One time, she overheard her daughter arguing with her Kuya (older brother) on the phone. What she heard tore her heart.
With
anger in her voice, her daughter said, “Kuya, it’s your turn to give
money to Mommy! I’m the one who takes care of her at home! I’m the one
spending for her food everyday! And I’m the one buying her
medicines. Last week, I spent P3000 for her meds! My husband is already
complaining why we always don’t have money!”
When Lola Penny heard her daughter complaining, she began to cry.
The painful words she heard that day were like many knives stabbing her chest.
Lola Penny felt she was just a burden to her children.
And she wanted to die right there.
Here’s
the irony: All her life, as an accountant, Penny was very good at
managing the money of her company—but she never managed her own money.
This is not just a story.
This is harsh reality: According to surveys, 98% of people aged 65 and above are just like Lola Penny.
They depend on their kids, or they depend on their tiny pension, or
they depend on charitable institutions, or they have to keep working—or
they have nothing to eat.
Only 2% of people aged 65 and above are financially free.
Like Lola Pilar.
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