jetta SG Alamak Fatum, no need to ask. When I first found out about his pay, I was . And I'm still complaining! That's why he says if he makes chief during this year's promotion cycle, he's going to decline it.
av98m SG I got friends who used to be Marines and when they told me how much they were paid I was quite horrified
Meia Gisborn SG But... but... you're living in California, right? Aren't all residents of California required, by state law, to be obscenely wealthy???
elindra SG You know the SG gov is slowly removing that and very soon Singaporeans have to worry about their mortgage Right now alot of them still don't understand the meaning of having to service a mortgage. They do not have to worry about interest or even make mortgage payments coz HDB deducts automatically Money not seen isn't money felt ><
Meia Gisborn SG Just curious: why are fixed rate home loans so hard to come by in your area? What's the usual difference in interest rates between a fixed and variable rate home loan?
elindra SG Actually Meia It's difficult to get a fixed rate home loan in SG too They might have a mix in the sense that for the 1st year you get a fixed rate and after that it is a fixed % over prime rate >< Or they will vary the % over prime depending on the year etc I was comparing HDB vs Bank loans some time back and seriously if we have to take this into consideration it makes buying a flat even more bo hua
jetta SG Check out our military pay chart. http://www.militarypay.com/MilitaryPayChartsJanuary12006.html
Rhonda SG Sorry I got to read this so late - I don't get to read all the posts in the forums that I wanna these days cause of my limited online time. Honestly, I don't know enough about this issue to give you an answer. I wonder if honeymouse / fymk / Gedanken might be able to throw light on the issue. I know that the majority of folks here take out variable interest rate loans, that's why in the beginning of this year, when interest rates increased, a lot of folks were bitten hard. I guess in a few years' time, I'll be joining them in the annual interest rates concern.
Rhonda SG Yeah... some of us get burnt! Mortgages are scary! Once you take out a mortgage, it's like die-die must work! With your dying breath, you still have to work otherwise, you won't have a roof over your head! Scary thought, but it's part of what it means to be a 'responsible and independant adult'. I think the stress increases double-fold when you are married with kids. But then again, in such situations, having double wage earners to share with the bills can ease the situation somewhat, provided the extra family expenses are not astronomical!
Rhonda SG Remember I was telling you about my mom bugging me to return to SG to purchase a flat when I turn 35, so we can rent it out and get rental income? Now, she's telling me to ditch the idea because HDB flats have become more expensive and it's 'bo hua'. According to her, it's the increase in the number of migrants who have brought the prices up. How true is this? How is the HDB flat situation in Singapore now?
elindra SG Hmmm I thought HDB prices are still low but private property are selling like hotcakes now Not really followed up and my news are like a month old haha
foxwalk SG Credit cards should be used for the convenience and discounts!! Not for paying for something you know at the end of the month when the bill comes that you won't be able to afford.
foxwalk SG It can't be used under everyday circumstances so it doesn't really form part of disposable income..
hisoka SG as i told my parents. the loans they have now the interest rates may not be that high, but there nothing stoppping the banks from increasing the rates to 1000% a day.........
