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