Money talks when S'pore women say 'I love you'

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#1
Oh well, so much for looks or the gift of the gab! Tongue

Jun 15, 2011
Money talks when S'pore women say 'I love you'

Survey finding may be a reason for low birth rate, as materialistic people value family less
By Theresa Tan

BLAME the material girl for Singapore's baby woes.

Cupid and the stork had no luck last year, with the number of marriages and babies born dipping to yet another record low.

New research by Singapore Management University (SMU) psychology professor Norman Li could shed some light on Singapore's ever-shrinking birth rate. His study, published earlier this year, shows that Singaporean women are 'significantly' more materialistic than their American peers.

When it comes to looking for a potential spouse, the top criterion for Singaporean women is a man's social status. Next on the list is kindness, followed by a lively personality. In contrast, American women value kindness the most, followed by looks, then a man's social standing.

Prof Li did not ask his subjects for their reasons but said he is not surprised by the finding. 'Maybe Singaporean women are just being realistic. Here, you need a lot of money to survive and afford an affluent lifestyle. Maybe they are just being practical,' he said.

He and his associates surveyed about 400 psychology students aged between 19 and 21, studying at the SMU and the Northern Illinois University near Chicago in the United States, on their attitudes towards marriage, children and preferences when it comes to choosing a partner.

The study found no major differences when it comes to men: Both American and Singaporean men went for looks first. The second most important trait in a spouse for men was kindness and the third was a lively personality.

'Men are wired to go for looks,' he explained, adding that a woman's physical attractiveness is a visual cue for fertility. Features such as 'soft skin, full-looking lips and colourful cheeks' are not just attractive, but also associated with youth, which indicates a woman's fertility. That is why men tend to go for younger women, he explained.

Prof Li, a 45-year-old American-born Chinese, knows this first-hand. His American wife, Ruth, is 21 years his junior. Mrs Li, now a housewife, was his student when he was lecturing at the University of Texas at Austin before he came to Singapore in 2008. They have a two-year-old son, Jasper.

His research also showed that the pursuit of material success is at odds with the desire to settle down and have babies. 'Lots of past research have shown that the more materialistic you are, the less you place value on having friends and family,' he said.

It's a simple trade-off, he added. We have only so much time and energy, and chasing one goal means giving up another ideal.

Another possible factor has to do with one's source for fulfilment, whether it is strong family ties or material success. He said: 'If you have good relationships, you may not need to value material things because you already feel good.'

However, he noted that research has not determined which comes first: 'Do people pursue material goals and then abandon friends and family, or is it because they are no good at having friends and family and so they make up for it by grabbing onto material things?'

He said he decided to study Singapore's baby woes from a psychological perspective after learning that it was an utmost national concern. By and large, he noted, wealthier countries tend to have lower birth rates. Yet 'significant differences' still occur among countries which enjoy similar levels of economic development, he said.

That is why he decided to compare Singapore and the US. Singapore ranks ninth out of 229 countries, while the US takes the 10th place, in terms of per capita gross domestic product, according to the Central Intelligence Agency World Factbook.

Yet the US' total fertility rate (TFR) at 2.05 in 2009 was almost double Singapore's rate of 1.22. Last year, Singapore's TFR, which measures the average number of children a woman will bear in her lifetime, sank to a historic low of 1.16.

Only 37,967 babies were born last year, the lowest number since 2005 when Singapore saw 37,492 births, despite the surge in the number of new citizens and permanent residents in recent years. And only 24,363 couples tied the knot last year - the lowest since 2007, when 23,966 couples wed.

In a Family Research Network forum presentation on singlehood at the National University of Singapore last month, Prof Li pointed out that Singaporeans - both men and women - are 'significantly' less satisfied with life than Americans.

Americans scored an average of five, while Singaporeans came in at 4.38 in his study. The closer the score is to seven, the more satisfied with life the respondents are. Singaporean women were also found to be 'significantly' more materialistic than American women. They polled an average of 3.98, compared to the American women's score of 3.74. The closer the score is to five, the more materialistic one is deemed to be.

While the study did not ask respondents for the reasons behind their answers, Prof Li feels that the relentless rat race and high cost of living are possible reasons Singaporeans are less happy with life and are more inclined to go after money and success.

While it is expensive to live in major US cities such as New York or Los Angeles, there are plenty of places in the US to 'live comfortably' for a lot less money than in Singapore. 'It's not that hard to buy a house and car in the US,' he said.

Besides, with the globalised economy and outsourcing, Singaporeans are vulnerable to losing their jobs to a foreigner any time. 'People can't really relax. Can you really get to the point where you feel comfortable? People just don't get to that point any more,' he noted.

Also, Singaporeans, like other Asians, tend to worry more about life than Westerners, who are 'more relaxed' and more comfortable with facing the unknown.

'I think you have to work really hard and succeed before you can relax here,' he said. 'On average, people in the West are able to enjoy life as they go along. They are not going to kill themselves to succeed.'

So what is the bottom line?

He pronounced: 'Materialism is a double-edged sword.' While materialistic values spur the economy to greater heights, they dampens people's desire for family and children.

His research shows that people who are less satisfied with life and value material success more are less likely to view marriage and procreation 'favourably'. For career-minded women, having children - or more children for that matter - is a drain on their time and resources.

With more women taking on high-flying jobs and their expectations of their partners rising as their own earning power soars, he reckoned getting the dismal birth rate up will be 'very, very difficult' unless a shift in values away from materialism towards more pro-family values occurs.

But beyond saying that more monetary incentives are unlikely to spur the stork to visit more often, he refused to delve further into pro-natal incentives that will work, insisting that is not his area.

His research mainly explores 'what do people really look for in mates' and the science of attraction, love and lust in people, he maintained.

So has knowing all about women's psyche helped in his own pursuit of happiness? Prof Li is the first to admit he has had 'mixed success' and made 'lots of mistakes' in his love life, despite his vast research on the topic. His first marriage, to a former postgraduate course mate, broke down after four years due to 'different values'.

'There's a difference between knowing what you should do and doing it. Doing it is not always easy,' he said. 'I'm reasonably confident that I can tell when someone is interested in me. I can generally interest someone who might be interested in me but I could use more work in the relationship maintenance department.'

theresat@sph.com.sg
My Value Investing Blog: http://sgmusicwhiz.blogspot.com/
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#2
Its not only single ladies talk about money. Even my wife for two decades talk non-stop about money as well... all the nagging is just irritating!
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#3
The results are not that surprising..........although it's good to have solid research to back up observations.......

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#4
I believe government policies also pay a part. The propaganda of asset enhancement, 5C since GCT era. They way government conducting their businesses make us realize that money is very important in Singapore.
Kids are influenced by their parents. Men and women are also materialistic.

As countries more developed, more jobs for women than men. More and more househusbands. Women jobs tend to be more secure than men's. In the long run, men are unemployed but women are employed. Women have freedom to choose. If they prefer materialistic life than family life, they choose to remain single. Traditionally, men have obligation to 传宗接代。
在新加坡,没有钱,万万不能。
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#5
True love is dead...
The thing about karma, It always comes around and bite you when you least expected.
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#6
(16-06-2011, 11:37 AM)WolfT Wrote: True love is dead...
Bro, very chim leh...can elaborate...why dead is true love???
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#7
True love is alive and well in Singapore.
In fact, the scope have expanded.
It used to be just about a woman loving a man,
now it is a woman loving a man and his money.

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#8
How can there be true love when she sees money before the heart?
For guys it is appearance first..
Not all men and women like this but the % very low esp in sg.
The thing about karma, It always comes around and bite you when you least expected.
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#9
Women go for rich and powerful. Man go for pretty face.Then talk about love.
Get Real, this is Nature.

Just my Diary
corylogics.blogspot.com/


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#10
I don't really think true love is dead.

Money is definitely important. It represents to females security, and that a man can take care of her needs.

Also, I dont think money is the sole factor too. Factors like ambition or determination/confidence also signify the same things to the opposite gender and increase attractiveness.
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