Personal Finance
Not enough money to be married!
By A Singaporean Stockmarket Investor (ASSI)  •  January 2, 2013
Over the weekend, I was told of a person in his early 30s who is married and has two children. He is regularly borrowing money from his family and friends. In fact, he would borrow from friends to pay the installments on the mortgage of his 5 room HDB flat as well. Amount? S$800 a month. I am not married and I wouldn't know but with an annual gross income of some S$28K, is it tough to support a family of four in Singapore? It seems that this is the case for this man. The wife stays home and takes care of the two children who are still attending primary school. It is reasonable to assume that the two children would probably be financially dependent on him for another ten years at least. I fear that I might sound heartless for saying this but this person really should not have gotten married in the first instance. Making the mistake of getting married, he ......
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By A Singaporean Stockmarket Investor (ASSI)
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