Money Mind

General Category => The Common Lounge => Topic started by: Nemesis Alien on Feb 05, 2025, 11:56 AM

Title: 3 ways Singapore can meet higher costs without taxing citizens more
Post by: Nemesis Alien on Feb 05, 2025, 11:56 AM
https://x.com/STopinion/status/1886905071423631373
Title: Re: 3 ways Singapore can meet higher costs without taxing citizens more
Post by: 老曾记 on Feb 05, 2025, 01:40 PM
For my expenses (except family allowance), I aim to just spend my fixed deposit and SSB monthly interest, no need touch my salary so that I can save it.
Title: Re: 3 ways Singapore can meet higher costs without taxing citizens more
Post by: 炎杀黑龙波 on Feb 05, 2025, 11:30 PM
Quote from: 老曾记 on Feb 05, 2025, 01:40 PMFor my expenses (except family allowance), I aim to just spend my fixed deposit and SSB monthly interest, no need touch my salary so that I can save it.
Not counting transport? Or your liquid cash actually quite thick?

FD rate slowly dropping also, pocket money gonna get lesser and lesser
Title: Re: 3 ways Singapore can meet higher costs without taxing citizens more
Post by: 老曾记 on Feb 06, 2025, 12:30 AM
Quote from: 炎杀黑龙波 on Feb 05, 2025, 11:30 PMNot counting transport? Or your liquid cash actually quite thick?

FD rate slowly dropping also, pocket money gonna get lesser and lesser


Public transport fare inclusive. Yes I have no other investments.
So just dump my savings into ssb and ocbc360... Gotten myself ocbc credit so to tap onto it's benefits of spending, can gain additional $30-40/mth of spending bonus.

Ssb generated around $200-600/mth. Ocbc 360 generated around $300/mth.
On good mths it can cover most of my basic necessities.
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