Educating consumers

Two different approaches in educating consumer about financial planning and investments.
http://www.jeremyko.com/2012/09/two-finance-talks-two-different-approaches/

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On the surface, it would seem that the Wealth Expo would be more value for money, but sadly I was wrong. The two talks were different as heaven and hell, and I will share about TKL’s talk first.

TKL talk was held in a small SMU lecture room with about 20 people. There was no fluff, it went straight to the point regarding the different types of insurance (life, term, car, home, death etc), the ideal types to buy, rationale for doing so and it ended with a simple book promotion. The books were also not very expensive, $8 for a book. After that, there was an open Q&A where we got to pick his brain.

Most importantly, you could tell he was sincere in sharing whatever he knew and honestly felt. For example, he has an almost zen-like approach to cancer and death, which I paraphrase “When you are above 80, and it is time to die, no amount of medical care can cure you. It doesn’t matter if you are in Ward B2 or in a private hospital. Say your last goodbyes and leave your children with a fortune, instead of wiping out their savings.”