Mothering Corner

I used to have a teacher whom I think is one of the strongest person I know. I don’t mean that she’ physically strong, but she had been through a lot and she is facing her obstacles well, and still able to remain as cheerful as she is. *if you are reading this, sms me later, :)*

Her mother had an accident when she was in her teens and she lost one of her legs. What amazed me was she didn’t use a clutch but she hopped around to be mobile in the house. I’m not joking! During that time, she didn’t know anything about Structured Settlements and I don’t think she had any compensation from the party that knocked her down. She couldn’t work so she took care of other children at home as a living. She thought that she wouldn’t be able to get married, and thus she adopted my friend. Luckily, they were very positive about their lives even if they might not be rich. Her mother passed away 2 years ago due to breast cancer, she is still a happy person like she used. She’s not pretending, but trying to face her life as strong as she can be.

If her mother had a Structured Settlements last time, maybe they could get some money at times of emergency. But what is in the past is already in the past. If it’s not because of the hardship throughout the years, she will not be who she is right now.

*ok, SMS me now. LOL!*

When I read about news of some people decided to end their lives and left their kids behind, I would be wondering what’s on their mind that urge them to come to that decision. Maybe they were desperate, or depressed, they couldn’t think much about what to do at that moment.

It’s not their fault, I can understand how bad it feels like to be helpless and just want to leave everything behind. When it comes to financial difficulties, I have close friends who had really bad experience about it and they were left with no money, no friends, and no help. It really felt like end of the world to them. If they were not strong enough, they would have jump off the building. But their credit card debts, they can apply for Credit Card Consolidation for temporary Debt Relief. But for business debt, it’s a bit harder.

So, only I really admire how strong and determined they are in going through this hardship. It’s not easy, but they have gone out of it successfully. I am very happy to see that they are back on the track. If things like this happen to me, I doubt I will be that strong.

Finally, after months of persuasion, MIL has agreed on getting a house insurance for our home. There are so many of us staying under the same roof and we have lots of belongings in the house which are highly valued too. If something bad happened, how are we going to rebuild the house again? Just thinking about the 6 figure digits of money is enough to scare me off.

Thus, it’s always better to have your house insured. It’s not a financial burden, in fact it’s providing financial security to your family at time when there is a fire or burglary. Just take a plan that is affordable and suitable for you.

Let’s see what are the plans that our agent is proposing within these few days.

I have seen some friends going up and down in their lives. Some of them have been through riches and moderate lives in just one year. Maybe it’s the business nature as some businesses, especially those “illegal” ones will bring in money faster. That’s why they have such a big changes in a year.

If I’m in such a sticky situation, I will not let my kids be affected. I won’t let them know about my worries or hardship in financial because they are still too young to understand much. To me, childhood should be filled with happiness and laughters, and leave the worries to the parents who will be busy mingling with the Debt Relief and Credit Card Consolidation. I will still do my best in providing them in all aspect. So, what about you? How’s you approach?

Being in a family which business based, I have always had this concept in my mind. When you have the wealth, make good use of it. It will never be there for you, forever. But then it’s up to us to manage it. If it’s gone, life still goes on. Gee…it sounded very sad huh? But if I’m still single, I don’t care much about wealth. But with 2 young kids now, I have to think about building a better and more solid financial base for them.

My mum asked me if I have future plans for my kids since I shop a lot. Of course I do! I have insurances and savings for them since they are babies because I know that tertiary education needs a lot of money. Furthermore, we don’t have the privilege like Bumiputera, so we have to work harder to better secure our children’s future.

But if my kids are doing well in academic, then they can apply for scholarships or education grants. That will put some burden off for us financially, especially if they want to pursue their education oversea.

Even if they are not in kindergarten yet, but I have already thought of university. Maybe I have been thinking too much.

When we were having breakfast with MIL the other morning, my boy asked if he could have a rabbit. MIL said no unless we have our own house. O.o

We have plans to move out in the future anyway, but only until the kids are older enough. Hubby travels a lot and leaving me with 2 young children at home is not something I prefer. Besides, we need to have proper financial planning before we move out. I’m not sure if the household expenses will be more or less as we currently share out the expenses with BIL. Staying in a big house with a lot of people will also mean that we have to spend more money as comparing to other families, even if it’s shared.

We have to list out all the expenses and taking into consideration the amount of money we are going to pay for Home insurance and Life insurance because we are currently paying a lot. Besides, I might need to have a car too. So, maybe we have to Compare car insurance too. Those are extra expenses and if total up, we may have to pay more money every month!

So, let’s just stay with my in-laws for a few more years. LOL!

Some of the older women thought me that I should not let my hubby know about how much I am making so that I can have my own personal money. Most of the women have this mentality that whatever belongs to the husbands, they own it too. But those that they have are not being shared with their husbands. Right or not, ladies?

But if I have to make my money grow faster and save it all up in the bank, by writing paid posts alone will not help much. If I know how to invest, then I might get some covered calls and PowerOptions® software to help me out in my investment. I know one of the blogger mommies are doing well in share options, and maybe I should think about this.

By using the software, maybe I have a better idea on what to sell or buy. Anyway, how much does it need to get started?

I know my kids are still young, but like all parents, we have to plan for their future. Hubby and I don’t like to force our kids into working too hard for the academy like most “kiasu” parents, but we have to admit that it’s the norm for most Chinese in Malaysia to be anxious about their kids’ performances.

I am not sure if my kids would like to go for tertiary education, but since both hubby and I graduated from universities, tertiary education is a completion of formal education to me. I hope that my kids will enroll in any universities of their choices, and as long as they graduate, I don’t mind if they are working as professionals or not. Thus, we have to plan for them financially. It’s not easy to get into local universities even if the school fees are so much cheaper. I graduated from local university, so I know how is the life in there. But for most middle class families, we will be saving up a lot if our kids are in the local universities, and we don’t have to worry about getting loans for them as the expenses are affordable.

But if you would like to send your kids to study abroad, then money is everything to get things done, besides great results. We got the kids insurance with investment in hope that the returns will be higher by the time they need the money for tertiary education. Of course, we have to save up as well because you will never know how much money is needed 15 years from now to study abroad. Luckily, we don’t have any mortgages and it’s easier to plan for a solid financial base. If we have to pay for a lot of financial commitments, I doubt our quality of lives will be as good as what we are having now.

So, do I still need to get a house? That question has always been on my mind…

A friend of mine reads my blogs everyday. He is my best friend and we have known each other for more than 17 years. I have always been urging him to get married since he has a steady girlfriend for a few years. Why keep delaying? I asked him that day. He said even if he’s making money, but he’s always broke. I almost laughed when I heard that.

That’s the thing about being single. You don’t have any worries when you spend. But once you have a family, you don’t think twice before splurging on some expensive stuffs? So, I told him, just get married! It’s not as hard as it seems, unless you are planning to get a house. Most of us are not lucky to have a house sponsored by rich parents. Thus, we have to come out with the down payment and installment, if we need to get a house before married. If you are from Oregon, you can consider getting the quotes from Oregon home mortgage. This companyhas many years of experience in helping their clients looking for the best loans that fit their budget. Besides that, if you already have a home, you can also consider Oregon mortgage refinance. They offer refinancing services too.

But after getting a house, we still have to work on the expenses for a wedding. But if you can just take things moderately, a wedding doesn’t need a lot of money. However, when the kids come along, there is where most of our money goes!

Most of the middle classed families are tied down with some form of debts, installments, liabilities and various financial commitments. However, more and more families are depending on credit cards to sustain their life styles as most of their cash has gone for the month installments first. I have some friends with Mercedes or nice cars, dress fancily, dine lavishly, but in actual fact, they are broke. But who knows? They look so good from the outer part, no one will least suspect anything. But I’m a close friend of them, so I know.

But don’t you underestimate the side effect of credit card debts as the interest rates can be pretty high. So, if you are looking for a Debt Relief, please check out the services provided by Clear Debt Solution as they have a comprehensive options of Credit Card Consolidation. Besides, if you manage to consolidate and pay of the debt faster, you are actually saving up on the interest and on your way for financial stability.

So, it’s still a great choice as comparing to working hard and chasing the Rat Race to pay off the debt.