This “friend” I had kept harassing me to lend him money.

He kept calling/messaging to ask for money at 3-5AM so I eventually gave in because it was really annoying.

(Yes I know I’m dumb. I give in too easily. )

Since then I’ve been blocked, and ignored and I’m never getting my money back.

I know his address but I’m wondering if I can have any big buff guys to accompany me to get the money back? I’m worried he will hit me or something (female here lol)

The person is working and has the money but just doesn’t want to pay me back. ???? I’m still a student as well and it’s not a small sum.

Considering how this person would borrow money from someone younger than them + doesn’t have a job yet…

Netizens’ comments

• Maybe u shld hire the service of a debt collector then if the money is not a small sum. They do have big buff guys to do this job! Try to find out where he works too
• I always tell my friends, when money comes into the picture….the friendship is OVER
• Depend on how much is the amount. If it’s small, I would suggest forget about it.

A guy who has a degree from a local university was seen asking online if he should quit the insurance line.

Here is what he asked

“Should I quit being an insurance agent?

A little background about myself, I’m 33YO, graduate 4 years ago with a Business management degree from local university, currently I’m about 3 years in as an insurance agent. Prior to becoming an insurance agent I’ve worked a few years in an administrative role earning 3k plus per month.

Why did I change to become a insurance agent ? Somehow got persuaded to becoming an insurance agent as I was told I could earn much more. But it turns out otherwise, since I took up this role, I didn’t even hit the most basic award. I kept telling myself that next year I will do better but it has been almost 3 years. Still, no awards and I’m just getting by each day. I started late in the workforce and now I feel if i quit now, it means I will set myself back for 3 years.. and part of me still feel that I can do better.

My peers are all earning 4-6k per month minimally and I’m not even close to them.. And if I quit I’ll become a loser/quitter in this insurance industry.

Really need some advice , should I continue being an insurance agent?”

Here are what netizens have to say

• insurance is insanely high turnover. many ppl do not even earn the average salary outside based on FYC. many ppl quit and leave everyday. the shame you are talking about is self inflicted. the so called successful ones on instagram are far and few in between. if all the failures posted as well, you will realize how grim the stats are.
• stop comparing to others and you will feel happier and actually make decisions that you really want to. i believe this also relates to why you feel ashamed in the first place.
• dont waste anymore time in sales, imo you either have it or you dont. dont be like me, i wasted more time trying out diff agencies thinking its an agency problem. they are ALL THE SAME even across diff companies. hard selling ILPs and all the same nonsense.

Image source: Unsplash

A netizen shared how his parents took a loan of about $40k to pay for his private uni degree but he ended up dropping out cause he met some bad company.

He stated that he is guilty of not finishing his degree and that his parents are still paying for his bad decisions.

Here is the story:

My parents took a loan of about $40k to pay for my university degree when I was introduced by some rich friends who brought me to the nightlife.

Yes, I did drop out of university and abandoned my degree, because I thought I could make more money from my friends who were rich than any jobs my degree could get me.

I lied to my parents that I couldn’t keep up with my studies and dropped out of the degree because I wanted to pursue other interests, of course, they got angry.

But I promised them that I would pay back the loan that they took for my degree, with interest.

I am in the midst of raising enough money to pay back my parents for the loan that they took out for my degree including my interests.

However, I could not do so and ended up working at a bistro bar which makes next to nothing and I can barely survive.

I really regret it and I have no idea how to continue for my future, I don’t want my future to be like this and I am afraid that I have to continue working in the F&B and never get a high salary.

Alot of people say F&B earn a lot, ya if only you are the boss, not an employee.

Image source: Unsplash

My name is Alec, and I am 19 years old.

I graduated from school in 2021. I’ve been working part time for almost two years now. I was making around 20k per year doing what I was doing.

I come from a single mom who works her hardest to make sure there is food on the table. I am thankful enough to be where I am and I am thankful for the position I am in.

I live without paying rent. I was able to buy my own car with the help of mom, and aside from my phone bill and my car insurance, I don’t have too many expenses.

I start a new job on Monday at a new company, and while it’s not an insane amount, it’s more money that I am used to, I am going to be making around 50k / year now.

My goal here is to be able to make a plan for myself. I want to be “successful”. I don’t care about being the wealthiest, but I want to be comfortable. I would like to move out in the future. I want to retire early. I want to be happy and financially “free”. I just don’t know where to start.

I want to make a saving plans for myself, I want to learn about investing, I want to learn about LLC’s and about taxes and loans. I’d love to learn about how all these things work, so that I can come up with something for myself.

Does anyone here have any tips and suggestions on where I could start learning? What I should learn first?

Also, if you took the time to read my post, thank you.

Netizen’s comments

Congratulations! You are thinking of this before most of your peers have even got the idea. Keep thinking about this, it will be a journey and you’ll need to return to it over and over to ensure you’re on the right track.

Specifically speaking, you’re asking about investment. Investment is spending something of value to receive something of greater value in the future, plus some risk.

You have three kinds of investing available to you:

Investing your money – Take cash you earn and put it into long term investments such as using and investment account to purchase a low-fee index fund.

Investing your time – Earning extra money on side jobs, small things you can sell, growing things to sell, etc.

Investing in yourself – Getting a college degree, or certifications

At your age and life stage, investing in yourself will probably give the biggest return

Your job/career is the single largest decider of your wealth in the long run. Investing in yourself unlocks higher wages that makes everything else so much easier. Picking numbers out of the air…in terms of the money flow possible in your life and being able to get what you want…75% of it is your wages from your job. 15% is your housing costs. 10% is everything else. All the real suffering people do to save money happens in that 10%…and I guess in school to get the degree if you don’t enjoy learning.

You use this investing in yourself to get wages which you invest as money. Money investments then earn money, and that is the key to retirement. When you realize that money earns more money, saving becomes obvious…but you need that high wage to make the saving add up.

TLDR – I recommend picking a couple of high paying careers you 1) might like 2) can get hired to do easily, and 3) would be intellectually well suited for…then figure out the education or certifications you need to get there and how to get that as cheaply as possible.

A woman was seen asking online if there is a way where she can stop the bank from loaning money to her Dad as he is always very susceptible to scams and has already fallen victim to these scammers many times.

Here is what she shared

‘Hi all, my elderly dad lost $13k USD to a bitcoin scammer 2 years ago. However after they stole the money, they contacted him saying they need $4k to unlock the stolen funds.

Of course anyone with a shred of intellect would know that’s a scam, but he went against my family’s advice and went to loan money to pay this. Needless to say, he didn’t get his money back.

The scammers still have the gall to call him every few months with different numbers to say that it was some clerical error or they’re calling from a recovery firm.

Every time we’ll catch him talking to them and stop him from doing so. But we’re tired, my mom can’t sleep properly worried about this. Today it happened again and we overheard him saying he was going to take a loan in order to unlock the funds.

Tomorrow, I’ll be bringing him to cancel his phone line (hopefully to prevent them from contacting him). But anyone has any advice on how I can possibly request banks not to disburse any loans to him?

We have already contacted most of his close friends and family members not to loan any money to him in the instance that he tries to ask them for a loan.

Is there anything we can do legally so that we can have some peace of mind? Thanks.”

Here are what netizens have to say

• I would start w a police report then writing to banks? Having said that…. whats to stop him from going to ah longs for a loan?
• I always wonder how scammers can keep scamming people despite there being so many warnings and notices and all. And now i know people like your dad exist… amazing.
• Cancel all of his credit lines with every bank i.e. credit cards and line of credit. But as another user just mentioned, nothing stopping him from going to loan sharks…
• Contact the bank and scam hotline they can help to freeze the accounts. And also spend more time with your dad to help him understand how technology works. Sometimes knowledge is power

Image source: Unsplash

We employed a helper for my grandmother who is independent with daily activities. she also takes care of my bedridden uncle.

She has her own room, off days twice a month, we compensate her financially.

She has been here for less than a month, hasn’t paid 50% of what she owes, and we spent almost 7k to get her here.

She mentioned that she wants to go home as her children are alone with her elderly parents (her husband has unfortunately passed on) a few weeks ago.

We told her we would pay for her air ticket back, she just needs to hang in there while we wait for the new FDW arriving in 2-3weeks.

She agreed, but also indirectly asked if we would pay for the money she owes the agency. Of course we said no.

This morning, my grandma woke up to find her gone. Her passports with us and she has a fair bit of belongings left behind.

A police report was made and we were told she was at a home. It seems she wants to run away and not pay whatever she owes the agency.

How do we proceed now?

Netizens’ comments

• contact the agency. they will be able to advise you
  • We have, they will only be settling things concerning them. The FDW’s passport and most of her belongings are still with us which the agency expressed they won’t be handling as they already “lose money” by her running away.
    • I thought employers paid agency on behalf for the fdw
      Is it part of the 7k fees you paid ?
      • No leh, we paid them even before she arrived and a portion of her salary she has to give to the agency until she has paid the debt she owes. We don’t interfere with that part so not sure what’s the process

A netizen shared a story about how his friend had struck TOTO and won a quarter of a million dollars, and decided to quit his job and just enjoy life.

However, he soon spent it all and ended up back to square one, broke and now continues to be without a job.

Here is what he said

“My friend struck TOTO more than half a year ago, winning $250k from the Group 2 prize.

He gave all of us about $5k, then went ahead to quit his job, saying that he wanted to go travelling and enjoy his life.

We told him that it was a bad idea and that it wouldn’t last, we kept trying to tell him that he shouldn’t quit his job because he won $250k, not $2.5 million.

He told us that we were just jealous of him and said he knew what he was doing. He quit his job as a HR manager.

We saw on his Instagram in the months that followed, photos of him with different women in different countries, partying, drinking, gambling and going to expensive restaurants.

He even went to the famous Salt Bae restaurant and got the head chef to feed him a tomahawk steak with gold foil on it.

Anyway fast forward to a few months ago, he returned to Singapore and started asking all of us out. But this time he didn’t treat us to anything and insisted we split the bill, which we had no issues with.

He then told us that he ran out of the money that he had won from TOTO and said that he has been looking for a job for more than a month.

He said that he was down to about $3k inside his bank account, and that he regrets quitting his job so soon, and wants our help to help him on his unsuccessful job search.

We said “told you already what, you see la? Now become like that…”

Anyway we tried to get him job opportunities in our respective companies, and are still waiting for our companies’ reply.”