Why sinkie like to save money

fallen1

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Cause govt not going to fund your retirement. Unlike amdk countries
If i dont need to fund my retirement, i also spending like no tmr everyday liao
 
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HappyWorld1

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They dont understand what is money. They dont understand the value of money. Trapped rats running on a wheel.
 

lala24

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Save because lost confidence in the govt. cash is king when govt collapse the economy
 

averagebean

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Just like why poor people horde. They think they’ll need it one day. So instead of living in the moment like most AMDKs, locals would rather suffer first and “enjoy” later, even though most old people in SG do not have the ability to enjoy their retirement.
 

Mebeater

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CPF is not exactly 37%. You know CPF contributions are capped right
 

brushless

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Just like why poor people horde. They think they’ll need it one day. So instead of living in the moment like most AMDKs, locals would rather suffer first and “enjoy” later, even though most old people in SG do not have the ability to enjoy their retirement.

this

I always find those silver hair tour groups quite sad

I saw many many when I was in angmoland

they save up the whole life, planning to spend the money to tour around the world when they are old/retired

by then they realised their health and body are no longer young

can't walk much, always looking for toilet, weak stomach can't enjoy the local food, 90% of time suffering from aching and headache, some rather stay in the hotel room or tour bus
 

ninjaghost

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Because don't give you all back when you reached the retirement age.

Mean cash flow still limited if really want money. For example, your daughter/son want go oversea study but you have no enough cash to settle their first year expenses include rental. In the end, need to borrow money from bank. This sux right??

Your money machiam not your money.
 
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