Mind... the (income) gap

(12-04-2013, 08:53 AM)WolfT Wrote: I once saw a 1M saving acc receipt on top of the ATM machine at a petrol kiosk. I was like wow, must be someone who just got cash rich through enbloc! The rest is just like paullow said, sad case.

I know this sounds OT, but for myself, I never even print a receipt when I go to an ATM.

Many with instalments to pay, are living from hands to mouths. I know of a few borrow to the maximum to buy car , flats and renovations...... walking on thin ice.

(12-04-2013, 09:07 AM)Musicwhiz Wrote:

(12-04-2013, 08:53 AM)WolfT Wrote: I once saw a 1M saving acc receipt on top of the ATM machine at a petrol kiosk. I was like wow, must be someone who just got cash rich through enbloc! The rest is just like paullow said, sad case.

I know this sounds OT, but for myself, I never even print a receipt when I go to an ATM.

I considered going green but the ATM will flash your balance at the end of the session. If my balance happens to be a large amount, I'd be fearful of some criminally inclined person behind me watching and observing and seeing.... Call me paranoid, but better safe than sorry...

i think these form the majority of pple. every single day can be a nightmare for those pple. singapore no natural resources unlike m'sia or china where pple can grow their own produce n can survive with little or no money. s'pore life gets miserable without much money. and for most of these pple, they will likely remain status quo for a lomg time to come unless a miracle happens.

(11-04-2013, 10:47 PM)paullow Wrote: whatever it is, rich poor incone gap will continue to widen. most of the poor will be stuck there fir the rest if their lives with 4d or toto as their main hope to try to propel themselves upwards. as an analogy, toyota altis bread n butter car cost 120k today yet still most of them are on loan whereas as rolls royce cost 10times more, yet i believe few of them are on loan. the rich rely on easy non physical means to get richer while the poor just continue to be poor. tax increase may cause s'pore to lose some if these high incomer but even if they stay put, their wealth still goes up cos most of it is non taxable or already taxed at the company level not forgetting the poor still can't escape the 7%gst despite using hard labour n strength to earn theur living.
it pities me when sometimes i go to the atm and find receipts of accounts left only tens of dollars. if u guys open ur eyes n just take time to scrutinise some receipts left.behind, u will see that this is not an uncommon occurrence. i really wonder how they live life.

Maybe they are happier?
If bank balance is directly linked to Happiness in life, then perhaps Bhutan could be the saddest country in the world and Singapore, one of the happiest?
But i read a report which shows otherwise....of course, the report could be written by "poor" people..haha

Interesting, isn't it?

(12-04-2013, 09:16 AM)KopiKat Wrote:

(12-04-2013, 09:07 AM)Musicwhiz Wrote: I know this sounds OT, but for myself, I never even print a receipt when I go to an ATM.

I considered going green but the ATM will flash your balance at the end of the session. If my balance happens to be a large amount, I'd be fearful of some criminally inclined person behind me watching and observing and seeing.... Call me paranoid, but better safe than sorry...

Think of it, the right way is to send the balance to HP through SMS. Besides avoiding revealing your balance to someone nearby, the account holder will be alerted if there is any unauthorized cash withdrawal.
Any bankers here or bank operation staffs want to propose this to your bank?

And, I think SMS is cheaper than receipt.

If living from hands to mouths , no money, how much happy can it be ?

(12-04-2013, 09:21 AM)camelking Wrote:

(11-04-2013, 10:47 PM)paullow Wrote: whatever it is, rich poor incone gap will continue to widen. most of the poor will be stuck there fir the rest if their lives with 4d or toto as their main hope to try to propel themselves upwards. as an analogy, toyota altis bread n butter car cost 120k today yet still most of them are on loan whereas as rolls royce cost 10times more, yet i believe few of them are on loan. the rich rely on easy non physical means to get richer while the poor just continue to be poor. tax increase may cause s'pore to lose some if these high incomer but even if they stay put, their wealth still goes up cos most of it is non taxable or already taxed at the company level not forgetting the poor still can't escape the 7%gst despite using hard labour n strength to earn theur living.
it pities me when sometimes i go to the atm and find receipts of accounts left only tens of dollars. if u guys open ur eyes n just take time to scrutinise some receipts left.behind, u will see that this is not an uncommon occurrence. i really wonder how they live life.

Maybe they are happier?
If bank balance is directly linked to Happiness in life, then perhaps Bhutan could be the saddest country in the world and Singapore, one of the happiest?
But i read a report which shows otherwise....of course, the report could be written by "poor" people..haha

Interesting, isn't it?

wahahahaha! oh my god i cannot believe you said what you said. Do u happen to be someone who wears white?

I'm personally not in favor of any online receipts like sms or email whether is from atm tickets or bank / cc statements and I always opt out.

Maybe it can save cost but really how does these savings of few cents benefit to me or to you? Cumulatively they could add up to quite a bit but in the end it will make it's way into some business owner pocket or shareholder's pocket.

But it will not be benefit to me.

(12-04-2013, 09:49 AM)kichialo Wrote:

(12-04-2013, 09:21 AM)camelking Wrote:

(11-04-2013, 10:47 PM)paullow Wrote: whatever it is, rich poor incone gap will continue to widen. most of the poor will be stuck there fir the rest if their lives with 4d or toto as their main hope to try to propel themselves upwards. as an analogy, toyota altis bread n butter car cost 120k today yet still most of them are on loan whereas as rolls royce cost 10times more, yet i believe few of them are on loan. the rich rely on easy non physical means to get richer while the poor just continue to be poor. tax increase may cause s'pore to lose some if these high incomer but even if they stay put, their wealth still goes up cos most of it is non taxable or already taxed at the company level not forgetting the poor still can't escape the 7%gst despite using hard labour n strength to earn theur living.
it pities me when sometimes i go to the atm and find receipts of accounts left only tens of dollars. if u guys open ur eyes n just take time to scrutinise some receipts left.behind, u will see that this is not an uncommon occurrence. i really wonder how they live life.

Maybe they are happier?
If bank balance is directly linked to Happiness in life, then perhaps Bhutan could be the saddest country in the world and Singapore, one of the happiest?
But i read a report which shows otherwise....of course, the report could be written by "poor" people..haha

Interesting, isn't it?

wahahahaha! oh my god i cannot believe you said what you said. Do u happen to be someone who wears white?

We will have a meaningful conversation if we don't drag politics in every damn issues. Period
By the way, i am WP supporter.