There was news about "white knights" galloping to our rescue; so perhaps our company will be saved in the end with these new investors. Of course, there's always a catch to everything. Hmmm, let's see what happens next.
And counting down to the Cameron trip. Yay!
And counting down to the Cameron trip. Yay!
Heard a radio commercial this morning that went something like this:
Pastor: Mr. XXX, will you marry Ms. XXX as your lawful wife?
Groom : Erm... i... er... i...
Narrator : Hesitated to get married because of financial problem? Now at XXX, you can get a loan for your wedding to ease your financial burden. Money is no longer an issue for getting married....
I think in the older days, there were only car loan and housing loan. Then in recent decades, we have study loan; and now, ta-da, we have wedding loan. I guess nowadays we can just get a loan on everything huh?!
I was thinking about the reason for them to come up with the idea of wedding loan in Singapore. Maybe it's to encourage more people to tie the knot. With the problem of ageing population, it may not be a bad idea after all. Perhaps there are people who really wanna get married but couldn't due to financial considerations, so providing wedding loan is kinda like helping the couples to strike off one problem from their lists. I do wonder though if by doing this, they are not in fact creating another problem for the future.
Those who had read Robert Kiyosaki's "Rich Dad, Poor Dad" may or may not think the book is good, but there's a point worth noting: anything that doesn't make money but consume money is simply a liability. Ok, before you say a big "DUH", ponder further. We often hear people say that they have assets such as a car and a house; yet bear in mind that if these so-called assets were financed through debts and the debts have not been fully repaid, then strictly speaking, these assets do not belong to them. What they have are simply liabilities rather than assets.
For people like us who are working for mediocre pay and not lucky enough to be born with a silver spoon or strike TOTO, i guess the only way to ever own a car or house may just be taking up loans. It may take us 10, 20, or even 30 years to finally own these assets, but for the ease of commuting and securing a solid roof above our heads, maybe it's worthwhile to be a slave to these liabilities.
But now with this wedding loan, it's basically saying that, hey, since we are at it, why not make marriage a liability as well? Whoo whee, isn't that fun?!
So what's next? A loan for honeymoon? A loan to have babies? A loan for coffin and funeral?
