As the world enters a recession, the upcoming year can pose a challenge for many due to increasing economic uncertainty, and the natural fears surrounding it. In this issue, we look at some trends and possible actions that can help us become more emotionally and financially resilient to not just ride out the challenges, but rise above them. I hope this gives us hope. | How to Be Happy in a Recession Recession begets misery, which makes for more economic bad times. You naturally make the pattern worse by following your loss-aversion instincts. Although you probably can’t break the global economy out of this feedback loop, you can break yourself out of it. Start with the following three practices. | Here are 8 ways to bulletproof your finances ahead of a likely recession in 2023 5 personal finance experts here give tips on how to protect your finances. Their recommendations include building up an emergency fund, trimming your regular spending and up-skilling | How to Stay Optimistic During Hard Times | Proudly Brought to You I seek to reach out to people who believe in safeguarding the interests of their loved ones. Let me know if I can be of help to someone you know or care about. We can make a difference to lives when it matters most. Cheers. | Benjamin Koh Jia Hao | | | | unsubscribe | You are receiving this email because you're my client, a friend or you've given permission to receive this email. If you'd rather not receive our emails, you can unsubscribe from our mailing list by clicking 'Unsubscribe' above. DISCLAIMER This is not an official AIA newsletter. The views and opinions expressed in this publication are those of the author and do not reflect the official policy or position of AIA Singapore Private Limited (Company Registration No. 201106386R) (AIA), any other agency, organisation, employer or company. Assumptions made in the analysis are not reflective of the position of AIA other than the author. © Benjamin Koh Jia Hao, All rights reserved. | | | Samuel (Test Engineer) Ben is a good friend and former classmate from University. Even back in Uni, he has always been helpful to me and our common group of friends.
Upon recommendation by one of our common friends about his services, I decided to give it a go. On our first meeting, he discussed with me what my priorities were with regards to protection and budget, and in the second meeting he was able to recommend to me some suitable plans that was close to the constraints I had placed upon him.
While I may not be implementing the recommended proposals just yet - for my own reasons; I was impressed by the level of clarity provided whilst explaining the conditions of the plans. Ben is also quite open and friendly to discuss/talk to.
Highly recommend to at least meet him once and hear him out. All the best Ben. | | | Tharinda (Engineer) I recently got a new insurance policy with Ben and I couldn't be happier with the service I received. From the very beginning, Ben was helpful, knowledgeable, and patient as he walked me through my options and helped me find the coverage that was right for me.
Not only was getting insurance policies seamless and stress-free, but Ben was also there to help me every step of the way, answering my questions and addressing any concerns I had.
He truly cares about his clients and goes above and beyond to ensure that they are fully protected. I would highly recommend Ben to anyone in need of insurance. | | | Shenglin (Research Associate) Previously, I usually just researched and picked one insurance I thought was most reasonable. I don't trust people for financial planning.
Ben's appearance broke this darkness and brought light. He is patient and responsible. We had about three sessions to talk about my insurance plans. I was new in Singapore, and he resolved every concern and question I had and walked me through the plans for me in great detail.
Instead of rushing into any recommendations, he spent time to understand my needs and my current situation. It is easy to make a recommendation based on experience, but it is precious for an agent to research and come up with the most suitable one for the client.
He is friendly and nice. He created a safe and comfortable environment for us to discuss. I liked some small chats with him, and I could sense that he also cared about my mental health by recommending the trails in Singapore as a friend.
If you would like a person who helps you with financial planning, my suggestion? BEN. | | | Tianfu (Executive) Bright, cheerful and resourceful is some of the traits that makes Ben easy to be around with. Despite joining this industry for a short time, his pro-activeness has motivated him to go the extra mile understanding his client's need, short term and long term objectives.
The continuous effort in asking for feedbacks, following up with clients and always seeking of ways to improve himself enabled him to go straight to the point with clear explanations.
Ben also does his best to make every session enjoyable for you! Give him a shot and he will make your dollar count. | | | Abel (Editor) Despite having previously worked in the financial industry, as well as its advisory arm, I can confidently say that Ben is one of the best advisors I've ever had the honor of coming across. His aptitude is nothing short of excellent, but the area in which he really shines is his unique genuinity that is (though commonly sought to be replicated) often difficult to find.
Ben has gone out of his way to advise and service me on numerous fronts, from suggesting and providing comprehensive coverage packages to helping research and even referring relevant professionals with regards to other financial matters that may fall outside your traditional advisor's purview. It seems to matter not what exactly you're looking for in an advisor; I'm pretty sure Ben has it all. | | | Deeban (QA Analyst) I managed to catch up with Ben recently, who was a friend I made in University. Just like he was then, he was extremely patient and helpful in understanding my current policies and needs.
Based on those, he managed to table up a few recommendations to further enhance the effectiveness of my policies and what are some things I should take note of when signing up for new policies.
I would strongly recommend Ben to anyone who is looking to take up new policies or looking to kickstart on their finance portfolio, mainly because he does not hard sell policies, but rather he seeks to understand what one's needs and wants are before offering his recommendations. Way to go Ben! | | | | |