My Monthly Budget Planning | Singapore Living Cost | Cost of Living in Singapore | Insider Gyaan

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  • Опубліковано 7 січ 2025

КОМЕНТАРІ • 123

  • @rogerthat_shorts
    @rogerthat_shorts Рік тому +4

    Video starts at 2:08

  • @lokeshyadav1240
    @lokeshyadav1240 2 роки тому +7

    Please note these expenses are not for normal family it's "I would say for very high earning family"

  • @keshavagarwal8145
    @keshavagarwal8145 3 роки тому +6

    I just sell far OTM options in Nifty and Banknifty & earn moeny on my money. Its a great way to compound our money. It takes a year or two to learn how to do adjustments in case of a big movement but trust me its worth giving our time into it.

  • @ahamasmiyodha
    @ahamasmiyodha 3 роки тому +4

    You are awesome and your husband as well. Rarely use social media or anything because it is nonsense mostly but you guys are lit.

  • @chintan04
    @chintan04 3 роки тому +4

    Thank you for making a very informative video on SG.
    I wanted to check on educational expenses a couple would would incur on their kids primary education.

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому +1

      I don’t know that.. please research :)

  • @kaustubhseludkar8254
    @kaustubhseludkar8254 2 роки тому +4

    Hi Soumi, it's good to know that you have answered most of the questions which generally occurred. Just wanted to know what will be the ideal package to get moved in Singapore? 8500 SGD per month sufficient?

  • @fourteentalk
    @fourteentalk 2 роки тому +2

    Transport does not cost 10 dollars per day. If you take public transport, it will cost between 2-5 dollars maximum unless the only thing you have been doing the whole day was going from transport to transport.
    If you take a cab, it cost on average 20 dollars. Of course it can be lower of higher based on the difference.
    Source: I'm a Singaporean

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому

      Firstly, this is for 2 people. Secondly, transport includes sometimes cab and sometimes mrt, bus for us.

  • @sajitable
    @sajitable 2 роки тому

    I recently started watching your videos and I want to thank you for the true worthy lessons
    I really liked your video on the Toxic Boss

  • @nitinsingh-oi4qt
    @nitinsingh-oi4qt 2 роки тому +3

    Hi Soumi, can you pls elaborate a bit on income tax slabs in Singapore.

  • @vermamach3
    @vermamach3 2 роки тому +2

    6000 per month is not a median estimate, it's on higher side.

  • @daniel98890
    @daniel98890 3 роки тому +12

    3500$ rent and you say it is not much … less than 5% foreigners pay more than 3k rent in Singapore … u have been made to believe by the agent … I am staying in Singapore for over a decade and believe me , 3.5k is too high even taking into account the location …U can get a very good 5 room hdb for 2.3k …

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому +1

      Ya but I don’t live in an HDb :) depends I guess on what u want. I don’t think for condo prices this is too high. Happy to be proven wrong when I move next :)

    • @daniel98890
      @daniel98890 3 роки тому +6

      @@InsiderGyaan 80% of the population are living in hdb’s only … condos are already considered premium accommodation.. that’s why I said 3500 is not the norm or nominal rate in sg … Most Indians working there rent house between 1800-2500 …. Well if u can afford then all good :)

    • @arohijedhe9241
      @arohijedhe9241 Рік тому

      But how can we know that cuz being a foreign everyone is going to take advantage of it

    • @KrushnaPandhare
      @KrushnaPandhare Рік тому

      Agreed... Better stay in US.

  • @iamnik17
    @iamnik17 2 роки тому

    Great inside and really helpful. Thanks.

  • @vermamach3
    @vermamach3 2 роки тому +1

    We stayed in Tampines, in a condo, rent was 2500 for a 3 bhk

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому +1

      Great it is also an hour commute from our workplaces…there are plenty places for cheap as u go further

  • @durgeshmishra5902
    @durgeshmishra5902 3 роки тому +2

    hi soumi…..great video…..jst wanted to know the house that we rent is it alwys furnished? or do we need to rent appliances and furnitures seperately?

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому +2

      Depends..there are both types available. White goods are 95% always included..furniture depends

  • @ig-whycantyoufindme
    @ig-whycantyoufindme Рік тому +1

    What can i get as a fresher Developer in Singapore?

  • @Kioeli_
    @Kioeli_ 2 роки тому

    Love this👏🏽👏🏽👏🏽👏🏽

  • @adsinha2001
    @adsinha2001 2 роки тому +7

    20% ---->>>3000SGD
    100%-----> 15000SGD/MONTH salary
    in 12 months ----> 1,80,000SGD
    INR conversion -----> 1.01 crore plus

  • @radhikakrishnan5256
    @radhikakrishnan5256 2 роки тому +2

    Hi Soumi,
    If we clear the job interview and get offered a job but in the contract role (12months) is it safe to consider. PS: I dint go through any consultancy...and have directly searched and interviewed job via LinkedIn job posting. Also they did not mention about the contract role at the beginning.

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому

      should be ok. just that there is a risk of you having to come back after the contract period

    • @radhikakrishnan5256
      @radhikakrishnan5256 2 роки тому

      @@InsiderGyaan Thanks for your swift reply :) Is it advisable to negotiate asking for a full-time or should I just consider it as a opening to step into Singapore.

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому

      @@radhikakrishnan5256 i mean that really depends on you :) although if it is contract, i am not sure they will agree to a full time at this stage

    • @SingaporeChinnodu
      @SingaporeChinnodu 2 роки тому

      @Radhika I also got some job offer for 12 months contract. What decision u took?
      Could u share some of your findings.

  • @vaibhavsachdeva2807
    @vaibhavsachdeva2807 3 роки тому +3

    Hi Soumi!! I've been watching all your YT videos for a while, they're really nice and informative! I too have a finance background and your video about investment banking was indeed interesting and relateable. Is MBA from SMU worth it if I want to make a career in IB based in Singapore? And how is overall IB industry there if I want front office role?

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому +1

      SMU is one of the top 2 here...so definitely great for MBA. IB roles are always few everywhere, but once you make it, you are handling entire south east asia from here. Definitely interesting role!

  • @gauravraawat28
    @gauravraawat28 2 роки тому +2

    Hi ..hope you are doing well
    I saw your video and it's very informative for people like us who are planning to come and explore , I just wanted to check if there is any genuine website or vendor wherein we can check for the rented accommodation..please advise what would be the best location for consideration.
    Thanks

  • @vermamach3
    @vermamach3 2 роки тому

    MRT used to cost arnd 100 from Tampines to CBP per month + other travel.

    • @fourteentalk
      @fourteentalk 2 роки тому

      It's best if you write in dollars,not rupees or you might confuse others and make them think it cost 100 dollars

  • @parthapratimghose173
    @parthapratimghose173 3 роки тому +2

    Hey Somi di how did you get your job at Singapore dis the company approach or you or you applied !

  • @hskreshu798
    @hskreshu798 2 роки тому +4

    Mam just now you told us that your monthly rent of your apartment is 3500 SGD , and one my knowing person is there , His/her salary is only 800 SGD ,
    So can you please tell me what is the exact salary of Singaporean companies giving to us and yes it's really fact the salary actually depends on our work
    So what's your work mam
    My age is 32 years so can I apply for that??

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому

      I work in management consulting. If you think you are qualified enough then yes u can apply. Age got nothing to do with it :)

  • @aishur2531
    @aishur2531 3 роки тому +1

    How to get a job while on dependent visa?can you post some tips on to this topic?

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому

      As far as I understand u can't work on dependent visa here anymore. Need an EP 🙈

  • @keshavagarwal8145
    @keshavagarwal8145 3 роки тому +1

    How do you invest your money? (Thank you for the insights).

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому +4

      I usually do SIP in mutual funds and then invest some in US and China markets

    • @keshavagarwal8145
      @keshavagarwal8145 3 роки тому

      @@InsiderGyaan You should make a video on how to invest in Chinese market and your views on China Markets. I am sure it will give a lot of insights as many of us are allien to it.

  • @anupmamishra1121
    @anupmamishra1121 3 роки тому +1

    To be honest maam I was shocked When i got to know u are married
    I thought u are single
    U look such bold woman who don't depend upon any one

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому +5

      Being married has nothing to do with depending on anyone. I am very much married and very much independent :)

    • @anupmamishra1121
      @anupmamishra1121 3 роки тому +1

      @@InsiderGyaan maam u are my inspiration I am high school student and wants to be like u

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому +2

      Thank you very kind of you :)

    • @anupmamishra1121
      @anupmamishra1121 3 роки тому +1

      😀😀

  • @gopikaravindran2988
    @gopikaravindran2988 2 роки тому

    Coming to Singapore in June end. Any good condos near queenstown?

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому +1

      Check propwrtyguru. There is tanglin residence but a ton that i may not know of

    • @gopikaravindran2988
      @gopikaravindran2988 2 роки тому

      @@InsiderGyaan Thank you very much

  • @sarveshsatpute5598
    @sarveshsatpute5598 2 роки тому +1

    What is the rent of single room in Singapore?
    Also do I need to pay deposit?

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому +1

      Depends on locality, size, view so many other things

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому +1

      Deposit yes. 2 months

    • @sarveshsatpute5598
      @sarveshsatpute5598 2 роки тому +1

      How much it would be for a normal room for a single person in Ang Mo Kio?

  • @vikramsharma5288
    @vikramsharma5288 2 роки тому

    Hi mam thanks for the info .. i m getting a job in singapore i m from india so wanted to know how mucb should be a salary for ops manager n how much it will.cost to live with 2 kids who are around 3 year

  • @energeticmind1791
    @energeticmind1791 2 роки тому +1

    What is your current CTC right now approx.

  • @harshikhadas9309
    @harshikhadas9309 Рік тому

    Hii very informative video,can you help me with your apartment name bcz i like the location and view
    It will be very helpful 😊

  • @Mad1080
    @Mad1080 2 роки тому

    How about taxes, Bank interest on savings. How to purchase a house in India earning at Singapore

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому

      The day i buy my house i wil let u know :)

  • @shivijammy
    @shivijammy 2 роки тому

    Mam, please tell me about the maternity cover. Or any health insurance that cover maternity in Singapore,

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому

      There are a lot of insurance covers to choose from. Like any country things like maternity etc might have 12 months waiting period

  • @avichand8599
    @avichand8599 2 роки тому

    Hi saumi
    I want to study there what is the procieger

  • @raygunfreefire6058
    @raygunfreefire6058 3 роки тому +1

    aapki job permanently hai kya singapore mai? yaa fir few months/years?

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому

      Permanent - few months k liye kyu hoga haha 🙈

    • @raygunfreefire6058
      @raygunfreefire6058 3 роки тому

      @@InsiderGyaan i thought consulting companies mai transfer hota rehta hoga in different countries. but theek hai :)

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому

      @@raygunfreefire6058 wo bhi hota hai. But my base location rn is Singapore :)

  • @aditigupta5907
    @aditigupta5907 2 роки тому

    Hey, can you share contact/ any kind of site where we can find help for cooking?

  • @mohitpatra7012
    @mohitpatra7012 3 роки тому

    Mam kindly share how can apply jobs in Singapore

  • @Retireonmybudgetcommunity
    @Retireonmybudgetcommunity 2 роки тому

    Great information

  • @therahul23451
    @therahul23451 2 роки тому +3

    3,500 is a lot tbh

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому

      Sure but you won't find anything good for less for the area we live in for a size of apartment here :)

    • @therahul23451
      @therahul23451 2 роки тому +4

      @@InsiderGyaan it’s also a matter of the size of the rent as a proportion of your income. It’s clear you make a wage that’s way above average (15-20K per month?) so this rent I’m sure seems reasonable to you. But for most Singaporeans and singaporean residents, the salaries are not that high, hence the comments 😉

    • @hskreshu798
      @hskreshu798 2 роки тому

      @@therahul23451 correct

  • @jasman375
    @jasman375 2 роки тому

    Hlo sister,, my brother arrived in Singapore,, he reached in his hotel,, now what he will do,, can u please help,,.. Because he has no idea.,, and m vry worried,, please anyone help,,

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому +1

      Why did you send him here without any ideas?

    • @jasman375
      @jasman375 2 роки тому

      @@InsiderGyaan wah kya blogger ho,,

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому

      @@jasman375 thank you ✌️

  • @ashishc7900
    @ashishc7900 3 роки тому +3

    2 lakh Rs on house rent u gotto be kidding me

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому +4

      It is not too high for Singapore :) purchase power parity my friend. And SG is an expensive place :(

  • @aninditadutta6814
    @aninditadutta6814 2 роки тому

    Nice one!

  • @santhosh8290
    @santhosh8290 2 роки тому

    How could I crack job in Singapore from India?

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому

      Apply, network, try moving within current company if there is office

  • @ramansingh1988
    @ramansingh1988 3 роки тому +1

    Hi Ma'am, I really like your vlogging channel and this channel. You and Sir are doing great job. Keep it up.
    (PS- I feel your channel is highly underrated but best wishes for future)

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому +1

      That means a lot Raman. Please help share with others 😁

  • @divyaalok5538
    @divyaalok5538 2 роки тому

    Awesome Inc

  • @sidhumoosewala8039
    @sidhumoosewala8039 2 роки тому

    Plzz tell me that what kind of job a 12 pass student do in Singapore and how much he/she can earn

  • @santhosh8290
    @santhosh8290 3 роки тому +1

    Where do you work ?

  • @angadlamba
    @angadlamba Рік тому

    Can you please share number of agent who can help me get a 2 BHK at riverside?

    • @InsiderGyaan
      @InsiderGyaan  Рік тому

      Check propertyguru…we never had any agent

  • @supriyasonawane6678
    @supriyasonawane6678 2 роки тому

    how much do u earn per month?

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому +1

      Enough to sustain my life and then save some :)

  • @ppradha123
    @ppradha123 2 роки тому

    What about tax deductions

  • @sidhumoosewala8039
    @sidhumoosewala8039 2 роки тому

    Nice 👍🙂🙂🙂

  • @pramodtinku7214
    @pramodtinku7214 Рік тому

    your cost of living calculations/standards are too high... it can still be brought down by $1000... I'm living here since 8 years...

  • @innovativefacultytrainingkota
    @innovativefacultytrainingkota 3 роки тому

    Well

  • @steventay5834
    @steventay5834 6 місяців тому

    $6000 is enough for a single

  • @satinthakur-sb1pu
    @satinthakur-sb1pu Рік тому

    nyc mam

  • @Quoranarration
    @Quoranarration 2 роки тому +1

    Ye hi-fi budget wala video, don't appriciate.

  • @Vino747
    @Vino747 2 роки тому

    Hello mam,
    I am searching job through Job street portal, is it possible to get job through it ( I got three years of work experience in investment banking domain) or else shall I try through student visa? Please suggest me your opinion!

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому +1

      best way to get a job is via referrals or Linkedin...

    • @Vino747
      @Vino747 2 роки тому

      @@InsiderGyaan what about study path mam?? Is it possible right?

  • @asifiqbalrs
    @asifiqbalrs 2 роки тому

    Alexandria Ocasio-Cortez

  • @joice3851
    @joice3851 2 роки тому

    So very pathetic, you need to come to Singapore to Survive. You said you come from Hydrabad, with all your education .India is not able to give you a job,I'm sure cleaning job is available Mam

    • @InsiderGyaan
      @InsiderGyaan  2 роки тому +1

      o yes, there were jobs available, but because i could get one in SG, someone in India might have been fortunate to take those up, and support their family :) May be your research skills are a bit pathetic, because I am not from Hyderabad :)

    • @joice3851
      @joice3851 2 роки тому

      @@InsiderGyaan We in Singapore survived by taking any jobs, .we are not choosy,and demanding that is how we in Singapore survived. So please .we are happy.

    • @navrosebrar1592
      @navrosebrar1592 2 роки тому

      @@InsiderGyaan can u tell me how much money does it cost u to migrate to Singapore from india

  • @ankitlakshya450
    @ankitlakshya450 3 роки тому +2

    Saw your profile on LinkedIn ...want to ask how long does it take to get a interview call from Deloitte after you get a referral ? ...I have applied to Deloitte Hyderabad

    • @InsiderGyaan
      @InsiderGyaan  3 роки тому

      I have no clue really depends on the recruiter

    • @ankitlakshya450
      @ankitlakshya450 3 роки тому

      @@InsiderGyaan I got a referral from one of the Hr this Wednesday I am out of job I am cold mailing everyone I am not getting any response so wanted to know how much time it takes