depending on life stage, if no responsibility prolly 3.5-4k.. if prep for bto/resale prolly 5k and above as we all know housing aint that much affordable as we still gotta take loan
Depending on stage of life, that is really the key, and if you stay with parents, any other liabilities, what you deemed is necessary to you personally, to qualify as comfortable. The latter determines how much you need, even for peers at the same stage of life.
CPF does take up quite abit if your basic salary not high. So people need to take this as consideration when asking for starting salary. Earn 5k mean your cash on hand is only 4K.
It depends on your lifestyle. If you want to go for a drink a couple of times a week, drive a car, eat restaurant often, go high class saloon .. 10k also not enough
When you want to have resources for ur kids. Retire your parents. Be almost debt free. Can retire early and don have to depend on kids for allowance. Travel 4 times a year. Thn above 10k will become reasonable. Its just different perspectives
family of 4 - rent 6k, school for 2 kids 6k+, groceries 2k, entertainment and clothes 2k, savings 3k = 19k, do you have any more questions? expat life is harder than Singaporean life
@@LangLang5689 I believe if you choose to rent somewhere cheaper, you could probably save another $1-2K. This is your choice to stay somewhere that is more upmarket. There are cheaper condos to rent elsewhere. Also, am not too sure what kind of entertainment and clothes that cost $2k every month which I believe you can reduce this down to $1-1.5K. There you go, you probably have extra cashflow of few thousands more every month. Even if you don’t adjust your lifestyle, having $3K of savings every month in Singapore is quite decent. That is if you use a larger portion of this money to invest in ETFs.
they say comfortable though, so its quite vague cause different people needs different standards to feel comfortable. If you grew up in landed property, eating restaurants everyday and going europe once or twice a year, you are not going to be comfortable with $5k. But if someone who grew up in a 1 room flat, eating rice sauce everyday, then $5k would be insanely comfortable
If 4-5k isn't enough for you to live comfortably, the problem definitely lies with you. 100% you made bad financial decisions most of the time, either that or we have very different definitions of "comfortably".
@@lawlacast7107 probably the latter. The definition of "Comfortable" to me is being able to afford a steady spending and sudden expenditures during emergencies. Eg: Hospitalization This is all while owning a HDB flat and paying off the loans taken while still having a net positive on CPF OA savings contributed per month.
4.5k may sound little, yet imagine low income earner able to struggle through with total net income of 3k. So this mean u need to consider about ur so call lifestyle. Anyone earning mett salary of 4.5k, with some control in expenses, u can live very comfortable.
@johnsonchong5920 well comfort is very different for different people. If someone needs to fly business and stay in landed, easily need 15 to 20k Also you used the word struggle with 3k. Who wants to live a struggling life these days? Single still OK. With children prepare to see expenses skyrocket
If you’re single but the only child of aging parents and you handle all the insurances and bills - min. 4K to 5k take home pay (and that’s only if your whole family lives super frugally and with barely any savings)
Sensible independent singles who save money and invest will probably be... Bare min - 2000 Average - 3000~4000 Just nice - 4000~5000 Comfortable - 5000~7000 I Am Comfy and Can Pamper Parents - 7000~8000 Plus Babies - 8000~10,000
this is pretty accurate tbh. Idk why some are saying $3k. If they are living comfortably with 3k even if its take home income, it probably means either they have lower standards (travel once a year, rarely take grab or eat at restaurants etc) or they have little to no savings.
This kind of question is just for content. Every one lifestyle and people they need to afford are all different. Try: Parents of two, vs another parents of two. Student vs Student. Single office worker vs Single office worker. Then u only can see the more realistic range
depends if we want to take savings into account tbh, like mentioned, if want kids, house, wedding etc, cannot wait until need already then start saving. Generally when young low salary would be comfortable, but need to account for the future, so what they mention, 3k probs quite hard
if single with two parents, how much is good? I'm asking because im currently still an undergraduate and I'm really worried about the rising cost of living.
Having no degree and only clerical/admin & customer service jobs experience, it has become too challenging to secure a proper job at 54. Some jobs are only paying $1800 onwards. Are Singapore employers being practical & realistic?
The answer are like 5k avg to spend comfortably if really factor in a healthy 15% to savings and invest 30% 9-11k Many will think of what they can spend with that amount.. without set aside invest and saving and then the reminder is disposable income.. ideally with balance left
If you are single, Dun use air con, dun have a car, eat at hawker centers not fancy restaurants, take bus and MRT, not taxis or ride hailing.. and take a holiday to a nearby JB or Bangkok.. I think $3k is enough.. put aside $200 a week for food and transport, buy a 2 room HDB as a single with your CPF..
The first lady i wonder if she is an actress. She might be in Crimewatch before, playing a victim of a fake photography session. Not long ago, she was also at esplanade doing a performance
Woah! I quit and left Sg coz the company didn’t pay me 10k even after 7yrs of association with them. Was getting 9k that time and well it was pretty much comfortable though not enough saving for future. Can’t imagine abt 3-4-5k
Single person with no dependents : 2.5K I can make do with about 2.3K but it will be really depressing, i.e. no eating outside, socializing, etc. I have survived for 3 years spending on average 25K to 28K per year.
I earn $6k, only take the mrt, and never order grab food delivery. But I do eat at restaurants and I drink a lot. I feel broke all the time and worry about inflation, and not having enough for retirement
@@justinzy5 You have enough savings for retirement? Asking genuinely, cos I wonder how others with the same level of income as me can spend so freely without the worries I have
@@spikeyholly3023 i think 6k is decent bruh. 4.8k take home pay, assuming 1k to parents for allowance and about 800 for monthly expenses, u have 3k potential savings. Or maybe because u started a bit later for retirement.. i think it's fine u will get there in the end :) but of coz not ask u to splurge every month but do treat yourself to maybe a good experience from time to time. Life is short, enjoy it while we can :)
im earning 2k plus, and i started out earning sub2k and im living la vida loca. I dont know what these ppl are spending on tbf, i'm single with no liabilities
3k (2.4k after Cpf)is enough for single. For a comfortable life or to save for future family and housing, 4-5k. For a family with kid or 2, both Husband and wife have to work combined income of 7-8k With own a car then need over 10k
I think fundamentally, it's the wrong mindset to begin with. You can't think in terms of "depending on current life stage", because the future is going to come whether you like it or not; the same responsibilities are going to enter your life. So a comfortable salary should already account for the amount you want to set aside for savings and investments so that these money have the time horizon to grow and multiply by the time you need them for e.g. wedding, house.
depends on your social circle tbh, if your friends all overachievers then obviously they gonna aim high. Plus, minimum $10k by when? fresh grad then its very hard but if like 10-15 years time, maybe not that hard already.
For singles need 6k? Come on la! If you want to factor in non essential extravagances, clubbing la shopping la restaurant la everywhere taxi/Grab la, then 10k also not enough. Lots of ppl living happily with 3k cash after CPF. Even eating out 3 times a day (hawker center) won't cost more than $50. More like $30. Still have 2k to play with. Flushed with disposable cash? Perhaps not. Comfortable? Sure. Been there done that.
For Singles, I thought 3k is vomfortable enough. I mean single Singaporeans hardly move out of parents house. If you want to chip into the house hold maybe around $400? or give that money to the parents (filial piety). Then save for the future (marriage and family). Combine income should be at least 5k? Depending on what type of house you want. And your CPF helps Alot.
Travelling and hobbies lor, if got gym membership already $100-300+ gone. Eat restaurant once/twice a week another $300 gone. Travelling one trip Europe around $7k, honestly $6-7k very easy to spend finish
Very privileged thoughts they have. $2k should be comfortable for being single, in fact it would even let you have chances to actually go for holidays once a year.
$2k enough if barely any savings. Maybe depends on how you are brought up, travelling once a year is definitely not very comfortable for me, it all depends on what you are used to. But yeah, its not surprising most singaporeans are pretty privileged
For SINGLE Singaporean, after deduction cpf, house bills, utilities bills, transport,food,etc. how much do u think ??? If got family, how much more ??? Those in that category will know. Unless you change to Ringgit loh, 3.5X. 😂🤣😂🤣😂🤣
depends if live with parents or not tbh, that one already save like $600-$1k in rent. Spending probably able to get by with $1k per month, so left $3k for leisure and savings is more than enough
depending on life stage, if no responsibility prolly 3.5-4k.. if prep for bto/resale prolly 5k and above as we all know housing aint that much affordable as we still gotta take loan
Depending on stage of life, that is really the key, and if you stay with parents, any other liabilities, what you deemed is necessary to you personally, to qualify as comfortable. The latter determines how much you need, even for peers at the same stage of life.
CPF does take up quite abit if your basic salary not high. So people need to take this as consideration when asking for starting salary. Earn 5k mean your cash on hand is only 4K.
this folks are really down to earth.. I like them. all of them.
There are people who earned less than 3k and have families and kids. Comfortably depends on what kind of life you and your partner wants it to be.
Yup
I earn between 3 to 4K. Wife also working with slightly lower pay. We have a 4 room BTO with a 2 yr old. We’re fine. No issues
What is your rent and monthly grocery and utilities bill like? Would be great help to know
They own the flat. No need to pay rent.
Generally, $3000 is sufficient if you don't drive (excludes rent)
It depends on your lifestyle. If you want to go for a drink a couple of times a week, drive a car, eat restaurant often, go high class saloon .. 10k also not enough
If single 3k - 4k, if you are settling down probably > 6k
Probably the most down to earth and pragmatic replies by them. Seen other videos that require 10, 20, 30K to live well in Singapore. Nonsense.
10k is nothing.
When you want to have resources for ur kids. Retire your parents. Be almost debt free. Can retire early and don have to depend on kids for allowance. Travel 4 times a year. Thn above 10k will become reasonable. Its just different perspectives
family of 4 - rent 6k, school for 2 kids 6k+, groceries 2k, entertainment and clothes 2k, savings 3k = 19k, do you have any more questions? expat life is harder than Singaporean life
@@LangLang5689 I believe if you choose to rent somewhere cheaper, you could probably save another $1-2K. This is your choice to stay somewhere that is more upmarket. There are cheaper condos to rent elsewhere.
Also, am not too sure what kind of entertainment and clothes that cost $2k every month which I believe you can reduce this down to $1-1.5K.
There you go, you probably have extra cashflow of few thousands more every month.
Even if you don’t adjust your lifestyle, having $3K of savings every month in Singapore is quite decent. That is if you use a larger portion of this money to invest in ETFs.
they say comfortable though, so its quite vague cause different people needs different standards to feel comfortable. If you grew up in landed property, eating restaurants everyday and going europe once or twice a year, you are not going to be comfortable with $5k. But if someone who grew up in a 1 room flat, eating rice sauce everyday, then $5k would be insanely comfortable
Honestly, even 4-5k isn't enough. 6-7k like what Brenda said
If 4-5k isn't enough for you to live comfortably, the problem definitely lies with you. 100% you made bad financial decisions most of the time, either that or we have very different definitions of "comfortably".
@@lawlacast7107 probably the latter. The definition of "Comfortable" to me is being able to afford a steady spending and sudden expenditures during emergencies. Eg: Hospitalization
This is all while owning a HDB flat and paying off the loans taken while still having a net positive on CPF OA savings contributed per month.
a couple with an average of 4-5k would be comfortable raising a child or 2
4.5k may sound little, yet imagine low income earner able to struggle through with total net income of 3k.
So this mean u need to consider about ur so call lifestyle.
Anyone earning mett salary of 4.5k, with some control in expenses, u can live very comfortable.
@johnsonchong5920 well comfort is very different for different people. If someone needs to fly business and stay in landed, easily need 15 to 20k
Also you used the word struggle with 3k. Who wants to live a struggling life these days? Single still OK. With children prepare to see expenses skyrocket
No debts etc as a single . 3k can easily survive and cover all day to day expenses, bills, prop tax , personal tax etc. But minimal indulgence
1.5k for needs and 1.5k for savings😂
@@gladiatorgamer9502 CPF where haha
the funny thing is once you're earning that money does your job allow you to actually be comfortable
I think everyone should start tracking their expenses
the salary mentioned probably exclude housing and retirement funds
If you’re single but the only child of aging parents and you handle all the insurances and bills - min. 4K to 5k take home pay (and that’s only if your whole family lives super frugally and with barely any savings)
The last girl
The last lady is so cute and funny 😂
Sensible independent singles who save money and invest will probably be...
Bare min - 2000
Average - 3000~4000
Just nice - 4000~5000
Comfortable - 5000~7000
I Am Comfy and Can Pamper Parents - 7000~8000
Plus Babies - 8000~10,000
Are these amounts in SGD or USD?
@@angelsub9184 probably sgd given this is a singorean channel and asking people working in singapore
this is pretty accurate tbh. Idk why some are saying $3k. If they are living comfortably with 3k even if its take home income, it probably means either they have lower standards (travel once a year, rarely take grab or eat at restaurants etc) or they have little to no savings.
wow the people seem so much fun :)
This kind of question is just for content. Every one lifestyle and people they need to afford are all different. Try: Parents of two, vs another parents of two. Student vs Student. Single office worker vs Single office worker. Then u only can see the more realistic range
depends if we want to take savings into account tbh, like mentioned, if want kids, house, wedding etc, cannot wait until need already then start saving. Generally when young low salary would be comfortable, but need to account for the future, so what they mention, 3k probs quite hard
gladys is so cute ❤
The last lady is funny
if single with two parents, how much is good? I'm asking because im currently still an undergraduate and I'm really worried about the rising cost of living.
3-4k before CPF is a good start imo. Once more responsibilities come into play like parents aging, further costs, probably 5k
Let all the smart local staffs disclose their personal salaries. Dare or not? 😂
Answers really depends on the lifestyle that you want to live. Good answers!
Having no degree and only clerical/admin & customer service jobs experience, it has become too challenging to secure a proper job at 54. Some jobs are only paying $1800 onwards. Are Singapore employers being practical & realistic?
Living in sg is depressing 😮..with prices going up.
The answer are like 5k avg to spend comfortably if really factor in a healthy 15% to savings and invest 30% 9-11k
Many will think of what they can spend with that amount.. without set aside invest and saving and then the reminder is disposable income.. ideally with balance left
guy name Heng Soon....just be prepared, your name been mentioned 😂😅
If you are single, Dun use air con, dun have a car, eat at hawker centers not fancy restaurants, take bus and MRT, not taxis or ride hailing.. and take a holiday to a nearby JB or Bangkok..
I think $3k is enough.. put aside $200 a week for food and transport, buy a 2 room HDB as a single with your CPF..
Ha3...5 or 6k. Now the pay of 2.4k even, comcare think it's big to help needy with 5 kids😊
The first lady i wonder if she is an actress. She might be in Crimewatch before, playing a victim of a fake photography session. Not long ago, she was also at esplanade doing a performance
How much does a fulltime tsl earn on average?
If they don't even know the take home amount for 4k, it means they are earning less than 4k
@@skiller94 Brilliant observation
@@skiller94 or much more than $4k
@@skiller94 why leh? can be they earning much more than that, that's why they surprised that 4k take home only 3.2k, they thought it would be more
Are these numbers before tax or after tax income?
Woah! I quit and left Sg coz the company didn’t pay me 10k even after 7yrs of association with them. Was getting 9k that time and well it was pretty much comfortable though not enough saving for future. Can’t imagine abt 3-4-5k
Malays live comfortably. They have Malaysia and Indonesia next door to live besides the overcrowded singapore.
If Dunnid buy car or house, and single no wedding, honestly rly Dunnid much eh , 3-4k enuf rly
Used to work at kallang, if i were to reside in sg, sgd3k does no sh!t, home rental alone sgd3k per month, btw Im from malaysia.
starting paid last time $1.8k
im sorry but im not quite falimiar, is it for a Month or a Year?
Single person with no dependents : 2.5K
I can make do with about 2.3K but it will be really depressing, i.e. no eating outside, socializing, etc.
I have survived for 3 years spending on average 25K to 28K per year.
Our "garment" needs to see this
If renting hdb today 6-7k wont be sufficient ! 10-12k needed !
A month?
I earn $6k, only take the mrt, and never order grab food delivery. But I do eat at restaurants and I drink a lot. I feel broke all the time and worry about inflation, and not having enough for retirement
6k still broke cannot be la. I around your salary still can own car.
@@justinzy5 You have enough savings for retirement? Asking genuinely, cos I wonder how others with the same level of income as me can spend so freely without the worries I have
@@spikeyholly3023 i think 6k is decent bruh. 4.8k take home pay, assuming 1k to parents for allowance and about 800 for monthly expenses, u have 3k potential savings.
Or maybe because u started a bit later for retirement.. i think it's fine u will get there in the end :) but of coz not ask u to splurge every month but do treat yourself to maybe a good experience from time to time.
Life is short, enjoy it while we can :)
Don't forget income tax. Higher the salary and bonus, the more IRAS loves you. Even with tax relief, it'll still hurt.
im earning 2k plus, and i started out earning sub2k
and im living la vida loca. I dont know what these ppl are spending on
tbf, i'm single with no liabilities
after deducting CPF at least 3.5K if single
3k (2.4k after Cpf)is enough for single.
For a comfortable life or to save for future family and housing, 4-5k.
For a family with kid or 2, both Husband and wife have to work combined income of 7-8k
With own a car then need over 10k
2k enough for me. I am single in mmc earn 8k monthly but stay with parent and the rest of money go to my investment portfolio.
I think fundamentally, it's the wrong mindset to begin with. You can't think in terms of "depending on current life stage", because the future is going to come whether you like it or not; the same responsibilities are going to enter your life. So a comfortable salary should already account for the amount you want to set aside for savings and investments so that these money have the time horizon to grow and multiply by the time you need them for e.g. wedding, house.
Renae
I’m making more than that for now. But I’m considered poor where I live.
2nd lady, problem is thinking that car is a necessity.
Depends on your definition of comfortable lah.
As a single about $25kpm . As a provider, about $50kpm
It's weird cause everyone around me in the 20s are aiming for minimum $10k. Anything lesser seems miserable actually
maybe cos they havnt go int the job mkt yet. so high expectations. when they enter, they will hv no choice but to accept below than that
depends on your social circle tbh, if your friends all overachievers then obviously they gonna aim high. Plus, minimum $10k by when? fresh grad then its very hard but if like 10-15 years time, maybe not that hard already.
Me with $170/month 🥲, Im glad im still breathing rn
Quite a lot if you convert it to PHP.
I can live with just 1k include eat , phone bill and transport. Single. Dont drink dont smoke
You should ask the ministers are they comfortable with their pay check??
Love how they answer it. My Singaporean friend earns around 4000-5000 and still lives comfortably in his parents's house haha
Does the employee earn very little there?
For singles need 6k? Come on la! If you want to factor in non essential extravagances, clubbing la shopping la restaurant la everywhere taxi/Grab la, then 10k also not enough. Lots of ppl living happily with 3k cash after CPF. Even eating out 3 times a day (hawker center) won't cost more than $50. More like $30. Still have 2k to play with. Flushed with disposable cash? Perhaps not. Comfortable? Sure. Been there done that.
Meanwhile me in indonesia $400 ahaaahaaaaaaaaa
what job is that paid too low?
These youngsters all talk co rk. 5 to 6k where got enough. Why don't you guys say minimum need 10k to live comfortably in SG?
I'm single and don't earn that high and spent that much. Go for sales.
U need to work harder, Heng Soon😅
For Singles, I thought 3k is vomfortable enough. I mean single Singaporeans hardly move out of parents house. If you want to chip into the house hold maybe around $400? or give that money to the parents (filial piety). Then save for the future (marriage and family). Combine income should be at least 5k? Depending on what type of house you want. And your CPF helps Alot.
What can you deliver for the company for a $6k job?
just talk and don't do.. my previous company there are those who earned that range but talk only lor. very good at talking
Angmoh
Why wasn’t sew interviewed 😂
Lifestyle and single/family affects your judgment in determining how much you should earn currently.
Live comfortably at 6,7, 8k? It is need or want. Nuts. When you have no work life balance and are full of stress, is it still comfortable?
6-7k for singles? what do yall splurge on…? travelling?
Travelling, grab, eat nice food, save for resale flat. About there.
Unnecessary stuff due to their hopelessly lack of self control lol
wooo someone is jealous... our money not yours@@XxCrazyCrazy
Travelling and hobbies lor, if got gym membership already $100-300+ gone. Eat restaurant once/twice a week another $300 gone. Travelling one trip Europe around $7k, honestly $6-7k very easy to spend finish
If you have a family and a car, $10000-$15000
Very privileged thoughts they have. $2k should be comfortable for being single, in fact it would even let you have chances to actually go for holidays once a year.
$2k enough if barely any savings. Maybe depends on how you are brought up, travelling once a year is definitely not very comfortable for me, it all depends on what you are used to. But yeah, its not surprising most singaporeans are pretty privileged
Btw what job are you guys are in?
6500 SGD single foreigner. I feel poor.
Rent is 1000 for one room. And 5500 is not enough for the future
most people on here probably stay with their parents and no pay rent tbh
Is it true ?
You qualify for social welfare if you earn below S$3,000, family income.
Still stay with parents, i spend less than $700 per month and $500 to my mom.
Only one guy was sensible enuf to say save up more
Thank you to the guy who said per month! I didn't know if this was week, month or year
Judging from the recent Glassdoor reviews, seems like this video is a cry for help in disguise.
i think u can tell their salaries from what they say, pretty low...
Didn’t continue schooling after secondary school so max I can earn a month is 2k I guess I’m doomed. Unless my nail business works out
For SINGLE Singaporean, after deduction cpf, house bills, utilities bills, transport,food,etc. how much do u think ???
If got family, how much more ???
Those in that category will know.
Unless you change to Ringgit loh, 3.5X. 😂🤣😂🤣😂🤣
To me 10k and above
Dude mine is 2.6k before CPF and I still hàve rent 800, and these guys telling me my pay is not survivable?
survivable, but this clip is about comfortable. Most people aren't comfortable just surviving
3or 4K , cannot afford to buy resale Million Dollar HDB flat.
no amount of salary is enough when you rake in those loans/debts. lol.
5k will still struggle as a single person. There will be hardly any savings left. Upwards of 6k will allow room for breathing.
Let's see., take home pay of 4k monthly. In comparison to the extra 800 for 6k (4.8k). 800 not a lot leh lol. 16% of 5k
depends if live with parents or not tbh, that one already save like $600-$1k in rent. Spending probably able to get by with $1k per month, so left $3k for leisure and savings is more than enough
Single $3K.. have family minimum $6K
my rent is 2k alone -_-
Somehow now can guess what their salary range is like
I a Wanna 10k😅 for my food 😂
Delulu is Solulu
6-7k very good d
Err like that I am poor. I bring home less than 2k. What am I doing with my life 😢
Wow! There must be lots of uncomfortable people in S'pore.