(The following is based on a real life event)
Eugene (not his real name) is a 26 year old male Singaporean. He holds a 9-5 job and earns $2,500 a month as an executive in a MNC. Having worked since completing his local diploma, Eugene found his career opportunities and wage growth to be severely limited by his lack of a college degree, his job roles have mostly been in customer service & admin positions. On a personal level, Eugene is a avid soccer fan who enjoys placing small wagers on EPL games on weekends.
Earlier this year, Eugene suffered a serious fracture in a soccer game when he was between jobs and was without income for 6 months. A combination of prolonged bad timing & bad luck wiped out the little savings Eugene had. After liquidating all his insurance & investments, he still found it hard to ...
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