Personal Finance
Are all Singaporeans rich? Be richer in 3 years!
By A Singaporean Stockmarket Investor (ASSI)  •  July 16, 2023
While watching some YouTube videos regarding the economy, a video titled "Are All Singaporeans Rich?" popped up in the right sidebar. I am usually not interested in videos like this but since I blogged about Singaporeans being obsessed with salaries not too long ago, I decided to give it a go. Fortunately, the video had timestamps which allowed me to watch the segments I was more interested in. It is interesting to see that the people interviewed in the streets of Singapore mostly agreed that everything was expensive in Singapore. Most of them had earned income of $5K a month or more. Personally, I think I can be quite comfortable with a salary of $5K a month today. Apart from cars and private housing, I don't think Singapore is expensive. Why do many Singaporeans think that a salary of $5K a month is insufficient? Watching the video produced so many "Alamak, AK!" moments....
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By A Singaporean Stockmarket Investor (ASSI)
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