Delinquency is on the up. I have a friend who takes care of his finances so well. Does budgeting like a good boy. Doesn’t like to go into debt. He always mind his gap (between income and expenses)
He finds it shocked that people routinely get themselves into these situations. I explained we can’t have the same group of friends and acquaintances, since we work in varied industries.
I got a chance to work with more people born after 1980s, much more than him, and this isn’t a surprise.
Judging by my office from their account, my group of white collar workers are struggling.
InSing has an article out that serves to educate against debt. Its a good account because the guy is open to share a lot of his experience so that we can learn from it.
Singaporean professional in 30s deep in debt
- He currently earns estimate $5680 ...