Living in Singapore
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Got kids need add tuition fee
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If no tuition and enrichment cost of bringing up
Kids is actually alright. Got a friend who survived that with a 5R hdb, 3 kids, car, no tuition. Salary below median. -
SINGAPORE -
If software engineer Wilson Quah had a choice, he would rather work from home and look after his children.
The 37-year-old and his wife, 34, are waiting to move into their Build-To-Order flat, whose completion was delayed till end-2022 due to the pandemic.
Like him, his wife, who is in human resources, is busy with her career. But they are keen to start a family if they can secure more flexible work arrangements or family friendly policies at work, which would allow them to, say, fetch their children to and from school.
“I prefer not to outsource my kid’s care to a maid or childcare centre too much, and prefer more family time,” said Mr Quah, who is pursuing a master’s degree while balancing his job at a start-up.
Both currently work from home two days a week because of the pandemic.
Mr Quah said he would also be more inclined to start a family if the costs associated with raising a child are lower. However, he is under no pressure to have children soon.
More at https://www.straitstimes.com/singapore/couples-hold-back-from-starting-families-due-to-job-security-costs -
the costs of BTO flats, are so expensive !
https://www.google.com.sg/amp/s/mustsharenews.com/ang-mo-kio-bto-price/amp/ -
would a 4 day work week, work in Singapore ?
https://www.channelnewsasia.com/commentary/four-day-school-work-week-teacher-students-children-education-stress-3018856 -
Job security, health care costs
Top 2 concern,
in the poll
https://www.straitstimes.com/singapore/job-security-healthcare-costs-top-two-concerns-in-poll-on-forward-singapore-topics -
good gracious !
As if COE on cars not costly enough, now they also imposed COE on motorbike
https://www.todayonline.com/singapore/not-riding-luxury-motorcycles-coe-2027581?cid=internal_sharetool_iphone_25102022_today -
Erm, isn’t there COE in motorbikes all these while?
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The COE went up for motorbikes. According to the article it is a huge jump from $3000 6 months ago to $12000 for renewal next month.
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Zeal mummy\" post_id=\"2086710\" time=\"1666676903\" user_id=\"58173:[quote=\"Zeal mummy\" post_id=2086710 time=1666676903 user_id=58173]
Correction:
The COE went up for motorbikes. According to the article it is a huge jump from $3000 6 months ago to $12000 for renewal next month.[/quote]
\"$3000 6 years ago to $12000 (this month)\".
The base price of a moped or scooter is less than $3,000. The price of the piece of paper to have an opportunity of owning it costs 4x more :siao: -
floppy\" post_id=\"2086713\" time=\"1666680712\" user_id=\"97579:
Yes thank you
Correction:
\"$3000 6 years ago to $12000 (this month)\".
The base price of a moped or scooter is less than $3,000. The price of the piece of paper to have an opportunity of owning it costs 4x more :siao: -
floppy\" post_id=\"2086713\" time=\"1666680712\" user_id=\"97579:
:salute: I think it is time to list the average price of a car against the current COE, so that we can all see how ridiculous this scheme has become.
Correction:
\"$3000 6 years ago to $12000 (this month)\".
The base price of a moped or scooter is less than $3,000. The price of the piece of paper to have an opportunity of owning it costs 4x more :siao: -
ChiefKiasu\" post_id=\"2086719\" time=\"1666688400\" user_id=\"3:
Note the magic formula :
:salute: I think it is time to list the average price of a car against the current COE, so that we can all see how ridiculous this scheme has become.
Price at showroom =
(Omv x 2.4 )+ coe + dealers margin -
If the scheme is ridiculous, then don’t buy car lah…just call a cab or grab or take bus and MRT.
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Well for some it is their livelihood. Taxi, grab, food delivery, pte school transport, etc. For those who are corporate client reps, having their own transport makes it easier for them to zip around meeting with clients.
My handyman had to give up his truck because of rising cost of owning one and the high COE. While he saved on the cost of owning and maintaining his vehicle, his earnings have dropped too as he is unable to respond as fast and effectively as before where he has all his tools in his truck and whatever is not available he can easily drive out to buy them. I asked him if the savings covers the drop in income, he says for now yes. It is also no joke lugging his tools around and taking public transport. I told him time to slow down and consider retiring. He say yes about time, not getting any younger. -
Liew Nga Wing\" post_id=\"2086727\" time=\"1666691399\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2086727 time=1666691399 user_id=195250]
The problem is…
If the scheme is ridiculous, then don't buy car lah....just call a cab or grab or take bus and MRT.[/quote]
PHV and Taxi also require COE to purchase. The cost to purchase such vehicles will ultimately be passed on back to the consumer, -
floppy\" post_id=\"2086735\" time=\"1666696245\" user_id=\"97579:
We recently had a Grab driver with a new BMW i7. My kid asked maybe a Rolls-Royce or Bentley will take her to school soon? :rotflmao: :rotflmao: :rotflmao:
The problem is…
PHV and Taxi also require COE to purchase. The cost to purchase such vehicles will ultimately be passed on back to the consumer, -
SG_KP1\" post_id=\"2086736\" time=\"1666696551\" user_id=\"188234:
Yes, one of my previous Grab Hitch driver was working in Cycle and Carriage and every morning, he drove a brand new Mercedes to send me to work before sending his boss to office. :imcool:
We recently had a Grab driver with a new BMW i7. My kid asked maybe a Rolls-Royce or Bentley will take her to school soon? :rotflmao: :rotflmao: :rotflmao: -
Liew Nga Wing\" post_id=\"2086727\" time=\"1666691399\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2086727 time=1666691399 user_id=195250]
Actually for a family with a few young kids in tow, having a car is quite the essential for the family to move about.
If the scheme is ridiculous, then don't buy car lah....just call a cab or grab or take bus and MRT.[/quote]
Some professions also required a car if there are equipment to lug about. Public transport, even taxis sometimes do not take you to the exact place.
When something come to a ridiculous point yet salaries are stagnant, it is no longer just about taking alternative options, we gotta look hard and deep to see if something can be done to stop the COE from inflating so fast. If there is an alternative to help everyone earn more money to cope with the inflation, then that's fine too. -
My helper told me in her village in Indonesia is also feeling the inflation heat. The big factory she used to work in just folded. The shopping malls are starting to shut down 1 by 1 as the people there stopped buying. More malls to shut down next year.
Many neighbors came over to borrow money from her father, citing the children are hungry. A few neighbor couples divorced recently because no job, no money and the men starting to hit their wives when the wives ask for money to feed their children