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Can a Singapore Family Survive with $2000 Salary? Here is the Maths!

Thread starter tomychua
Start date Nov 4, 2015

rodent2005

Alfrescian

Loyal

Nov 5, 2015

tomychua said:
Remember this: this man is contented. In other words, he’s fine with spending less without data plan, as long as he has the time to spend with his family.

Do note that for a $2,000 gross salary, the take-home pay is $1,600 after CPF deductions.

Unless he has a million in the bank, he should not be contended. It is not good enough that his pay is just enough to cover his expenses, he must have some left over to save for a rainy day. Let's see how contended he will be if he is retrenched without any saving to tide him over.