Middle class Singaporean no more.....Sigh

[BMW69]

No choice, since Sean69 posted I also must man up and post mine. Please don't flame me after this. I never claimed to be poor or middle income.

Everyone post their
- Nationality: Singaporean born and bread locally. Did BMT in Tekong BMTC school 2.
- Combined household income: Definitely in the top 1%
- Value and type of housing they're staying in: Freehold Landed in district 10.
- Value and number of additional assets they may own (investment house collecting how much income etc) : my own = 0
- Cash reserves: my own cash reserves + stocks, excluding trusts which I can't collect yet = S$1.45 - S$1.5m

[BMW69]

Originally Posted by antimatter

aiya, this joker don't dare to post one la, from yesterday I dare him to explain the loopholes I pointed out. Till now he just avoid. But, he learn already, don't dare to further say. cause he knows that its harder & harder to cover for his lies.

Then please post yours as well. You can't expect him to post if you're hiding things yourself. I think I have the most to hide and I've already posted mine.

[antimatter]

Originally Posted by sean69

Maybe i'm "upper" middle class but i do not have sense of "relaxation" , worried about rising cost, retirement, kid's education etc etc etc..

bro, salute u.

earn almost same as TS, yet claim yourself as Upper middle class.

Unlike him, even dare to say he about to or already got squeezed out of middle class.

To me, you earn so much (compare to me), yet live well within your means.

Your attitude of live within your means is what many bros here trying to bring across to this cry father cry mother TS.

In a way, although I agree maybe really need car for his case.
BUT !!!!! If really can't support, no choice, where got die die want car still cry father cry mother.

BTW, here's mine.

- Nationality --> Singaporean.. Served 10 years in SAF, money issue, so suck thumb.
- My household income --> less than 1.5k
- Value and type of housing they're staying in --> 2room HDB (fully paid)
- Value and number of additional assets they may own (investment house collecting how much income etc) --> none
- Cash reserves --> only 3k+ (2-2.5 months buffer)

Good thing I only need to take care of my mum. So still ok. Life goes on.

[antimatter]

Originally Posted by antimatter

BTW, here's mine.

- Nationality --> Singaporean.. Served 10 years in SAF, money issue, so suck thumb.
- My household income --> less than 1.5k
- Value and type of housing they're staying in --> 2room HDB (fully paid)
- Value and number of additional assets they may own (investment house collecting how much income etc) --> none
- Cash reserves --> only 3k+ (2-2.5 months buffer)

Good thing I only need to take care of my mum. So still ok. Life goes on.

btw, I bet the cry father cry mother TS sure say I jealous.
But, I want to say once more, I not jealous, just fucking bouy song of how he talks.

[BMW69]

Actually antimatter, did you leave the force because of medical issues? Otherwise if you stay on, I'm sure you'll be better paid than you are currently.

[antimatter]

Originally Posted by BMW69

Actually antimatter, did you leave the force because of medical issues? Otherwise if you stay on, I'm sure you'll be better paid than you are currently.

partly, but mainly is I prefer outside life, more freedom.

Sign on is for stable income for my hdb, so since I settled all payment for my 2 room flat.
I know its time for me to leave.

[sean69]

Originally Posted by BMW69

Wah siao liao. You really post ah?! So open

Actually 10k combined is considered middle class ba... If we go by quantiles. Upper middle is around 14 and up or something if I remember correctly.

LOL.. not too sure how to classify myself.. i thought i saw a post that 6K is middle class, so i thought 10K should be upper..

sidenote, i still have 200K housing loan hanging over my head.. still manageable at this stage..

[MoJoe313]

I generally do not respond to haters. I mentioned a family of 7 (comprising of a couple, 3 kids, 2 parents) with a combined $10,000 household income has only $1,428 per person per household.

$10,000 ÷ 7 = $1,428 a month

This means each person in his household is allocated only $1,428 a month. This is excluding parents in laws who are not staying with you, and who you still need to give money to every month or help in emergencies.

So including parent in laws,

$10,000 ÷ 9 = $1,111 a month

This $1,111 has to be used to pay for food, children education, medical fees and care for aged parents/parent in laws.

Is $1,111 a month for a person a lot? Can a person on $1,111 a month say our rapidly rising cost of living is acceptable?

You decide.

[antimatter]

Originally Posted by MoJoe313

So including parent in laws,

$10,000 ÷ 9 = $1,111 a month

This $1,111 has to be used to pay for food, children education, medical fees and care for aged parents/parent in laws.

Is $1,111 a month for a person a lot? Can a person on $1,111 a month say our rapidly rising cost of living is acceptable?

You decide.

fair enough for (Is $1,111 a month for a person a lot), but same thing, if others can support a family of six with under 2k income and not cry father cry mother.

why cant you?

the problem with you is you only think how poor you are, but still insist on most of the lifestyle( so call you see as your needs).

True, you cut down on your durian, crabs.

But the rest? You see as need, but if you don't earn that much?

you still never provide us your details like what me and 2 other bros provide.

Why? still don't dare ar, or thinking of how much reserves to put.

Let me tell you, no matter how much you put, you will be slapping yourself.

So is it 300k? 400k? 500k? 600k? 700k? 800k? or more?

same thing, I bouy song is the way you talk back to fellow bros whom give you suggestions.

Say so much problem. but simply refuse to absorb advice, who's the stubborn one?

[antimatter]

Originally Posted by MoJoe313

$10,000 ÷ 9 = $1,111 a month

This $1,111 has to be used to pay for food, children education, medical fees and care for aged parents/parent in laws.

btw, you are also wrong on saying like this.

$1,111 is for per head.
$10,000 is for pay for food, children education, medical fees and care for aged parents/parent in laws.

try to snook again right?

[abugga]

Originally Posted by antimatter

fair enough, but same thing, if others can support a family of six with under 2k income and not cry father cry mother.

why cant you?

the problem with you is you only think how poor you are, but still insist on most of the lifestyle( so call you see as your needs).

True, you cut down on your durian, crabs.

But the rest? You see as need, but if you don't earn that much?

you still never provide us your details like what me and 2 other bros provide.

Why? still don't dare ar, or thinking of how much reserves to put.

Let me tell you, no matter how much you put, you will be slapping yourself.

So is it 300k? 400k? 500k? 600k? 700k? 800k? or more?

same thing, I bouy song is the way you talk back to fellow bros whom give you suggestions.

Say so much problem. but simply refuse to absorb advice, who's the stubborn one?

Please refer to my already mentioned posts.

as they say, wussies gotta wuss.

There is no better way to fool a fool who is convinced he is right. I am sure with his educated background of economics he can blast a shining light toward his future. Pun intended I must say,

Sorry for TS you may be educated academically but you have a long way to go for life learning and stratagem.

[antimatter]

Originally Posted by abugga

Please refer to my already mentioned posts.

as they say, wussies gotta wuss.

There is no better way to fool a fool who is convinced he is right. I am sure with his educated background of economics he can blast a shining light toward his future. Pun intended I must say,

Sorry for TS you may be educated academically but you have a long way to go for life learning and stratagem.

wa bro, your words very chim leh, but I know you agree with me, or is I agree with you cause I disagree with him later than you, haha.

I was a silent reader of this thread. to be frank, I agree with him starting.
But start to bouy song he rejects peoples advice & starts to tell lies after lies.

Anyone with simple maths will not say stupid lies of money the way he does.
All his spending & savings just don't tally.

So in one way or the other, his a liar.

[BMW69]

Originally Posted by antimatter

partly, but mainly is I prefer outside life, more freedom.

Sign on is for stable income for my hdb, so since I settled all payment for my 2 room flat.
I know its time for me to leave.

Haha some Encik I see also quite happy actually. Everyday scream at their men, go smoke break don't have to lift a finger.

[BMW69]

Originally Posted by sean69

LOL.. not too sure how to classify myself.. i thought i saw a post that 6K is middle class, so i thought 10K should be upper..

sidenote, i still have 200K housing loan hanging over my head.. still manageable at this stage..

Hope you pay it off soon. Most important thing is to have a roof over your head. If for some reasons your income is reduced at least you still have somewhere to stay. No harm paying it off early with your savings if you can. Because then you can start thinking of having an investment property as well.

[MoJoe313]

Supercalifragilisticexpialidocious

Herein, the other aspect of my social experiment. How different segments of society respond to a common problem.

There is a lot to learn and unlearn from discussions. One just needs a topic all is passionate about.