Your Asian mom

As people are losing their jobs amid Covid-19 pandemic, many have sought for income alternatives by selling variety of items that they can make a living from.  photo courtesy: Westfield Financial Planning For time being, I am lucky to still have my job despite the industry is not really doing very well. With the Movement Control Order, which required almost everyone to stay home and commitment in terms of childcare fare, fuel and eating out expenses cut down, I really can afford to spend some money to support friends who need to make living out of selling homemade cooking and etc. However, I am not so keen to be approached/forced to invest my money into unit trust via an agent/consultant.  During the product introduction briefing, I was told that unit trust could earn a return of between 5-10 per cent. But, when I check on the previous reports, it may not seem to be true for all time. The units could drop to below 10 per cent, which means that unit trust holders would likely t...

A circular has been issued to notify staff that possible retrenchment would be done due to the company's poor financial situation.  Working in that "dying" nature of business, it is inevitable to lose the job. It is sooner or later. The list would be out by end of December. It means that Christmas would not be the same celebration as years before as I need to be emotionally ready, in case my name would be in the list.  Before this, I was hoping to have a change of career that I could have fixed working hours to look after my kid on weekends and public holiday, or spend some time to experience the "full time housewife" work doing some good cooking, sewing and gardening.  In fact, all this while, I do hope to open a daycare or tuition center as I know there is demand of this services.   But strange...that I am quite afraid to lose my job, which somehow defines who I am. Worse, to lose the freedom to earn and spend own money. To make it clear...