How do you convince yourself to spend money in SG?
DiscussionI find it hard to convince myself to spend more than necessary while living in SG. Other than 3 meals, public transport, insurance and utilities, where possible, I will try not to buy anything in SG or procure any additional services (e.g. ride hailing, food delivery, haircut, manicure, massage, etc.) and rather travel overseas to spend. My rationale is because SGD is a strong currency and yet things here still cost more than overseas by between 1.5x to 10x depending on the goods and services you want to procure.
I know that in a healthy economy, there should be consumption to spur the economy but given the uncertainty of income and jobs these days, do you feel the same in that you only spend what is necessary while living here and make "additional" purchases only when you are overseas?
