Jump to content

Manager $6000/mth, reasonable?

Quantum

By Quantum,
in Lite & EZ

 Share

Recommended Posts

Throttle2

Throttle2

Supersonic

Yes, I forgot to add.

 

couple. 35 and 40

combi salary >6k take home

1 kid, planning for another

stay in 1M condo,

2 conti cars brand new with current sky high COE. BMW 3 series and Merc C class

no rich parents to take care of them..

1 maid

 

 

living dangerously... I must say :P

 

 

COOL STORY !

 

Can someone help me paste the picture?

thanks

Link to post
Share on other sites
Plim72

Plim72

Neutral Newbie

Yes, I forgot to add.

 

couple. 35 and 40

combi salary >6k take home

1 kid, planning for another

stay in 1M condo,

2 conti cars brand new with current sky high COE. BMW 3 series and Merc C class

no rich parents to take care of them..

1 maid

 

 

living dangerously... I must say :P

 

 

how on earth did they manage to get those loans approved?

maybe they do have passive income stacked somewhere but not convenient to tell the world in case tax officer come knocking their doors? [laugh] i just cannot apprehend why would someone that can command 6K, which mean still got some brain or work qualification, willingly allow himself to be so thinly stretched financially?

 

 

Link to post
Share on other sites
Kiadaw

Kiadaw

6th Gear

So cool,mcf so many earn big $ ,buy cars plan till v good per pay monthly ratio

 

Must ask others join here liao lol, gals got flowerpot,guys got MCF!! Lol

 

LOL. Until this thread then I know so many bros here so successful, unlike farmer like me. Need to go oversea work than can earn decent living.

Link to post
Share on other sites
Turbonetics

Turbonetics

2nd Gear

Yes, I forgot to add.

 

couple. 35 and 40

combi salary >6k take home

1 kid, planning for another

stay in 1M condo,

2 conti cars brand new with current sky high COE. BMW 3 series and Merc C class

no rich parents to take care of them..

1 maid

 

 

living dangerously... I must say :P

 

I really can't imagine.

Do they plan for their and their kids future?

Link to post
Share on other sites
Turbonetics

Turbonetics

2nd Gear

I am earning = to my partner, but I don't pay for the major stuff in the house.

 

I upkeep myself, my car, $$ to my parents and toys for my kids.

My CPF goes to the mortgage of our house.

 

My partner takes care of the rest. I expect him to, becos he is the head of the house. Frankly I find a man who cannot upkeep his family and need to rely on his wife's earning.. this kind of guy.. a loser

The rest would mean..

Kids edu

Maid

House expenditure

groceries..

weekly dates, he pick up the tab for our dinners/drinks.. watever

 

 

Unless some freak accident along the way, partner cannot continue to feed the family and need wife support, esle I think this arrangement is what I expect . before and after marriage.

 

No offence, I never really asked around if this arrangement is common, but when I do chat with my friends, above arrangement is pretty much the norm.. at least in my social circle.

 

On a few occasions,my wife told me that she had like to stop working and become a full time housewife ,I said her NO.I told her in Singapore it is better that both husband and wife works and also additional family savings is also good for the future and the kids.

Link to post
Share on other sites
Stratovarius

Stratovarius

Turbocharged

LOL. Until this thread then I know so many bros here so successful, unlike farmer like me. Need to go oversea work than can earn decent living.

Agree. Feel like jumping down from a building after reading this thread.... [bigcry]

Link to post
Share on other sites
Sayang

Sayang

Neutral Newbie

how on earth did they manage to get those loans approved?

maybe they do have passive income stacked somewhere but not convenient to tell the world in case tax officer come knocking their doors? [laugh] i just cannot apprehend why would someone that can command 6K, which mean still got some brain or work qualification, willingly allow himself to be so thinly stretched financially?

 

Think u got the wrong idea..

 

I meant..

both persons.. the couple, a combine income of 6k take home.

 

so, Husband at 2k++

Wife at 5k++

 

This is what I mean

 

but then again, any person with common sense would not commit so much in debt.

and Nope.. no passive income, or even side line to earn extra..

Loan approved becos good credit history, have yet to default on loans

 

Link to post
Share on other sites
Sabbie

Sabbie

Clutched

Think u got the wrong idea..

 

I meant..

both persons.. the couple, a combine income of 6k take home.

 

so, Husband at 2k++

Wife at 5k++

 

This is what I mean

 

but then again, any person with common sense would not commit so much in debt.

and Nope.. no passive income, or even side line to earn extra..

Loan approved becos good credit history, have yet to default on loans

 

You only llive once, so live your dreams, for example i keep changing cars maybe I wouldn't keep changing if I had bought a Jaguar XF in the first place

Link to post
Share on other sites
Longg8

Longg8

Clutched

Think u got the wrong idea..

 

I meant..

both persons.. the couple, a combine income of 6k take home.

 

so, Husband at 2k++

Wife at 5k++

 

This is what I mean

 

but then again, any person with common sense would not commit so much in debt.

and Nope.. no passive income, or even side line to earn extra..

Loan approved becos good credit history, have yet to default on loans

 

 

7k mthly, can take loan to buy a 1mio hs?

 

which bank? can help me find out?

 

thanks.... [:)]

Link to post
Share on other sites
Cerano

Cerano

1st Gear

Think u got the wrong idea..

 

I meant..

both persons.. the couple, a combine income of 6k take home.

 

so, Husband at 2k++

Wife at 5k++

 

This is what I mean

 

but then again, any person with common sense would not commit so much in debt.

and Nope.. no passive income, or even side line to earn extra..

Loan approved becos good credit history, have yet to default on loans

 

where got enough? eat bread?

Link to post
Share on other sites
Sabbie

Sabbie

Clutched

7k mthly, can take loan to buy a 1mio hs?

 

which bank? can help me find out?

 

thanks.... [:)]

 

This sayang quite wayang, sounds abit like me, except I am telling the truth

Link to post
Share on other sites
Damienic

Damienic

5th Gear

7k mthly, can take loan to buy a 1mio hs?

 

which bank? can help me find out?

 

thanks.... [:)]

 

I think it is possible. Bank normally will loan up to 40% max of the monthly gross salary for instalment which means $2800 for a monthly income of $7000. For a 80% loan of 800k at current interest rate for loan tenure of 30 yrs, it is possible to hit within $2800 for monthly instalment.

Link to post
Share on other sites
Longg8

Longg8

Clutched

I think it is possible. Bank normally will loan up to 40% max of the monthly gross salary for instalment which means $2800 for a monthly income of $7000. For a 80% loan of 800k at current interest rate for loan tenure of 30 yrs, it is possible to hit within $2800 for monthly instalment.

 

im not saying its impossible..i really want to know which bank give out that (i.e. more relax in LTV) because im looking for a loan..

Link to post
Share on other sites
Roh96

Roh96

6th Gear

This sayang quite wayang, sounds abit like me, except I am telling the truth

 

Everyone here will claim they are telling the truth on what they do and how much they earn. Whether to believe or not is another question.

↡ Advertisement
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing
×
×
  • Create New...