Do you think your life will be good if you have a salary of S$5000 in Singapore? 月薪5000元，在新加坡能过得好吗？

[Laguna123]

I not poor thing lah.
The money I make is really good and can go towards helping secure finances for my family and the kids. So why not?
I am only committed to working 1 day a week. Just doing that 1 day a week I get about $20k a month. The other days of the week is up to me if I want to work on those days. I get sent assignments worth about $1200-1500 each and I can do 2-3 in a day.
But I have reached the stage I don't want to work everyday lah. Also do 1-2 a day is less hectic than 3 -4.
At first I had the feeling, aiyah can make more money why not right? So just keep accepting. Work as much as I can. Make A LOT of money. I pushed hard for month of May. I wanted to know roughly if I went all out how much is the max I can make in 1 month. But later felt more tired and jaded in June.
Better to pace myself. Don't burn out.
Steady is better.

But if money is good, and I can manage my workload and not be too stressed why stop right?

I will probably stop when there is either no more work due to changes in the law or government or when I am too old or sick to physically work. Maybe when I am in my 80s if it is due to age alone.

You drive truck is it? Can earn so much working 4 days a mth?

 

[nyvrem]

5k / mth is pretty common leh

 

[mickey88]

Your colleague how old le?

65,,now part time contract..countdown ORD from working force

 

[KakiMeow]

With WSQ me and my colleagues pay increased to 5k from 3k, but pple here say i gaslight them sia

 

[cyke69sg]

You drive truck is it? Can earn so much working 4 days a mth?

Truck driver can earn so much? I don't think so.

 

[cyke69sg]

5k / mth is pretty common leh

Below average I think for those above age 30? Depends on age also.

 

[anchoraz]

Dink is the solution.

Here v hard to survive. Dink then bto, clear housing loan within 20yrs time. House rent out.

Go jb rent and stay with hdb rental $$.

 

[SimpleToo]

If can really 5k/mth I will be very happy Liao…

 

[plexxor]

5k sure enough

Do you want three meals in a hawker centre, food court or restaurant?

 

[mata_hippo]

5k/mth in sg with no commitments/loans is good

 

[lampano]

sorry i cannot, its downgrade for me

 

[Laguna123]

Truck driver can earn so much? I don't think so.

Then what you do?

 

[erwinrommel]

Took me 15 years to increase another $2k
Seriously, 3% yearly increment is enough for me since I have no kids so it is pointless to have so much of wealth
Extra $1k earned monthly means I can afford to buy expensive gadget every few months

Those who give this post a sad reaction are probably people who not only have a different mindset, don't rely on CPF but also think that money is everything

Personally, I don't have to live comfortably but also not to be hard on myself ,it is fine even to save few hundreds monthly
Some more I have CPF to fall back on

Yes but I don't do that because I want to bring my wife go mall jiak

Actually you are having a pretty good life. No need to worry about so many things.

I have a friend who live condo, has car and 3 kids. His 15k per month salary is insufficient to maintain his lifestyle and always stressed over a lot of things such as losing his job. In fact, he has high blood pressure , compressed nerve discs and overweight. I was initially envious of him until he pointed out all these to me.

 

[Peanut15]

$5k per household is ok. But it will be hard to "save" any money for retirement. Holiday also will be hard

 

[RichardXyn]

I have a family of 4. We get by comfortably with about 3k per month. And we have a car. The key here is not to borrow. Spend only what you can earn.

 

[Medicated Oil]

You have to be:
- Healthy.
- Pray that your parents continue to be healthy.
- Stay single or dun divorce.
- DINK.
- Dun have any money consuming habits like buying toys.
- Dun have any family members or friends who keep asking you for money.
(I dun call it loan since you will not get the money back.)

 

[TiedInsurer]

Back in my previous job, I started off earning $3k.

It took me about a decade to hit $5k, and that was my last drawn salary in 2018.

At the time, $5k felt more than enough. You could get a decent cai png with meat for just $2.50, and even go for MRT $1 chicken rice. Even when I had to take an emergency Grab ride from CCK to Yishun during peak hours, it never went beyond $16.

Fast forward to today, and honestly, $5k just doesn’t stretch as far anymore. It’s been seven years since I retired, and my wife’s salary still hasn’t even hit $5k. Luckily, I have passive income to supplement our expenses.

$5k now is probably enough if you are single, though. Without too many commitments, you can live comfortably but not luxuriously.

Defo not enough for kids and cars.

2008 $3k is worth about $5.5k in 2025, according to official inflation rates.
On another note... you one decade of working for $3k~$5k, can retire ah? Strike TOTO is it?

 

[TiedInsurer]

5k used to be my ideal salary when i started work more than 15 years ago.

But after you reach it, you think 7k is enough. Then 10k. And so on and so forth.

Objectively, if you already have a paid for home, single, lives simply, 5k is still enough.

Add marriage, 1 kid, maybe 5k x 2 = 10k for dual income, if house already paid for.

Plus 1 car is additional 5k, for HHI.

Additional kid is additional 5k.

With house commitments, additional 5k.

I would say about 25k HHI for 2 kids, 1 car, condo.

That's because 15 years ago, $5k is worth $9k in terms of purchasing power.
So if you finally hit $5k, and then you want $7k, it's not because you're greedy. In fact, you've already made a lot of concessions on your living standards.

 

[TiedInsurer]

Median salary (MOM statistics) is too low to start a family? Or need to keep to minimal lifestyle?

Newspaper 造反了！

$5k is not enough to start a family if you are sole breadwinner. But if your waifu also $5k, and she's willing to share her salary with the family, then you have $10k and it's enough.

 

[3G SAINT]

For Single without commitment, it should be a comfortable salary.

If you have kids, it's not enough.

If you are eat simple meal still fine when you take home pay 4k