He had a lot of loans to pay. Car loans, housing loans became a burden to him. Before that, his salary was high and he could afford all these. ...
...This episode made me very inspired. I really admire the person who was featured in this story. At an old age of 59, he still doesn't give up. He worked for a bank for 16 years and was retrenched because the bank was not doing well. Wanted to find a similar job but other banks did not want to hire him because of his age and his expected salary was too high. The companies would rather hire someone younger who can except lower pay. This made me think that one day i would become old also and i may face this problem too. It is important to plan for financial freedom so that we'll not be burdened at an older age.