Monday, February 10, 2020

Am I prepared?

Back in 2003/2004, there is the SARS outbreak. Back then, I just started work and didn't think too much of the possibility of getting infected. That's stupid and reckless of me, but now I have too much to lose. I can see people are avoiding shopping malls and restaurants are mostly empty even during the weekend peak dinner crowd. You can practically walk into a restaurant and see that there are more staff than customers during peak hours. It's that bad.

In this post, I'll like to focus on the things I'm doing to protect myself. My chief concerns are:

1) My family's health
2) My work income
3) My financial status


1) Family's health

The current Wuhan corona virus is still largely unknown, but it seems from official statistics that it is highly infectious but with low mortality rate. Thank goodness for that. I'll rather take my chances with this than another strain with low infectious rates and extremely high mortality rate. Ultimately, mask or not, it just depends on our immunity system to survive.

As 2020 started, I did 3 things that helps a lot regarding health. Firstly, me and my wife had been going to the gym almost everyday. 30 mins of intense cardio really does help a lot, I feel. That should do for the exercise part of keeping healthy. Secondly, every gym day, we had almost carb free salad for lunch. That's the diet part of keeping healthy. Thirdly, I started doing cold showers. I read from Tools of Titans by Tim Ferriss (Wim Hof/Tony Robbins section) that having cold showers can boost the immunity system and willpower, among other things. Been doing it for 3 weeks, not bad, will continue doing so.

Other than that, I didn't join the groceries store run, nor the mask buying queues to avoid crowds. I did go out to shopping malls now because it's largely empty. My mum prepares some herbal concoction for us to drink, and hopefully all these measures will help. Not necessarily in preventing us from getting infected, but to recover swiftly once infected.


2) My work income

I'm a private tutor. Students come over to my place for lessons, so I'm potentially exposed to a higher chance of infection that most people I guess. I accept that. From the start of the pandemic in China, I've already anticipated that parents will stop and cancel lessons. Just last week, I had two cancellations. I think primary school tutors will be hit more severely than me, not to mention those running group lessons. I think we just need one cluster to form in schools and that's it. Back in SARS period, primary school was stopped for about 3 weeks, secondary schools about 2 weeks and JC about 1 week. Why? JC students can die is it? It's about the immunity system - those who are elderly and very young have weaker immunity system, making them more susceptible to infections.

What happens if the situation gets worse and tuition stops? I have a plan B. I got a webcam from a good friend, got my wacom drawing tablet/digital pen and an online whiteboard with video conferencing/chat capabilities ready. I've also asked for permission from students and parents in case the situation warrants it. And so now we wait.


3) My financial status

What if I've no active income for a stretch of say 1 year? Can I take the hit?
Yes - my CPF has enough to last me 1 yr of mortgage payment, which is my biggest expense and greatest worry. I'll transfer more warchest to emergency cash too, so I can tide over more than 1 yr if needed.

What if I've no active income for 1 yr and I'm hospitalised? Can I take the hit?
Yes - hospitalisation plans are still in place and I've enough funds to cover any deductibles/co-insurance. Same for all my family members. Insurance plans also cover ICU should that need arises. If there are worse scenario I've not imagined, there's also a reserve battalion of Singapore savings bond, equivalent to 6 months of monthly expenses, waiting for me.

I took account of all my liquid cash, minus 1 year of monthly expenses, and the remaining is my war chest. It's still good enough to fire substantially, so that's good. My plan, as always, is to survive first, then thrive. And I'm determined to thrive.

9 comments :

Singapore Man of Leisure said...

LP,

You got enough!

Nice feeling right?


In the event a series of perfect storms hit us at the same time, and we are left with not enough, well, that's the time to discover whether we are:

1. Resilient

2. Adaptable

3. Have grit in our character


Or maybe we are just strawberries. One poke, we are damaged :(

Anonymous said...

Hi

I realise I have yet to draw a will . Something that I have been pushing off. This event reminds me again

la papillion said...

Hi SMOL,

Better have high self awareness, because if I'm a strawberry, I better stayed out of pokey things haha

la papillion said...

Hi anon,

Yeah, that's one thing we shall do but haven't gone down to doing. Me too hahaha

Anonymous said...

cool article! i will be sure to share this with the residents of Treasure At Tampines and JadeScape !

Unknown said...

Did you hear there's a 12 word phrase you can communicate to your man... that will induce deep feelings of love and instinctual attraction for you deep within his chest?

That's because hidden in these 12 words is a "secret signal" that triggers a man's impulse to love, please and look after you with his entire heart...

===> 12 Words That Fuel A Man's Love Response

This impulse is so hardwired into a man's genetics that it will drive him to try harder than before to to be the best lover he can be.

As a matter of fact, triggering this powerful impulse is absolutely important to achieving the best ever relationship with your man that the instance you send your man one of these "Secret Signals"...

...You'll immediately notice him open his heart and mind to you in such a way he's never expressed before and he'll distinguish you as the only woman in the universe who has ever truly tempted him.

Bryan Roland said...

TESTIMONY ON HOW I GOT MY LOAN FROM A GENUINE LOAN COMPANY.

This is a change of life! i needed a loan to open my restaurant and bar, when one of my business partner introduce me to this good and trustful loan lender STEVE WILSON finally God smiled on me by directing me to this new lender who put a smile on my face this year and he did not scam me and also by not deceiving or lying to me but however this lender gave me 2% loan which amount is $550,000 united states dollars after my agreement to their company terms and conditions and one significant thing i love about this loan company is that they are very fast
You can contact the loan lender via
EMAIL :stevewilsonloanfirm@gmail.com or whatsapp:+16673078785
Company website:https://stevewilsonfinancialloanfirm.webs.com/

willian vivian said...

when I thought about the way things have been recently, i owe my thanks to God for letting me find this amazing personality, i mailed Mr. alex roughly 2 months now, I was actually very uncertain about investing, very scared because i was also low on cash.I gave it my all, my first investment of $2,000 two weeks ago brought me $ 29,230 last week, and what intrigues me the most is the way him handles he partners, i recommend him too to my friend jeff, after trading with him, his testimonies have let me come here to attest for him. We are happy to meet a professional in you. I am proud to recommend him to any person who has a passion for trading, meet a good mentor and get good fortunes.Contact this veteran at: totalinvestmentcompany@gmail.com

Liza D'souza said...

Thank you for sharing such great information.
It has help me in finding out more detail about symptom checker app