economically speaking, it all about opportunity cost, u want to
spend on high end product or just a normal product, basically most
Singaporeans are media and marketing experts, they like to source
for big, cheap and good product, but usually end up paying higher
or getting a bad product deemed to be good.
Prices of goods depend on one spending power with his/her mean,
there is alot of difference btw eating at a high end restaurant and
a hawker centres, alots of different btw driving a car and taking
public transport, a lots of different btw shopping at cold storage
and seng siong, and also btw trendy T shirt and Thai makes T shirt.
Therefore, one determine her opportunity cost, where she wants to
put it, what is her means and where her financial position
is..expensive can be inexpensive to some, skyrocket and high
inflation can be not true to some who earns 10k, eat at Hawker
centres, take bus, live HDB, tour Malaysia and around the region
only, buy just can wear clothing, use his thing wisely until wear
and tear, etc etc. But to one who earns only 2k per mth, go trendy
shopping at ION, cut hair at respected salon, travel to US and
Japan, change electronic gadgets like HP and
laptop every 6 months, eat at posh restaurant...i think
the prices to him is not only skyrocket, it is space rocket to
another galatica liao...in any way of speaking, you got to be
economical of who you are and where you are,,,then u will not find
prices is high, and infact you gain at times from Gst rebate
whereby you dun pay much incomparing to those high spenders
spending on high class stuff.
