This is a story about my father, actually.
About 9 years ago, my father talked about his unsettling debts – largely caused by credit cards. Our family tried to convince him to register for AKPK, a debt management programme. After given much thought, he agreed.
I am glad that he spoke about it, asking us for solutions. It is never too late. We went through the whole process together, not leaving him to deal with it alone. He found a job, pay instalment monthly, consistently checking online portal and ensure the payment made on time and printed yearly statement for record and file.
Fast forward to today, I am happy to announce that he is free from debt…. Yeay!
…at the age of 68. It is never too late, you know.
As for me, it is a great lesson and in the first place, we are not encourage to spend beyond our means. Perhaps my father had his reason but I wouldn’t mind to live poor as long as we are not trapped in debt. I settled most of my loans (various legit reasons) except my housing loan which I just signed up in 2019. 35 years to go, y’all.
Will write more on my view about money matters. I am not a professional so don’t expect I will talk about investment etc because I choose to have a simple life.
Laman Nadia 