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Tag Archives: Debt

S’pore Tour Agency STA Travel Shuts Down – Heavily In Debt With Over 600 Creditors

Singapore’s travel and tourism industry is battered due to the Covid-19 pandemic, and has seen yet another loss. STA Travel, a company focused on providing package holidays for students and young people, has been reported to be closing down for good. An announcement on the STA Travel website states that they …

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He Almost Went Bankrupt With $100K Debt, Now Founded S’pore’s First Shipping Container Hotel

The Tiny House concept has been on a rise, which was one of the propelling factors for serial entrepreneur Seah Liang Chiang to build Singapore’s first Shipping Container Hotel. People around the world are choosing to downsize their living spaces, with a Netflix reality TV show revolving around the topic, …

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The 10 Biggest Reasons Baby Boomers Are in Debt

Photo by Nenad Cavoski / Shutterstock.com As baby boomers prepare for — or are already in — retirement, the issue of debt becomes increasingly important. Indeed, those born roughly between 1946 and 1964 are planning to work to older ages than the generations before them, and they’re less likely to …

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How to Break the Cycle of Debt and Mental Health

The spread of coronavirus has shaken the economy with mass layoffs and increased uncertainty. As a result more and more Americans are finding themselves in mounting debt. In 2018, the American household debt reached an all-time high at $ 13.21 trillion across 300 million people. But for those with a …

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