Comments on: My Greatest Financial Fears http://kclau.com/wealth-management/financial-fears/ Personal Finance Money Tips Wed, 23 May 2012 00:06:33 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Financial Articles and Personal Finance Advice from Personal Finance Blogs - November 15 2008 | Personal Investment Management and Financial Planning Blog Directory http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-152797 Financial Articles and Personal Finance Advice from Personal Finance Blogs - November 15 2008 | Personal Investment Management and Financial Planning Blog Directory Thu, 05 Aug 2010 04:40:13 +0000 http://kclau.com/?p=784#comment-152797 [...] presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears [...] [...] presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears [...]

]]> By: gavin http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-150090 gavin Mon, 27 Jul 2009 00:04:03 +0000 http://kclau.com/?p=784#comment-150090 i think some good UT companies gives equally good ,if not better returns than ASN,, ASD, or ASM. Why not try them out? If you r talking about capital guaranteed. Some has this features too. Thus I can't understand why ppl are rushing and queuing long hours just to invest into ASM, ASD etc. i think some good UT companies gives equally good ,if not better returns than ASN,, ASD, or ASM. Why not try them out? If you r talking about capital guaranteed. Some has this features too. Thus I can’t understand why ppl are rushing and queuing long hours just to invest into ASM, ASD etc.

]]> By: Personal Finance Links for Saving, Investing, and Spending Wisely - Money Hawks Carnival #1 | The Money Hawk http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-147132 Personal Finance Links for Saving, Investing, and Spending Wisely - Money Hawks Carnival #1 | The Money Hawk Sat, 09 May 2009 22:01:50 +0000 http://kclau.com/?p=784#comment-147132 [...] presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears [...] [...] presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears [...]

]]> By: Carnival of Living Cheaply - December : 2paupers http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-83517 Carnival of Living Cheaply - December : 2paupers Sat, 13 Dec 2008 22:58:35 +0000 http://kclau.com/?p=784#comment-83517 [...] presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears [...] [...] presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears [...]

]]> By: Carnival of Personal Development Edition #1 | Insight Writer http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-78379 Carnival of Personal Development Edition #1 | Insight Writer Mon, 01 Dec 2008 07:56:38 +0000 http://kclau.com/?p=784#comment-78379 [...] presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears [...] [...] presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears [...]

]]> By: Intelligent Speculator » Blog Archive » Investment Talking http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-75420 Intelligent Speculator » Blog Archive » Investment Talking Sat, 29 Nov 2008 18:38:28 +0000 http://kclau.com/?p=784#comment-75420 [...] Financial issues impacting individuals beyond just the stock market. (KCLau’s Money Tips) [...] [...] Financial issues impacting individuals beyond just the stock market. (KCLau’s Money Tips) [...]

]]> By: lousai http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-73847 lousai Fri, 21 Nov 2008 05:38:06 +0000 http://kclau.com/?p=784#comment-73847 Jacquelyn, ar eyou sure non-bumi can purchase ASD..? i checked thru the ASNB website, the criteria is Bumiputra M'sia..>!!!!!!! Jacquelyn, ar eyou sure non-bumi can purchase ASD..? i checked thru the ASNB website, the criteria is Bumiputra M'sia..>!!!!!!!

]]> By: 11-17-08 Twenty-Something Finances-Carnival http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-72700 11-17-08 Twenty-Something Finances-Carnival Mon, 17 Nov 2008 14:09:46 +0000 http://kclau.com/?p=784#comment-72700 [...] talks about My Greatest Financial Fears posted at KCLau’s Money Tips. I think his fears are in all of us or else you wouldn’t [...] [...] talks about My Greatest Financial Fears posted at KCLau’s Money Tips. I think his fears are in all of us or else you wouldn’t [...]

]]> By: Lisa_P http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-72623 Lisa_P Mon, 17 Nov 2008 07:10:43 +0000 http://kclau.com/?p=784#comment-72623 If you want your children to grow as financially responsible adults, I believe you must let them handle money often. At an early age, they need to handle money and understand the importance of depositing money in a bank on a regular basis. They also need to develop the habit of saving money for major purchases. These lessons will help your children develop a much more comprehensive understanding of money and how to manage it.<br>have to admit that with the way the economy has been going I’ve been so focused on my own budget and credit repair that I’ve completely forgotten to teach my kids money management. I found an article about teaching kids how to use money responsibly, and it was definitely a great reminder for parents everywhere, including myself. If I can teach my kids how to use money responsibly during a recession, they will be much better off, especially when the economy decides to turn around. I used to have credit problems, and if I could somehow prevent that hardship for my children, I would feel like an accomplished parent. There are too many kids that go out into the real world without understanding the value and importance of money. I won’t let my kids out from under my roof until they are prepared to handle their own finances. I really like the idea of setting up visual aids for my kids to learn money management. I need to figure out a way to use visual aids to teach my kids the consequences of using credit cards irresponsibly. I got in a lot of trouble using credit cards. I’ve used credit repair services to get myself back on track, but I don’t want my children to have credit issues to begin with. <br><br>Click to read more on <a title="Payday Cash" href="http://personalmoneystore.com/moneyblog/what-are-personal-loans/online-payday-cash-who-knew-it-was-so-easy/">Payday Cash</a> If you want your children to grow as financially responsible adults, I believe you must let them handle money often. At an early age, they need to handle money and understand the importance of depositing money in a bank on a regular basis. They also need to develop the habit of saving money for major purchases. These lessons will help your children develop a much more comprehensive understanding of money and how to manage it.
have to admit that with the way the economy has been going I’ve been so focused on my own budget and credit repair that I’ve completely forgotten to teach my kids money management. I found an article about teaching kids how to use money responsibly, and it was definitely a great reminder for parents everywhere, including myself. If I can teach my kids how to use money responsibly during a recession, they will be much better off, especially when the economy decides to turn around. I used to have credit problems, and if I could somehow prevent that hardship for my children, I would feel like an accomplished parent. There are too many kids that go out into the real world without understanding the value and importance of money. I won’t let my kids out from under my roof until they are prepared to handle their own finances. I really like the idea of setting up visual aids for my kids to learn money management. I need to figure out a way to use visual aids to teach my kids the consequences of using credit cards irresponsibly. I got in a lot of trouble using credit cards. I’ve used credit repair services to get myself back on track, but I don’t want my children to have credit issues to begin with.

Click to read more on Payday Cash

]]> By: Rich Life Carnival #19 - Money Blueprint Edition | Rich Life Carnival http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-72093 Rich Life Carnival #19 - Money Blueprint Edition | Rich Life Carnival Sat, 15 Nov 2008 19:57:57 +0000 http://kclau.com/?p=784#comment-72093 [...] presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears [...] [...] presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears [...]

]]> By: Jacquelyn http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-71071 Jacquelyn Wed, 12 Nov 2008 22:56:41 +0000 http://kclau.com/?p=784#comment-71071 The PNB account referred to here is ASD or Amanah Saham Didik. You can go to major banks like Maybank or Bank Bumiputera to open an account. To learn more about any conditions or restrictions, you may refer to the website, <a href="http://www.asnb.com.my">www.asnb.com.my</a> The PNB account referred to here is ASD or Amanah Saham Didik. You can go to major banks like Maybank or Bank Bumiputera to open an account. To learn more about any conditions or restrictions, you may refer to the website, http://www.asnb.com.my

]]> By: Tax Xin May http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-70828 Tax Xin May Wed, 12 Nov 2008 02:11:36 +0000 http://kclau.com/?p=784#comment-70828 I wish to ask for your assistance on how and where to open the saving accounts (PNB account) for young children and any terms and conditions or restriction for these saving accounts.<br> <br>Thank you for your timely and valuable information. I wish to ask for your assistance on how and where to open the saving accounts (PNB account) for young children and any terms and conditions or restriction for these saving accounts.

Thank you for your timely and valuable information.

]]> By: Festival of Frugality | On a Quest To Be Debt Free... http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-70754 Festival of Frugality | On a Quest To Be Debt Free... Tue, 11 Nov 2008 21:37:03 +0000 http://kclau.com/?p=784#comment-70754 [...] presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears [...] [...] presents My Greatest Financial Fears posted at KCLau’s Money Tips, saying, “Everyone will encounter several personal fears [...]

]]> By: Relax http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-70511 Relax Mon, 10 Nov 2008 12:42:02 +0000 http://kclau.com/?p=784#comment-70511 Haha thanks.<br>Maybe that's because I am a single, frugal NEET who lives with my parents<br>If I have my own family, maybe my fear will be different.<br>I think it is advantageous to prepare for financial fear at young age<br><br>Thanks for your offer, it will be a great honour to write for your blog one day !! Haha thanks.
Maybe that's because I am a single, frugal NEET who lives with my parents
If I have my own family, maybe my fear will be different.
I think it is advantageous to prepare for financial fear at young age

Thanks for your offer, it will be a great honour to write for your blog one day !!

]]> By: investlah.com http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-70422 investlah.com Mon, 10 Nov 2008 04:18:43 +0000 http://kclau.com/?p=784#comment-70422 <strong>My Greatest Financial Fears | Personal Finance Money Tips...</strong> Everyone will encounter several personal fears as they go through their life phases. There is one fear which most of us will definitely have to deal with and that is financial fear. I have listed down below several financial fears that the majority of ... My Greatest Financial Fears | Personal Finance Money Tips…

Everyone will encounter several personal fears as they go through their life phases. There is one fear which most of us will definitely have to deal with and that is financial fear. I have listed down below several financial fears that the majority of …

]]> By: KCLau http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-70396 KCLau Mon, 10 Nov 2008 00:05:35 +0000 http://kclau.com/?p=784#comment-70396 Hi Relax,<br><br>Your financial fears are quite unique. At the time other people are <br>afraid of not having enough money spend, you are worrying about not <br>having enough money accumulated. I would say it is several level <br>higher :)<br><br>Regarding your question, it is possible to get annuity like plan for <br>our children since born.<br><br>I love your sharing. You should write for my blog sometimes.<br><br><a href="http://Http://Kclau.com">Http://Kclau.com</a> Hi Relax,

Your financial fears are quite unique. At the time other people are
afraid of not having enough money spend, you are worrying about not
having enough money accumulated. I would say it is several level
higher :)

Regarding your question, it is possible to get annuity like plan for
our children since born.

I love your sharing. You should write for my blog sometimes.

Http://Kclau.com

]]> By: Relax http://kclau.com/wealth-management/financial-fears/comment-page-1/#comment-70385 Relax Sun, 09 Nov 2008 23:09:35 +0000 http://kclau.com/?p=784#comment-70385 Thanks for sharing.<br><br>My financial fear:<br><br>1) Can't become financially independant at young age<br>2) Can't become millionaire before old age<br>3) Can't own a house without debt<br><br><br>1) Can't become financially independant at young age<br>By being financially free at young age, many financial problems in the future will be minimized, esp. family related financial problem<br>Without it, financial life will not be headache-proof<br><br>2) Can't become millionaire before old age<br>If I can't grow big sum of money with such a long time frame, something is seriously wrong. The economy perhaps? Also with more money, I can leave stronger legacy to the society, such as having a fund to generate passive income that will fuel charity causes<br><br>3) Can't own a house without debt<br>I mean the house that I will live in, not the ones that I will rent it out and sell it one day..<br>I will delay gratification and pay the house in cash when I have enough money... the problem is.... how long to make that kind of money. Short term loan less than 5 years is an acceptable option.<br><br>A) Supporting the family<br>If I have children, I will open a fund and invest (monthly) for each of them, right from the moment they are born. Azizi Ali put money even before his daughther was born. Well, I do so because if I start investing for my children early, I can put in far little monthly capital than I start late (compounding effect).<br>I will put RM50 a month into each fund, in equity fund since it is a very long term investing.<br>The money can be used for anything 20 years later when they grow up.<br>If I am rich enough (I hope so), I will buy annuity for my children when they are born (is it possible to do so, KCLau?) to diversify their investment portfolio,<br><br>B) Staying at home<br>OK, that is why I want to be financial independant as young as possible and avoid things that take away my time from my family. I am puzzled why some financially free, or rich people are willing to work until they have no time to be with family. Is the love for work more important than family? Thanks for sharing.

My financial fear:

1) Can't become financially independant at young age
2) Can't become millionaire before old age
3) Can't own a house without debt

1) Can't become financially independant at young age
By being financially free at young age, many financial problems in the future will be minimized, esp. family related financial problem
Without it, financial life will not be headache-proof

2) Can't become millionaire before old age
If I can't grow big sum of money with such a long time frame, something is seriously wrong. The economy perhaps? Also with more money, I can leave stronger legacy to the society, such as having a fund to generate passive income that will fuel charity causes

3) Can't own a house without debt
I mean the house that I will live in, not the ones that I will rent it out and sell it one day..
I will delay gratification and pay the house in cash when I have enough money… the problem is…. how long to make that kind of money. Short term loan less than 5 years is an acceptable option.

A) Supporting the family
If I have children, I will open a fund and invest (monthly) for each of them, right from the moment they are born. Azizi Ali put money even before his daughther was born. Well, I do so because if I start investing for my children early, I can put in far little monthly capital than I start late (compounding effect).
I will put RM50 a month into each fund, in equity fund since it is a very long term investing.
The money can be used for anything 20 years later when they grow up.
If I am rich enough (I hope so), I will buy annuity for my children when they are born (is it possible to do so, KCLau?) to diversify their investment portfolio,

B) Staying at home
OK, that is why I want to be financial independant as young as possible and avoid things that take away my time from my family. I am puzzled why some financially free, or rich people are willing to work until they have no time to be with family. Is the love for work more important than family?

]]>