tag:blogger.com,1999:blog-17473688.post395902848442750367..comments2024-03-29T15:10:48.844+08:00Comments on My Singapore News: What do Singaporeans want?Chua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-17473688.post-46196474529453857612008-07-17T14:03:00.000+08:002008-07-17T14:03:00.000+08:00the definition may cause many people to flip.the definition may cause many people to flip.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-44968286849322440242008-07-17T03:24:00.000+08:002008-07-17T03:24:00.000+08:00It is high time Gahmen define what is Affordable. ...It is high time Gahmen define what is Affordable. Affordable to who? Elites or Common Peasants who happen to form the majority in Singapore.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-88844367131605904702008-07-16T14:42:00.000+08:002008-07-16T14:42:00.000+08:00basically they are doing themselves in. the days o...basically they are doing themselves in. the days of high spending and excesses are numbered.<BR/><BR/>the empire is going down.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-84515996220206452182008-07-16T12:51:00.000+08:002008-07-16T12:51:00.000+08:00The Americans are postponing the inevitable. They ...The Americans are postponing the inevitable. They are pumping money to prop up the banks, financial institutions and stock market from collapsing. How long can they continue with this? Nobody knows how to tackle the mess, and they are just doing a balancing act until a new President takes over. But I doubt the new President can or will do much.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-69082611948613785272008-07-16T11:58:00.000+08:002008-07-16T11:58:00.000+08:00ya, we are of the generation when everything was n...ya, we are of the generation when everything was not enough. and thrift was virtue. just hope that the young are not spending what they don't have. <BR/><BR/>time is catching up with the americans. warren buffett has seen this and know that it is not sustainable if people are spending more than they earn.<BR/><BR/>america is at the brink of an economic collapse. they are ignoring it and Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-6369487440481984102008-07-16T11:52:00.000+08:002008-07-16T11:52:00.000+08:00'The young are very fortunate, earn and spend ever...'The young are very fortunate, earn and spend every cent they have'<BR/><BR/>Redbean, you and me are the old economy dinosaurs. The new economy young ladies and guys will even borrow to spend to keep up with the changing times. They are copying and keeping up with the American way of life. I am envious of our young too!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-78748086998354735432008-07-16T11:35:00.000+08:002008-07-16T11:35:00.000+08:00you know that i am still eating $3 lunch most of t...you know that i am still eating $3 lunch most of the time? but all the young ladies and guys working in junior administrative positions are happily tucking away with their $10 or $15 set lunches.<BR/><BR/>the young are very fortunate, earn and spend every cent they have. tomorrow is still or will still be a better day.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-6401277573844323392008-07-16T10:28:00.000+08:002008-07-16T10:28:00.000+08:00True, you do not even have to pay a deposit to dri...True, you do not even have to pay a deposit to drive away a new car nowadays.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-58297736433031119892008-07-16T09:13:00.000+08:002008-07-16T09:13:00.000+08:00An average guy with a $2k income can afford a car ...An average guy with a $2k income can afford a car if he has no other family commitment(s) to take care of. He can put down a minimal sum for the initial deposit or even none and take out a 10-year loan on the car.Mockingbirdhttps://www.blogger.com/profile/06138644598929711369noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-62525229392538397882008-07-15T11:27:00.000+08:002008-07-15T11:27:00.000+08:00for the young who don't have to support a family a...for the young who don't have to support a family and may even stretch out their hands to daddy for spare cash, still possible to own a car and drive around happily with a $2k salary. these are the exceptions.<BR/><BR/>for the average guy, no way can one afford a car with a $2k income.<BR/><BR/>during the 60s and 70s, people could afford to own cars with very small income, raised several children Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-89453700748622835942008-07-15T11:08:00.001+08:002008-07-15T11:08:00.001+08:00For some, taking home $2K and paying $1K for a car...For some, taking home $2K and paying $1K for a car is an ego booster, so it is worth the sacrifice. <BR/><BR/>For me, I have never owned even a bicycle, but I am happy with what I am and what I can afford. No ego, no worries, no debts and at 63, I have put my two kids through university, without them having to take out bank loans. I can still manage despite having stopped working at 55.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-22363012283623641992008-07-15T11:08:00.000+08:002008-07-15T11:08:00.000+08:00Singaporeans who don't earn much and don't really ...Singaporeans who don't earn much and don't really have what it takes to become a high-income earner just want to whine and complain about the high costs of living. They may have no choice but to do so until their dying day, along with working until they kick the bucket.Mockingbirdhttps://www.blogger.com/profile/06138644598929711369noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-25992796118585893522008-07-15T11:05:00.000+08:002008-07-15T11:05:00.000+08:00Having insufficient financial means to have a baby...Having insufficient financial means to have a baby and retire is no joke for poor Sinkies. It's a hard fact reality they have no choice but to live with.Mockingbirdhttps://www.blogger.com/profile/06138644598929711369noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-68340247443860872192008-07-15T11:01:00.000+08:002008-07-15T11:01:00.000+08:00we need to look at the average income which become...we need to look at the average income which becomes the means of the average singaporean and what this amount can provide him.<BR/><BR/>then on the supply side, education, housing, medical, transportation etc should be packaged to be affordable to those with this average income.<BR/><BR/>when the income is stagnant, which has been for 10 years without anyone knowing, and the cost of goods and Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-59140057822447723962008-07-15T10:28:00.000+08:002008-07-15T10:28:00.000+08:00Costs of living in Singapore are certainly reachin...Costs of living in Singapore are certainly reaching all-time high, reason enuff for many couples who don't earn much to either postpone or cancel their baby-making plans.Mockingbirdhttps://www.blogger.com/profile/06138644598929711369noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-74853289158387906142008-07-15T10:27:00.000+08:002008-07-15T10:27:00.000+08:00It is buying one's own car that will cost one an a...It is buying one's own car that will cost one an arm and a leg, not taking public transportation.<BR/><BR/>If a man's take-home pay is only $2k a month and he spends up to $1k on his car, that means he only has $1k left to feed his family, if he has one to feed. $1k out of $2k sounds like an arm and leg to me. Imagine taking a 10-year loan on the car and having to spend $1k every month for 10 Mockingbirdhttps://www.blogger.com/profile/06138644598929711369noreply@blogger.com