Market Review and Trends
Do household income trends matter?
By Finance Smiths  •  February 22, 2017
The Department of Statistics Singapore (SingStat) issued a press release and report on Key Household Income Trends 2016 recently. You can look at the summary of key trends in the press release and find the detail in the report. This is one of the most interesting data reports from SingStat that I have looked at. The other being the article on households’ spending by age group. It gives my wife and I a good idea of how our income and expense level compares to the rest of Singapore. If you have been retrenched and are unemployed, none of the income statistics is going to matter to you. I wouldn’t recommend reading any online material about the key household income trends in 2016 because it’s going to make you feel worse about yourself. This is a benchmarking exercise for the employed and you have more immediate priorities. Focus on finding a full-time ......
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By Finance Smiths
Late 30’s couple with 2 small kids living in Singapore writing about our financial progress as a family.
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