S$2,906 a ‘reasonable’ starting point for a living wage in Singapore: Study

Sure or not...

https://www.channelnewsasia.com/singapore/reaso...

Discussion (6)

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David@richlifewithdavid

18 Oct 2021

I really struggle to see how this is ‘reasonable’ particularly the quoted figure is for ‘a couple with 2 kids’ aka 4pax?

That said, what’s reasonable to me may not be reasonable to others..

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Wrong Sean

17 Oct 2021

I believe it is always better to compare upwards rather than downwards.

Without such numbers being floated to prompt debate and reflection, people tend anchor to what they experienced. A starting wage of $1800 might be ok ten years ago. Is it really enough now?

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1M45

17 Oct 2021

Can survive. But you wont feel good, very basic lifestyle....

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Past 2 to 3 months have been educating, back testing and forward testing with demo acc on a daily basis for forex. Feel like I'm kind of ready to start live. Wondering if anyone with experience in fx has any advice before i start. Thanks ! ?

Is $2,000 enough for a couple to live in Singapore?

I’m a PR and I’ve been living in Singapore since young, through no fault of my own. I am now serving the army and at the point of discernment to be a Singaporean. What’s the pros and cons?

Hi I bought a WL plan last year but thinking if should cancel and buy term. GREAT Flexi Living Protect 2 (200% multipler) $3400 PA Not much of an investor but might start small Need some advice TIA

I’ve just started working and with that I also started learning how to invest. Currently, my plan is to RSP $100 into STI ETF, Stashaway and Syfe per month. Would that be a good starting point?

Is $2,000 enough for a couple to live in Singapore?

I’m a PR and I’ve been living in Singapore since young, through no fault of my own. I am now serving the army and at the point of discernment to be a Singaporean. What’s the pros and cons?

Hi I bought a WL plan last year but thinking if should cancel and buy term. GREAT Flexi Living Protect 2 (200% multipler) $3400 PA Not much of an investor but might start small Need some advice TIA

I’ve just started working and with that I also started learning how to invest. Currently, my plan is to RSP $100 into STI ETF, Stashaway and Syfe per month. Would that be a good starting point?