In 2017, entrepreneur Germaine Chow and her husband Shawn Lee lost $1.3 million when their business venture turned sour. It turned out to be a blessing in disguise because they realised the danger of relying on one source of income.

"I was working extremely hard for my business, and it fell into the wrong hands of partnership. We had to restart everything that we've built in the last four years," said Ms Chow, 30.