How many month of $aving you have?

[paiseh]

  mordecai1968 said:

what saving ??? u live in sillypore n u want saving

 

we have CPF as savings.

[newcomer]

  Yongster said:

I only got $9.99 in my bank acc........

 

aiya! another $1.01 more you can get out $10! or nets it bah, dun waste the 9.99 inside, haha.

 

for me i got $1.33 inside.

[DeusExMachina]

  Aie said:

For a married man like me with 3 kids, all I can afford to say is, "What savings?"...

 

 

Aw, poor you.

U fell for the Govt's population campaign didn't you?

[GuiNNeSS]

a penny saved is a penny gained

 

now i tends to spend more on things i need rather then things i want. but sometimes still fall victim to discount and sales

[newcomer]

just curious delusion. how long did you take to save up enuf to last 10mths?

[GuiNNeSS]

i started saving about 3 yrs ago, after clearing all my study loans and such. not easy to feed my vfr and save but alittle over a long period of time will become alot...

[newcomer]

a little calculation would put your take back salary at around say, 2.1k. no?

[GuiNNeSS]

well my fixed expenses changes every year. 2.1k is the min estimation cause u dont know my expenses tat is not fixed..

[J73]

  Yongster said:

I only got $9.99 in my bank acc........

so?? u looking 4 loan or wat??

[floppy]

savings?

or losing money to inflation?

2 sides of the same coin

[ChaoPuzzy1968]

  paiseh said:

we have CPF as savings.

 

u can use it only when u abt to die .... sometime even die also cannot have

[paiseh]

  mordecai1968 said:

u can use it only when u abt to die .... sometime even die also cannot have

 

U need to read up more. u can use it for your HDB, u can use for your child's education.

 

 

unless..... u no kids no flat or staying in private estate.. for that matter, u dun really need savings coz no commitment!

 

[ChaoPuzzy1968]

  paiseh said:

U need to read up more. u can use it for your HDB, u can use for your child's education.

 

 

unless..... u no kids no flat or staying in private estate.. for that matter, u dun really need savings coz no commitment!

 

 

yup that's why no cash .....2 kids....n stay in 2 room flat....how to have saving

 

btw u garment supporter secret agent:p :p :p :pity:

[Sky99]

  mordecai1968 said:

yup that's why no cash .....2 kids....n stay in 2 room flat....how to have saving

 

btw u garment supporter secret agent:p :p :p :pity:

 

2 room flat -.-

 

sure onot?

[paiseh]

  mordecai1968 said:

yup that's why no cash .....2 kids....n stay in 2 room flat....how to have saving

 

btw u garment supporter secret agent:p :p :p :pity:

 

haha, imagine no CPF how? so CPF is good. its a form of savings.

 

im not supporter or anything. im just saying u have savings

[valwilder]

cannot survive if really out of job. saving nil:(

[GuiNNeSS]

how come saving nil one.. workin parttime? or too much burden

[racingter]

need to save like him got 15k then i quit my job...

[comics00]

  Delusi0n said:

how come saving nil one.. workin parttime? or too much burden

 

when comittment come come many many & then $$$ no come that is how come no saving loh...sigh...

[GuiNNeSS]

it shows poor planning... and hence you shall be stuck in this debt cycle till you do some debt management or expenses planning

[Refugee]

  Delusi0n said:

it shows poor planning... and hence you shall be stuck in this debt cycle till you do some debt management or expenses planning

 

why do you make things sound so simple?

 

not everyone gets a chance to draw enough salary to save any substantial amount.... give them a break.

[GuiNNeSS]

tats interesting, how about putting it this way.

 

1) what makes a substantial amount? is the lifestyle your having now way above then you can afford it?

 

2) who is to be blamed for the substantial amount or the lack of it?

 

3) if the situation one is in now is not by his own will or his own fault, how can he improve it?

[GoSlow]

  Refugee said:

why do you make things sound so simple?

 

not everyone gets a chance to draw enough salary to save any substantial amount.... give them a break.

 

maybe he trying to show that he got many many savings?

 

maybe he showing tat he earning a lot?

 

maybe he is offering some jobs to ppl (according to his signature), like MLM? just to do it discretly?

[GuiNNeSS]

  GoSlow said:

maybe he trying to show that he got many many savings?

 

maybe he showing tat he earning a lot?

 

maybe he is offering some jobs to ppl (according to his signature), like MLM? just to do it discretly?

 

well perhaps you should 'maybe' less cause watever you believe in is true. dont doubt ur own belief. if you think tat im earning alot, haf tons of saving, and offering jobs to pple, ur right, in ur own context.

 

lol

[Refugee]

  Delusi0n said:

tats interesting, how about putting it this way.

 

1) what makes a substantial amount? is the lifestyle your having now way above then you can afford it?

 

2) who is to be blamed for the substantial amount or the lack of it?

 

3) if the situation one is in now is not by his own will or his own fault, how can he improve it?

 

I was kinda referring to some other folks that i see which are not having any substantial savings.

 

as to what is 'substantial', it really depends on earning power. 25% is a good number in my opinion.

 

babies born in the different years live their life rather differently and from the way i see it....

• 50s and 60s have it worst due to the lack of emphasis on education and career choice (referring to my parents).
  
• 70s babies are educated but observed to have poor financial sensibility.
  
• 80s babies are educated and have better finacial sensibility (learn from experience).
  
• 90s babies are on the way....
  
• 00s babies are kinda still drinking milk..
  

 

2 cents... i'm sure there are success / failure cases in each year i've mentioned...

 

asking 'who is to be blamed for the lack of subtantial savings' is not appriorate.... you're not the subject, you will never understand.

 

cheers!