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8 Oct 2021 "A family of four, with parents, a pre-teen and a teenager, needs at least $6,426 a month to afford a basic standard of living, a study on household budgets has found.
A family of two, with a single parent and a toddler or pre-schooler, meanwhile, needs $3,218 a month.
But a substantial and concerning proportion of working households in Singapore - about 30 per cent - do not earn enough to meet these needs."
https://www.straitstimes.com/singapore/p...se%20needs.
(This post was last modified: 29-03-2023, 08:22 PM by
Scythian.)
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(29-03-2023, 08:18 PM)Scythian Wrote: "a substantial and concerning proportion of working households in Singapore - about 30 per cent - do not earn enough to meet these needs."
https://www.straitstimes.com/singapore/p...se%20needs.
Today's projection could be as high as 40,%
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Live with expected expectation if earn less.
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In 2021, survey was 30% living below poverty level
But with todays much higher cost of living and lesser job opportunities, probably increased to 40% living below poverty level.
How to justify being ranked among riches countries?
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Can an average couple combined able to earn $7,000 a month? How?
Future looks bleak
(This post was last modified: 31-03-2023, 01:23 AM by
Scythian.)