More Singaporeans are living paycheck to paycheck
#1

More Singaporeans are living paycheck to paycheck
https://www.cnbc.com/2025/08/14/singapor...iving.html
Reply
#2

Really ah? 
Then how cum the COE prices and the HDB resale prices keep on breaking records after records?

8Umbrella Umbrella
[+] 1 user Likes klat's post
Reply
#3

(14-08-2025, 04:10 PM)klat Wrote:  Really ah? 
Then how cum the COE prices and the HDB resale prices keep on breaking records after records?

Not really becuase of COE and housing- the survey shows more SGreans are willing to spend (beyond their means) than to save. There is a worrying trend that many SGreans have lost sight of 省吃俭用 thinking, and instead ready to take on more debt in keeping up with the joneses in materialistic society driven by competition and ill-side of Kiasu-ism. 

How to save when one is spending beyond their means and worst, cannot service their debt interest?

https://www.channelnewsasia.com/today/bi...it-4846131

You've got friendly neighbours? Grow Up! 李光耀 2013
Reply
#4

Now yunno why you shouldn't have voted for Pap. Laughing
Reply
#5

One year overseas holiday how many times?
Coffee at Starbucks?
Handphone must be latest to show off status.
Sure money not enough
Reply
#6

(14-08-2025, 09:37 PM)Migrant Wrote:  One year overseas holiday how many times?
Coffee at Starbucks?
Handphone must be latest to show off status.
Sure money not enough

Or perhaps change in perception of money and life out look. Nothing new since not just people, but society is never static.
"paycheck" to some is just part of their equation where Money is either never enough.

Big Grin

MID-CAREER MICRO-RETIREMENTS

More employees are also taking mid-career breaks – or “micro-retirement” – to recharge, pick up new skills or explore personal passions, according to business and employment social networking site LinkedIn.  Its data showed that 17% of its users who took career breaks last year did so for personal goals, up from 12% in 2020.

https://www.channelnewsasia.com/singapor...-z-5225866

You've got friendly neighbours? Grow Up! 李光耀 2013
Reply
#7

See travel Fair always got many people. The event spokeman everytime claim a lot bookings.

See eating Fair always got many people.

Online shopping also booming, you can see everyday those delivery people keep delivery parcel

than come Resale flat , people wiling to pay so much

than come Cars , this one EPIC Even youngster also can drive a luxury car even some super car. Yes a lot claim they just buy these car the COE just left few years only and is 2nd or don't know how many hands been exchange. But also not cheap either even buy 2nd hand car.

Maintenance , misc stuff , petrol all need money.


Summary , Guess either their parents are " rich " or really working living paycheck to paycheck. Maybe they wanna give all they can to their kids perhaps last time they poor so don't want their kids feel poor.

I don't know , since that is every family choice.
Reply
#8

spend on cars, travels, gadgets and perhaps some on resale flats.

All it needs is a recession, they will be broke.
Reply
#9

(15-08-2025, 11:56 PM)watchfirst9 Wrote:  spend on cars, travels, gadgets and perhaps some on resale flats.

All it needs is a recession, they will be broke.

No need to wait for recession, See how USA tariffs LOL go surely the impact will be boiling.
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)