For subscribers
Why elderly parents had money woes after using $600k on their children
Sign up now: Get ST's newsletters delivered to your inbox
Many parents here tend to overspend on their children and neglect saving for themselves.
PHOTO ILLUSTRATION: PIXABAY
SINGAPORE – Most parents want to do the best for their children, but a couple here are enduring retirement with money woes after splashing out around $600,000 on their children’s overseas education.
Their plight is a stark reminder that parents must make plans for themselves first before overindulging their offspring.
