Why would Grab go bust? They're going to get listed officially in the Nasdaq this quarter.
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Chitchat Married Sinkies With 2 Kids Need $3k A Month To Live Reasonably!
- Thread starter JohnTan
- Start date
Why would Grab go bust? They're going to get listed officially in the Nasdaq this quarter.
Now you know they have at least 1 mouth and you only have 1 to survive on.
You can't out talk them.
if it takes around $5800 per month for a family of 4 to achieve a living wage, then roughly one third of households in Singapore survive on less than a living wage. and that's assuming a family with young kids as the cost of raising them rises with age.
1. wages are not rising fast enough.
2. living costs are not dropping.
so that only leaves raising GST again to help the poor.
don't need an exceptional million dollar cabinet to do that. any fool can raise taxes.
1. wages are not rising fast enough.
2. living costs are not dropping.
so that only leaves raising GST again to help the poor.
don't need an exceptional million dollar cabinet to do that. any fool can raise taxes.
no lahhh, its the swiss' shits standards of living to be precise!
"Politicians use statistics in the same way that a drunk uses lamp posts, for support rather than illumination."
This study actually makes no sense and goes against basic intuition. You can find the breakdown in how they arrived at the $6,426 a month needed for a family of four in the ST report here https://www.straitstimes.com/singap...family of four,on household budgets has found.
If you look at the line by line items assumptions imputed, they look more like a typical middle class Singaporean spending rather than so called "basic needs". I found quite a number of very glaring out of whack items (I converted the weekly numbers to monthly as most people tend to think per month instead of per week).
Assumption used in computing monthly cost of basic needs for family of 4:
1) Eat at hawker / food court - $1,025 That's overly dramatic, why would one need to spend over $1k a month on hawker food as a basic need!? Bear in mind there is already another item of $445 for general food & beverage.
2) Clothing - $1,025. Basic needs is spend over $1k per month on clothes! WTF is this?
3) Shoes/Slippers - $191. What sort of shoes/slippers a household need nearly $200 a month as a basic need?
4) Communication - $151. Er... I'm sure basic plans for mobile and internet don't cost that much...
5) Newspaper/Books/Stationary - $492. Must be whole family PhD researchers, how many newspapers and books you need to clock up almost $500 a month? Worse is this item doesn't even include school text books and assessment books which is a separate item.
6) School text books and assessment books - $496. Xiao ah, my kid text book cost like $150 PER YEAR. Do they go Popular and buy 2 cartons of 10 year series every month?
This is the spending habit of a typical middle class PME family in Singapore, definitely not what one would classify as "basic needs". In fact my own household doesn't even spend that much in some of the items. The only items that make sense in this study is no budget allocated for restaurant and statistically zero allocated for holidays.
I think even if its halal, Chinese food sucks. Its starchy and carbo laden. No taste.
The diabetes part is due to being fed sugary drinks instead of water.
That comes to about RM9k in jiu hu. You can live decently for RM9k. But most Malaysians earn much less.
informal study is no study. I visit the least, the lost and the last. The situation is not good. Please dont spout falsehoods with your informal study and try to paint it as the gospel truth
Foreign PMET's esp PAP's beloved CECA have no problem to surpass this $6,426 figure.
Singapore graduates from its so called world class universities earn only around $3,000 upon graduation.
So now we know what PAP meant by world class -earning around 50% of what is required for a family of 4 and cannot compete against unknown paper holders from India.
My solution-lets CECA the whole cabinet.
Singapore graduates from its so called world class universities earn only around $3,000 upon graduation.
So now we know what PAP meant by world class -earning around 50% of what is required for a family of 4 and cannot compete against unknown paper holders from India.
My solution-lets CECA the whole cabinet.
For a family of 4, if only the husband is working is still sustainable provided the kids do not need tuition. The tuition industry is making tons of money. It is a good idea that China is tightening on the tuition industry. Singapore should follow as well. During my time, tuition was for the rich, now every family who can afford also want the children to go for tuition. If the kids pay enough attention in class & encourage to ask questions if they do not understand, they do not need tuition. The teachers are paid to teach & make the students understand, that is their job, why waste extra money on tuition. It cause the children not to pay full attention in class because they can always ask their tuition teacher to explain again. Many parents don't realize that tuition is putting extra stress on the children, after school should be their relaxation & play time.
Singapore’s cost of living in 2021
Let’s quickly recap the cost of living in Singapore in 2021. Compared to its Southeast Asian neighbors like Bangkok, Kuala Lumpur, Jakarta, and more, Singapore’s cost of living is notoriously high, and even basic necessities in the city-state can set you back a considerable sum.
Don worry ,foreigners n PRs earning more then that, once u are sinkues the clowns ask company Don need pay them so much so they cannot hv money n leave sg, so all the gong kia 61% will vote them in
Moslem food is more starchy. The average biryani is overly generous with the rice. Same with the rice from the nasi lemak, which is soaked in coconut milk.
The best is for couples to be DINKs...than 3K each couple goes a longer way..n no car..just BMW.(bus, mrt, walk)..w Grab..will save heaps.
For m&ds one whole family..2k is good enough since m&ds 'eat' at home n have 'family support'...
For m&ds one whole family..2k is good enough since m&ds 'eat' at home n have 'family support'...
Having kids in Singapore is not only a money sink but also a selfish act. Bringing another human to this dog eat dog society is a sin.
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