From an early age, Shirlina was told to always save for rainy days and if she had extra cash, she was to secure a roof over her head so she could retire “comfortably”. She was never taught where to begin……..
Naturally when she started out her full-time job at the age of 20, all she knew was “put some money into your savings account.” She had no idea how to be financially resilient to prepare for unexpected events until she was entangled in mounted consumer debts with little financial ability to meet her own hospital bills. It was at that moment she realised she needed a different system and process to absolve her from the same financial mess.
Years later, credit to her discipline, her financial situation improved and she learned to set goals to secure her financial future. Again she knew the why but did not fully understand how. Hence, she took different advice and sailed with those advice without taking into consideration of her personal circumstances. Just a couple of bad decisions, she wiped out her years of reserves. She learned the hard way. Since she learned the importance to be an intelligent investor and take control of her own investments.
On the other hand, her career in life insurance and superannuation claims management taught her how to protect her wealth. Through first-hand managing over 10,000 claim cases, listening to many unfathomable devastation from individuals and families, she knew many devastating stories were as a result of either having insufficient or no financial protection against unforeseeable life events or changes such as death, illnesses, marriage breakdowns, etc. Credit to her quick in taking action, she implemented the right protection plan for her young family and it was her then action saved her young family from financial uncertainty when her ex-spouse suffered from a sudden critical illness.
Having been on the other side of claims, she also saw how families were torn apart by lack of a solid estate planning after the passing of their beloved ones. There were numerous instances where she was left flabbergasted and shocked knowing how inaction could brought upon so many pain to the living ones. After years of walking people through their loss and claims process, she has now decided to bring some stories to life, in the hope that more people will take action to protect themselves and their loved ones from sudden or unexpected events that could lead to significant financial losses. More importantly, put in place a solid estate plan to avoid your loved ones turning against each other after your passing.
We all know how life throws us different curve balls and we simply cannot dodge them all however, we can definitely make wise choices to protect ourselves and provide for our loved ones.
As Kimora Lee (photo above) firmly said in her interview, “when come to assets protection, etc, I always adopt a hands-on approach…..” Should we all follow in the same manner?
