Wednesday, September 17, 2008

About this Site

This site aims to chronicle one ordinary girl's experiences, analysis and reflections on financial news, instruments and processes in order to support her life long goal to be financially savvy and independent. She had started this site as a babe and newb, with the intention in growing in her knowledge and understanding on finances, so all thoughtful responses, comments and insights will be welcome!

Started on the 17th September 2008 (Wed), a few things triggered the start of this blog:

i) Joining the throng of people liquidating my family members' AIA insurance policies that day.


Having taken the day off and burning that whole day waiting to be served, I spent the day reflecting on the world's financial situation. (US banks appear to be going down! Lehman Brothers had just filed for bankruptcy! AIG is on the brink until saved by Federal's 85bil loan! Merill Lynch bought over!) My determination to understand financial instruments, avoid queuing AGAIN in a similar situation and to take control of my own financial situation crystallised in a site that will serve as a repository of my thoughts and experiences. (Side note: Queue number of 1286 at 10a.m (They were serving queue number 1038 when I got the ticket), we were served at last at 5:40p.m... and I'm the lucky one. Hundreds more had to be served the next day... )

ii) My dear losing his job in a US financial audit firm, partly due to the same volatile US market.
More the reason to take control of our financial future!

iii) My long term dream of working part time from home
Probably due to my job nature, I am in contact with our nation's children and am saddened by their current state - insecure, restless and self-centred. I hope to have the choice of working from home in the future and to be more in control of the care of my children.

All these led the the beginnings of this site.... recorded here:

As my personal financial journey is journalled here, my prayer is that you will also be blessed in reading, in discussing and sharing strategies. May our journey to freedom begin!

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