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3 ‘Ds’ To Remember From National Day Rally 2016

National Day Rally 2016

Source: Channel News Asia

National Day Rally

National Day Rally used to be an event that Heartland Boy’s tutees dreaded. That is because when Heartland Boy was still a young and dashing part-time JC Economics tutor, he used to give “open-ended” assignments based on the National Day Rally. Most of the tutees found this assignment quite strange at first until Heartland Boy was able to demonstrate how the economic policies mentioned in the National Day Rally were directly related to their examinations, lives. In this way, as the proverbial teacher armed with all the answers, Heartland Boy had no choice but to watch the live broadcast of the National Day Rally as well. As the years go by, this soon became a habit. This year, the National Day Rally 2016 became the ‘bedtime movie’ for Heartland Boy as he had to turn in early for his morning flight to Jakarta.

So, if you missed the National Day Rally 2016, fret not! Heartland Boy has encapsulated it into 3 ‘Ds’ as an easy summary for you to remember!

Disruption To Our Economy Is Here To Stay

Perhaps the only certainty in our economy is that ‘Disruption’ is here to stay. Prime Minister Lee cited the examples of Uber and Grab as disruptive technologies. These new entrants challenged the conventional way that commuters use public transport.

disruption to economy

Source: dwptechnology.blog.gov.uk

Indeed, they massively moderated the behavior of Heartland Boy and his colleagues. Being the youngest amongst the group of expatriates in his company, Heartland Boy shared with his colleagues on how he saves about $7 per trip by taking Uber instead of a taxi from the airport. Since Heartland Boy makes about an average of 6 trips per month, this translates to a massive $42 per month!

Initially, some of his colleagues were hesitant and uncomfortable about switching to Uber. Doubts such as using the application and communicating with the driver etc crept in. However, after Heartland Boy demonstrated how user-friendly this entire process was, his colleagues gradually made the switch. Now, they count themselves as proud members of a “cool” disruptive technology.

It would have been an easy option to bow to protectionist measures. However, the government did not close the door on these disruptive technologies. Indeed, Heartland Boy agrees that the only way for the country to move forward is to embrace and celebrate these disruptions. Courtesy of Yahoo, here is a sneak peak of more disruptive technologies coming ahead!

Divine Discontent Amongst the Populace

Because disruption has now become an inherent fixture in today’s economy, it is no longer sufficient to be just conscious of it. As Prime Minister Lee put it succinctly,

“What I would like is that we be blessed with divine discontent- always dissatisfied with where we are, always driven to do better. And yet, that we have the wisdom to count our blessings.”

Divine Discontent

Source: www.jarofquotes.com

This was extracted from his National Day Rally transcript. For Heartland Boy this remains the highlight of his entire speech. It has now become essential to be perpetually discontented with the status quo, so that one constantly seeks to improve and upgrade oneself.  Singaporeans will be glad to know that there is a structured programme put in place for them to channel their discontent to good use. SkillsFuture will plant the seed of lifelong learning and enable employees to adapt dynamically to disruptions in the economy. There are over a thousand courses approved by SkillsFuture which allow eligible Singaporeans to utilize $500 worth of SkillsFuture Credit to pay for approved courses.

A good example of divine discontent would be the “course-hungry, always upgrading” Heartland Girl.  3 years after her graduation, she had managed to enroll herself into a Master of Arts (Counselling and Guidance), became a Certified Holistic Nutritionist, attended art therapy and yoga classes, and also completed multiple courses on Udemy spanning expansive and diverse areas such as website development, photography etc. It wouldn’t have come as a surprise if Prime Minister makes her a shining example in the next National Day Rally.

Determination Of Our Leader

While this was not explicitly expressed in Prime Minister Lee’s message, it was a takeaway gleaned from his “fainting” incident. For those who missed that heart-stopping moment where Prime Minister Lee had to take ill during the middle of the National Day Rally, you can watch it here.

After the Prime Minister Lee had his short rest, he wanted to continue and deliver the rest of his message. (Of course, he was given the green light by the doctors on duty to do so.)  Heartland Boy was really touched by this gesture. It really would have been totally comprehensible if he had chosen to re-schedule the rally. However, Prime Minister Lee was determined and insisted on completing his duty. Such was his fighting spirit and leadership that it can only inspire Singaporeans to remain divinely discontented, so that there can be many more disruptions to the economy.


7 Comments

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Comments

  1. My Sweet Retirement says

    August 28, 2016 at 12:07 pm

    Increasing number of technologies are impacting our daily lives. Yes, Uber and Grab have an impact on our daily living. No longer we depend on common blue taxis for transport.

    I never used Udemy before because the prices seems expensive. My way of improving myself is borrowing books from library and sometimes buy a book or two from bookstores.

    Reply
    • Alison_Liew says

      August 28, 2016 at 9:41 pm

      Hi Sweet Retirement,

      I thought Udemy is free, at least that is what Heartland Girl told me! Cheers to your habit of reading books! that’s very impressive! I should allocate more time to reading books next year as part of my new year resolution.

      Reply
  2. Blurfish says

    August 29, 2016 at 1:13 pm

    Some of the Udemy courses are free, but some have to be paid. For the latter, you may also wanna check if they qualified for SkillsFuture credits as well.

    Reply
  3. Unintelligent Nerd says

    August 29, 2016 at 7:38 pm

    Hi Heartland Boy,

    Thanks for the useful summary. Other MOOC platforms such as Coursera, EdX, and Udacity are good too. Have you tried those as well?

    Regards
    UN

    Reply
    • Alison_Liew says

      August 29, 2016 at 11:22 pm

      Hi UN,

      I personally have not tried any of these platforms, but Heartland Girl has taken some nutritional courses from Coursera!
      Thanks for the recommendations!

      Reply

Trackbacks

  1. Shopback: Save On Online Shopping With Cashback And More! says:
    September 25, 2016 at 4:00 pm

    […] he books his air tickets using the ANZ Optimum Credit Card to enjoy 5% cashback. He also takes Uber instead of regular taxis. He thought that was the furthest he could stretch his dollar, until he was […]

    Reply
  2. More Brown Rice After National Day Rally 2017? | TheFinance.sg says:
    August 25, 2017 at 8:01 am

    […] look forward to the National Day Rally, unless they were unlucky enough to be Heartland Boy’s previous economics students. Call him a nerd, but Heartland Boy listened to the National Day Rally online while he was […]

    Reply

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Welcome to Heartlandboy.com

Hello there, I am Heartland Boy! I am always thinking about how I can improve my financial literacy in order to achieve financial independence. This is the place to be if you are hungry for financial independence (sometimes good hawker food as well) and foolish enough to believe in the musings of Heartland Boy. Read More…

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