Live within one's means
Tue, May 26, 2009
The Straits Times
MANY Singaporeans are still clinging on to a lifestyle of excesses, incurring debts they could have avoided, said an MP in Parliament on Tuesday.
Urging them to be prudent and to steer clear of excesses in these trying times, Mr Wee Siew Kim, MP for Ang Mo Kio GRC, said Singaporeans caught in financial bind must make the hard adjustments - a point which was raised in President SR Nathan's address at the opening of the second session of Parliament last week.
In his speech during the debate on the President's address, Mr Wee said on Tuesday that while the financial freefall seems to be over, the economy may drag at the bottom for some time.
Between earning S$700 a month and S$11,000 of monthly allowance for an MP, I am pretty sure most Singaporean will be able to live prudently if he/she is earning S$11,000.
Tell that to someone earning S$700 a month.
Tue, May 26, 2009
The Straits Times
MANY Singaporeans are still clinging on to a lifestyle of excesses, incurring debts they could have avoided, said an MP in Parliament on Tuesday.
Urging them to be prudent and to steer clear of excesses in these trying times, Mr Wee Siew Kim, MP for Ang Mo Kio GRC, said Singaporeans caught in financial bind must make the hard adjustments - a point which was raised in President SR Nathan's address at the opening of the second session of Parliament last week.
In his speech during the debate on the President's address, Mr Wee said on Tuesday that while the financial freefall seems to be over, the economy may drag at the bottom for some time.
Between earning S$700 a month and S$11,000 of monthly allowance for an MP, I am pretty sure most Singaporean will be able to live prudently if he/she is earning S$11,000.
Tell that to someone earning S$700 a month.