Cost of living is high
I recently dined at a mid price restaurant. Veggie dishes cost $20+ while meat dishes cost $30+ onwards. Only way to make $50k last is to cook own meals at home, take public transport and stay in public housing. Monthly expenses will accumulate once one own a car, stay in private condo, dine in restaurants. To really make $50k vanish, all one got to do is to woo a Singaporean girl (wine, dine, entertainment, hotel room etc) 💸.
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Revelation 6 : Sounds like a plan. Good luck. Choose wisely my friend.
Ray2021 : Singaporean girl so scary
Upncoming1841 OP Ray2021 : ....comes with an attitude, but cannot resists
Revelation 6 Upncoming1841 OP : You like dancing with the fire!
101530559 : 50k in liquidity asset means wealthy? But it’s true that the way to accumulate wealth is to practise minimalistic thinking and execution through life
Littlemouse72 : Agree. Very true..