In today Singapore society many people spend almost all their income monthly.
So nothing much Left then for saving.
We can blame them for poor financial management.
But looking deeper how many of us dont have a family with children to feed.
Especially you are single income earning only
I know.
I was like that before. Single income. I was only a medical officer salary about $4500 a month. 2 young children.
Tough in Singapore. Costs are high especially housing and car.
That's why I left Singapore lah. My kids will have it easier in future here in Canada than in Singapore.