He has gotten his flat and getting married soon; but he is financially stress as he has supported himself and paid for himself his tertiary education as his father's CPF OA was not enough to pay for his tuition loan after using up for his elder sister's tertiary tuition fee. While his peers are saving money; he is paying off his student loan and working hard to support himself. He blamed his father for his financial stress and repeatedly reminded his father that his sister didn't have this financial burden on her but he has. He felt so unfair!
Not easy to be parents as we have to plan for our children future too. If we failed to do that our children may silently blame us in their heart! That is the fact of life as parents we have chosen to take this route so we must work harder to increase earning and improve on personal finance and investment. Bo pian as we have extra mouths to feed!
I am 61 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and retired @ 60 from full-time job as employee.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 2nd year uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Last updated: 3 Sep 2017
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