i guess you can work as freelance, 1-2 work order perday should reach 150.

@@donykoh What kind of freelance work? Food delivery? Being a technician is the only thing I know. Never trained for anything else in my whole life.

@@munster1404 electrician / plumbering / handyman

@munster1404 as @donykoh pointed out, you should try freelancing as electrician/plumbering/handyman. never try never know bro. wish u all the best!

The reason for your low salary is because Singapore is addicted to free flow cheap foreign labour.

wrong

And that’s 10k before CPF contribution.

Car and condo is not essential, it is consider luxury item here.

Even with 100k/month, it is barely enough to own 10 Bugatti, private jet and a humble 100M mansion in Singapore.

Car is not an essential, not something I would even consider if the combined income is below 15k per mth. If you use it to fetch your kid from school or to bring your elderly parents for trips, a rental car for ad hoc use is a lot cheaper than owning a car.

​@@pingdragonifyf man. Even with 9 buggati, I feel like a second class citizen

Coz you want to have a car and condo. People who are smarter can live with HDB and public transport which drastically decrease your "magic number". Single why need car? Grab anywhere is still cheaper and convenient than owning a car. Single why need condo? Singapore already so safe why do you need the added security and throw money into the black hole that is condo miscellaneous fees? I don't know why you assume people want to waste money on luxury and depreciating assets.

@@pingdragonify why? because it’s a representation of financial security. And u think cutting your cost of living is the smarter choice? That’s just adapting to failure, and how long can you keep that up. So today u tell me take public transportation and live in hdb, save money. Tmr, you going to tell me to walk instead of taking public transport, live in a studio to save money? The day after, are you going to tell me eat only 2 meals a day? You see where I am going? The Cost of living is ever rising due to natural laws of economics. Tightening the belt, cutting cost of living is never the solution. You do that, your life will only get increasingly miserable. The solution is to increase income. It’s not why need a car, it’s having the choice of buying one or not buying. There’s a diff between I don’t drive cuz I choose to, and I don’t drive cuz I can’t afford to.

@@khaosmue2114 cutting your cost of living so that more money is put into savings/investments you monkey. If I made 12k a month and I live in HDB without owning a car I can afford to go on more holidays and retire better than someone who splurges on depreciating assets and goods earlier on in their lives. Also you are making a slippery slope fallacy. If I want convenience and fast transport, grab is 1000x more worth in terms of money and time saved than owning a car. If I am not in a hurry public transport will do fine. It makes absolutely 0 sense monetary and time wise to drive your own car in Singapore. Same with condos. If you don't plan to treat your condo as an investment, you are essentially bleeding money on useless facility fees you are barely gonna use. It is like buying a golden toilet bowl. You have better and cheaper alternatives, yet you insist on choosing the overpriced option, especially when we are currently in the midst of a global financial crisis. Other than showing off to your grandma, owning a condo and car has 0 upsides.

@@khaosmue2114 You present a logical fallacy known as the 'argument to extremes'. It is absolutely possible to live comfortably in Singapore on a lot less than you quote. For an expat the limiting factor is family size, not car ownership or travel. If you're not a PR, you either home-school or pay through the nose. For a Singaporean or PR - much easier. But I don't understand why anyone would own a car in Singapore, it's bonkers to want to drive yourself up and down an island this small.

@@kingbolo4579 it isn’t extreme at all. Do you know that from 2016 to 2021, about 33-40% of Singaporeans do not meet the Basic Retirement Sum (BRS) required? Based on these stats i think what Singaporeans think is a lot of money isn’t so. In addition, Singapore is objectively the most expensive city in the world. So if ppl in NYC think 10k/month is a joke to them, I don’t think you shld think the average often quoted SGD3-4K / month salaries in Singapore is normal and sufficient. You will be able to live comfortably with a little lesser than the numbers I presented, but is either that u will not have financial security or u will need to control many aspects of your spending. What I present, is the standard required to achieve financial freedom. Also, on your point on the car, like I said, it’s not about “why”. The “why” shldnt even matter, it’s about “are u able to afford one”.

The first steps are to stop writing in capitals and improve your spelling.

Upskill, move to in-demand sectors

Good idea!

stop being a D, living in SG is like easy mode rather than living in a 3rd world country, go save your 10K monthly salary then retire like a king for 7 generation on your neighboring country, third world country sucks earning less than 120 SGD a month 10K sgd a month u still bark.

That's your aspired lifestyle, not what many others want.

this guy fucks. I am accredited already. How much to set up a family office in the region? In the US around at least $20m USD

I guess the milestone mentioned in this video resonates with majority of working singaporeans ... anything more than that is different liao...those are the rich 1-3% fellas of singaporeans...so no point stating those milestone already...

if u want to live in cbd early have to be front office finance in bulge bracket IB or hft straight up

@@TFRO_madRobots u forgot web3.

What do they do if I may ask?

@@SkyDread Head level/ VP

Thank you Josh, hope to see your take on this soon!

Woah bro, which industry ?

jin satki man

@@waliaowee IT

@@geekroute it is not about satki, because he may not get in touch with all industries or when people answering salary survey are more conservative so they actually give a lower income than they are getting. just wanted to say in fact many ppl are earning quite a lot but at the same time they may also spend a lot. end of the day is not how much you earn but how much you save or invest for retirement that matters. if a person earns 10k but spend 9k end up per year only save 12k... so how to retire? furthermore once they are used to the lifestyle of 9k they need even more money in order to retire.... so all these are like a vicious cycle.

@@waliaowee yeah. I’m working at mnc as fresh grad software engineer starting salary 7k already. My senior earning easily over 10k plus

Right here: kzfaq.info/get/bejne/nbl7YMln1LTYk4k.html

or official stats are actually the real ones instead of hearsays

That forum everybody also 20k only la 😂

Don't want to lose face

I doubt his KZfaq channel is enough to substain his expanse looking at the view and subsciber he have. That just allowance for him.

​@@maccheese744he owns multiple credit cards in the 120k income range

Yeah true. I work at mnc as fresh grad software starting salary 7k

@@awinaung5361what would you say salary should be for 9 year experienced in Singapore? I’m offered 10k salary? Should I accept and move there?

same i am getting offered 10k. I have my wife and 2 daughters going with me. Are we going to survive given that my wife would be jobless initially upon relocation?

@@papamac6489 10k is quite challenging. It's ok for a local but as a foreigner, the rent is a killer especially if you need to house a family.

Word!

Just hit the 200k p.a. mark and I'm very happy. Maybe once I get used to it I'll start complaining lol

I'm quite happy with my 200k p.a. salary. But then again I'm still living with my parents. Still saving up for a condo downpayment (plus buffer in case I get laid off)

stop being a D, living in SG is like easy mode rather than living in a 3rd world country, go save your 10K monthly salary then retire like a king for 7 generation on your neighboring country, third world country sucks earning less than 120 SGD a month 10K sgd a month u still bark.

Are you working in IT? Im offered 10k sgd so should I be moving with salary offered?

Nonsense. $1.5mm condo, get something perfectly good for that, 20% down payment, $1.2mm loan. Pay back over 25 years, 4% interest rate, $6.3K monthly repayments. A bit difficult on $10K a month but certainly you can live in a condo for $15K. On $10K a month, you can be an executive HDB somewhere. I'd still call that successful. What makes you a success or not is whether or not you can support your family and build for their future. You can do that from an executive HDB, you can do that from an ordinary HDB, plenty of people do. It's a matter of definition.

Don't bluff, only SVP can have such handsome salary, and how many SVPs can a bank have??

@@luv-nnd Actually a lot SVPs, MDs would earn $50k as a minimum.