Comments for Timothy's Blog

Comment on Saving for a Rainy Day by Tony

Tony — Tue, 30 Dec 2008 05:28:06 +0000

Its ok to save for a rainy day… but one must not forget to spend - to live a life.

The occasional pampering is fine - just treat it as a form of reward - to celebrate your present success.

Comment on Saving for a Rainy Day by Mocha

Mocha — Tue, 30 Dec 2008 05:25:52 +0000

Everyone has his rainy day. It’s just that some people can’t foresee it. You may make yourself save in the form of insurance if you really can’t do it. Save it for your future family, your parents, your siblings… and there are so many reasons.

You can’t be sure if you fall sick someday or even encounter accident, and the saving would come in handy.

This goes for everybody.

Comment on Wake Up and Smell the Coffee by Sainn

Sainn — Thu, 18 Dec 2008 11:38:47 +0000

i love COFFEE too much …..
and thanks for sharing me the knowledge of coffee.

Always , i take 2 cups of coffee in everyday without fail and i think
coffee is great for me.

I used to take 6~7 cups of coffee last 4 years ago but now i reduce it
only 2 cups per day . Because i want to loss weight now i have because
i learn that caffeine support gain weight from some health digests.

Anyway, i love it !

bye
Sainn

Comment on Saving for a Rainy Day by edmund

edmund — Thu, 18 Dec 2008 04:58:36 +0000

hi tim,

I agree i agree with you totally, in economics, these people are acting upon expectations (adaptive or rational) and sees the need to save to spend for the next period when income falls so as to maintain equitable consumption levels across different periods.

however this is precisely the crux of the problem as, people tend to over react till the point of being irrational, with drastic cuts in spending habits all based on “fears” when things are still “ok”

in essence, we see 2 effects one being the real credit crunch when the global economy is not producing as much as before and income level drops , second and more importantly the cycle is then perpectuated when people takes further preemptive steps by further tightening and cutting spending. this cause demand to drop further and supply to follow like wise and the cycle continues.

essentially, we should maintain a comfy level of lifestyle according to our level of income and spend as we used to and take things one step at a time. we really do not need to factor in a global catastrophy into our own wallets and drown ourselves:)

Comment on Saving for a Rainy Day by dan

dan — Mon, 15 Dec 2008 06:33:25 +0000

Hiya Tim

Been kinda of rainy these few days…you should start saving. You wont know when it will start to storm.

You might be getting quite a few piggy banks soon.

Happy hols.

dan

Comment on Saving for a Rainy Day by SG

SG — Sun, 14 Dec 2008 16:23:55 +0000

Hi tim,
Surprised to hear that. Yup, u should start saving if u have not been doing so for very simple reasons:
a. we never know we will lose our job (just as nobody think Lehman Bro will ever collapse);
b. it gives us financial freedom especially one may want to take a couple of years’ break from work for personal reasons;
c. some unforseeable event or maybe health reasons (especially more sickness when one gets older) that dun allow us to continue working;
d. ensure sufficient money to maintain our preferred lifestyle after our retirement (CPF is insufficient to see us thru)

Unless a person inherited a large sum of money or still could rely on their parents for money, most people would need to save for a rainy day or even beyond that; planning for retirement fund the moment they started working. Having said that, it is never too late to start saving now even though the amount may be small. Maybe a piggy bank will be a good Christmas present for u………

Cheers and happy saving,
SG

Comment on Kiwi Experience Vol VI by elaine lim

elaine lim — Sun, 14 Dec 2008 08:20:01 +0000

Surely you have captured the beautiful and captivating scenery of NZ. At this time of financial turmoil, these pics surely calm one’s nerves, at least for me. Thanks for sharing such simple pleasure and taking the trouble to put them together.

Comment on Kiwi Experience Vol VI by Lydia Soh

Lydia Soh — Sat, 13 Dec 2008 07:27:01 +0000

Enjoyed reading your blog regularly. New Zealand has always been one of those places I like to visit. So it was with great interest that I ’savoured’ your great Kiwi experience. Also like the way you presented your travelogue. Look forward to your future blogs on travelling.

Comment on Home Security by Micah Lacsamana

Micah Lacsamana — Tue, 09 Dec 2008 14:06:14 +0000

Tim, I agree to swan’s comment… Maybe you should consider changing the size of your font as it is somewhat difficult to read… Some people might want to read your story but may think twice because of eye strain.

Anyway, this is a nice post. I have experienced the same thing before. Some drunk guys came into our backyard and ruin my lawn. I hate those kind of people. But i unfortunately we don’t have control over them. That’s why I just got a home protection system installed in my house — I thought that is the only way to protect myself from people like them.

Comment on Kiwi Experience Vol VI by Mcelvay

Mcelvay — Tue, 02 Dec 2008 16:00:28 +0000

Hi Timothy, i think your blog entry cum travelogue is really interesting..been to other countries lately as well? do share with us ..just realised that you are not a local after reading one of the entries here..so where do you originally hail from? it would be great if you could tell us more about yourself..