Personal Finance
Why does the value of money drop as you get richer? 
By Loopholes Singapore  •  May 25, 2022
After earning and spending money for quite some time, I realized that there is a big issue with the value of money. Remember when we were young and a few dollars meant a lot to us? That quickly changed once we started having hobbies that require some cash. During our teenage, there was also another round of realization as we find it hard to save up for anything substantial like a backpack or a pair of nice sports shoes. All in all, I guess during our pre-adulthood, there was only one central lesson to be learned and that is although money is hard to get, when you get it you will be able to make yourself and others very happy. However, once we enter adulthood, that imagination quickly dissipates as we realize that cars and houses are just too expensive for us to not save up for, let alone retirement....
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By Loopholes Singapore

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