After losing $95k life savings, man driving taxi to keep roof over family's heads: 'It's make or break'
A former project manager in Singapore is working as a taxi driver to support his family after losing his life savings in a failed investment. His situation is further complicated by ongoing health issues and the aftermath of a recent traffic accident.
Why it matters
This story illustrates the personal financial precarity faced by individuals dealing with investment losses and health challenges in a high-cost urban environment.
It felt as though life was finally on the upswing for Travis Wong when he sold his flat in 2025. The sales proceeds brought much-needed financial relief for his family and gave him room to focus on growing his businesses.
Then, the former project manager lost $95,000 of his life savings investing in an acquaintance's company. He says an agreement for monthly disbursements was not honoured.
Still, the 46-year-old Singaporean had bills to pay — the most pressing of all a monthly rental of $3,500 for the HDB flat he, his wife, and their two sons now live in.
He declined to provide further details about his family, citing privacy concerns.
Becoming a cabby was Wong's way of rebuilding life.
He explained to AsiaOne: "The only way I can get out of this situation is to make sure that I have money coming in every day.
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