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American FT complain "Money No Enough (钱不够用)" in Sinkieland

Rogue Trader

Alfrescian (Inf)
Asset
US couple learn to find ways to adjust to life here


ST_20160327_DTEXPAT27_2169177.jpg

Mr Letzelter with his wife Jennifer and their daughters, three-month-old Lucy and 23-month-old Olivia. The couple find that it helps to stock up on clothes in the US during their visits home, as they can cost less there.ST PHOTO: DESMOND WEE

PUBLISHED
MAR 27, 2016, 5:00 AM SGT

Earlier this month, this country was for the third year in a row ranked the most expensive city in the world for expats. While many say that with budgeting, living here is quite affordable, some have found that trying to emulate their life back home can get costly.


When corporate pilot Cyril Letzelter gets the chance to fly to the United States every three months, he stocks up on clothes for himself, his wife and his two children.

"Children's clothing at a Walmart in the US can cost US$3 (S$4.10) a piece but in Singapore, it's at least US$15," said the 48-year-old American, who is not surprised that Singapore has been found the most expensive city in the world for expatriates. He moved here in November 2013 with his wife Jennifer, a 35-year-old engineer.


They have two young daughters who are three months and 23 months old. Their maid is paid $1,000 a month.

Said Mr Letzelter: "We're adventurous people and we were looking for a place to raise kids that could provide them with a unique culture.

"The pay was good and the math worked out well."


PAYING MORE FOR SOME ITEMS
Grocery shopping is shockingly expensive. We try to shop at FairPrice because it's cheaper, but oftentimes we pay a lot of extra money to get products that make us comfortable.
MRS JENNIFER LETZELTER, on the family's $2,400 monthly grocery bill

The couple earn about $29,000 together, but even then, it meant making adjustments to their lifestyle.


Mr Letzelter's previous house near Denver, Colorado was 610 sq m, while his wife had a house near Boston that was about half of that size. Now, their apartment in Thomson is about 150 sq m.


Mr Letzelter said: "Housing is crazy expensive here. We're paying $4,400 in rent.


"For that amount, we can get two cars and a very big house in the US."


They have also chosen not to buy a car despite owning two in the US.


Having bought their cars at about US$20,000 each there, they baulk at having to pay at least $80,000 here. But they like the relatively cheap public transport here.


Mrs Letzelter said: "Taxis are very cheap and public transportation is amazing. In other countries, we would have to have a car, but here, we have no problems."

While they can adjust to a smaller home and public transport, getting used to local food has been a lot harder, so they pay extra for imported foodstuffs.

At $2,400 a month, their grocery bill here is triple what they usually spend in the US.

Mrs Letzelter said: "Grocery shopping is shockingly expensive. We try to shop at FairPrice because it's cheaper, but oftentimes we pay a lot of extra money to get products that make us comfortable."

THE LETZELTERS' AVERAGE MONTHLY EXPENSES

RENT:
$4,400
GROCERIES: $2,400
PUBLIC TRANSPORT AND TAXIS: $800
EATING OUT: $500
EDUCATION: $1,000
HELPER: $1,000
UTILITIES: $350
ENTERTAINMENT: $200
TOTAL: $10,650 (all in Singapore dollars)

*Also spends $15,000 a year for travel back to the US

While the family had initially planned to live here for a decade, they have recently started to contemplate a move back to the US.

Mr Letzelter has noticed a significant attempt by the Singapore Government and firms to hire more locals rather than expats since 2014.

"Far fewer expats are getting expat contracts, with many getting only local contracts, and the salaries are not as high," he said.

His wife was only able to find work as an engineer on a local contract. She said she felt compelled to work as the high cost of living here meant that the couple could not meet their financial goals - saving for retirement and their children's college funds - just on Mr Letzelter's salary alone.

The couple said other American expats are thinking of moving out or have already done so.

Mrs Letzelter, a member of the American Women's Association of Singapore, said the association used to have significantly more members. The improving US economy and a strengthening US dollar also make it tougher to stay here.

When Mr Letzelter first joined his company here in 2013, he was getting paid about 40 per cent more than he was in the US. But this has since narrowed to 20 per cent.

He said: "We really do like it here, but if the math doesn't work out, we'll go back earlier," he said.


A version of this article appeared in the print edition of The Sunday Times on March 27, 2016, with the headline 'US couple learn to find ways to adjust to life here











 

AC/DC

Alfrescian (Inf)
Asset
They have a point. Farking expensive in sg but like any FT, they can fark off if they don't like it here.
 

Narong Wongwan

Alfrescian (Inf)
Asset
$29k combined income alao tak boleh tahan.
Dumbfuck sinkie losers like Krafty making $3k thinks he's doing well when he's only surviving
 

yahoo55

Alfrescian
Loyal
The problem is Sinkies retirement. If expenses are so high in Sinkieland, how are Sinkies going to save enough for retirement.

If Sinkies are just barely able to survive with their income, what happens to them when they lose their jobs or get a big pay cut?
 

yahoo55

Alfrescian
Loyal
Car still got other costs like super expensive petrol, road tax, insurance, servicing etc.
 

JHolmesJr

Alfrescian
Loyal
Well, at least they're paying the maid a fair wage unlike some dumb fuck singos who will pay $350 with a grimace….and expect her to wash their car every three days.

Frankly, 29K per month is a fuckin huge monthly income….and Im hard pressed to see what this moron is complaining about….must have very high savings targets…obviously saving $19K a month is not enough.
 
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Rogue Trader

Alfrescian (Inf)
Asset
....

Frankly, 29K per month is a fuckin huge monthly income….and Im hard pressed to see what this moron is complaining about….must have very high savings targets…obviously saving $19K a month is not enough.

Obviously the Bordello Road prostitutes published this article to make a mockery of Sinkieland's recent ranking as the most expensive city to live in.

This angmor couple have no idea how ridiculous the press is making them look. No expat comes to sinkieland expecting the same level of lifestyle back in the US. Most come to Asia, work for a few years and then go back home to their ranch where they can keep ponies and prune their grapevines.
 
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Narong Wongwan

Alfrescian (Inf)
Asset
buy an used Hyundai mpv lah. less than $50k. Many cheapo angmos do that. he stay Thomson so close enough to go jb for petrol cum groceries.

Many dun need a car.
You see their entertainment and eating expenses is very little.
Besides commuting to work I doubt they go out much. And their kids are young no need send to school. So taxis can take care of transport needs.
 

ginfreely

Alfrescian
Loyal
Well, at least they're paying the maid a fair wage unlike some dumb fuck singos who will pay $350 with a grimace….and expect her to wash their car every three days.

Frankly, 29K per month is a fuckin huge monthly income….and Im hard pressed to see what this moron is complaining about….must have very high savings targets…obviously saving $19K a month is not enough.

This proves that angmohs are bigger complaint king than Singaporeans. My friend earning $30k per month has no complaint at all about Singapore cost of living. She has two kids too.
 

blueRad

Alfrescian
Loyal
$29k is really not a lot once you take these into consideration.

1. Condo monthly rent
2. International school fees for their 2 children
3. Income tax as a USA citizen
4. Higher cost of western food

Deduct all these from $29k they are earning as a couple and they probably live maybe like a upper middle income sinkie. $29k is really not a lot.
 

JohnTan

Alfrescian (InfP)
Generous Asset
$29k is really not a lot once you take these into consideration.

1. Condo monthly rent
2. International school fees for their 2 children
3. Income tax as a USA citizen
4. Higher cost of western food

Deduct all these from $29k they are earning as a couple and they probably live maybe like a upper middle income sinkie. $29k is really not a lot.

Sinkies should thank PAP for ensuring that they have a strong purchasing power despite earning far less than these yankees.

Few sinkies make $10k a month, yet they can afford to buy property and cars in Singapore. Sinkies pay far lower tax than these yankees, who have to pay taxes to both PAP and Obama. Sinkies are also used to the cheap swill that they call mixed vegetables rice or curry rice that most coffeeshops would sell.
 

Asterix

Alfrescian (Inf)
Asset
I also money no enough!

[video=youtube;2hgiXRbkiEk]https://www.youtube.com/watch?v=2hgiXRbkiEk[/video]
 

Leckmichamarsch

Alfrescian
Loyal
$29k is really not a lot once you take these into consideration.

1. Condo monthly rent
2. International school fees for their 2 children
3. Income tax as a USA citizen
4. Higher cost of western food

Deduct all these from $29k they are earning as a couple and they probably live maybe like a upper middle income sinkie. $29k is really not a lot.

how come angmoh cb can get job while other sgian engineers cannot find any????
 
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