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Steven Sit Poh Sang

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A Monthly Curated Newsletter

As the world enters a recession, the upcoming year can pose a challenge for many due to increasing economic uncertainty, and the natural fears surrounding it. In this issue, we look at some trends and possible actions that can help us become more emotionally and financially resilient to not just ride out the challenges, but rise above them. I hope this gives us hope.

How to Be Happy in a Recession

Recession begets misery, which makes for more economic bad times. You naturally make the pattern worse by following your loss-aversion instincts. Although you probably can’t break the global economy out of this feedback loop, you can break yourself out of it. Start with the following three practices.

 
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Here are 8 ways to bulletproof your finances ahead of a likely recession in 2023

5 personal finance experts here give tips on how to protect your finances. Their recommendations include building up an emergency fund, trimming your regular spending and up-skilling

 
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How to Stay Optimistic During Hard Times

 
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I seek to reach out to people who believe in safeguarding the interests of their loved ones. Let me know if I can be of help to someone you know or care about. We can make a difference to lives when it matters most. Cheers.
 
Steven Sit Poh Sang
 
 
 
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Testimonials and Referral Notes

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Carol Chua Foo, Adjunct Lecturer, Republic Polytechinc

Steven has been a true professional in handling my family's insurance and financial planning needs. In the last 2 years, we had 2 accidents with our children and desperately turned to Steven for assistance. During both occasions, he was there to assist us throughout the journey, accessible at all hours of the day and provided us professional guidance and advice. Most importantly, he showed genuine care and concern. I guess at the end of the day, such authentic and genuine display of human emotions are the key reasons why we have been his clients since 1990s.

Theng Soo Ting

I met Steven many years ago and have seen him grown into a highly successful professional because he believed in his cause. He is highly diligent, humble and caring. He also later became my family insurance consultant and a family friend. Steven is highly professional and his belief on why he is in the profession resonates with me, the reason why I trust him completely and will not hesitate to take his advice as I know it will be to my family’s interest. He is contactable wherever he is and his level of commitment to clients is indeed commendable. Never once have I doubted that he will respond swiftly whenever I have a difficult question for him – and he always will have an answer almost instantaneously.

Loh Soi Min

I bought a simple Travel Insurance from Steven as I was going on a Everest Base Camp trek. I was totally impressed by the level of commitment and service provided. I had to be evacuated on the way down after a fall. As we had to contact AIG for approval for the medical evacuation, I messaged Steven and his response to my questions were quite immediate, giving me the necessary numbers and items claimable each time a message is sent. This no doubt helped me to get the necessary approvals quickly and I was evacuated within 24 hours. For a small value policy, Steven has shown that he has his clients' interests at heart and can be trusted fully. He is definitely someone whom I would consider as my financial adviser.

Chris, Business Owner

Ever since Steven took over my family's insurance affairs, our insurance coverage has not only gotten better, it has also gotten cheaper! Steven is one of those rare agents who genuinely strives to put his clients' welfare before any other considerations. Over the years he has displayed impressive patience with us, explaining all the details of various policies, and going the extra mile when needed. And with all that, Steven has become a friend I enjoy spending time with. I am looking forward to continuing to work with Steven for a very long time.

Pak-Tjun Chin

I got to know Steven through a mutual friend back in Nov-2019. Being a foreigner new to Singapore, Steven warmly welcomed me into his weekly hiking sessions at Bt Timah Forest Reserve. Since then, we have been religiously 'conquering' Bt Timah hill. More recently, we even extended our hike to start from MacRitchie Reservoir. Steven's motto is 'What is impossible today, will become warm-up tomorrow', and he truly believes in this! Separately, I have also grown to trust Steven with my insurance needs. Being new and alone in Singapore, I knew that having appropriate insurance coverage is paramount. Steven was very detailed and thorough in his briefing sessions and provided me coverage options that suited my needs. No pushy sales or pressure. I would strongly recommend Steven to anyone looking for an experienced, authentic and straight-taking insurance advisor.

SAL

Steven has been my "Secret Agent", trustworthy consultant and sincere friend for decades. He is the most reliable financial advisor I know. He is prompt and professional in delivering his service. I can just reach out to him on my insurance matters anytime and be assured of receiving sound advice. He cares about his clients! So blessed to having him to take care of my insurance matters!