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Singapore's median household income just crossed SGD 12,000 a month and 1 in 7 families now earn more than SGD 30,000, yet plenty of us still feel like we are getting nowhere. Doing everything right, a decent job, a rising salary, and somehow the bank account never reflects it.
This video breaks down what the typical Singaporean is actually worth, why your income is not the same as your wealth, and the one number that decides whether you are truly rich.
Time Codes:
00:00 Intro
00:27 Where you land on the income ladder
03:13 Income is not the same as wealth
04:59 Moomoo shout out
06:17 Why the wealth gap exists
07:37 Ownership, not salary
09:27 The fix in 3 steps
12:11 The one number that matters
Disclaimers:
*T&Cs and other fees apply. Moomoo Singapore is the sponsor of this content. Kelvin Learns Investing is not licensed to provide financial advisory services in Singapore. This content is for informational purposes only, does not constitute financial advice, and reflects Kelvin Learns Investing's independent opinion. Please conduct your own research and invest according to your personal risk tolerance. This advertisement has not been reviewed by the Monetary Authority of Singapore.
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