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M’sian father took up huge loans, now uses up monthly pension to pay off debts

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The father, now retired is now making his children lives difficult as his monthly pension goes to paying off his debts.

A frustrated Malaysian daughter recently took to Threads to share how her now retired father is now struggling financially due to debts despite receiving a monthly pension.

The woman shared explained that her father, who was a former government employee would take on huge loans.

“He took on huge loans—through the roof—but lived comfortably just for himself.”

The father, now retired is now making his children lives difficult as his monthly pension goes to paying off his debts.

“He even had to sell his car. Now he’s borrowing my car because he doesn’t have one anymore.”

The daughter shared that sometimes she would feel sorry for her father but would often feel angry instead due to her father’s greed.

“His pension is supposed to be big enough for him to live comfortably and enjoy his retirement.

“But because he was greedy when he was younger and didn’t provide for his wife and children, I feel angry.”

The woman added that if it was possible, she would have moved far away from her family a long time ago.

“Literally, he’s living now like someone on a salary—waiting for money to come in each month, but the balance is negative because it’s all going toward paying debts.”

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