks and I think this trend is


very very useless and it's just capitalism it's like milking our money and I just think it's yeah it's just damn funny that there are actually people, who are actually willing to buy these kind ah these face masks yeah it's just mind boggling in my opinion but yeah


people let people do what they want with their money I guess , yeah


it's not yeah it's not a fashion statement


yeah


, okay the first thing that came to mind was during my O level period I felt like giving up very close to my O level days because uh my I was


because I've never had I haven't, broken down until like the last few weeks of err before O levels and then I just I just did my practice papers and then I just started crying and I just wanted to give up because I was so tired but then yeah I just I have


my friends with me lah then we will always study together then they will always be there for me to like !hey! we're nearing the end already so I'm just grateful that during the O level period I wasn't alone if not I swear I would have like stopped studying already sia, yeah


yeah O


done, positive experience, okay so <P2>shriya</P2> can you tell me like


what are some of the small things that make your day


, for me like especially recently right since the circuit breaker period since like we cannot see our friends like I always see on instagram like friends sending each other food and like sending each even my friends started sending each other like, mails like how to say like hard cover like actual mails and letter and it is very cute cause like it's sad that we cannot see each other but then it's err very heartwarming to see that we all


still care for each other and like we will go through lengths to like make each other happy during the circuit breaker period, yeah (ppc)


, when you talk about sacrifice I think it's just time like I have, sacrifice a lot of my time for my friends and my family and I think for I think like personally time is like the best thing that you can sacrifice for someone like I would sacrifice


my time to be with someone when even when I'm tired or anything even like if they are not feeling well if they need someone to talk to I will go to them lah and it's really worth everything because knowing that my friends are like


they need me and then I'm there for them it's yeah, what about you


yeah I totally agree with you kay could you like describe like the best, TV show or movie that you have ever seen and what do you like about it,


the family values ah for me recently I've been watching a lot of K dramas and I think, like yeah and I think like one of the best ones that I've seen is it's called it's okay to not be okay it's actually about yeah it's actually about this


this author and she when the, show starts it actually shows her as being very cold and very err, like just not socially inept right so actually it the show actually it focuses err uh very deeply about each character's mental health like one there's one character that


has autism and one character the main character which is err the author she actually had some childhood trauma so which made her to be the cold and mean looking person she looks like today and there's another character


the he plays the brother of the autistic character lah so it shows how he had to be happy all the time but, actually cause he always had to take care of other people right so


yeah it actually showcases err very deeply the err how to say the it's just very deep lah and it it doesn't only err show just the romantic side of the show like how most K dramas are


but they actually go in deep about the childhood the problems and it actually made me cry a lot of times lah and I think it's really good , because of the representation that it gives to people who go through mental illness and autism and stuff like that


, yeah


okay so I have two best friends , I think why we are best friends is because we are very wacky in a way , we just don't fit in with the rest of the crowd which is why we stuck together as the three of us and that's one thing we are very wacky


then another thing is that we are very, forward thinking, the three of us I feel we are constantly talking about our future, plans and stuff like that which I really like about them and maybe the third thing is we love food because like every time we go out we will find the best food place we will go to buffets we will go to genki sushi lah we go to like like


we wouldn't mind spending like twenties or thirty dollars on food because the three of us just are big foodies what about you


that's that's very heartwarming , okay so like, one place I have always wanted to visit since I was little was


LA in the USA because I have always been a big fan of like, singers I was very into pop culture and like I know like hollywood movies always show like the hollywood walk of fame you know the one with all the err artist name on the floor and the star


yeah I've always wanted to go there and people always talk about how in hollywood you always like bump into some err artist or actress and I always want to go and like see for myself if that's true what about you


oh so you have family in thailand ah


good okay (ppc)


, three things that I am most grateful for I think the first thing that's I am most grateful for would be my family of course cause like, they've always been there for me since day one and they've taught me a lot of good values and I don't think I can live without my family lah


and secondly will be of course my friends like I really love my friends it took me a while to like find my the best friends that I have today because previously I don't really have best friends I only have like normal acquaintance and most of the time I'm just by myself so I'm very grateful for them I'm very grateful that I found them like last year


, oh yeah the third thing would be I would say singapore I guess because really, the COVID nineteen has, really opened my eyes and like made me very grateful that I'm living here in singapore and not like


other countries who where, COVID has like , literally ruined them so I'm just grateful like we are very safe and like our MPs are also very nice and it's very it's very clean and I have never felt, unsafe in singapore before so I'm very grateful for that what about you what are three things that make


yeah


okay


err okay err three things that I admire about my best friends is that they are very intelligent they are very very smart people and we will always discuss about like, politics or like just you know like science and future stuff which is why I am


which is then they always teach me new things so I really like that about them , second thing is they are very, talented like, they are really very very talented like one of them is an illustrator and she can draw very well so every time when I look at her work I'm just in awe and then my other friend is


he is a very good photographer and videographer so err he has a photography account so like whenever I look at his account it's just I'm also in awe so I love my friends for being intelligent and also being talented , and the three things that I admire eh what the last thing that I admire about them is probably their


err, endurance to put up with me because err out of the three of them I'm the most introverted so it took them awhile to actually it took me awhile to get used to them so like I think for the first few months of our friendship right I was just like saying one word answers to them and the fact that they actually


the fact that they actually like endured it until now I'm I admire them for that what about you


yeah that's nice , , I think I'm very boring lah like whenever I feel stressed I will play tetris on my laptop it's either I play tetris or I will just open netflix and I eat


noodles to relax because there's not much I can do like going out is very stressful for me because I have to dress up so it's not relaxing at all so to me relaxing is just staying at home playing games watching netflix what about you


err I think can already


fix fixed already yeah all good, part one finance


alright <P2>percent</P2> so today I guess we let's talk a bit about finance ah since I mean I have my own finance page I just thought maybe it will be quite interesting if you can like uh discuss a bit on personal finance especially since we are like in university and the next stage of our life is going to be in


err in the working uh working life and we have to start thinking about our financial plans ah when we leave how we're going to pay off our loans how are we gonna do err how you going to plan for our BTO or uh marriage or even our retirement so , uh perhaps maybe you can share with me like uh what what err sort of strategies or what what sort of ideas do you have in terms of uh financial planning what are your ideas of of financial planning ya


err err alright aright, err for me myself I'm already am I already have my own uh savings fund so like uh as uh like the most important thing I find in for personal finance is the first thing is to have your emergency fund so like if


I'm not sure if you know but an emergency fund is like a three to six month buffer for your uh spending in case like for example you lose your part time job for example maybe is the downtime of your job and you need some income to, to sustain your spending so the first thing that I I have is already a savings fund that's completely liquid inside my uh inside a savings account that's that allows me to withdraw whenever I need to


access the cash immediately secondly like as you said about insurance I feel like insurance is actually quite important for myself I'm uh insured under AIA I got myself recently insured for a critical illness, because ah the they're recently changed out the definitions and I felt that uh since I'm young and that uh the premiums are still relatively affordable for me because uh I have my own uh income


I thought perhaps maybe it's time that I considered taking up a critical illness insurance under a err one of the companies yeah as you said like about insurance I feel like insurance there's there's, more than just critical illness there's also other forms that perhaps more most people are not aware of or the layman is not aware of yeah such as like say disability personal accident insurance err also there's uh hospitalisation and I find that


insurance is actually quite important to the individual because, you will never know when's a certain accident or a tragedy happens to you and you need some form of coverage uh yeah perhaps yeah maybe you can share with me why you feel like uh you don't really need to know about your insurance plans maybe that that that you can start from there


perhaps ya ya that's that's that's interesting, alright so my investment journey actually started out err quite


young I first started out uh reading about investments when I was about sixteen, so back then err I learned about the very very basics ah and how to start a investment portfolio because back then I only had a very small capital and that was only because I saved up money from my pocket money as well as err did a part time job during my


school holidays and I just wanted to wanted to put my money somewhere because I'm not really a big spender so I started learning about the basics of investing and one of the things that uh got me started was uh in the exchange traded funds so perhaps maybe I can enlighten you a bit about exchange traded funds


uh they're like a basket of stocks or just a basket of, stocks that that are available to you and you can buy it as a basket and you'll own like a, a bit of every single company inside the basket so I I started out from there and then when I went into NS I got exposed to stock picking by my friends who were just picking their own stocks and actively managing but I don't I didn't feel like I was ready yet so I moved on to robo advisors and I moved away from the


ETF uh exchange traded fund investing then from there I had like a short stint for like one year inside robo advisors to build up my knowledge pool of regarding stock picking and then only earlier this year did I actually properly start to pick stocks on my on my own


and as and I have not err turn back since uh because for me like I believe investing is a long term game and you shouldn't be able you shouldn't be looking at just short term short term gains lah because at the end of the day investing is


more for building your wealth and probably for for building generational wealth so we shouldn't be looking at short term swings in, prices to just profit off of them ya err maybe perhaps what you can share with me is err do you have like any sort of err okay perhaps maybe since you're not that well versed with investing yet maybe you can share with me how you decide on a budget like when you say you take home like your your part time ah income how do you


decide to budget the income whether to save to to spend or how you decided on those uh percentages ya,


alright okay okay, so for me I don't really have CPF money because my part time income is from tuition so there's no CPF deposits there so for me I take home whatever I earn and in terms of CPF money right now is only from uh NS whatever


err awards they call it home awards, so they give us some extra money there for us to spend it on err on either investing inside our retirement account or your special account or we can use it ah under OA to err to pay off our education uh education lah so for me what I did was


uh since I think NS gave us a small amount uh for us to use I actually used it for school ah I'm I'm using it currently to pay off, for the ah sorry not miscellaneous I'm using it to pay off for my summer modules which are separate from uh tuition loan the CPF tuition loan that I'm taking it taking right now so it helps to reduce the amount that I will need to pay back over time lah because I'm cutting down on the number of semesters that I'm spending in school but I'm only using my


CPF money to pay off of it so I'm not directly uh paying it with money that I have on hand right now uh but, perhaps you can share with me like are you take for for your university tuition fees are your parents paying it via CPF loan or do you know how how you how you are paying


correct correct said that's the same exact idea that I have right now that's why I'm also using my ordinary account but do you know that if you take a CPF education loan it might not necessarily be cost uh effective compared to taking a bank loan although the CPF uh okay so actually the CPF loan is about two point five


percent per annum because it's pegged to your ordinary account bank loans are usually pegged to your err to four point seven five, per cent which is the commercial rate for for the education loans but the reason why err the CPF loans might be more uh expensive in the long run is because the interest starts to be charged from when your first withdraw the amount so for example in our first year or year one sem one


uh when you when you've paid for your first tuition fee already you have already incurred interest from that point so your two point seven five uh sorry your two point five per cent per annum already starts from that point, whereas if you were to take a bank loan and say I go to so and so bank and I withdraw a certain uh sorry and I ask for a certain amount to cover for my loan the loan interest will only kick in when I graduate so I will have a buffer of three to four years without interest and that's


uh that will actually give you a opportunity to actually pay, lesser interest in the long run assuming that you pay off the the loan in a shorter amount of time so an example will be say if I borrow uh thirty thousand or forty thousand to finance my university loans from


CPF versus the bank if I were to take less than three or four years if I'm not mistaken you're actually paying lesser, interest if you took the bank loan than if you took the CPF loan because the interest for CPF accrues from the first year that you uh withdraw


ya something something maybe you you you can uh maybe you you you have you wouldn't have thought ah yeah you wouldn't have considered but uh I mean it's it's alright, okay so for there's a few reasons why CPF loans are still more favourable over the bank loans because for the first uh for one thing the bank loan


is uh you you'll need a guarantor so if your guarantor if he if you cannot uh or you are unable to find a guarantor uh the bank loan the bank won't give you the loan uh essentially because there's no one to guarantee in case you default on your loan however in CPF you are


essentially borrowing it from someone who you you are able to choose to waive your fees, so for example if I take a loan from my parents, and my parents deem that I don't need to pay them back they are they have the option to waive the fees, or waive the the loan itself so I don't have to pay back the amount that I owe them however uh even if if I don't I can choose to prolong the I can choose to prolong the repayment period ah for I think a few months


if say I cannot get a job upon graduation because usually repayment will start right upon graduation and uh once you have a job you have to start paying that your parents but CPF gives you that leeway to pay off when you don't have the job yet yes, so that's that's that's a few benefits of the CPF education loan err maybe perhaps moving back towards ah other forms of loans do you have any form of credit cards or debit cards that you use on your daily basis


alright


yup that that's err pretty much it works yup


yup


interesting , yup yup, exactly spot on about err debit cards right there for my, self actually I've been considering to take up the DBS uh student uh fresh card uh fresh credit card because they gave us they will uh give us a five hundred dollar uh credit limit so why I find credit cards are important especially for


people who are financially responsible is that it helps you build up your credit score so let's say for example you need to take a loan maybe for renovation or you want to take a loan for a car they will need to depend on your credit uh score in order to for you to access the loan and it's best if you build up your credit score as early as possible so that you can gain


access or you can get a good credit rating uh as quickly as possible and why I also, feel that credit cards are good err good uh instrument for those who are financially responsible is that it gives you cashbacks okay you can get cashback on spending and you can also get rebates and some of the credit cards can give you uh miles air miles


that you can use to redeem when you want to go flying lah but of course, now we don't see any flying because of COVID so perhaps yeah ah but yeah it's something for for you to take note of and there are student credit cards available in case you don't know but of course you have to use them uh wisely because uh compound interest is a thing so uh maybe do you know anything about compound interest


not really so compound interest they call it the eighth wonder of the world and the reason why they call it the eighth wonder of the world is because it's you either benefit from it or you pay and it's important that you know ah the effects of paying it so let's


say if I compounded uh let's say I'm take a credit card loan okay and the interest rate on a credit card is actually around twenty five per cent the APR so if you don't pay off your credit card bill by the end of the month if I'm not mistaken your bill will go up by twenty five per cent just based off of interest alone


so what does this mean is that you okay let's say if I borrow one hundred dollars from the bank, okay how long will you think it will take for me to end up paying double the amount, just based off the err interest alone it's not just a few months it's only three months because actually lesser than three month about two and a half months for me to actually end up paying or the the amount to balloon from one hundred dollars to two hundred dollars just purely on interests alone because this uh due to the law of seventy two so


in case you don't know what's the law of seventy two is actually uh what what it is is essentially how to measure how fast it will take for you to double the amount that you pay or the double the amount that you get depending on whether you're earning interest or you're paying interest, so for example if you are paying interest and the percentage is twenty five percent all you have to do is just take seventy two divide by the uh interest rate and then will give you the number of


time periods in which you it will take for you to double and since twenty five percent is on the month, twenty five percent times uh twenty five percent is per month so if it takes about two and a half months then it'll take sorry two and a half time periods then it will take you two and a half months for your err that one for your credit card to balloon in terms of the the amount you have to pay and that's why it's important to remember to pay off your debts and not pay off uh the minimum repayment amount because


if you keep paying up the minimum repayments the interest will often outweigh the amount that you are paying back and you will carry on this debt maybe for years and maybe even ah when you die or when you pass on it will still carry on that credit card debt that you have not yet paid, yeah uh yeah perhaps you got any questions for me regarding finance maybe I can share


alright (mmhmm), so for myself I started with uh trading err sorry I started with investing through ETF and when I first read about


investing there were a lot of people telling me that [orh] it's akin to gambling okay you you might lose all your money and is because either uh they have been misinformed or they have uh they have been err not really well err they didn't conduct their research when they did, uh investing and investing uh requires


some research when you go into you don't just go and buy a company just because people say is good you buy a company or you want to buy a company or buy a business because you believe that this business can be sustainable and can grow or expand in the long run however when we look at gambling right let's say if you play poker or we play some form of a gambling game


when you put your money in you're leaving it to pure chance and you are often unable to control the odds of the cards that you receive, for example like if I play poker and I and I being dealt with certain cards I'm not able to control what card is going to come out and the second reason why I say it's not akin to gambling is because gambling you lose when you when the game is finished however for investing alone you don't lose


because there's no game to be finished you only lose when you sell out your stock at a loss okay so for example if I bought say a coca cola share at fifty dollars right now and tomorrow let's say it drops in price to forty five dollars, it doesn't mean that I lose five dollars right now because I still own that one one share of coca cola I only lose my five dollars if and only if I sell my share that at that price assuming that I hold my share of uh coca cola and the the following week it went it went up to a price of say


fifty five dollars then in that case I'm making five dollars but I only make that five dollars when I sell the share itself so you only actualise your gains when you buy uh sorry when you sell the share itself, so is slightly different from gambling where you don't control when you lose your money and you don't control the odds of you winning whereas for investing you can control the odds of success by increasing it using your research techniques


or you can increase your uh sorry and you can also control your losses, by deciding when to sell out or when you feel is appropriate to sell out so it's, it's two different things in general ya investing and gambling maybe perhaps what I shared uh what I shared with you today you could could be quite of use to maybe the future when you want to start uh look to invest and build wealth and actually perhaps even as a student you can consider starting to invest as well because


uh investing is actually not not expensive uh thing to start out with you can actually start out with fifty dollars a month using like robo advisors which are like basically, financial fintech lah basically you are using robots to help you curate a portfolio and is often lower cost so you actually don't need to


spend so much money on on like uh starting out capital uh as what is a uh what's the popular believe lah that you need like twenty five thousand or what ten thousand to start out you only need fifty dollars a month and you can use that fifty dollars a month, slowly to build up every fifty dollars and in the long run you will eventually catch up to those who are actually doing lump sum investing which is just pumping like two thousand three thousand dollars at one shot to to invest ya ya


I guess I guess yes, err I guess having a financial advisor is is good but I wouldn't use it uh because it's against my interest lah to to to have someone manage my money for me ya uh can


part three negative experience ya, alright err


I I actually, oh I think like that that's is also something that triggers me a lot like when I see someone like chewing and it's with their mouth open and then you see that the food rolling in their mouth is just like err I it's just like I don't really want to want to you know eat when I can


see your food like you can just chew your your food then you just, swallow it don't don't have to let me see your food yeah uh yah I don't really like that and another thing that really triggers me is like when people you know I think the most the most annoying thing like right now especially in class


is when people you know they they they go up and like they they go go to the prof and just like hi prof hi prof it is so repetitive and they ask, stupid questions every single time like the questions that are like the most like it's on the screen but they're asking the same question for you to answer it's like what's the point it's like you already have your answers right in front of your face and you and it's like spelled out for you why do you have to ask again and again


exactly it is just for like the small like what ten percent and it's not even value adding to the class is so annoying for me yeah yeah, other opportunities ya ya so annoying


yeah it's err perhaps maybe like not move moving forward from just like school like what, what else do you dislike when you see like okay ah when you when you hear about like the younger generation like not saying that we're not gen Zs but like uh the people like who are much much younger than us like five six years even like when my own sister comes to me and she's like


six years younger than me and she tells me about things I cannot relate at all and like there's always a lot of negative stereotypes of people who are younger than us as well as people who are old who are older than us do you have any like certain things that you really dislike about maybe the older generation or even the generation younger than us


why should you err kay kay that feeling of dismissal, have a yes, correct correct that's that's that's absolutely true like when you when you first go into NS like not even in the older generation like just in my senior batch like


when I first went went in like oh they were just saying back in my days when back in my days was literally last year it was just like one year difference and you're telling me back in my days like you don't have to say back in your days then they was like this like this like this uh times change and experiences always change and it's not like always the same thing over and over again like that's why I feel


it's like I I'm quite annoyed when I hear about like older generation when they when they reference back to the past, that's no longer here already like what's the uh there's there's like not much point in telling me about the past if there's nothing for me to learn from it you know like, okay back in your days it was like this but now times has change time culture has changed such that you have to to to understand like what's the context of today and what the people are why are the people today thinking the way they are today but just more for like older generation lah for me


the newer generation uh younger generation what annoys me or what I feel that there is quite bad in the younger generation is that they feel very entitled to a lot of things, uh they feel like they the older generation owes them something and that they feel like oh okay uh you you are taking care of me or you are you are part of my life you are you are indebted to me to give me whatever like I can get out of you for example like I feel like they are


so you know like for example my sister like I I'm always annoyed at her at this like when she comes to me and ask, me about her homework question and I don't really like to teach like because you know like tutor right and I don't really like to teach homework I prefer to teach the concept itself but when I want to teach the concept is not like she wants to


listen you know she just like wants the answer A is ah what's the answer for A she wants the answer for A she doesn't care about the concept or the idea behind it and it's, so disheartening to see that you know the students these days they don't want or they don't uh they are not interested in the method or they are not interested in


in the application or how it works in real life ah or perhaps even how what what's the topic about they're just focus on give me the answer and I just want to be right, I don't care about what you what happens ya is is just disheartening for me as a as a tutor lah perhaps for you do you have anything


, (hmm) (mmhmm)


yup yup correct correct


movies cry cry out of anger no but cry out of sadness yes like uh I guess the the two main movies that's, struck out to me uh is only the, brave and avengers the the first one err and oh no I forgot what is it called not infinity war no no the the the last one was the infinity war right


what is it called end game ah yeah end game didn't didn't make me cry it was the one before the end game ya it made me cry like, towards the end of the story because we were so immersed in the story line and like before I went to watch avengers I I literally watched all the movies before


before the the the the infinity war if I am not wrong ah there's the movie title but ya err before that avengers I watched, all of the previous marvel movie just to you know feel very immersed and and like know what's going on like between each character and what I am expected to see in the movie and then when I saw the scene happened when people were like turning to dust and like thanos was like you know snapping his fingers and was like yeah it was such a powerful scene because


like you're you feel so immersed and invested in the storyline to see the heroes lose and the final beat of the storyline it was, like !wow! and I remember like in the in the movie like in the movie theater a lot of other people left the hall crying and feeling like !wow! this movie has really just taken everything away from from me for the day just like oh


but I guess that's the first one ah the second one was only the brave and this one was even more sad for me because this was actually based on a true story, so this story was about, firemen so it was a it was a bunch of firefighters who who were just uh starting out in training and they were actually uh they were learning how to fight fires and they were they were soon becoming


full fledge fireman's I think if I'm not wrong they were going to be recognised by like the state department to be fire full fledged firefighters and then just before that there was a a, a forest fire I think it was in #las vegas# I I'm not to sure exactly where the location but it was, so sad because in that fire itself it was


so widespread and they were trying to you know dig up trenches and everything and they were basically caught out against the the elements ah I think the wind and the air was like bringing the fire faster than there what they were doing so in the end they were under like they were caught


they were trapped basically they couldn't go anywhere and they were trying to rescue the city if I'm not wrong so they had to dig up a trench and right after that the the fireball came and they were like they knew they couldn't escape and they were all crowded together saying their last words right before it happened they were all under their fire blankets and


they're like is this the end for us what what's going to happen and, so sure enough like they couldn't be saved and the fire just engulfed everything and when the end of the movie was so sad to see like when the when the other firemen who who who are able to escape the the big fire


went back to the scene and they saw all all was left was the the burnt blankets and there was like nothing left of them and was just so you starting to see like these men who worked hard and literally sacrifice their lives in order to you know uh to save many others


and like from then on I I actually gain a huge appreciation for like fireman like especially when when when their lives are actually lost uh doing like firefighting or whatever it is sometime maybe rescue missions and what not ya that's a it was sad movie what about yourself


(mmhmm), the one the one by by uh the one on based on the book right the john green book right ya ya


hazel alright, (mmhmm), the eulogy


yup, err the the ya yes


(mmhmm) (mmhmm)


(mmhmm) (mmhmm), (mmhmm) (mmhmm) (mmhmm)


oh that's that's rather tragic perhaps like, maybe shifting from fiction to reality uh do you experience any form of lost in your life like do you ever feel like you know like you've loss something so meaningful to you


(mmhmm) (mmhmm) (mmhmm)


people around yup, (mmhmm)


death yup (mmhmm), ya so what, (mmhmm) for me perhaps I'm I've, not really experienced any not not really not experience but I didn't feel the the the pain of a loss I lost my grandfather I think about two years back and it was uh I mean he was already of old age and he was


he was already showing signs you know that there there was coming to the end of his life so I'll we already like mentally prepared for you know what was to come but when it happened it was I remember it was happening on a one of one of the, important days lah I I that that that I couldn't skip like I I wanted to go because it was in malaysia the he he passed on in malaysia because he was a he's a village he he lives in a village there


but I I couldn't uh go because of uh something important and it was like when when the when everyone went and I wasn't able to to attend itself I felt like !wow! I have lost someone so apparently so you know significant in my life but I


couldn't actually attend and then like uh a few days later when I actually managed to go and see you know the the whole cemetery and just like the the tombstone and everything I felt like !wow! this I didn't, I I felt I felt the loss not because that the person passed on but


I felt the loss because I didn't treasure my time that I had with him in when he was still alive and like from then on I actually learn to you know be more, grateful of the presence of the people around me especially those who who I I love the most lah and my family like you know every day before I go to school or before I I I go out for for class


or tuition or whatever I'll always remember to to tell my mum that I love her, and I always like give her a hug just to know that maybe if this is my last time that I'm seeing her I've already told her that I love her and she knows that you know, this is this is like okay that she's loved and I've I've said my my goodbye if if it was my final time ya and like


it was it just made me learn a lot from from my losses to for so that I don't have to feel such painful experiences like in in in such great emotion in the future ya maybe perhaps let's shift to a a bit uh lighter topics what are some of your greatest fears


cats


neighbourhood, (mmhmm)


(mmhmm) and there's the cat,


and then yup yup yup uh


, (mmhmm), (mmhmm)


yup, (mmhmm) (mmhmm), but it but but is there any specific reason do you have like a negative experience before your original fear or is it just a irrational fear


ah ha okay okay, , err, okay interesting maybe perhaps I'll share with you my greatest fear right


mine also is the relatively okay I wouldn't say it's irrational but I wouldn't say that you know like it's, is is not normal like I'm I'm very very afraid of cockroaches and I have had so many negative experiences with cockroaches, it's like okay so one of the worst experience I had was I was in the shower uh no I wasn't in the shower I was uh brushing my teeth and then there was this cockroach that came out of nowhere and I was like I was coming from the side uh of the you know the toilet seat you know like there's a sink and then you have the toilet seat and then it came out from the


side then I was like oh no it's began then I was like okay I'll just take the the spray and I'll shoot at the cockroach so that it will just like you know go go away and then, the worst nightmare it flies I was like oh my god


it flew it flew it flew and it flew into me, I was like oh I was, just like get me out of here and that wasn't my only like my negative experiences I've had cockroaches crawl up my leg twice twice I I could feel the leg crawling up and was so


disgusting I couldn't like I hate cockroaches now that I see cockroaches every time I will crush them ya I just cannot, ya alright, kay


alright it works yup, yes, part two positive experiences alright so moving things along uh <P2>percent</P2> how was your day uh what what do you what what uh how's it been today


err, ,


perhaps uh okay so for me like in terms of TV shows I think the most memorable one or the one that gave me the most err err sort of positive experience was


avatar the last last airbender and recently like netflix just came up with with err and released the animation series but I watched it a few times, uh when I was a kid like it's still in primary school I think like ten years back and it was like my favorite show I fell in love with their idea of like having err this this so called a young boy hero that was needed to be groomed and trained


to save the world and it was like so interesting to meet like to see the the the cultural diversity in the avatar world and it was just, it was just a combination of the good character jabs and the arc and the storyline that culminated in like a, a a a crazy finale where the the hero goes up against the villain and you see multiple themes of like uh gender emancipation you get to see themes like how age is not a factor and how people even like those who are at a disadvantage might not


might not necessarily be err of no use rather that they've other strength that people can actually tap on on on them uh perhaps maybe you can share me what's we share with me what's your favorite err TV story TV show or movie, correct


interesting interesting, alright so for me one place that I think I would really love to be to go and see ah is


okay I would like to go actually and see bosnia, uh it's not really a country that many people will will say like oh is a tourist touristy country but actually when I where what my interest lies in is, dark tourism when I go uh overseas for a holiday or when I go overseas to when when I go to another country what I want to do is actually learn about the history and and often times dark history is what uh actually in in like intrigues me


so when I went to cambodia I actually went to the uh genocide museum and we learned on like about pol pot and how his regime was like cruel and how he always he would send educated men and women to to literally


slaughter uh not slaughter houses but to to killing killing zones and they they will kill them mercilessly and they will and he will lock lock ah, lock all their prisoners up or not prisoners but all the those those educated people who were standing up against his regime and they will lock them in in crazy prisons or more like concentration camps where they fit like ten to fifteen people into like one small room and people were just


living in uh absolutely horrid conditions with no bed no form of like basic necessities like sanitation and and when I saw the the place I could feel like some sort of, sadness and it it felt so somber and sorrow but for me it was a positive experience because when I went there I learned to appreciate about the history of the place and why uh nations or why certain countries are shaped in or or or characterised


in this manner because of what it has gone through in the past but uh aside from like maybe, dark tourism what what about yourself what do what do you find that or what what's one place that you really want to go and why


iceland


yes, oh


correct, yeah yeah share, oh


!wow!


and miss the chance yeah yeah yeah that's, !wow! that's that's that's amazing


!wow!, uh I think positive experiences when travelling I I've had quite a lot ah in terms of like happy moments when I think my most happy moment it was probably travelling but not travelling on a holiday actually travelling to do ah CRP work


so I think when it was twenty eighteen uh might be twenty seventeen twenty seventeen or twenty eighteen I went, to this place in vietnam it's called #sa pa# and it was a beautiful like err it's in the mountainous uh region is like to the north of vietnam


and I actually went there to do volunteer work with a group err people , so we took the train okay so it was a how to get the this err #sa pa# town is actually uh through train so we went to Hanoi we went sightseeing there a bit enjoyed some vietnamese cuisine and then we took an overnight train all the way to uh #sa pa# town and it was amazing when I got there we had to take this


uh uh not a train we took a minibus, and we went uphill on a mountainous road and the and it was around sunrise so it was so beautiful like we were climbing up and there was like mist covering like the mountains and you can see the sun like going up it was


so beautiful and then when we went to to #sa pa# itself that the main centre we went hiking on the err we went hiking around the villages and it was so beautiful I was in awe because I have never seen like such a such a place like that before you know like you always see it on like postcards and like stuff


but when you're there itself and experiencing the the the the feeling is so much more different interacting with the locals also so interesting because it was a different uh experience ah they were very welcoming but also like you were not exposed to their culture so it was it was just a overall pleasant experience when when we went there and meet met the kids


and when we did like some uh school teaching and just ah some some err community work there as well ya, err perhaps maybe talking uh maybe you talking about volunteering what about your local volunteering experiences at do you have any like good memories about volunteer work that you have


ah that's interesting interesting voluntary always brings out quite interesting experiences ya you were saying so


uh for me like when I want to rest and relax what I usually do is I'll play games or I'll play, sports so for me uh when I'm when oh okay on the weekdays since there's not much time what I do is I will set aside, some time to just play like one hour of like console gaming lah so for me I love to play fifa I like to play football so uh I will just spend like one hour maybe if there's


any of my friends that are online I will just like play a few games with them and then that's after I'm done with my work and I just want to chill out for the rest of the night or the rest of the day after everything is done but in terms of the weekend for me when I want to rest and relax I will spend time with the people I love lah maybe with my family or my friends or my girlfriend and like it's


uh it's just for me to take my mind off of school because school takes up a large portion of of our time right so maybe like one day you can spend like like three four hours and then after that you still have like your homeworks your projects, your your own uh papers to write


and just having the time away from or or the time away from the screen not looking at people like in terms of work wise, it's just so relaxing and it it it unwinds me for at least the the weekend before like you know you go back to school on monday and it's it's yeah what about yourself what do you do on the weekends in order for you to relax


I I've heard of the game yup, err , that's quite yeah I've heard of this game I've seen so many people play it like even I play it myself and the experience is it's just it's just out of this world lah this game is is cooperative but at the same time is not so cooperative


uh you you get to see like the funny side when people lie and and you know they can't lie and then they say like oh I I'm, being this and this and this and this but actually it's so obvious that you're not and everyone knows that but you're still trying to play off your your your lies it's so it's such a fun game


yes yeah , ya oh my god I I I remember it


(ugh), eh , it's just so funny to watch but speaking of games have you seen any uh eh of their new trending games for for myself I've seen like this new game it's called fall guys so it's like uh you know like wipeout the show


like ya so is is is kind of like wipeout but you are playing in a group of like hundred people and you're trying to like get the crown and you have to go through like challenges or obstacles which are like literally wipeout games you know like you see those like the bouncing ball or like the you know the the spinning the gyros


spinning thing where it's like wiping people off the board it's exactly like a wipeout game and it's, so much fun I've been playing it recently with my friends, ah but it's like you it's just like a small group of people you don't even need to have like a big group of friends you just need like two or three people you just play with them and you can just laugh at like the stupidity and it's just it's it's basically like another fun game lah


ya it's just something maybe you can try about fall guys yeah it's quite it's fun, yes yes err ya ya it's their is the new hit game ah


alright so perhaps maybe like you can share with me what is, like one of the most rewarding moments uh perhaps in your lifetime like what what do you do that that made you felt like you know !wah! I'm really proud of myself for for doing this


(mmhmm) (mmhmm) (mmhmm)


paid off ah, ah for, for me I would say proud err I guess the proudest okay not proudest but err one of the few proud moments that I had was when I was in NS


so I was I was, actually an instructor so for me like when when a batch of like trainees go through like the training right I'll be like one of the instructors that will teach them how to how to conduct like certain drills and what what nots so it's actually quite a a very


draining process because you have to go through the the the the entire intake with them and you have to entertain like some of their, nonsense or some of the bad like bad moments lah that they have lah like uh in terms of discipline so like over time you can see like they gradually build up the discipline and the camaraderie like between their own uh like within their own trainee mates lah like when they go through the same punishments or when they go through the same training they they will feel like more bonded and and it's


and it's like for me it always reminds me of when I was a trainee before I became an instructor and it was like I always loved the the idea of the the camaraderie within the, bunk or within the platoon and then to see it like within my uh uh from my own eyes from from an instructor perspective to see them how they have like grown over like three months


is like amazing especially for those recruits who were like ah obese or like at the start of the the thw uh training training course it they were like, fat or or overweight and then they go through all the training and they've some of them have lost like more than fifteen to fifteen to twenty kilos over the course of three months and when they come to to me and tell me like sergeant !wah! thank you for for like all of the fun uh all of the good err physical training that you have given us


and like because of that like it made me felt like okay like the things I do in in in my in my line of work during NS was actually value adding and it made people feel like they can actualise what what they think was not able, like for them lah like for someone who's like hundred and two hundred plus kilos to just lose twenty kilos like that within three months


it's something that they never thought in their life they will ever be able to go through or like maybe they they think that they couldn't even do like ten push ups but then like at the end of the training phase they can do more than ten more than fifteen and that small small wins are what that are what makes me happy to see that they have actualised their goals that they actually


started out with and it's just yeah it's an amazing feeling whenever they pass out and then they throw their caps and it's just like, !wah! it's over and and it's just like okay they can move on to the next phase and I'm very happy to see that they you know they grow they they not they grow up but they they graduated prepared for the next


uh phase lah maybe perhaps in fire stations or in uh in for if they're uh ambulance medics then maybe to save a future life yeah so those are that's my proud one of my proud moments in uh NS, uh maybe for moving forward like in terms of uh not just NS but in terms of university what are some of the happy moments or little moments that that that make that has made you enjoy the university experience thus far


, yeah err, uh


ya ya I always love like when whenever like on the weekends or on the weekdays and when we meet up or and like we just just enjoy lah like not think about schoolwork and we just, uh enjoy the CCA for what it is or just spend time outside to have lunch to eat a meal and just share with what whatever your your feeling for that day whatever's happen for for you in the past few months or past few weeks


and it's just a a breath of fresh air to to keep you sane in some in what is, what has been a very stressful like semester in school where you just have like a lot of work and just like work work work work and you never like have any you don't feel like you have anyone like to support you but actually all around you and your your university friends are actually there to to go through the same pain that you feel every every single time ya that's correct


ya ya ya alright


do I stop my recording oh okay, part one finance


for financial planning I think that there are a few steps which err I have my own savings, then we should have insurance as well {eh] in the, future maybe investment but I've not done that yet in terms of savings I just I have my own like part time job


so that I use that under my savings so that I can have extra pocket money to spend in terms of, insurance I don't really uh I know that there are a few insurance that you are supposed to that are quite important but such things are covered under my parents so I don't really do it on my own


what about you


need, I guess for me it has never been brought up or like was never introduced to me and it has it has always been something like my parents covered for me so yes the the topic has never come out actually


until like recently when I found out like especially from you talking about like insurance and investment these kind of things which I'm not really aware of, yeah, why not you explain more about your investment maybe


uh for me usually I will set aside about like fifty percent just to save then other fifty percent will be just for monthly weekly spending, so honestly nothing much I just put it inside my savings account and I'll just use it I only there will be just like consider other uh emergency fund if you can call that consider that


so if you have any do you have any experience that do you invest your CPF money


ah okay


yeah they're paying using uh CPF loan so what I understand from it is basically they're just going to take every semester they're just going to deduct money from my parents' CPF account to pay off, so based on what they told me it's better because uh it's not money that they're physically holding it's so it's just deducting from something that they can't even touch now


why though


consider so why did you choose CPF over bank loan


okay


I use from I use a debit card I think I guess as as student it will be much more convenient to just have a debit card which just like deduct from your your savings account currently I think having a credit card requires a lot of responsibility because


okay based on what I know from credit card is you're borrowing from banks right and then like you have to pay them back at the end of the month, so, ya so the probability of you spending too much or like just overspending and then being unable to like pay back at the end of the month is quite high so the risk is quite high especially for me so I think it's much safer especially for students to just use a debit card


so, the worst case scenario is just that you have zero dollars in your account but like you can't deduct any more money from that so that's the limit so you have a limit on like how much you can spend


no not really not much


a few months, okay


, I guess since you are into investing right so what is the difference between like investing and gambling like do you


okay so I mean we are all students so do you think that because, many of us are really not as well inform as you right do you think that having a financial advisor would really like help us to actually plan our journey out or is google in like research enough


negative part three negative experiences


okay let us start this off with ah pet peeves because I have many, so my biggest pet, peeve is when people chew without the loudly and they don't close their mouth that is something I get super annoyed with like it really makes me lose my appetite whenever like I see people open their mouth or I can see like whatever's like in their mouth when they're eating yeah I don't know it just like grosses me out


ya so that's like one of my like top pet peeve I really don't like it, !eww!


yes


they're wasting everybody's time for their sake of their own grades, ya I think it's so rude also when that they're aware of it and they don't give people other like don't give people chance to


yeah, like let us give us some time to press the unmute button,


something about I don't like about the older generation is whenever they I don't think that they're as open minded as us like there'll be there'll be many cases like you know recently on twitter there's been a lot, like work twitter there has been a lot on like feminisms equality abortion so many like big big topics that aren't really discussed about in the older generation


so like when you bring it up they think that we are being being too sensitive like even if my parents sometimes like we argue about it we argued like so many times about it like, the way the stereotypes of like women and like man which I don't agree with sometimes and they'll be like oh you're being too sensitive about it like back in my day I didn't think about it so like why are you thinking about it


yes so whenever they use like back like when uh back in my day like okay ya back in your day is like that but we are trying to be a better society and progress, ya yeah uh


for younger generation I'm really not sure because like, your people always label me under like the T generation right so, , so far like what I've seen yeah in some of them can be very entitled and all but I guess this is all also based on the


how the current batch of parents are educating or like teaching raising their child children basically because the child doesn't get entitled when like just like that it's when the parents like give in too much which I don't agree with


so I guess it's a it takes two hands to clap I guess, , why not we talk about movies, can you do you have any have you ever cried whenever you watch a movie,


wait the first avengers not the last, uh end game oh


okay I remember that scene,


(mmhmm)


I'm a a very emotional person so I cry a lot of things so I think one of the main ones is the fault in our stars so if you don't know it's about


this couple who the both the both of them have cancer so they started dating and, john green ya so uh, uh I cried reading the book cried watching the movies so basically one part when that I really cried was like basically they knew that


the guy he was going to die I can't remember his name what's his name, hazel grace and okay let's just call him guy one so basically guy one is about to die they know they know you already because like he's slowly showing signs so they had a, pre funeral where like she reads out the eulogy to him yes so like she was saying about within like number zero to one there is like zero point one zero point one one zero point one two one so there are many infinities within like zero


to one so she said that something got to do with like it's their own mini infinity also which made me cry so hard, because yeah it was so upsetting I was so upset when I was watching the movie then I guess this one is not a movie but a TV show I cried watching uh gray's anatomy so basically one of the main guys he's the


lead actress's husband in that movie in that TV show so anyway he was on the way home he was already calling like his wife saying that he's coming back home and then suddenly a truck, hit him so there's like one whole episode about him dying and how like they like overcame like how like the wife and like the other people in the hospital like dealt with it which was really upsetting because I was so invested in their relationship


because if I'm not wrong they died he die in season, twelve or something and so it was twelve full seasons of seeing them like their relationship grow from like being, , they were like only like one night stand then afterwards they started like being boyfriend girlfriend and then suddenly his ex-wife came so there's there's so many challenges to like overcome and then eventually they had like the sweetest marriage like wedding I mean and then it all ended like he just died just like that


so that made me cry a lot, yes


so far I have been lucky enough to not have like any like really great loss but recently my one of the closest one was recently my grandma's younger brother passed away so my family's pretty quite is


quite close so it was just really when I went to the funeral then uh and I saw the body it just like I couldn't help but cry also , but like it's not that I was close to the person or anything like he was there I mean we have talked a lot if you are not on bad term whatever it's just like ya I'm closer to my cousins and other family members


so I guess that was a first time like seeing like being more aware of like the that death is inevitable and like I get to know that religious meanings behind like all these practices, so it just made me more aware because the first time my grandfather my grandfather on my dad's side passed away but I was still in primary school so like I didn't really understand like I really couldn't understand the concept of like oh


okay he's passed away so and and then what so I couldn't but only until now that I was more aware of it, yeah what about you


this isn't a light topic my greatest fear is okay in terms of like actual things will be cats I've already eh I think it's been since I was like so young I can't even remember when it started but like it has gotten this


bad that I enjoyed like a good sixteen years having like no cats in my neighborhood and then two years ago, my neighbour came back and the neighbour has a cat so the cat is always, around so like on


there are certain days where like I want to go out for school and then I open the door and the cat is in front of my house and I cannot go because I refuse, to be like my like the fear is so bad that I cannot even like be close to the cat


like I will cry so there'll be many incidents where like the cat is I wanted I want to go to the left side of the like go out the corridor to the left so that I can go into the go the bus stop the way if I go down the staircase nearer on the left side is much nearer to the bus stop


but sometimes I just to make a big U-turn because the cat is over there or like if I have to , sometimes the cat enters my house so there isn't that isn't fun, and sometimes I had to throw the trash right and the trash is somewhere at the lift


so I have to me and my my sister and I both of us are scared so we can't you know really help each other with that so I have to check whether the cat is over there it annoys my mum because like the how fast I throw the trash is dependent on whether the cat is outside or not


so that's my biggest fear one of my biggest fear, no I really can't remember irrational fear, my dad always says to get just try baby steps to like one day to touch the cat but I don't know the the the way the cat looks at me is too scary so no thank you


, oh my god where


ah, , it flies


that's all


part two positive experience


today has been really stressful for me because I have, exams that's today and a very long lesson


so not really a positive experience here would you like, to share any like any good movie or TV show that you've seen before and like what you like about it


!wow!, mine is really different from yours like as in the reasoning I really like my favorite all time favourite TV show is gray's anatomy I think like I watched the like I'm rewatching the season the show now again


so I guess for me I really like to watch medical base kind of drama, because like I really like to see when they do I know it's all fake but like when they do the operations and I really like TV shows where there are a lot of like couples and like romance and I really I really like it so


this kind of shows provide me that so that's what I really like about like the TV shows, , yeah so , could you share like what do you uh could you share like a place that you would love to visit and why


(mmhmm)


one place I really want to visit I think uh one place wait let me think about it, I guess one place I really want to visit is iceland


, for me the purpose will be I really want to if I'm not wrong it's either iceland or norway where you can see the northern lights so I really want to I really want to visit see it because I've never seen it before and I really like


cold weather, so I will usually go during the winter time I think it's quite fun, , for me also I travel a lot so there have been many, memorable experiences that I've like been on so I can I think I can share with you one


, I think last year I went to greece so one of one of the places I went was Santorini so on one of the days my mum my parents decided, to go on a cruise a a private yacht so it was just me it was just my family together with another couple from the UK so we were on it and then uh we took this yacht and it was so nice to


be on the yacht and like just see uh the surrounding thought it was so pretty and then one part of it was when the captain of the ship allowed us to go inside the water so like I had eczema all it was so painful but like, why would I it it was only like once in a lifetime experience so I was like okay just go for it


so throughout ya and then at the end because it was a sunset cruise so we went and then we saw the sunset it was so pretty and then we went back home so I think it was on our last night in Santorini before we went back home so I found that it was very memorable for me what about you


yeah


I think all of my volunteering experiences were under school but one of it was when I was in JC, I was in charge of planning this like you're supposed to go to this uh this place called #kampung senang# where the


elderly it was is not a old folks home it's just a place where like their kids send their parents to in the day for them for them to like play games and interact with other people of their age so we went there and then we visited the place and we did, some like colouring and uh colouring and stuff and it was so fun because like the


, auntie uncles there they were so they were so cute and they were so excited when they saw all the different like colouring pen and all and I saw ah one of this auntie she really like to , she like to play chess so she apparently she was very good at it but she likes to cheat so she will she will go to my she play against one of my friends and you could see her cheating every single time for her to win


so it was so cute that like there're still like at that age and still like so mischievous and all, it was really nice to see, so, yeah , so besides like voluntary do you have any other like activity that you like to do like on during your free time free time


definitely


during the weekends usually I set a lot of time for family time so usually like for example on a saturday right I will spend the whole day with my family so I don't touch work at all on that day so I really like to spend


time with my family because like I mean during weekdays we are not really we don't get to spend, time with each other that much so usually we will go out for lunch or dinner together and that's what I really enjoy but besides that in terms of like on weekdays I would like to play my games also recently there's been this game called among us so I've been playing this games with my friends a lot so


that really like keep me keeps me like sane during like stressful periods, because it's quite fun to play, it is a good bonding session with friends and then we laugh at each other whenever like someone gets caught or someone says something like stupid


, I think that was yesterday when we laugh so hard with because <P2>nurul</P2> she she said that she was


she was at a certain area and then it was so obvious that she was the imposter back then, and then she kept trying to defend herself it was going so well for her like I wasn't going to vote her out and then suddenly like she said that one phrase and I'm like okay it's her


, yeah, I've seen it


I've seen so many tik toks about it like people posting the the game that they play, like one person jumps at this one person jumps on this tile and then everybody else didn't jump on that tile so everybody else fell down it really didn't make


it makes zero sense but like why would people play that uh okay


I think it was back then after A levels and then , once you know during the university application period right so I always wanted to go to the school that we are currently in but based on like my results I was really like afraid like


on whether like I could make it or not because it was quite like just reaching there , so when I I apply to all the all the three universities and I was accepted to all three so I was like really proud of myself because like oh actually my hard work


during JC actually like paid off because JC was a miserable period for me , do you have any like proudest moment of your life


I think it's the friend that I've made in university I mean


you know we are both in the same CCA and like I really as much as it's very tiring and it's so difficult but it's like so it was it's so fun to like hang out with like my own, group of friends but in terms of like not CCA wise like the days where we study at the study area and then like we meet all our other friends and then like in the end we end up like talking instead of studying but like you know that you have to study but in the end you still don't because like you having so much fun with your friends


ya so it's just those thing that you sacrifice your study time just to like hang out with your friends so just shows that how much you like enjoy or like really enjoy your time with your friends


ya so I think friends are also a priority when it comes to like school to keep you sane


yes I'm currently using a savings plan with DBS as well I actually used to have a joint account which uh my parents used to, control and it was under my name uh but once I enlisted in army I created my own account and my joint account was actually uh terminated what about you


yes I actually I was considering having a second plan as well uh second account as well one of them just to you know focused on saving without the POSB card stuff like that and the other one will just like an expenses account I know friends who have multiple accounts working like that and it seems to work quite well for them


ya it also makes managing finances much easier, yes when you have one single account I think you can agree with me that you find when there's a in and out transaction of money gets pretty messy from time to time


it, ya but I guess this point is also more related to your credit and your debit cards but don't you find that sometimes when the information is displayed especially the merchant names it makes very little sense


yes it doesn't reflect the name of the establishment, even more strange is very recently I went to sentosa and I use my


debit card to pay for a few different read uh purchases there and like about fifty percent of them reflected one particular name the other fifty percent reflected another name but all transactions were made at the same bar on the same so called ticketing machine


, (hmm) I thought they would still usually they sent a notification to your handphone right isn't that their safety aspect


usually they I mean almost all online purchases I have made they send you the one time PIN for you to confirm that you are making the purchase, ah


well I guess this is something we can clarify but I agree with you is definitely much easier than before they had online banking and everything you know you have to just bring your passbook down put in the machine and have all those transactions come out I mean this definitely adds a layer of clarity to it uh


ah no I don't have a credit card because right now for me with the amount of purchases I make I don't see the benefit I do have friends who I have asked them why do you need a credit card you know because they don't make very large purchases on their credit card and they do it just for the just for the points


so like what one of my friend does is he makes his purchases and it like at the end of the week he clears everything, so to avoid you know the situation when you forget to pay a bill and then you incur a debt so he does it every week and just to get the points for like the rebates and what not what about you do you have a credit card


(ppc), well that's a good


ya cause when we were younger I think we heard a lot of horror stories about people forgetting to pay bills having multiple credit cards and racking up like really big debt , but I guess we are not at that level yet but it does make sense you know when you are saying like you have to make a purchase of about five thousand dollars if you have the credit card you pretty much could do that with no hassle in your situation you actually had


actually not even for the big amounts even like one of my close friends we meet like every weekend he pays for everything by his card and we just you know split the sum and we transfer everything to him and it's a just down to it is to the points and the benefits you know


I actually on on a different topic I actually saw a question that will be quite interesting specifically for you at what age should a child be given a ATM card to manage their own account since as you just had a kid and she is one now is it be a good topic for you to think about


thirty right so , why why did I feel like I knew this would be your answer


I would say it's very hard to like get a number you might maybe decide sixteen but we all know some people who you know pretty mature way before that or some even when they are sixteen they are pretty carefree I mean some people when they are when they are thirty they are still pretty carefree and shouldn't be having any ATM cards but


ya I was leaning slightly towards like thirteen or something you know once they actually finished primary school like once you finish those first six years you can sort of see where their heads at and their responsibility, so ya I mean they would they wouldn't really need it much before that but it would teach them how to manage their finances really well like


if you as a parent weekly on monday you put in a certain sum, you're done you're done you going to get in trouble, we never had that training like for myself I was given my allowance just daily


so the only cash I have to manage is spend as little as I can so I can save up for what I want but if you had a lump sum at the start it would have taught you a lot about financial planning that I mean honestly we never experience with you know and you can see people who struggle now because of that


ya ya you can you can really see like the detriment, that they is head you know just giving people daily some there is no there is no financial planning involved you don't need to worry cause you know (ppc) next day you went back to school you got cash all over again


ya, it would be at their age, you mean it's more exciting when you check your bank balance after a night of drinking


ya I mean now now you have to I don't have to think about it yet but when I have a spawn of my own I have to definitely consider all these pointers


digit, ya okay understandable but how do you know what was her thought process into the sum of money she decided to keep at home


ya correct


but then the question is how much money should you keep as petty cash at home some people will argue your money will be you know better suited in a bank account earning you interest but then on the other hand if you actually do the math even a sum of thousand dollars with with interest rates does not translate to a very big loss


if you are talking about amounts in maybe the tens of thousands ya then definitely the interest would add up over a period of a few years but just a sum of a thousand dollars not even for interest from a bank even , an uncle of mine asked me once my brother and I once before to just check interest rates uh not interest rates exchange rates


so he want to change a sum of about six seven thousand australian dollars and we went around to a few places checking the rates like my brother and I actually drove around to check the rates because we are like, at that age I think we about twenty three twenty four we thought seven thousands are pretty big amount the different should be really big and when we compared the rates from the best to the worst place


it was I guess a difference of sixty to seventy dollars, can you think about you you travel all around singapore like driving around burning petrol and timing and the best you could have got is seventy dollars extra with a sum of like seven thousand so ya I'm pretty sure you can keep like a couple of thousand at home for like you know small expenses without feeling the


pinch what do you think about the interest rates


ya but then again like that's when the argument comes in you know like if you take money out of the bank to invest it and then what happens on a rainy day like if you go with certain investment plans they have a minimum period and you you want to cut your plan before that you are not even getting back the amount you put in I think you actually make a slight loss


so that's the argument you know like what if you need the money for rainy days so then you got to decide how much you actually need, to keep in your bank you need to factor all that in, and then you need to decide on your own lah like how much should you keep in your account how much is safe to invest cause definitely that definitely the interest rates are much higher it's definitely more lucrative for you to put it in an investment plan or investing in other places but ya lah that's the question how much


, I'm just using my my life my life insurance slash savings plan as like my savings for now, cause you know it's it's it's covering me for life and after a certain amount of years I got a guarantee payback


so the amount that I'm actually putting in is not so high that I'm going to feel the loss that is not in my bank account but still good enough that I got a nice like tidy sum once the period ends if I choose to discontinue the


[orh], I actually have multiple plans, because my brother is an insurance agent and even then so like ya you might be saying like we are not very sure cause we are not in the industry my own brother is in the industry and I have multiple conversations with him and I'm pretty sure until now I'm still only like seventy percent sure of how the plans I have under my name actually work


like when they explained it it's just so complicated to understand sometimes you know, that, so basically all we find out is how much am I putting in and when can I get the money out, that's about it ah you got any insurance plans


so there will be in the event of death to get a payback ah a cash out ah


ya but I I guess, ya but I guess in certain people situation it varies you know like once you reach a point where like you're transitioning between jobs or if you're a business owner then how do you define what is your annual salary you know when it's not consistent every year


ya it's not just yourself you are saving for now, when speaking of the daughter let's talk about the wife will you have will you have a joint account , I would ask you why but you already told us the story earlier about how she made purchases using your card


without you knowing so , I guess that pretty much sums it up , ya do you


do you even know what is the ya sorry say, ya


I I don't even know if there any uh actually tangible benefits like are you getting a better interest rate and if not then there is clearly no point for joint account oh, the point of a joint account is is just so one person can't get a whole of the money without the other right, ya


we just basically it boils down to the lack of trust ah there may actually be some benefits which we don't know about cause like neither of us have had a joint account so we don't have enough information on the subject like I had it when I was really really young so I have no idea my parents set this up I only knew as called the joint account cause both of them needed to


get like the permission to take funds out together that's about it, so as far as I'm concerned a joint account just seems more tedious, and gives no like benefit


oh is it you're just started it lah, okay so how does it work


oh well more like monthly three thousand or like a total sum three thousand, , so basically you double your baby bonus ah


so the uh that means that account is for purely under her name until like she hits eighteen, ah okay so like what when you bring it and say I'm bringing in my baby so the the patient is registered under her name that money can be used


, just keep bring her to hospital , , uh


well that was quite a useful discussion ya


ya pretty sure the first thing we have is definitely gonna feel the same ah is like literally the first point a time when you feel trapped and helpless


that's every like time on a ship uh, I don't think anyone can uh like fully understand you know like even like your wife or my girlfriend they will be like oh ya you know I understand is very difficult on a ship I know I know you don't I think the closest to someone understanding that will be someone in prison but even then we don't understand how they feel theirs is like so much worse


you can empathise but you can never fully understand uh like it literally on a ship and then sometimes you go around and you have no data and then like two days later you have your girlfriend calling be like why you doing this to me you know of two whole days you didn't message me I couldn't get you I'm like


what do you want me to do man like like you couldn't get me I couldn't get you you could still get the rest of the world you know I couldn't, like that feeling ah is terrible like as for you is worse you didn't even have data man, how bad was that


and even then there was a chance you could have actually miss that lah


I remember you only it like confirmed date with us like a couple of days before you actually came back ah, so like it's not even like you feel that you will be back on that particular date and know that you like had a week, to prepare


is literally like just don't know anything no info nothing is set in stone and you are just stuck there you know, I mean, you won't be around for the birth of every child but definitely your first child is going to be something special lah is like what will happen like that would have been


!wah! I mean I know your wife said she will kill you if you missed the birth of your first child ever I'm pretty sure it would have been so much worse for you than her


ya can imagine ah, well I mean more likely than not I'll have to ah


but then you you do get a bit more used to it I mean is never easy but I guess you get used to how not easy it is, well speaking of the situation we are in is that one thing you wish you could change but will never be able to


ya I I guess that's much we would have the same answer ah because there was the was like, (hmm), I mean that was the real turning point in our lives what you know I mean we didn't I didn't study too much in secondary school but I didn't do too bad you go to a decent


JC for you you went to a decent JC as well in JC we didn't do very well but we still did all right lah we still enough to get by you know we go into a local uni like I I know a lot of my friends from JC who could not get into local unis


like some had to go overseas or some had to go to those you know like overseas partner like SIM but where our lives really change is that we entered uni, we spend a significant amount of time that we never completed it so it's not even about the accrued loans for nothing it's like from there where you go you know like you are left with A level A level is is nothing in singapore what


ya I like how they they often put like the I mean like A level and polytechnic on the same level lah but you can get a proper you can get a decent job with polytechnic


ya A level is purely meant for you get A level you better get a degree without getting a degree too bad for you and every day lah we roam here roam there and then eventually we ended up in this sailing path ah


but also the people in your life would have been so different you know so like you can change everything in your life will be so different now maybe you wouldn't be in the situation we are sailing but then how many people that are close to you now wouldn't would have been lost along the way you know


like not even the people in your industry now you just like ripple effect ah butterfly effect you change something bypass everything is gone already, ya good chance of that ah oh oh moderator


my Appen app just stop hello


ya it just said the app stoped working and it close and when I reopen it, it's just showing three slash four part three and like a I mean it just showing this lah


it it already uploaded what I we were currently talking about or at least I saw it upload like I saw a progress bar saying part three uploading


so like in my appen mobile recorder I have four out of four recordings uploaded already so it auto submitted some part of it, okay so just continue from here


ya, okay sure


oh ya okay


ya as much as you try and like think about how things could have been better and how your life could have been different I mean ya lah this this thing ah you can never go back and change it ah so you just move forward hope that everything works out lah


ya I guess this also kind of relates to what sacrifices have you made for your loved ones but were not appreciated for it ah, I guess I I I feel like your answer also might be similar to mine again I don't think we really feel like we are not appreciated but maybe just slightly under appreciated


okay like !huh! the people we have in our life like your family and our friends are all pretty appreciative of the things they do ah but sometimes they don't appreciate the magnitude of it you know, like particularly like especially now every time you when you go out to sea


I mean it's a big sacrifice we are making but usually the people closest to you only see their loss


ya exactly, but is that I guess it's very hard to see that when they are gonna be away from you for months on end lah, I worry about that often ah going back to sea ah like I'm I'm pushing the company now to keep sending me back but every time when I open my email and I refresh I secretly hope I don't see anything from them


but then again it is important to go there ah so that is a struggle lah


ya, but is even when you're positive you worry a lot ah because it like you want everything to go right, so specifically when you want everything to go right you start worrying about a lot of things


especially for me because I'm really I'm like a bit of a perfectionist and I definitely have a slight OCD uh so I worry about those things you know like big world changing things like my life you know could be very different about these points I worry about but it just this small nitty gritty things you know


with mortality and losing someone


I mean that's one way to look at it lah especially is like the person is older but when you lose someone young it's it's very hard to have no regrets you know like you could have left a perfect life with them but it's always they're snatched away too early, I mean just a month ago my granddad passed away and you will definitely say that you lost him but you don't feel bad he lived a very long happy life nine ninety nine ah is more than like most people can hope for