RadX Moderator June 1, 2020 Share June 1, 2020 Shocking 2 in 3 working Singaporeans do not have savings to last them beyond 6 months: OCBC survey https://www.straitstimes.com/business/banking/2-in-3-working-singaporeans-do-not-have-savings-to-last-them-beyond-6-months-ocbc?xtor=CS3-18&utm_source=STiPhone&utm_medium=share&utm_term=2020-06-01 9%3A06%3A23 ↡ Advertisement 6 2 1 Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator June 1, 2020 Share June 1, 2020 I am one of the 2. 🤣 1 Link to post Share on other sites More sharing options...
Soya Supersonic June 1, 2020 Share June 1, 2020 19 minutes ago, RadX said: Shocking 2 in 3 working Singaporeans do not have savings to last them beyond 6 months: OCBC survey https://www.straitstimes.com/business/banking/2-in-3-working-singaporeans-do-not-have-savings-to-last-them-beyond-6-months-ocbc?xtor=CS3-18&utm_source=STiPhone&utm_medium=share&utm_term=2020-06-01 9%3A06%3A23 Skali ppl call u elitist den u noe.... 1 Link to post Share on other sites More sharing options...
Icedbs Turbocharged June 1, 2020 Share June 1, 2020 24 minutes ago, RadX said: Shocking 2 in 3 working Singaporeans do not have savings to last them beyond 6 months: OCBC survey https://www.straitstimes.com/business/banking/2-in-3-working-singaporeans-do-not-have-savings-to-last-them-beyond-6-months-ocbc?xtor=CS3-18&utm_source=STiPhone&utm_medium=share&utm_term=2020-06-01 9%3A06%3A23 Only survey 1000 people, sample size too small in my opinion. If hey survey 1000 MCF members here, they will find a totally opposite result. 1 15 Link to post Share on other sites More sharing options...
RadX Moderator June 1, 2020 Author Share June 1, 2020 5 minutes ago, Icedbs said: Only survey 1000 people, sample size too small in my opinion. If hey survey 1000 MCF members here, they will find a totally opposite result. i dun disagree 1 Link to post Share on other sites More sharing options...
Ody_2004 Turbocharged June 1, 2020 Share June 1, 2020 If based on the median salary of $4.X K why should I be surprise? As the cost of this and that plus those and these is not cheap wor.. No matter how much one save still need to spend on basic.. 2 Link to post Share on other sites More sharing options...
Rickster 5th Gear June 1, 2020 Share June 1, 2020 31 minutes ago, Icedbs said: Only survey 1000 people, sample size too small in my opinion. If hey survey 1000 MCF members here, they will find a totally opposite result. Ya, agree... what sort of survey is this when it's only 1000 people 🤣. I have a hunch most of those who have savings to last less than 6 months are the younger ones. I was like this when I was in my early 20s, I only believe in living for the day, parents don't need my money, got no wife, no kids, no mortgage, got plenty of time, health and money (relatively speaking), want to see the world, eat all the best food, load up on all life's experience and enjoy life to the fullest with friends! Savings?? Nah... I'll start to build up when I earn more and in my 30s. 😅 3 Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator June 1, 2020 Share June 1, 2020 1 minute ago, Rickster said: Ya, agree... what sort of survey is this when it's only 1000 people 🤣. I have a hunch most of those who have savings to last less than 6 months are the younger ones. I was like this when I was in my early 20s, I only believe in living for the day, parents don't need my money, got no wife, no kids, no mortgage, got plenty of time, health and money (relatively speaking), want to see the world, eat all the best food, load up on all life's experience and enjoy life to the fullest with friends! Savings?? Nah... I'll start to build up when I earn more and in my 30s. 😅 I am in my 30s now. But still have the 20s lifestyle. 🤣 1 6 Link to post Share on other sites More sharing options...
Rickster 5th Gear June 1, 2020 Share June 1, 2020 27 minutes ago, Ody_2004 said: If based on the median salary of $4.X K why should I be surprise? As the cost of this and that plus those and these is not cheap wor.. No matter how much one save still need to spend on basic.. 4K is like fresh grad pay nowadays. If both are grads and BF and GF earns that amount, I'd say young people nowadays are quite comfortable if they don't spend foolishly. 3 Link to post Share on other sites More sharing options...
Tianmo Hypersonic June 1, 2020 Share June 1, 2020 6 months? 1 month I toh already...... 1 1 2 Link to post Share on other sites More sharing options...
RadX Moderator June 1, 2020 Author Share June 1, 2020 1 minute ago, Tianmo said: 6 months? 1 month I toh already...... ur 1 month is hell time, which is 10 civilisations hahahaa.. 4 Link to post Share on other sites More sharing options...
Rickster 5th Gear June 1, 2020 Share June 1, 2020 Just now, kobayashiGT said: I am in my 30s now. But still have the 20s lifestyle. 🤣 U power bro! 💪 I'm in my 30s and can't afford the 20s lifestyle 😭 2 Link to post Share on other sites More sharing options...
Yeshe Turbocharged June 1, 2020 Share June 1, 2020 1 hour ago, RadX said: Shocking 2 in 3 working Singaporeans do not have savings to last them beyond 6 months: OCBC survey https://www.straitstimes.com/business/banking/2-in-3-working-singaporeans-do-not-have-savings-to-last-them-beyond-6-months-ocbc?xtor=CS3-18&utm_source=STiPhone&utm_medium=share&utm_term=2020-06-01 9%3A06%3A23 Wats surprising? Go survey the Americans n u see worst. 1 Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator June 1, 2020 Share June 1, 2020 7 minutes ago, Rickster said: U power bro! 💪 I'm in my 30s and can't afford the 20s lifestyle 😭 Hahhaa My lifestyle easy. I am practically a nerd. Play game, watch netflix, watch youtube, surf MCF. I am like a SG version of Homer Simpson. hahaha. 2 Link to post Share on other sites More sharing options...
13177 Supersonic June 1, 2020 Share June 1, 2020 5 minutes ago, kobayashiGT said: Hahhaa My lifestyle easy. I am practically a nerd. Play game, watch netflix, watch youtube, surf MCF. I am like a SG version of Homer Simpson. hahaha. Then you should have save a lot of $$$ liao? 1 Link to post Share on other sites More sharing options...
Voodooman Supersonic June 1, 2020 Share June 1, 2020 When I was younger, it was very tough to save money. I don't have $5-6 Starbucks, holidays were in MY (self drive) and it is usually hawker food for me and family with the occasional restaurant meal during special occasion, yet balance in the bank grew very slowly. These days, most of the youngsters I see live a very different lifestyle. Even making $4-5k a month also not enough lah. So i am not surprised. You can only save more money when your wages are above subsistence level for this group of people. Perhaps above $5-6k? 1 Link to post Share on other sites More sharing options...
boonhat_91 6th Gear June 1, 2020 Share June 1, 2020 10 minutes ago, kobayashiGT said: Hahhaa My lifestyle easy. I am practically a nerd. Play game, watch netflix, watch youtube, surf MCF. I am like a SG version of Homer Simpson. hahaha. 3 minutes ago, 13177 said: Then you should have save a lot of $$$ liao? All spend on car and car mods I aspire to his lifestyle 😋 2 Link to post Share on other sites More sharing options...
Icedbs Turbocharged June 1, 2020 Share June 1, 2020 (edited) 27 minutes ago, kobayashiGT said: I am in my 30s now. But still have the 20s lifestyle. 🤣 Now we know that MCF pays very well........ Any vacancy? Edited June 1, 2020 by Icedbs ↡ Advertisement 3 Link to post Share on other sites More sharing options...
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