The poor people in Singapore really have sad stories to tell. While I am striving for financial freedom here in Singapore, there are actually poor people all around me who cannot even dare to dream of such an end goal.
Their lives are tangled in an unending cycle of debts, medical bills and other payments that they must make to simply survive. They have simply no savings at all.
Sometimes, one can really wonder whether it is due to their own efforts or pure misfortune that they end up doing what they are doing.
We can see the poor all around us in Singapore if we open our eyes. They are there begging on the streets, collecting soft drink cans, selling tissue paper, lottery tickets and stuff. Some of them have a sad story...some of them just have themselves to blame.
However, I don't think that one should judge them and not give them any money just because they are poor.
You never know all the sad stories behind their lives and how some of them were just like you but due to some family problems (usually illnesses and hospital bills) that they end up where they are.
As our society gets significantly older, many people might not have done the necessary financial planning to make sure that they are insured and saving sufficiently for future unxepected events. I guess that is the government's concern and it's also why they are encouraging people to save more and setting the retirement age much higher.
This video shows a sight of Singapore that is not commonly seen. I have personally seen some of these sights before and it saddens me.
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