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EMPIREHOMES
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CWS DISCIPLE 1 BIBLE PROJECTS JOURNEY THRU THE BIBLE WORD OF GOD   chinese
bible
CHINESE BIBLE
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DISCIPLE 1: BECOMING DISCIPLES THROUGH BIBLE STUDY - BIBLE TIMELINE DANIELS TIMELINE PROPHECY TIMELINE CHARTS
https://www.crown.org/blog/ask-chuck-preparing-for-another-pandemic/ Some questions for thought :
1. How often do you take stock on your financial health?
Frequency : Monthly, Annually, Long Term : Retirement Tools : Spreadsheet – monitor Surplus Vs gaps *Income : Dividend (fluctuates), salary (uncertainty in job market), CPF Expenses: Insurance, investments, tithes and offering, tax, travelling, education funds *Cost cutting : What items can be reduced *Risk Mitigation : eg investment Large ticket items : cars, major appliance maintenance/repair
· Planning = reduction in stress · Discipline · Level of details for visibility and planning · Health over wealth = reduction in health costs by keeping self healthy : exercise, diet
2. What measures or criteria do you look into in short, mid and long term view?
Similar to the (1). Track. Plan. Review.
3. How can we be better prepared for future unforeseen crisis to mitigate financial threats using Covid as a wake-up call for both spiritual, personal and business aspects?
Mindset Change : resilience, flexibility
Personal · Reduction in expenses = less travelling less, eg expensive car parking fees · Attire= less spending on expensive clothings · *Life uncertainty = life insurance, Hospitalisition insurance · eCommerce for grocery · Buy and Sell over pre-used items= Carousell, eBay etc · Unnecessary spending eg expensive meals, miscellaneous items, socialising · Social responsibility
Business · Reduce unnecessary travelling · Employment vulnerability => alternative career/skills · *Self-generating income = entrepreneurship, Gig economy : freelancing, eCommerce etc · Commercial real estate= reduce or increase? Transform to eCommerce; work from home · Reduce reliance on government and corporation
Spiritual · Life’s vulnerability · Spiritual Preparedness and the Great Commission · ICT has allowed unstoppable spiritual fellowship and growth · Virtual worship and services for global outreach · Outreach through sharing : food, finances, lover/care, prayer · More personal time for QT · Reliance on God and prayer for protection
Remark : Potential topics identified for Future Sessions are denoted with *.
*Income : How to generate passive income with more controllable revenue *Cost cutting : What are some of our large cost items? How can we trim costs? *Risk Mitigation : How can we mitigate financial risks in investments, business etc? *Retirement funds : How to build a healthy retirement nest?
Please feel free to suggest.
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