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报 告      55

             With  the  prolonged  pandemic  coupled  with  the
             movement control order, there were people facing
             financial  difficulties  and  struggling  for  survival.
             Some  even  started  using  their  reserve  money
             to  cope  with  life.  In  order  to  assist  the  public  in
             better financial management during the pandemic,
             YBAM Terengganu SLC and Negeri Sembilan SLC co-
             organised ‘No Worry About Money’ online seminar
             on 11th September 2021, attracting 65 participants.

             iFAST  Global  Market  Senior  Wealth  Advisor  Lee  Li
             Chen was invited as the speaker in the seminar. Lee Li
             Chen shared the four steps of financial management,   李丽甄示范如何记录收入和开销。
             namely  understanding  financial  situation,  setting   Lee Li Chen demonstrated how to keep track of income and expenses.
             goals,  implementing  solutions,  and  performing
             regular  reviews.  She  advised  that  everyone  must
             cultivate  the  habit  of  good  financial  management
             and keep track of their daily or monthly expenses to
             avoid becoming a member of the moonlight clan.

             In addition, she also reminded everyone to be smart
             consumers by refusing to spend impulsively, refusing
             to  buy  items  with  zero  long-term  value,  spending
             within  our  means  and  staying  away  from  living  in
             exquisite poverty. Before you buy something, think
             about  whether  the  items  you  are  going  to  buy  is
             wanted or needed. Investment is risky, but if you find
             the risks to be tolerable then you can invest safely.   李丽甄为出席者厘清投资的理念。
                                                               Lee Li Chen clarified the concept of investment for the attendees.
             Avoid investing with the idea to earn windfall profits.
             You should  invest in  a gradual  process and  never   for  guidance,  rather  than  just  blindly  trusting  the
             borrow money to invest.                           guidance of some netizens on the internet.

             Lee  Li  Chen  explained  to  participants  on  how  to   She also mentioned from the Buddhist perspective
             increase their income during the pandemic and gave   that managing money is a good cause-and-effect. As
             appropriate advice.  The public  should  be  careful   soon as we start to manage our money and review
             when choosing financial investment courses. Choose   our financial situation, we can have financial stability
             only courses that have qualified and certified teachers   instead of living paycheck to paycheck.
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