My Monthly Budget Planning | Singapore Living Cost | Cost of Living in Singapore

My Monthly Budget Planning | Singapore Living Cost | Cost of Living in Singapore | Insider Gyaan

Рет қаралды 39,761

Күн бұрын

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#monthlybudget #personalfinance #budget
In this video - "My Monthly Budget Planning | Singapore Living Cost | Cost of Living in Singapore | Insider Gyaan" - being very candid about my monthly expenses, living cost in Singapore and how I track my budget on a monthly basis.
An IIT + IIM / ISB alumni initiative to provide insider tips and tricks about college and career., we cover topics ranging from reality of life at IIT, IIM, ISB to hacks about job search, career options, networking, interview prep, choosing electives, extracurriculars, why MBA after engineering, how to score marks in college, and much more!
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Tags: singapore, singapore lifestyle, singapore living cost, singapore living expenses, singapore cost of living, singapore cost of living for indian, singapore jobs, singapore jobs for indians, working in singapore, living in singapore, cost of living in singapore, iit girls, iit delhi, isb hyderabad, isb alumni, mba jobs abroad, insider gyaan, monthly budget, monthly budget planning, monthly expenses, monthly expenses in singapore

Пікірлер: 123

@lokeshyadav1240 Жыл бұрын

Please note these expenses are not for normal family it's "I would say for very high earning family"

@sajitable Жыл бұрын

I recently started watching your videos and I want to thank you for the true worthy lessons I really liked your video on the Toxic Boss

@chintan04 2 жыл бұрын

Thank you for making a very informative video on SG. I wanted to check on educational expenses a couple would would incur on their kids primary education.

@InsiderGyaan 2 жыл бұрын

I don’t know that.. please research :)

@Kioeli_ 2 жыл бұрын

Love this👏🏽👏🏽👏🏽👏🏽

@adsinha2001 2 жыл бұрын

20% ---->>>3000SGD 100%-----> 15000SGD/MONTH salary in 12 months ----> 1,80,000SGD INR conversion -----> 1.01 crore plus

@kaustubhseludkar8254 Жыл бұрын

Hi Soumi, it's good to know that you have answered most of the questions which generally occurred. Just wanted to know what will be the ideal package to get moved in Singapore? 8500 SGD per month sufficient?

@iamnik17 Жыл бұрын

Great inside and really helpful. Thanks.

@ahamasmiyodha 2 жыл бұрын

You are awesome and your husband as well. Rarely use social media or anything because it is nonsense mostly but you guys are lit.

@InsiderGyaan 2 жыл бұрын

Haha thanks Nitin, that means a lot :)

@marthanukunu6776 2 жыл бұрын

Hi madam good morning I need job

@marthanukunu6776 2 жыл бұрын

And I also need a job like house help

@nitinsingh-oi4qt Жыл бұрын

Hi Soumi, can you pls elaborate a bit on income tax slabs in Singapore.

@keshavagarwal8145 2 жыл бұрын

I just sell far OTM options in Nifty and Banknifty & earn moeny on my money. Its a great way to compound our money. It takes a year or two to learn how to do adjustments in case of a big movement but trust me its worth giving our time into it.

@InsiderGyaan 2 жыл бұрын

That's great! :)

@rogerthat_shorts Жыл бұрын

Video starts at 2:08

@fourteentalk Жыл бұрын

Transport does not cost 10 dollars per day. If you take public transport, it will cost between 2-5 dollars maximum unless the only thing you have been doing the whole day was going from transport to transport. If you take a cab, it cost on average 20 dollars. Of course it can be lower of higher based on the difference. Source: I'm a Singaporean

@InsiderGyaan Жыл бұрын

Firstly, this is for 2 people. Secondly, transport includes sometimes cab and sometimes mrt, bus for us.

@durgeshmishra5902 2 жыл бұрын

hi soumi…..great video…..jst wanted to know the house that we rent is it alwys furnished? or do we need to rent appliances and furnitures seperately?

@InsiderGyaan 2 жыл бұрын

Depends..there are both types available. White goods are 95% always included..furniture depends

@vermamach3 Жыл бұрын

6000 per month is not a median estimate, it's on higher side.

@vaibhavsachdeva2807 2 жыл бұрын

Hi Soumi!! I've been watching all your YT videos for a while, they're really nice and informative! I too have a finance background and your video about investment banking was indeed interesting and relateable. Is MBA from SMU worth it if I want to make a career in IB based in Singapore? And how is overall IB industry there if I want front office role?

@InsiderGyaan 2 жыл бұрын

SMU is one of the top 2 here...so definitely great for MBA. IB roles are always few everywhere, but once you make it, you are handling entire south east asia from here. Definitely interesting role!

@vikramsharma5288 Жыл бұрын

Hi mam thanks for the info .. i m getting a job in singapore i m from india so wanted to know how mucb should be a salary for ops manager n how much it will.cost to live with 2 kids who are around 3 year

@Retireonmybudgetcommunity 2 жыл бұрын

Great information

@aninditadutta6814 2 жыл бұрын

Nice one!

@gauravraawat28 2 жыл бұрын

Hi ..hope you are doing well I saw your video and it's very informative for people like us who are planning to come and explore , I just wanted to check if there is any genuine website or vendor wherein we can check for the rented accommodation..please advise what would be the best location for consideration. Thanks

@InsiderGyaan 2 жыл бұрын

Yes - property guru, 99acre

@explaineverybit Жыл бұрын

What can i get as a fresher Developer in Singapore?

@avichand8599 2 жыл бұрын

Hi saumi I want to study there what is the procieger

@radhikakrishnan5256 2 жыл бұрын

Hi Soumi, If we clear the job interview and get offered a job but in the contract role (12months) is it safe to consider. PS: I dint go through any consultancy...and have directly searched and interviewed job via LinkedIn job posting. Also they did not mention about the contract role at the beginning.

@InsiderGyaan 2 жыл бұрын

should be ok. just that there is a risk of you having to come back after the contract period

@radhikakrishnan5256 2 жыл бұрын

@@InsiderGyaan Thanks for your swift reply :) Is it advisable to negotiate asking for a full-time or should I just consider it as a opening to step into Singapore.

@InsiderGyaan 2 жыл бұрын

@@radhikakrishnan5256 i mean that really depends on you :) although if it is contract, i am not sure they will agree to a full time at this stage

@SingaporeChinnodu Жыл бұрын

@Radhika I also got some job offer for 12 months contract. What decision u took? Could u share some of your findings.

@mohitpatra7012 2 жыл бұрын

Mam kindly share how can apply jobs in Singapore

@parthapratimghose173 2 жыл бұрын

Hey Somi di how did you get your job at Singapore dis the company approach or you or you applied !

@InsiderGyaan 2 жыл бұрын

Applied. Via LinkedIn.

@vermamach3 Жыл бұрын

MRT used to cost arnd 100 from Tampines to CBP per month + other travel.

@fourteentalk Жыл бұрын

It's best if you write in dollars,not rupees or you might confuse others and make them think it cost 100 dollars

@hskreshu798 2 жыл бұрын

Mam just now you told us that your monthly rent of your apartment is 3500 SGD , and one my knowing person is there , His/her salary is only 800 SGD , So can you please tell me what is the exact salary of Singaporean companies giving to us and yes it's really fact the salary actually depends on our work So what's your work mam My age is 32 years so can I apply for that??

@InsiderGyaan 2 жыл бұрын

I work in management consulting. If you think you are qualified enough then yes u can apply. Age got nothing to do with it :)

@divyaalok5538 Жыл бұрын

Awesome Inc

@shivijammy Жыл бұрын

Mam, please tell me about the maternity cover. Or any health insurance that cover maternity in Singapore,

@InsiderGyaan Жыл бұрын

There are a lot of insurance covers to choose from. Like any country things like maternity etc might have 12 months waiting period

@aishur2531 2 жыл бұрын

How to get a job while on dependent visa?can you post some tips on to this topic?

@InsiderGyaan 2 жыл бұрын

As far as I understand u can't work on dependent visa here anymore. Need an EP 🙈

@Mad1080 Жыл бұрын

How about taxes, Bank interest on savings. How to purchase a house in India earning at Singapore

@InsiderGyaan Жыл бұрын

The day i buy my house i wil let u know :)

@daniel98890 2 жыл бұрын

3500$ rent and you say it is not much … less than 5% foreigners pay more than 3k rent in Singapore … u have been made to believe by the agent … I am staying in Singapore for over a decade and believe me , 3.5k is too high even taking into account the location …U can get a very good 5 room hdb for 2.3k …

@InsiderGyaan 2 жыл бұрын

Ya but I don’t live in an HDb :) depends I guess on what u want. I don’t think for condo prices this is too high. Happy to be proven wrong when I move next :)

@daniel98890 2 жыл бұрын

@@InsiderGyaan 80% of the population are living in hdb’s only … condos are already considered premium accommodation.. that’s why I said 3500 is not the norm or nominal rate in sg … Most Indians working there rent house between 1800-2500 …. Well if u can afford then all good :)

@arohijedhe9241 Жыл бұрын

But how can we know that cuz being a foreign everyone is going to take advantage of it

@KrushnaPandhare Жыл бұрын

Agreed... Better stay in US.

@innovativefacultytrainingkota 2 жыл бұрын

Well

@vermamach3 Жыл бұрын

We stayed in Tampines, in a condo, rent was 2500 for a 3 bhk

@InsiderGyaan Жыл бұрын

Great it is also an hour commute from our workplaces…there are plenty places for cheap as u go further

@keshavagarwal8145 2 жыл бұрын

How do you invest your money? (Thank you for the insights).

@InsiderGyaan 2 жыл бұрын

I usually do SIP in mutual funds and then invest some in US and China markets

@keshavagarwal8145 2 жыл бұрын

@@InsiderGyaan You should make a video on how to invest in Chinese market and your views on China Markets. I am sure it will give a lot of insights as many of us are allien to it.

@sidhumoosewala8039 2 жыл бұрын

Nice 👍🙂🙂🙂

@aditigupta5907 2 жыл бұрын

Hey, can you share contact/ any kind of site where we can find help for cooking?

@InsiderGyaan 2 жыл бұрын

Sendhelper

@harshikhadas9309 Жыл бұрын

Hii very informative video,can you help me with your apartment name bcz i like the location and view It will be very helpful 😊

@ramansingh1988 2 жыл бұрын

Hi Ma'am, I really like your vlogging channel and this channel. You and Sir are doing great job. Keep it up. (PS- I feel your channel is highly underrated but best wishes for future)

@InsiderGyaan 2 жыл бұрын

That means a lot Raman. Please help share with others 😁

@satinthakur-sb1pu Жыл бұрын

nyc mam

@sidhumoosewala8039 2 жыл бұрын

Plzz tell me that what kind of job a 12 pass student do in Singapore and how much he/she can earn

@InsiderGyaan 2 жыл бұрын

I don’t know to be honest :)

@sarveshsatpute5598 Жыл бұрын

What is the rent of single room in Singapore? Also do I need to pay deposit?

@InsiderGyaan Жыл бұрын

Depends on locality, size, view so many other things

@InsiderGyaan Жыл бұрын

Deposit yes. 2 months

@sarveshsatpute5598 Жыл бұрын

How much it would be for a normal room for a single person in Ang Mo Kio?

@jasman375 2 жыл бұрын

Hlo sister,, my brother arrived in Singapore,, he reached in his hotel,, now what he will do,, can u please help,,.. Because he has no idea.,, and m vry worried,, please anyone help,,

@InsiderGyaan 2 жыл бұрын

Why did you send him here without any ideas?

@jasman375 2 жыл бұрын

@@InsiderGyaan wah kya blogger ho,,

@InsiderGyaan 2 жыл бұрын

@@jasman375 thank you ✌️

@gopikaravindran2988 2 жыл бұрын

Coming to Singapore in June end. Any good condos near queenstown?

@InsiderGyaan 2 жыл бұрын

Check propwrtyguru. There is tanglin residence but a ton that i may not know of

@gopikaravindran2988 2 жыл бұрын

@@InsiderGyaan Thank you very much

@energeticmind1791 2 жыл бұрын

What is your current CTC right now approx.

@InsiderGyaan 2 жыл бұрын

Nice try

@raygunfreefire6058 2 жыл бұрын

aapki job permanently hai kya singapore mai? yaa fir few months/years?

@InsiderGyaan 2 жыл бұрын

Permanent - few months k liye kyu hoga haha 🙈

@raygunfreefire6058 2 жыл бұрын

@@InsiderGyaan i thought consulting companies mai transfer hota rehta hoga in different countries. but theek hai :)

@InsiderGyaan 2 жыл бұрын

@@raygunfreefire6058 wo bhi hota hai. But my base location rn is Singapore :)

@anupmamishra1121 2 жыл бұрын

To be honest maam I was shocked When i got to know u are married I thought u are single U look such bold woman who don't depend upon any one

@InsiderGyaan 2 жыл бұрын

Being married has nothing to do with depending on anyone. I am very much married and very much independent :)

@anupmamishra1121 2 жыл бұрын

@@InsiderGyaan maam u are my inspiration I am high school student and wants to be like u

@InsiderGyaan 2 жыл бұрын

Thank you very kind of you :)

@anupmamishra1121 2 жыл бұрын

😀😀

@santhosh8290 Жыл бұрын

How could I crack job in Singapore from India?

@InsiderGyaan Жыл бұрын

Apply, network, try moving within current company if there is office

@angadlamba Жыл бұрын

Can you please share number of agent who can help me get a 2 BHK at riverside?

@InsiderGyaan Жыл бұрын

Check propertyguru…we never had any agent

@Vino747 2 жыл бұрын

Hello mam, I am searching job through Job street portal, is it possible to get job through it ( I got three years of work experience in investment banking domain) or else shall I try through student visa? Please suggest me your opinion!

@InsiderGyaan 2 жыл бұрын

best way to get a job is via referrals or Linkedin...

@Vino747 2 жыл бұрын

@@InsiderGyaan what about study path mam?? Is it possible right?

@supriyasonawane6678 Жыл бұрын

how much do u earn per month?

@InsiderGyaan Жыл бұрын

Enough to sustain my life and then save some :)

@pramodtinku7214 10 ай бұрын

your cost of living calculations/standards are too high... it can still be brought down by $1000... I'm living here since 8 years...

@ppradha123 2 жыл бұрын

What about tax deductions

@InsiderGyaan 2 жыл бұрын

Thats separate

@ashishc7900 2 жыл бұрын

2 lakh Rs on house rent u gotto be kidding me

@InsiderGyaan 2 жыл бұрын

It is not too high for Singapore :) purchase power parity my friend. And SG is an expensive place :(

@santhosh8290 2 жыл бұрын

Where do you work ?

@InsiderGyaan 2 жыл бұрын

Pls check LinkedIn :)

@santhosh8290 2 жыл бұрын

@@InsiderGyaan sure thank you :)

@steventay5834 19 күн бұрын

$6000 is enough for a single

@therahul23451 2 жыл бұрын

3,500 is a lot tbh

@InsiderGyaan 2 жыл бұрын

Sure but you won't find anything good for less for the area we live in for a size of apartment here :)

@therahul23451 2 жыл бұрын

@@InsiderGyaan it’s also a matter of the size of the rent as a proportion of your income. It’s clear you make a wage that’s way above average (15-20K per month?) so this rent I’m sure seems reasonable to you. But for most Singaporeans and singaporean residents, the salaries are not that high, hence the comments 😉

@hskreshu798 2 жыл бұрын

@@therahul23451 correct

@asifiqbalrs 2 жыл бұрын

Alexandria Ocasio-Cortez

@Quoranarration 2 жыл бұрын

Ye hi-fi budget wala video, don't appriciate.

@InsiderGyaan 2 жыл бұрын

Koi baat nai mat dekho :)

@joice3851 2 жыл бұрын

So very pathetic, you need to come to Singapore to Survive. You said you come from Hydrabad, with all your education .India is not able to give you a job,I'm sure cleaning job is available Mam

@InsiderGyaan 2 жыл бұрын

o yes, there were jobs available, but because i could get one in SG, someone in India might have been fortunate to take those up, and support their family :) May be your research skills are a bit pathetic, because I am not from Hyderabad :)

@joice3851 2 жыл бұрын

@@InsiderGyaan We in Singapore survived by taking any jobs, .we are not choosy,and demanding that is how we in Singapore survived. So please .we are happy.

@navrosebrar1592 Жыл бұрын

@@InsiderGyaan can u tell me how much money does it cost u to migrate to Singapore from india

@ankitlakshya450 2 жыл бұрын

Saw your profile on LinkedIn ...want to ask how long does it take to get a interview call from Deloitte after you get a referral ? ...I have applied to Deloitte Hyderabad

@InsiderGyaan 2 жыл бұрын

I have no clue really depends on the recruiter

@ankitlakshya450 2 жыл бұрын

@@InsiderGyaan I got a referral from one of the Hr this Wednesday I am out of job I am cold mailing everyone I am not getting any response so wanted to know how much time it takes