Man drowning in family debt says he is losing hope: ‘I am just destined to fail and work like a dog with no purpose in life’
SINGAPORE: A man who’s drowning in debt recently vented on social media about how terrible his current situation is and how he is slowly losing faith that he’ll ever see the light at the end of the... This article ( Man drowning in family debt says he is losing hope: ‘I am just destined to fail and work like a dog with no purpose in life’ ) first appeared on The Independent Singapore News .
Singapore man venting on social media about family's crippling debt reveals he is losing hope. On r/SingaporeRaw forum, the individual shared his family's financial struggles, stating that all but his mother have taken out loans. His eldest brother lost S$70,000 trading, while his father, a Grab driver, took three loans to support his son's activities.
The man himself defaulted on student loans to help his father, resulting in a demand for S$24,000 payment. The family requires S$12,000 monthly to cover debts, bills, and daily expenses. The man, who earns no significant income, is overwhelmed and plans to take part-time work to alleviate the burden. His mother, the only debt-free family member, has pawned her jewelry for financial assistance.
Many Singaporean Redditors suggested the father and brother stop taking on debt, while others recommended creating a household budget and dividing debt repayment responsibilities.
Written by urgent.news from The Independent Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
