FOR AWARESS

henrylbh

Arch-Supremacy Member
Joined
Mar 9, 2004
Messages
16,154
Reaction score
861
My 91 yo lao peh got more than 100k in his posb. He simply refused to listen to put 'some' in higher interest savings account :s22:

Brought him to cimb to open a fixed deposit account. Quietly without anyone knowing, he went to withdrew cold hard cash. I learned about it only after my sibling told me that pa was counting lot of cash in his room :s13:

Today received registered letter from pawnshop requesting him to redeem or renew the pledge :s22: That was a surprise as he has atm card to withdraw money from posb.

The value of the article pawned is about $300 and I guess he got $200 only for his article cause to extend the redemption, he needs to pay $36.

What can be done when he doesn't trust anyone and does thing in the quiet?
 

bighead9n

Master Member
Joined
Apr 17, 2011
Messages
4,584
Reaction score
788
At 91 years old.... he is very smart but careful as i worry those "china" girls will find him. :(
 

havetheveryfun

High Supremacy Member
Joined
Jul 16, 2010
Messages
29,012
Reaction score
5,347
that's why we need CPF to lock the monies. Imagine just 20% of the elderly out there are like that, everyone will have a difficult time.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top