Personal Finance
Lending money to your friends
By SG Wealth Builder  •  October 31, 2013
Last month, I completed my two weeks of National Service reservist training. I met the bunk mate who tried to borrow money from me several times. Initially, it was a bit awkward for both of us as I had refused to lend him the money. But after a while, after realizing that he did not have any ill feeling towards me, I had a good chat with him. I found out that he left his previous contract job and was jobless for almost half a year. He tried to look for office jobs but to no avail. He holds a N-Level certificate and his previous job skill was obsoleted. My advice to him was to take on part-time jobs, working either as shop assistant or cashier. At least that would bring food to the table and allowed him to sustain day to day activities. But he declined because he wanted ...
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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