Tuesday, 29 July 2014

Online work for QE1401E, SG1401A, RA1401C

Hi All, 

Please read this article regarding story of the poor widow who got the almost $1m payout, but lost it all within the span of a year at *http://news.asiaone.com/news/singapore/1m-gone-year-widow-now-broke* 

We have discussed it briefly in class, if you remember. Now, recall and add in your own comments if any to answer these three questions: 
a) What did she do that led to the lost of the payout within a year? 
b) What could she have done to safeguard the money?
c) What are some lessons that you can learn from her story? 


Answer under comments link. Thanks!

16 comments:

  1. A) SHE GIVE ALOT OF PPL MONEY

    B) SHE SHOULD HAVE PLANNED

    C) DON'T TRUST PPL . SAVE MONEY .

    -KANESSAN RZ1304M

    ReplyDelete
  2. A) BAD INVESTMENT

    B) SHE SHOULD HAVE SAVED THE MONEY .

    C) SPEND WISELY . DONT TRUST RELATIVES

    - ASHER DAVID DE LAURE RZ1304M

    ReplyDelete
  3. A) She gave the money to her relatives and spend it on holidays

    B) She should have saved the money

    C) Think properly before spending

    -Nasheret Mikhail Singh RZ1304M

    ReplyDelete
  4. A) She didn't think ahead. Now she is in hardship.

    B) She should use for her OWN family instead of her relatives.

    C) She should have kept some even she is spending.

    -Muhammad Zikri Bin Rahim RZ1304M

    ReplyDelete
  5. A) She didn't think ahead, now she's broke.

    B) She should have save it up in bank and use it only when there's really a need to use it.

    C) Think twice before doing anything and spent money wisely.

    Goh Aik Sze Calvin RZ1304M

    ReplyDelete
  6. A) She gave away the money to her relatives and spend it on holidays

    B) She should have saved the money that was given

    C) Think twice before spending

    -ErileaAng RZ1304M

    ReplyDelete
  7. Transfered attdce till here

    ReplyDelete
  8. Money doesnt come from trees
    Should save and ease her family burden.
    Never be too kind until others took advantage
    QE1401E- DANIAL BIN MOHD ZAINAL ABIDDIN

    ReplyDelete
  9. Transferred attdce until here

    ReplyDelete
  10. She should have been wise with her money and kept it for her future instead of spending it on holidays or trusting people, be it her relatives,

    She should have saved the money instead! Suffer Now Enjoy Later!!

    Plan Ahead .. Not short term! But for long term! itll only help you! Think before spending!!

    SUZANNA SINDHU - SG1401A

    ReplyDelete
  11. A)he gave some of it away to relatives when she returned to her hometown in Kedah, then spent a portion of it on a holiday in Genting Highlands with her family
    B) She should have saves it in a bank and take out specific amounts monthly so that she does not overspend.
    C)Money come, Money go. A popular saying and here we have a story to prove how easily money can be spent if we do not have financial goals

    AKMAL
    SQ1404A

    ReplyDelete
  12. acknowledged & trsfd

    ReplyDelete
  13. a)she didnt use it wisely and did not save it for future use. she did not think of the consequences which led to her bankrupt
    b)she could keep it in a trusted bank or keep it on a lock with passcode on it
    c)she should have did some planning

    Saiful Amrin
    RX1501A

    ReplyDelete

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