Personal Finance
My family almost went bankrupt.
By A Singaporean Stockmarket Investor (ASSI)  •  August 7, 2017
As my blog grows in readership, there are many more questions which are repeated. There is some level of predictability when it comes to questions from readers, I see. This is why I find it useful to share some older blogs regularly on my Facebook wall. It is mainly for the benefit of my new readers and also readers who are more forgetful. A question which I get asked before and which has picked up in frequency in recent months is why am I the way I am? This is a question I have addressed on a piece meal basis and to make it easier for me in future, I am blogging a reply in the comments section so that I have something which I can find easily to point to readers. Read only if you are interested in my psyche: I have some deep seated insecurities which I can never be rid of. I have provided ......
Read the full article
By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

2 Comments

2 responses to “My family almost went bankrupt.”

  1. Fred says:

    Hi,

    I too shared the same background. My family lived on social welfare when I was growing up. While others had pocket money in schools, I drank water from the school toilets’ sinks. My schoolmates kicked football with boots, I had to do barefoot. At the begining of each school year, I had no textbooks for a month or two, to await for the arrival of free school books. New clothes for CNY? I was happy just to have a tattered shirt on my back!

    The resulting inferiority complex compelled me to live like a Scrooge, even today.

    Yes, today, my properties are fully paid due to fear of debt then any logics. Until a few years ago, I still stitched holes on my clothes. I still flush my urine with a scoop placed under the sink’s tap for washing hands.

    • Derek Lim says:

      Hi Fred,

      Thanks for sharing. Our past experience shape who we are now.

      I came from a average background and I remember the occasional blackouts (due to late payments) when I was young. However, my parents always give me the best even at their own expense. It is only when I reach adulthood that I understand the sacrifices they have made.

Leave a Reply

Your email address will not be published.

Read More Articles
More from thefinance
%d bloggers like this: