1 & 2 are possible but people with no Children has lesser
commitment compared to people with children and yet there are
people with children surviving in Singapore without having to
collect cans...
3 is unacceptable to me... Parents are ultimate
priority... They've raised you, fed you, send you to school,
clothed you and loved you and you would chose your spouse whom you
known a few years over your parent whom you know ever since you
came into this world...?
so you will let ur wife and children suffer? dun forget, you also
need to eat. some families i know are only earning like $500-700
per month, not even enough to feed themselves, have to borrow
frequently from others to get by.
IMO, between parents and children, though you need to exercise
filial piety, but still, children are ur main priority. you would
want to give ur child the best you can offer, help them get out of
the poverty trap. ur parents at most live a few more yrs in poverty
and hardship. if u neglect ur child, ur child will be trapped in
the poverty cycle for the rest of his or her lifetime. and if that
happens, the same thing is going to happen to you in the
future.
and about insurance schemes. yeah. i also agree that singapore
policies are over rated. it is extremely hard to claim insurance
unlike the ease in which u hand money over to these companies.
in fact, i think you will save more if u do long term deposits
with ur money, and somemore it is more flexible then insurance
too.