What-expenses-to-cut

[corydorus]

touzi, taxi is a good alternative. Now grab taxi apps is quite convenience. I can get them anytime especially to airport.
Come with chauffeur service !

[specuvestor]

Comfortable is a big word. Is about meeting something without feel of "pain" and some elements of enjoyment. A state where there is no great need to further improve.

Luxury will be something a lot more than that. Is about extravagance. About indulgence. About waste.

I think in the article, my wants fall within comfortable range be it at higher or just level of that band.

The problem i feel for most locals are the needs for comfortable lifestyle is presented in dissatisfaction manners. They cried for more instead of being part of the change (improve). There is high dependency on authority to resolve their want. There is a price to pay to achieve that which they are unwilling to pay for.

Based on your definition, you should have a car. Peak hour commuting will entail some level of discomfort or "pain". Personally I can accept some discomfort if it save cost. And it not just physical discomfort, but psychological discomfort as well. I suspect the latter is more difficult to tolerate for most Asians. It is important to develop a thick skin. Discussion like this, helps .

Like CF, I dislike waste. Even if I am not the one paying. In fact I abhor consumerism and fashion consciousness.

I sense that value investors usually have these kind of unconventional non-secular "boring" outlook in life We are usually quite clear about what are needs and wants but personally I think we should also balance with aspirations and not be deemed as scrooges

My friend's advise for me to buy a car when I was reluctant is that parents would love to see their children have their first car and take them for a spin. That option only exist when they are still alive.

[corydorus]

Comfortable is a big word. Is about meeting something without feel of "pain" and some elements of enjoyment. A state where there is no great need to further improve.

Luxury will be something a lot more than that. Is about extravagance. About indulgence. About waste.

I think in the article, my wants fall within comfortable range be it at higher or just level of that band.

The problem i feel for most locals are the needs for comfortable lifestyle is presented in dissatisfaction manners. They cried for more instead of being part of the change (improve). There is high dependency on authority to resolve their want. There is a price to pay to achieve that which they are unwilling to pay for.

Based on your definition, you should have a car. Peak hour commuting will entail some level of discomfort or "pain". Personally I can accept some discomfort if it save cost. And it not just physical discomfort, but psychological discomfort as well. I suspect the latter is more difficult to tolerate for most Asians. It is important to develop a thick skin. Discussion like this, helps .

Like CF, I dislike waste. Even if I am not the one paying. In fact I abhor consumerism and fashion consciousness.

I sense that value investors usually have these kind of unconventional non-secular "boring" outlook in life We are usually quite clear about what are needs and wants but personally I think we should also balance with aspirations and not be deemed as scrooges

My friend's advise for me to buy a car when I was reluctant is that parents would love to see their children have their first car and take them for a spin. That option only exist when they are still alive.

Sian lor. Harder to get pretty skirt.

[brattzz]

car is COE lah...really is garhment fault mah!!

[funman168]

dun hv kids in SGP can cut down the most expenses!

[BlueKelah]

IMHO just have a shopping list and cash ready, when the time comes can pounce on the deal

CAR : Just wait will all the car company finish filling their fleet quota and we get into the next recession cycle  (now looking even more possible with the BREXIT) 
COE will dip below $10k again, maybe even $5k. Then all of us can go buy car liao. During such time, one can also negotiate better with the dealers as all of them will be lining up to sell you a car. 

HOUSE : Just buy HDB first, if no kids then just continue stay with parents save on rent and build up deposit. Then during recession can upgrade when everything is on fire sales, developer will be lining up to sell their product to you.

So just wait a few years more, those who are not already enjoying life can when the recession hits. Most value investors should have the patience and temperament to do that. Cannot say when is next recession, but can definitely say that it will happen.

50cents for a dollar YEAH!!!

[brattzz]

dun hv kids in SGP can cut down the most expenses!

then there is no future beyond ur current life span.... what's the point of having money then??

[Caelitus]

dun hv kids in SGP can cut down the most expenses!

then there is no future beyond ur current life span.... what's the point of having money then??

I agree with you brattzz. If I were to be very rich, if there are no kids in the equation, life seems to be short of something. We need to look beyond kids as an expense. The moment you receive news that your wife is pregnant (looking at the test kit) is momentous. Up next comes the first glimpse at your child during the initial ultrasound scan. Where you hope and pray that all is well. The list of milestones just go on.

[funman168]

Below are the expenses that one will most probably hv to plan for after having a kid
Kids expenses - $1.5k/mth
maid - $1k/mth
car - $1k/mth
KidEducation saving - $1k/mth

[BlueKelah]

Breast feed, grandparents, taxi, go local uni. That will save u lots

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