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04-11-2015, 11:00 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
A few days back, they (http://fun.news/node/591513/13160) published an article, “Hard truth: You must earn this amount to be successful in S’pore”, in which we spoke about a man who is contented with earning $1,400. No doubt some people dismissed that as bullshit, so here’s the maths for you.
Firstly, it must be understood that the man is earning $1,400 per month, but the entire household (including his wife) could be drawing $2,000. So, taking $2,000, let’s see whether one family of four (parents + two kids) can survive in Singapore. Remember this: this man is contented. In other words, he’s fine with spending less without data plan, as long as he has the time to spend with his family.
Do note that for a $2,000 gross salary, the take-home pay is $1,600 after CPF deductions.
Food
Let’s say the entire family all have their three meals at home—if one needs to work or study, they can pack the food to work. Ingredients for a family of four can be around $10 per day—we’re referring to basic ones like chicken and vegetables, and not abalone or organic vegetables.
Monthly expenses: $310
Housing
With CPF, and a small two-room HDB flat, the CPF is able to pay in full for the instalment. In other words, there’s no need to fork out cash. The utilities will be less than $120 if they do not have any air-conditioner. There’s an additional $30 for the toiletries needed in the house.
Monthly expenses: $150
Bills
An Internet connection at home is about $50, and with a router, everyone can share the connection. For handphones, they can opt not for postpaid plans but pre-paid ones, and choose not to have data connection—with that, the most one need to pay is $10 per person. Trust me, one can survive without a data plan—if people want to WhatsApp you, just tell them to SMS you instead.
Monthly: $90
Insurance
Poor man can’t complain: they just need to have MediaShield that will cover any unforeseen hospitalization expenses. MediaShield can be bought with CPF, so cash upfront is nil.
Monthly: $0
Transport
Presuming that each one of the travel often, one person’s expenses without taking any taxi is about $50 or less.
Monthly: $200
Total: $750
Before you go apeshit and wonder whether anyone can survive with this kind of lifestyle, our question to you is this: How do you define “survive” and “lifestyle”?
You see, it has almost become a norm to have a smartphone, a data plan, meals in restaurants, air-conditioning and even taxi rides that we’ve completely redefined the meaning of survival.
The question here shouldn’t be whether one can survive with such an income: the question should be this: can you accept it? What is your definition of “contented”? If this lifestyle brings you happiness, would you want it?
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?219421-Can-a-Singapore-Family-Survive-with-2000-Salary-Here-is-the-Maths!&goto=newpost).
A few days back, they (http://fun.news/node/591513/13160) published an article, “Hard truth: You must earn this amount to be successful in S’pore”, in which we spoke about a man who is contented with earning $1,400. No doubt some people dismissed that as bullshit, so here’s the maths for you.
Firstly, it must be understood that the man is earning $1,400 per month, but the entire household (including his wife) could be drawing $2,000. So, taking $2,000, let’s see whether one family of four (parents + two kids) can survive in Singapore. Remember this: this man is contented. In other words, he’s fine with spending less without data plan, as long as he has the time to spend with his family.
Do note that for a $2,000 gross salary, the take-home pay is $1,600 after CPF deductions.
Food
Let’s say the entire family all have their three meals at home—if one needs to work or study, they can pack the food to work. Ingredients for a family of four can be around $10 per day—we’re referring to basic ones like chicken and vegetables, and not abalone or organic vegetables.
Monthly expenses: $310
Housing
With CPF, and a small two-room HDB flat, the CPF is able to pay in full for the instalment. In other words, there’s no need to fork out cash. The utilities will be less than $120 if they do not have any air-conditioner. There’s an additional $30 for the toiletries needed in the house.
Monthly expenses: $150
Bills
An Internet connection at home is about $50, and with a router, everyone can share the connection. For handphones, they can opt not for postpaid plans but pre-paid ones, and choose not to have data connection—with that, the most one need to pay is $10 per person. Trust me, one can survive without a data plan—if people want to WhatsApp you, just tell them to SMS you instead.
Monthly: $90
Insurance
Poor man can’t complain: they just need to have MediaShield that will cover any unforeseen hospitalization expenses. MediaShield can be bought with CPF, so cash upfront is nil.
Monthly: $0
Transport
Presuming that each one of the travel often, one person’s expenses without taking any taxi is about $50 or less.
Monthly: $200
Total: $750
Before you go apeshit and wonder whether anyone can survive with this kind of lifestyle, our question to you is this: How do you define “survive” and “lifestyle”?
You see, it has almost become a norm to have a smartphone, a data plan, meals in restaurants, air-conditioning and even taxi rides that we’ve completely redefined the meaning of survival.
The question here shouldn’t be whether one can survive with such an income: the question should be this: can you accept it? What is your definition of “contented”? If this lifestyle brings you happiness, would you want it?
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?219421-Can-a-Singapore-Family-Survive-with-2000-Salary-Here-is-the-Maths!&goto=newpost).