Chitchat Sinkie Couple Tells Zikapore That They Only Earn $7k Per Month Combined! How To Raise Two Little Sinkies?

[knowwhatyouwantinlife]

Let's see... I love making assumptions and here's my intepretations:

$7000 per month household income, after CPF would be $5600 take home. With 13% from employer into their CPF, total input to the OA, SA, MA would be about $1400 into their OA, and about $900 into the SA & MA. Assuming their CPF is used to fund the HDB, I further assume there's no cash top ups.

So for $5600 take home, the two kids 6 and 3-ish are probably in child care, after subsidies would still need about $700 per child, so that leaves the family $4200.

Food and utilities would set this small family back by $1200, that leaves them $3000.

Insurance and education endowment could easily set them back $1500 a month, but coverage is important for a young family.

Transportation costs could be between $400-$1200, depending on either they take public transport or drive, assuming they own a small sedan, the larger figure quoted could include parking and petrol, further assuming there's no requirement for installments.

Taxes and bills would wipe out the remnants of their income, their bonuses are welcomed respite for the entire work year.

How's that for a break down of figures?

Exactly my life now great analysis

 

[sweetiepie]

He worked as a full-time storekeeper has medical coverage, annual leaves, paid public holidays and CPF

The full time cabby driver do not have these benefits

KNN yes this is one of the main reason for them to hold on to a full time job. another is that they take driving part time as not having to stick to the seats for as long as they are working, once off the seat means no incoming KNN

 

[sweetiepie]

Let's see... I love making assumptions and here's my intepretations:

$7000 per month household income, after CPF would be $5600 take home. With 13% from employer into their CPF, total input to the OA, SA, MA would be about $1400 into their OA, and about $900 into the SA & MA. Assuming their CPF is used to fund the HDB, I further assume there's no cash top ups.

So for $5600 take home, the two kids 6 and 3-ish are probably in child care, after subsidies would still need about $700 per child, so that leaves the family $4200.

Food and utilities would set this small family back by $1200, that leaves them $3000.

Insurance and education endowment could easily set them back $1500 a month, but coverage is important for a young family.

Transportation costs could be between $400-$1200, depending on either they take public transport or drive, assuming they own a small sedan, the larger figure quoted could include parking and petrol, further assuming there's no requirement for installments.

Taxes and bills would wipe out the remnants of their income, their bonuses are welcomed respite for the entire work year.

How's that for a break down of figures?

KNN the next question is does it make sense for some family breadwinner to borrow money to pay for the insurance & endowments since getting insured is very important for a young family KNN

 

[sweetiepie]

He drove as a taxi relief driver over the weekend

This sinkie is a survivor

KNN he did the correct thing to find more money knowing his money is not enough whereas my uncle has a ex colleague money not enough for family of 4 and spend all his free time calculating and finding ways to mininise loans % and and borrow from one to cover another and applying cards, attending seminars to get free vouchers KNN

 

[atham]

KNN he did the correct thing to find more money knowing his money is not enough whereas my uncle has a ex colleague money not enough for family of 4 and spend all his free time calculating and finding ways to mininise loans % and and borrow from one to cover another and applying cards, attending seminars to get free vouchers KNN

Are referring machiam like 9 caps to cover 10 bottles? Doing the juggling staff? Balance 8 caps to 10 bottles which will end up 7, 6, 5...caps n eventually declaring bankrupt when there is no more cap to cover..

 

[whoami]

off course, m&ds like you don't read the papers (berita harian included) and blind to see the m&d-drug mums with their kids when drugging.
good for prepping their daughters to fuel their drug habits when they turn 11 yo to lease them out for other m&ds

Wat has the cina thread got to do with mats?Ur gossiping worst than my prc neighbour.. Like as though ur kind nvr take drugs

 

[sweetiepie]

Are referring machiam like 9 caps to cover 10 bottles? Doing the juggling staff? Balance 8 caps to 10 bottles which will end up 7, 6, 5...caps n eventually declaring bankrupt when there is no more cap to cover..

KNN yes his part time job is a juggler. now he is at around 5 caps to cover 10 bottles but he is not afraid as he say soon he can redeem from cpf KNN

 

[bobby]

$7k to raise 2 kids still ok leh.

Better than this couple who have 9 kids with $3k salary!

Help pours in for family of nine living on under S$3,000 a month
The Hengs’ story moved readers and viewers to offer them help. On the flip side, some raised questions about the parents’ choices – and the couple respond to both groups.
image: data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==
Trying to organise everyone for a family outing is a feat in itself, in the big-sized Heng family.

By Derrick A Paulo
06 Jul 2018 12:42PM (Updated: 06 Jul 2018 04:59PM)
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SINGAPORE: Offers of free music lessons for the children, a rocking horse for the youngest child, a hamper of bread goodies – and brickbats online. These are some of the responses this family have received in the past fortnight.
And the Hengs are touched by the generosity shown, as well as a tad upset by the criticisms, since the publication of CNA Insider’s story and video about them raising seven children on a monthly income of less than S$3,000.

The Hengs, one of Singapore’s rare big families nowadays when couples are having fewer children, were featured initially on the programme On The Red Dot.

And the financial, logistical and parenting challenges faced by the family struck a chord with readers and viewers online, who wrote in offering items like toys, books, and bicycles as well as food vouchers and help with groceries.
In response, dad and sole breadwinner David Heng, 42, said: “These can all be useful in many ways. But what I value most is the heart behind the offers.”
WATCH: Life in the Heng household (4:58)


STUNG BY COMMENTS AT FIRST
Appreciative as he is now, however, he admitted that he was “disturbed and hurt” at first by the negative reactions on social media.
The main issues raised included the question of whether having a large family is unfair to the children if affordability is a struggle and whether it is irresponsible to fall back on state assistance.
The Hengs receive help under schemes such as the Education Ministry’s Financial Assistance Scheme and the Health Ministry’s Community Health Assist Scheme, as well as from the Social Service Office for things like their service and conservancy charges.
Now that he has “calmed down” since the initial sting of some of the comments, Mr Heng wonders: “Has anyone never needed help? Help can come in many forms.”

And it’s an opportunity to teach my children never to forget to pay it forward.​

His wife and stay-at-home mum Esther added that the family does not depend on such help for their daily expenses, which her husband still pays for, “but since there’s financial assistance, we can make good use of it”.
“What goes around comes around. My children are young now. In the end, when you grow old in Singapore, you may need assistance too,” said the 40-year-old.

FINANCES AREN’T EVERYTHING
The couple do not think their children are being short-changed either. Mrs Heng has asked them, for example, whether they wanted to have tuition at the Chinese Development Assistance Council, “but they weren’t keen”.
They may not go to “exotic” places overseas, but they enjoy holidays in Malaysia, which sometimes her parents treat them to, she said. “We don’t ask (my parents), but they choose to help us.”
Mr Heng cited his social work with children who have done well “without a strong financial background”, and he added: “Physical resources contribute a percentage of how they turn out, but what’s more important is the non-material input.”
While their children may be more mature than their peers and have more sibling responsibilities, Mr Heng does not think this is a bad thing. His wife added:

When it comes to changing diapers, bathing them and taking them to the playground, I’d always do it.​

What Mr Heng has realised is that “time is the biggest commodity”, which is why he just started a new job as a church executive, freeing up his evenings and weekends to spend with his children, unlike before.
He took four months to decide on leaving his previous job at a children’s home, which he “loved”, before he tendered and told his family.

image: data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==
David Heng putting his youngest, Isabella, 3, to sleep.

FROM A SCOOTER TO A MEAL
Even as the couple say they do more to provide for their children than what others saw or read about, they have already received messages of support.
Mr Heng subscribes to the point made in the commentary “Raising 7 children on S$3,000 a month in Singapore, and a tale of constructive parenting” that big families benefit from practising values like saving on food and necessities.
“My children understand the values of delayed gratification and of gratitude,” he said.
This is one of the reasons that Gardenia gave the family a hamper, loaves of bread and an assortment of cream rolls and buns this week.
“Mr and Mrs Heng have instilled family values of trust, responsibility and love in their children, and we're very touched when we can see a loving, big family,” said Gardenia Foods marketing manager Carrie Tan.
“We hope that our little gesture can bring some joy to the children.”

image: data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==
Besides a hamper, Gardenia gave bags of other products and bread snacks. (Photo credit: David Heng.)

One member of the public, who wanted to remain anonymous, contacted CNA to offer the Hengs a scooter and some toys because their story “resonated” with her as the youngest of seven siblings in her family.
In the case of food and beverage businessman James Peck, he hopes to treat the Hengs at one of his company’s eateries after reading that they seldom dine outside together.
“Growing up, my family didn’t always have a chance to have a meal together because my parents were always working. And when we went out to eat, they had to work within a really tight budget,” he said. “I sort of know what the children are feeling.”
Mr and Mrs Heng plan to respond to all the offers of help in due course, so that they are not overwhelmed by donations coming in at one go.

Read more at https://www.channelnewsasia.com/new...nder-3000-month-singapore-big-family-10504636

Don't give them cash...give him condoms & porn to matsturbate to and for her a big black vibrator with life supply of batteries.

 

[Bad New Brown]

KNN he did the correct thing to find more money knowing his money is not enough whereas my uncle has a ex colleague money not enough for family of 4 and spend all his free time calculating and finding ways to mininise loans % and and borrow from one to cover another and applying cards, attending seminars to get free vouchers KNN

Borrowings are useless and never ending. He can work part-time at 7-Eleven or Din Tai Fung for additional income ... more practical

 

[shittypore]

Now we know why our PM and his Cronies need to be paid in millions to live decently.

 

[Semaj2357]

Wat has the cina thread got to do with mats?Ur gossiping worst than my prc neighbour.. Like as though ur kind nvr take drugs

of course chinks do take drugs, the opium thread attests to that, but what they don't often do is to fuck unripe 11 yo girls under the pretext of nikah gantung and emulating their profit in marrying another unripe 7 yo child bride for you know what

 

[zhihau]

KNN the next question is does it make sense for some family breadwinner to borrow money to pay for the insurance & endowments since getting insured is very important for a young family KNN

Hmm...

I would recommend children's education endowment first, then use the remainder for the cheapest medical insurance rider after utilising CPF for those shield plans.

I would also advise against the usage of the child development account as you let the compound interest work its magic.

To borrow money to finance the insurance is a no-no, work within your means. If at all, don't take up the rider and keep with the basic shield plan for health care.

As of those TPD and other nonsense, DPS scheme can help a bit as it's deductible from CPF, sudah lah.

 

[50000]

looks like they have to stop using data plan and tap on free wifi...

 

[congo9]

Ms Felicia Foo, 30, and her husband Kelward Ong set aside savings every month - but managing to do so can be daunting, and the prospect of f
Iuture bills is an ever-constant pressure.

https://www.straitstimes.com/politics/middle-class-but-feeling-the-pinch

If you can't make 30k a month, you are considered poor. This is Singapore. I should have lobbied government to have this woman sterilised.
The poor don't deserved to give birth. Those are poor should be of Slave class.

We should have a caste system whereby singkie who earn less then 1K should not be even be appearing on streets.

 

[whoami]

of course chinks do take drugs, the opium thread attests to that, but what they don't often do is to fuck unripe 11 yo girls under the pretext of nikah gantung and emulating their profit in marrying another unripe 7 yo child bride for you know what

May i know how many mat marry 7 yrs old bride year 2018?

 

[Tongkatali]

According to Muhammad Hasnor Hashim, driving taxi can earn S$7,000 a month.

 

[maxsanic]

Let's see... I love making assumptions and here's my intepretations:

$7000 per month household income, after CPF would be $5600 take home. With 13% from employer into their CPF, total input to the OA, SA, MA would be about $1400 into their OA, and about $900 into the SA & MA. Assuming their CPF is used to fund the HDB, I further assume there's no cash top ups.

So for $5600 take home, the two kids 6 and 3-ish are probably in child care, after subsidies would still need about $700 per child, so that leaves the family $4200.

Food and utilities would set this small family back by $1200, that leaves them $3000.

Insurance and education endowment could easily set them back $1500 a month, but coverage is important for a young family.

Transportation costs could be between $400-$1200, depending on either they take public transport or drive, assuming they own a small sedan, the larger figure quoted could include parking and petrol, further assuming there's no requirement for installments.

Taxes and bills would wipe out the remnants of their income, their bonuses are welcomed respite for the entire work year.

How's that for a break down of figures?

Well it certainly sounds plausible, but like I said unless there's some real meat from the interviewees themselves there is no point in writing this article.

I must say if their living numbers are close to your guesses, they seem to lead very decent lifestyles. I mean $1200 for food & utilities coupled with $1500 for insurance and savings plus still can spend up to $1200 on transport seems adequate and that would kind of defeat the whole point of this article.

Also if we assume that each earns $3.5k monthly, after deducting all the deductibles and various reliefs it is very likely their tax bill is close to $0. Factor in 2 months bonus for each of them they can even splurge on quite a bit of luxury items.

 

[zhihau]

Factor in 2 months bonus for each of them they can even splurge on quite a bit of luxury items.

The two month bonuses are just enough for the following:
- short and inexpensive trips
- small savings for emergencies
- red/white matters

splurging? their wardrobe probably don't change much, kids may change a fair bit, the younger girl could use the hand-me-downs, lucky for the elder child (in the case of this family)

 

[zhihau]

correct me if I'm mistaken, the crux of the story was the daunting prospects due to the rising costs of living?

 

[nangkhammei]

it is not how much you earn but how much you spend unless you are woody Goh and 500k is mediocre,