Personal Finance
The Great Marriage Firewall of Singapore.
By Growing your tree of prosperity  •  September 18, 2018
This came about because I had to tackle a conundrum with Government statistics. Earlier on, I wrote in the last article that the median income was $2,699 in 2017. Kyith Ng of Investment Moats thought that this number was a tad low and another BIGS participant found another number that said $4,232 per month. As it turns out, all the numbers are correct. $2,699 was median income of a household divided by the number of heads in a household. $4,232 is the median income of someone who contributes to the CPF. In practice what this means is that a family consisting of a couple with kids will typically see the husband and wife making about two times $4,232. Dividing this sum total but the number of folks in the household, including kids, this will results in a figure closer to $2,699. This brings up an entirely new and interesting dimension ......
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By Growing your tree of prosperity
I have recently completed my Juris Doctor and I am waiting to be called by the Singapore Bar. For the past 15 years I was an IT manager and I have worked in multinationals, financial exchanges, trade unions and even a government agency. I started my career as an AS/400 administrator and moved on to manage IT projects and operations
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