Unless you also have a chauffeur, its more productive when taking public transport, you can work on the go.
Unless you are not using your own money, annual depreciation should be no more than 20% of your annual income.

20% of my monthly income is what I’ll feel comfortable spending on a car. It contains the car mortgage, petrol, road tax, erp, parking, etc. If only for operating expenses, 10% of my income would be acceptable.
What's more, share a advice I received before is that your car cost (COE + buying the car) should not exceed your annual income. Typically, car expenses in Singapore would be no less than 1.5k a month. To keep some buffer, ...

It is too expensive to own a car in Singapore, I would rather invest the money needed to get a car and continue to use public transport
I find it more convenient to take public transport as I can play games on my portable gaming console during the journey, can't do that if I'm driving
Also good to reduce carbon footprint by taking public transport

Since young, I have been told by my teachers that a car is a depreciating asset. Besides road tax, parking fees, ERP and petrol/electrical costs, it needs regular maintenance and will require repairs at one point or another. It is recommended not to spend more than 20% of one’s disposable income on car expenses. Although owning a car provides convenience (especially if one is laden with shopping or has young children or family members with mobility iss...

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US stocks recovered from steep early losses in Frid...

[Rewards] Sea Limited plunges after Q2 earnings miss, bone or bane?
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KEY Figures:
● Sea Limited Q2 total revenue was $3.1 billion, representing a single-digit increase of 5.2% YoY (year-over-year).
● Q2 net income turned positive to $331.0 million, as compared to a total net loss of $(931.2) million for the second quarter of 2022.
● The E-commerce sector's revenue...

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According to a recent investor survey analysis by S-RM, Singapore has become one of the most popular investment destinations in the Asia-Pacific region. The ...