PMEs are also called the sandwich group, mostly in
their 20s to late 30s, these group are the first Y gen if you
are talking about local PME. Being sandwiched because they came in
an era of high cost of houses, cars and many other items that is
essential to them.
The top 20% are well off, no policies changes is going to affect
them much, most are earning 60k and above per month, individually
or combine income. The lower 20%, people like me, in the lowest 10%
are happy go lucky type, eat koptiam can already, 3 in 1 also can
do, wear cheap clothing and flip flop unless companies provide
uniform like my casket company. The govt do help in a way by given
rebate and bursary, but the cost of living is still high for the
lower group.
The sandwich group, which is the mid 60 percent are the worst,
they want high class living and yet cannot get much subsidize,
unlike lower class, they go for branded and posh resturant, travel
in SIA, tour europe, japan but for some, never even know where is
Duxton road and Rangoon road in singapore. Then must hv the
latest Iphone, drink at $20 per bottle tiger, ipad, galaxy
and condo and so on. And that is where they get taxed
the most, spent the most and end up even with a 10k paycheck, they
still hei hei chuan.
Money is not about how much you earn, it is about how much
you saved.
