What in your opinion is the biggest waste of money living in Singapore?

Hi Anon, definitely buying branded goods that don't increase in value.

​

Also, buying during every 1.1 2.2 and so on, sale.

Our education system. If the education system can be tweeted to deliver less stress on the kids and parents, less money will be spent on enrichment activities too. Tertiary education needs to do proper planning on the way how we upskill our workforce and create a variety of jobs which appeal to different people. No point paying 50-60k for a degree and churning out thousand of graduates but employers claimed they do not have the needed skills set.

Tactical - Cars, new gadgets every year, luxury brands

Strategic - Non-investment residential property

​

It takes a lot of self-awareness and the ability to resist peer pressure and community group think to avoid both types of wastage.

Spending excessively on Lottery tickets like 4D and Toto. Overspending on image grooming and buying unnecessary stuff to show off.