You may ask what has the couple’s purchase of an executive condominium got to do with this blog and being featured in it? Well, the couple’s story tells us a thing or two about financial planning. With a combined income of $5,300, buying an executive condominium worth $722,000 is buying an asset of that value to me may be stretching the couple’s pockets a little bit.
I would think that a couple should just buy a HDB flat which cost much less if a couple earns less than $10,000 in combined income in order to have a better standard of living and savings. Why follow the crowd ...
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