[lvlrsSTI]

[Alice Alicia]

Not too bad.
That's about $5200 per month net.

[p1acebo]

But if got aunties accordingly to FA will fondle you all over and make your undies wet wet

[Scythian]

.
$1300 X 52 weeks = $67,600 a year 

What other available jobs offer $67,600 a year?

Is this better or worse than an average office worker?

[Scythian]

.
$1300 X 52 weeks = $67,600 a year 

What other available jobs offer $67,600 a year?

Is this better or worse than an average office worker?

How about minus car rental?

[ArielCasper]

How about minus car rental?

Yup.. You buy a machinery to bring in revenue. The machinery loan becomes an expense to your P&L.

What is missing here is the machinery loan, unless we are saying that the car is fully paid..

[Blasterlord2]

There's no career progression. But if you are beyond 40s I think it's ok.

[WhatDoYouThink?]

dun get sick or accident/repairs

[lvlrsSTI]

.
$1300 X 52 weeks = $67,600 a year 

What other available jobs offer $67,600 a year?

Is this better or worse than an average office worker?

Avg 10k for office workers plus annual fixed and variable bonuses…Low income tax…in Australia you have no annual bonuses max $1-2k cheque…in Spore 3-6 month bonus is common, people in commodity and oil industry are getting 12-18 month bonus

[lvlrsSTI]

Avg 10k for office workers plus annual fixed and variable bonuses…Low income tax…in Australia you have no annual bonuses max $1-2k cheque…in Spore 3-6 month bonus is common, people in commodity and oil industry are getting 12-18 month bonus

In Australia even if you earn 250k after tax you take home 150k only, no annual bonuses, no dental and medial reimbursement, must pay a fee to get medical consultation with a GP and must pay $15-20 for the medicine, where got free Medicare? Dental is expensive, annual checkup and polishing cost $350 and more, Medicare doesn’t cover the dental cost

[Scythian]

Yup.. You buy a machinery to bring in revenue. The machinery loan becomes an expense to your P&L.

What is missing here is the machinery loan, unless we are saying that the car is fully paid..

Servicing, repairs, and maintenance costs

Insurance premium

[starbugs]

Wa...5200/mth. That's less than my dividend income.

[Ernesto]

Yup.. You buy a machinery to bring in revenue. The machinery loan becomes an expense to your P&L.

What is missing here is the machinery loan, unless we are saying that the car is fully paid..

Even is fully paid , it should consider as cost in advance plus interest.

[Scythian]

Avg 10k for office workers plus annual fixed and variable bonuses…Low income tax…in Australia you have no annual bonuses max $1-2k cheque…in Spore 3-6 month bonus is common, people in commodity and oil industry are getting 12-18 month bonus

So an AVG office worker earns S$120,000 ($10K X 12 months) a year - fairly good salary.

Add 3 months bonus S$30,000 = S$150,000 total.

A married couple's earn S$300,000 a year.

If both worked in commodity and oil industry sectors, they will be earning double, a combined income IE S$600,000 a year...wow

[Scythian]

Avg 10k for office workers plus annual fixed and variable bonuses…Low income tax…in Australia you have no annual bonuses max $1-2k cheque…in Spore 3-6 month bonus is common, people in commodity and oil industry are getting 12-18 month bonus

Am I right to say AVG salary across the board increased 100% within 22 years from Y2000 to Y2022 (IE $75,000 > $150,000)

[Scythian]

In Australia even if you earn 250k after tax you take home 150k only, no annual bonuses, no dental and medial reimbursement, must pay a fee to get medical consultation with a GP and must pay $15-20 for the medicine, where got free Medicare? Dental is expensive, annual checkup and polishing cost $350 and more, Medicare doesn’t cover the dental cost

In Singapore, virtually no lower income earners as all are fairly rich living in comfort private apartment.

How come Josephine Teo says 460,000 age 65 and above  pensioners collecting avg CPF $350 payout a month?.

Misrepresentation.

[Scythian]

In Australia where got free Medicare? Dental is expensive, annual checkup and polishing cost $350 and more, Medicare doesn’t cover the dental cost

"Do Australian Pensioners get free dental treatment?
Adults must generally have a healthcare card or Centrelink pensioner concession card to be eligible. Depending on the state or territory in which you live, dental treatments may be free of charge or a partial payment for the treatment may be required"

[Scythian]

Even is fully paid , it should consider as cost in advance plus interest.

[/quote]

Yearly Depreciation the cost of a vehicle over 10 years - as an expense.

[Scythian]

..

The killer is the cost to own or rent a vehicle.