Singaporeans continue to amaze in things they think are normal but bizarre to foreigners. I have previously wrote about how Singaporeans paid millions for a house which they hardly stay but left to the maids and their boyfriends when they visit in the middle of the night or when the owners are at work. Fully furnished and well appointed homes that they paid for through their noses but spending their time elsewhere. The next most costly consumer item in a Singaporean’s expenditure is of course the car. Before buying a car they need to buy a COE, Certificate of Entitlement to buy a car, which will cost between $30k for a small car to $50k for a big car. And the small car will cost easily another $30k for a total cost of at least $60k, not including insurance and road tax. The best part is that Singaporeans are encouraged to part their cars at home and cycle or take public transport to work. And parking in public housing car parks is not cheap either. Maybe I am wrong in that the next most costly expenditure item is the bringing up of a child. It easily costs between $250k for the average hardlanders to bring up a child through university and more than $1m for the well heeled that comes with tuitions and all the perks, plus an overseas degree. And Singaporeans are encouraged to have more children, assuming that they can all afford to cough up this huge sum of money to bring up children. Sure, money is not important to Singaporeans as money is abundant. Another baffling thing that the Singaporeans take for granted is to keep saving in a saving fund that they cannot touch, except for housing and specific needs, till a ripe old age of 62 and above. And they enjoy smiling at the big amount of savings from the monthly statements but barely able to make ends meet in their daily lives. Oh, this one got a best part too. The inflation will find their savings a wasteful effort at the end of the day. And the startling discovery is that despite the big savings, between 40 to 50% of their income, retirement is still a problem to many. Some would have to remortgage their flats or sublet them to keep themselves alive. This is how successful Singaporeans are and in their retirement plans. Oh wait, despite having full employment and needing to import millions of foreign workers, there are Singaporeans still complaining about joblessness. And they are qualified, some are graduates. Amazing indeed. One small secret. Some maids and workers own bigger houses in their home countries than their Singaporean employers.