5k/mth not enough for the family!

hloc SG

Yup, it's never enough. That's y it voice down to the lifestyle each individual is looking for. When I eran $2k a month, I find it not enough, then when I earn $3k a month, lifestyle change a little, still not eough. As you earn more, ppl around you earn more, lifestyle changes. so it's never enough.. I am not saying not earning or half of it will die.. Different income group have different spending habits and patterns.. Mid income wants a colourful lifestyle, lower mid income just get to past by... No 1 has enough.. Only the rich will have enough.

Sadly.... I doubt even the 'Rich' will know how much is enough.

Bill Gates had been titled "The World Richest Man"...... that didn't stop him from just cashing in his shares in MS and just live life. The only good thing is that he did donate alot of his own cash....

guaiboiboi SG

if you don't budget your money no matter how much like say $1000,000 1mth also not enough la wah lao!

Tosan SG

Which goes back to my question..... HOW DO YOU DEFINE THE WORD - ENOUGH.

Enough as in -

*4Room HDB

*No shortage of food & clothing

*1 family holiday a year to nearby places

*Children goes to school

*Some money leftover...

*Condo/Landed property

*Only the best from restaurant and branded clothing

*2 - 3 holidays a year to USA, Europe.... etc

*Children must go SAP or International School

*Must have lots of money leftover

*Car (MPV/SUV)

If you only earn $5K..... which is the one you think you could afford Please use Brain and think.....

Yalor, so hao lian, have everythings on right hand but paid them on the left hand end of the mth.

Anyway, welome to Singapore.

wheelcamp SG

$5000/month enough?????

Some people with around $3 million/yr or $250 000/month also feel not enough….

Perhaps these overpaid millionaires should put things into perspective…

Genie99a SG

They did get a "boost" to continue their struggle. The average low income household will get maybe around $1400 (dad and mum only, and forget the stupid ST report of $2300). This is at most 1 mth of salary for them.

Yet it is the single parent families (divorced or one parent passed away) that are the ones we should be more concerned about. They might only get $750 at most, and I don't see how this can help them much...

It is good that there is progress bro.... but seriously $1.4k income for a household is not nearly enuf. I would expect 2.2k-2.5k as the bare minimum. But still progress is good .... one small step in the right direction .

The older generation worked when $10(now) was $1 back then. Now thru the erosion of inflation the savings they have prepared for retirement has shrunk. That culmulated with the appreciation of the cost of land thru the years.

They were the workforce when Singapore was struggling to be a 1st world nation. Seriously feel that money should be cut out of that damn golden goose and given to them.... and i don't care about the golden goose growing skinny, budget for it. And reaping golden eggs in the distant future is not a concern to them ..... cos they will be DEAD..... they want to see the $ before they die.

Catknight SG

The real question is if one earn 5k per month , why would he want to get married

eagle SG

Seriously, if the packaged was skewed such that people over age 65 that are extremely needy get $2k while the rest of us get $100 (PAP will still want to buy some votes), I wonder how many will complain. I won't.

I can imagine that for $2k, these poor people will have enough to live for near to half a year.

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