Personal Finance
Dollar Dilemma – Owning a Car vs Using Public Transport
By iMoney - Singapore  •  June 2, 2014

car

Remember the last time you boarded an MRT train during peak hours and experienced a mild recreation of what it feels like to enter the event horizon of a black hole? Remember the last time you had to scrape the bottom of your wallet in desperation hoping there’s enough to cover your car’s fuel expenses? Why do my rhetorical questions sound so contradictory? Well, perhaps it has something to do with the complicated dilemma of owning a car vs using public transport in Singapore. Although it’s clearer than crystal which mode of transport is better aligned with your savings when you look at it objectively, the real answer for you is a lot more subjective and completely depends on your lifestyle. There are dozens of variables that can make or break the prospect of owning a car for an individual living in Singapore. Let us say you’re working a fast-paced ......
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By iMoney - Singapore
Making things simple enough so you have the power to always make the right decision with your wallet.
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