This is probably some old news you may have read a few days ago. Starhub will be retrenching 300 full time employees as part of a S$25 million restructuring exercise. This has brought back some of my bad memories. Believe or not, I was once retrenched and it came unexpected. I am not going to write about the impact of the retrenchment on the share price of Starhub, but to share my past retrenchment experience and how I learnt about the importance of having an emergency fund.

Believe it or not, I didn’t know and neither was I interested in stock investing in my younger days. I believed if I work hard and deliver results in the company I am working for, I will be rewarded. The company that I was working for was doing very well until one day, the retrenchment came unexpected. The management did not explained