Lessons from kite flying

Last sunday, I went with my family to the Singapore Kite Festival held at The Promontory @ Marina Bay.

It was a memorable experience watching colorful kites of all shapes and sizes flying high in the blue skies while feeling the gentle breeze blowing in my face amidst the bustling sounds of street performances mixed with children laughter and even harp music!

We managed to successfully get our kite up after a few tries, yippie!

After the session, I realised that kite flying is actually similar to life and success

1. Ride the opportunity when it arises

To get the kite up requires the wind to blow in our favor and once it does, we quickly set the kite off and grab the chance to fly it as high as possible, with a little running and tugging when necessary.

Similarly before our projects can take off, we must be prepared and ready to capture opportunities when it arises. A little hard work is definitely required at the beginning, but with the right technique and resources, coupled with the right timing, the projects will fly!

 2. The ups and downs are what makes it fun!

During our kite flying, our kite soared with the wind and fell as the wind strength weakened, just like many of the other kites around us. Each successful attempt to get it back up brought along the excitement and exhilaration all over again. And it was this very up and down cycle of excitement and dismay that kept us captivated and glued to the activity. Imagine if the kite had just set off smoothly and stayed up there steadily, I think everyone will get bored after a while, especially the children!

 There will always be ups and downs, peaks and troughs in life. Rather then fearing it and getting disheartened or put ourselves down when it happens, embrace it and view it as a learning experience. Enjoy the process because the sour and bitter is what makes success all the sweeter when you finally achieve it! If you ask successful people about their most memorable achievements, chances are most of them will recall their challenging moments and how they overcame it.

3. Keep your eye on your kite (goal)

We saw some people chasing after runaway kites and kites falling after colliding with others in their paths. In life, just like kite flying, it’s easy to lose focus and become distracted by other people or events.  Once we take our eyes off our goals, it’s very easy to fall off track and end up spiraling downwards unknowingly.

In order to have sustainable success, it’s important to maintain focused and keep our eyes on our goals at all times.

Even when the kite is flying nice and high, we must stay vigilant, occasionally tugging at it and steering it away from other kites in the same path. Similarly staying focused on our goal allows us to respond and adapt to situations and maintain our momentum.

So, get ready to ride the winds of opportunity, stay focused on your goals and enjoy the process! Happy kite flying!

To your success and happiness,

Yong Hui

My Financial Journey

Decided to write this blog in Mandarin Oriental hotel room the morning after celebrating my 3rd wedding anniversary.

The past 3 years of marriage has seen me grow in many areas, financially, personally and emotionally. I am fortunate to have a husband who is financially savvy and forward looking. =)

Since courtship days he has been encouraging me to take charge of my finances and learn the skills to make my money grow. In the past I was basically nonchalant about money and found the whole idea of investing too complicated, tedious and riskly. It took many years before I finally took the first step on my financial empowerment journey…

It all started with a seminar Millionaire Mind Intensive (MMI) back in 2008 which triggered me to review my attitude and beliefs about money. I realised my subconcious beliefs about money was that money is the root of unhappiness and creates discord among family. To me I never really thought of becoming wealthy because I felt that being rich would create more problems then happiness.

What changed was when I realised these beliefs were not helping me and that being wealthy not only allows me and my loved ones to enjoy a better lifestyle, it also enables me to do more and contribute to others.

Once I changed my attitude towards money and found my purpose for wealth, I started to work on myself, to acquire the financial knowledge, skills to grow my money and develop good money habits to manage my money. And I have never looked back since..

Looking back these were the key factors that contributed to the change in my financial life:

1. Mindset Shift

Many of us live on autopilot and majority of our day to day decisions are made based on our subconcious beliefs and habits. Have you ever wondered why you chose the weekend activities you did, why do some people choose to spend their weekends doing adventurous sports while others choose to relax and chill out at home, many times it’s just a habit that formed over time. Similarly when it comes to the financial aspect, all of us have certain beliefs about money and rich people, some are empowering, some are not, some even cripple us and stop us from taking steps to make a difference in our lives. For example, during the seminar I attended back in 2008, I realised that I have always felt that rich people were money minded, scheming and arrogant (influence of all the hong kong drama serials) and that I would not be accepted by friends and family around me if I were too rich and successful. No wonder I was satisfied with just being mediocre and just earn a decent income!

Many of us did not consciously choose our beliefs, our beliefs were formed over time through our life experiences, the stories we hear, the movies we see etc and etched into our subsconcious as we attached our emotions to it. Only when I was aware of my unconscious beliefs about money was I able to make a more powerful choice as to which beliefs to keep, which to let go of and to create new empowering beliefs that will support me in my journey towards wealth and financial freedom.

2. Ownership and Action

Ever notice how students who do well in studies or excel in sports tend to be motivated, self driven and they exhibit good self discipline? Compare this to those whose parents have to keep pushing them to do their homework, send them to tuition classes and personally monitor their work? The difference between the former and the latter lies in the former group’s ability to take responsibility for themselves. The underlying reason is because they are focused on what they want.

I know because I used to be very passive and bo-chup about my studies during Primary school and only did my assessment books when my mother nagged at me. Naturally my PSLE results were mediocre. Somehow during Secondary School, I started to “wake up” and put in effort into my studies, diligently doing my homework and revising my work. And lo and behold, I jumped the class ranks and came out top in the entire cohort by secondary four!

Why can I sharing all these? Because the success formula behind my achievement in school was not intelligence or miracles, it was simply a result of me deciding to take ownership for myself and taking the necessary actions to work towards my goals. I experienced the same amazing effect at work in my financial life when I finally told myself “That’s it, Yong Hui, it’s time for you to take charge of your finances, because no one else can help you unless you decide to help yourself and nothing will change until you take the first step!” And that resolution became the turning point for me.

Harv once said “Your wealth can only grow to the extent that you do”. From then, I started working on myself, enhancing my financial skills and knowledge, and developing empowering mindset and attitudes. I attended seminars, read books and researched on money management, investing and asset protection etc. Most importantly, I applied what I learnt and started to track my expenditure, monitor my cashflow, investing my money in various instruments and enhancing my insurance coverage.

I will be sharing some of my learnings and financial information on this blog and website. I hope you will find useful and helpful to kick start or enhance your financial knowledge =)

3. Supportive Peer Group


Having a supportive peer group is the other key element that contributed to my growth.  I was fortunate to be part of a very supportive environment when I joined the financial services industry. I was part of a positive and motivated team who encouraged each other to strive towards our financial goals; I had an inspiring mentor who guided me along the way and supported me through my down periods, never giving up on me. I was also very grateful to have a supportive husband and family who gave me their blessings to venture into self employment.

As the chinese saying goes, we become who we associate and spend most time with.  Who are the Top 5 people you spend the most time with? Are they supportive in what you do, do they provide guidance or encourage you along the journey? If so, congratulations! If not, I invite you to find some new friends and form a support group of like-minded, positive people who can provide the moral support and ideas along your journey towards achieving your goals.

To Your Success and Happiness,

Yong Hui

Does your insurance payout upon early critical illness detection?

Article from The New Paper on 31st Aug

Ms Theresa Tan was diagnosed with ductal carcinoma in-situ in her right breast and thought that she would be able to claim for the loss of income from her 3 critical illness policies which she has spent over $70k paying for over the years.

However when it came to the crunch, she discovered that her 3 policies could not be claimed as her condition did not fit the definition of cancer.. Continue reading

My very first blogpost

Welcome to my blog!

Finally I got down to starting my very first post on this “auspicious” day after I step into my 30th year.

2010 is a year of many breakthroughs out of my comfort zone. This is the year when I committed to live my passion – to empower women financially so they can become financially secure and grow their wealth to enjoy the life they desire. I started the website www.SgWomenandMoney.com and started conducting small group workshops on investing and money management for women.

Moving forward, I will be sharing more information regarding to financial resources, information, tips, ideas etc so more women can benefit and learn. I will also be organising games and other activities where women learn financial education through playing and interacting with other like minded women.

It is my vision to build a community of financially responsible and aspiring sisters who will support each other along their growth journey toward financial abundance!

To your success and happiness,

Yong Hui