Step out into the Central Business District during lunchtime, and you’re surrounded by young professionals earning salaries their parents could only dream of at their age. They’re in tech, banking, consulting, and law. Yet, if you sit down and have an honest conversation with them, a bizarre phrase sometimes pops up: "I feel poor."
The Straits Times recently published a highly insightful article breaking down this exact phenomenon: young, affluent Singaporeans experiencing deep financial anxiety despite pulling in high incomes.
As a 24-year-old university student among many preparing to enter the corporate grid, this piece hit hard. It perfectly captures why so many people get trapped on a financial hamster wheel. It made me reflect on my spending and consumption habits. It highlights why my Dividend Investment slow and steady approach to building wealth isn't so commonly embraced.
Why $10,000/Month Feels Like Zero
The article correctly notes that this isn't literal poverty. It's a psychological and structural squeeze driven by three main factors:...