What is the average Sporean's salary??
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I think if there's a financial channel on our tv, it will be very popular. And I'm not talking about financial news channel. -
u noe why? cos our lan jiao ministers and MP's earn so much that it drives the average upwardsOriginally posted by Jerina:Wow...average salary is nearly 5k. But many ppl earn so much less...hmm.
nabei...my family surviving on 1600 per month
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I really do not think that is why the progressive income tax system is what it is today. Its more a case of we can't tax you too much because you already do not have much, than anything else. Hence, in singapore, we have quite a generous tax-free bracket. After all, the highest tax is really not that high.Originally posted by Theatre Of Dreams:an average salary of supposingly $5k may not be truly reflective. let's say just one person himself draws a higher salary of multi-fold difference from the rest, he is able to bring up the average by a huge (deceiving) margin just by himself, whereas the majority is in reality drawing at a much lower rate.
when i studied econs, i learnt abt this progressive income tax (earn more tax more) which is designed to narrow the income gap. without it, you can imagine how much it could be worse. -
Well forumers,
We are spoilt for choices. Maybe its time for us to be blessful
Regards Hudax -
its more impt to noe how to save/invest den earning big bucks.
singaporeans have the 'they have a small head but they want a big hat syndrome'.
I know of so-called 'young yuppies' that have great jobs that pay them ard 3-4k and they are not even 25yrs old. but what they do with the money??some will go for shopping therapy on payday every end of the month and spend half their salary in a day. some drive cars that Evos n DC5s that make us drool, only to recieve reminders for payment every other month. The only savings they have is probably a few measly thousands and whatever is in their CPF.
A relative of mine works as a child-care teacher and probably takes home less than 2k a mth. But she has a 6 figure sum sitting in her POSB savings acct.
Its impt to earn big bucks, but its more impt to noe how to 'keep' it.
Cheers~~
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I definitely agree that SAVINGS is all important, something our generation should really learn. Then again, with the rising standard of living, even if you do earn $2.5k, it can be hard to save some decent money.Originally posted by No9:its more impt to noe how to save/invest den earning big bucks.
singaporeans have the 'they have a small head but they want a big hat syndrome'.
I know of so-called 'young yuppies' that have great jobs that pay them ard 3-4k and they are not even 25yrs old. but what they do with the money??some will go for shopping therapy on payday every end of the month and spend half their salary in a day. some drive cars that Evos n DC5s that make us drool, only to recieve reminders for payment every other month. The only savings they have is probably a few measly thousands and whatever is in their CPF.
A relative of mine works as a child-care teacher and probably takes home less than 2k a mth. But she has a 6 figure sum sitting in her POSB savings acct.
Its impt to earn big bucks, but its more impt to noe how to 'keep' it.
Cheers~~
People who spend extravagantly can be a good thing for Singapore's economy.
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The country will not say "Thank you" to you.Originally posted by Squiggly:People who spend extravagantly can be a good thing for Singapore's economy. -
Its oh so nice to be on that pedestal of yours isn't it?Originally posted by No9:its more impt to noe how to save/invest den earning big bucks.
singaporeans have the 'they have a small head but they want a big hat syndrome'.
I know of so-called 'young yuppies' that have great jobs that pay them ard 3-4k and they are not even 25yrs old. but what they do with the money??some will go for shopping therapy on payday every end of the month and spend half their salary in a day. some drive cars that Evos n DC5s that make us drool, only to recieve reminders for payment every other month. The only savings they have is probably a few measly thousands and whatever is in their CPF.
A relative of mine works as a child-care teacher and probably takes home less than 2k a mth. But she has a 6 figure sum sitting in her POSB savings acct.
Its impt to earn big bucks, but its more impt to noe how to 'keep' it.
Cheers~~ -
i have no need to glorify what i think, and you don't have to agree with what i said~Originally posted by scabstermooch:Its oh so nice to be on that pedestal of yours isn't it?
if u think u cannot achieve something, that does not mean everyone must be like you. When it comes to $$$, self-discipline means alot. I am not an expert in finance, i m juz lucky to have people ard me reminding me that any tin-can that has 4 wheels and can move is a gd car..and its stupid to pay interest for all the stupid loans u can think of, except for education of cus.
Well self discipline...some people have it, some people don't. -
i believe she wasn't refering to u. but rather some other blogger...Originally posted by Jerina:Are you kidding me? I didnt slam non-elites, I'm not one myself. Read my posting carefully yar?
it's in the news... -
Grow up already. There is no one correct lifestyle. Disfferent people different stroke.Originally posted by No9:i have no need to glorify what i think, and you don't have to agree with what i said~
if u think u cannot achieve something, that does not mean everyone must be like you. When it comes to $$$, self-discipline means alot. I am not an expert in finance, i m juz lucky to have people ard me reminding me that any tin-can that has 4 wheels and can move is a gd car..and its stupid to pay interest for all the stupid loans u can think of, except for education of cus.
Well self discipline...some people have it, some people don't.
You can save. Yippeee. Big deal. Grow up and understand that not everyone has the same priorities as you. Some want to build a nest egg, others want to have a blast. Neither is better than the other.
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so there goes our income gap in Singapore, becoming wider and wider...
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Originally posted by scabstermooch:Grow up already. There is no one correct lifestyle. Disfferent people different stroke.
You can save. Yippeee. Big deal. Grow up and understand that not everyone has the same priorities as you. Some want to build a nest egg, others want to have a blast. Neither is better than the other.
kids.......
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I think saving is important.
I also think that knowing what to spend on is important.
However, some of us have debts, installments and other mortgages to pay up. It might take like a life time to do so. How are we going to save up a decent amount when some of us yet to pay up some stuffs?
And our average pay is so low compared to the standard of living here. Working overtime is like the only way some of us can earn more money.
Save? -
savings is never good enough unless you have few committments and earns a handsome salary.Originally posted by -[0]-:I think saving is important.
I also think that knowing what to spend on is important.
However, some of us have debts, installments and other mortgages to pay up. It might take like a life time to do so. How are we going to save up a decent amount when some of us yet to pay up some stuffs?
And our average pay is so low compared to the standard of living here. Working overtime is like the only way some of us can earn more money.
Save?
most jobs dont pay overtime.
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Just have to live within our means....
Determine what are "wants" and what are "needs"....
Though we are all guilty of splurging on "wants" occassionally... just make sure you can afford it... -
why are u in debts in the first place?Originally posted by -[0]-:I think saving is important.
I also think that knowing what to spend on is important.
However, some of us have debts, installments and other mortgages to pay up. It might take like a life time to do so. How are we going to save up a decent amount when some of us yet to pay up some stuffs?
And our average pay is so low compared to the standard of living here. Working overtime is like the only way some of us can earn more money.
Save? -
my salary's is only $1700+. Worked for about 4+ yrs. I take comfort in being happy where I'm working... but want to survive on this amount I don't know...
I'm still staying with my parents who are providing for everything at home. It's a comfortable salary for me. For now.
But I agree. I think the extreme salaries of people like ministers, lawyers, doctors do skew the average.
then again, there's the lower waged workers who can skew it too - but I seriously think that the high figures the people "up there" earn far far far far cover up for the lower wages. -
Debts? Why can't I be paying my installments, which is what I'm doing now?Originally posted by I-like-flings(m):why are u in debts in the first place?
Notice, I said "some of us" meaning some of us locals, but that doesn't imply that I'm included because I see no needs for me to reveal my private stuffs here.
Yes, I do have education loan to pay up, but just for that good qualification I'm aiming for, I personally feel it's worth it. So y not?
Pls reread my paragraphs properly next time. -
i am saving hard for future and target to save at least 1k per month.
i am happy as long not in debt le. -
Can a normal household which consider of 5 family member total survice comfortable with total income of $3.5k?
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our malay counterparts are doing with much lesser amount.Originally posted by zheshi:Can a normal household which consider of 5 family member total survice comfortable with total income of $3.5k? -
I tink a good way to save is to 'save' before you see the 'physical' amount. Those save-as-u-earn acct from POSB is pretty good..downside is the interest is not really attractive.
Anyway, i already had my years of partying and 'blasting' and all the shit..does'nt appeal to me anymore..tot is was cool at first, but except for all the eye candies and toking crap with ur buddies, i really have to say its nuting much but an unhealthy way to spend ur hard-earned cash. -
3.5k is a little big above average i think.
ahahha.
BE A PRICIPAL! 8K!!!!!!! -
the highest is 10k.Originally posted by popololopolo:3.5k is a little big above average i think.
ahahha.
BE A PRICIPAL! 8K!!!!!!!