[Singapore] - Millennials complain it's too difficult to save money on an average paycheck in Singapore

[UltimaOnline]

I dislike millennial stereotypes very much, but I’m rather guilty of indulging in the “little things” that people my age are known to love.

Bubble tea, Starbucks, Grabbing everywhere, online shopping, our daily lives have become a part of these activities...

https://mothership.sg/2019/12/presidents-challenge-spending-money/

 

[tanwahtiu]

They still looking for pocket monies from the baby boomers old man...

 

[sweetiepie]

KNN siao ah drink star buck coffee KNN got money also not to spend this way KNN

 

[laksaboy]

The profit margin on those bubble tea beverages is insane. I think some youths drink them everyday.

Back in the day, I only drank Yakult or Ribena everyday.

 

[nayr69sg]

I dislike millennial stereotypes very much, but I’m rather guilty of indulging in the “little things” that people my age are known to love.

Bubble tea, Starbucks, Grabbing everywhere, online shopping, our daily lives have become a part of these activities...

https://mothership.sg/2019/12/presidents-challenge-spending-money/

So this person just admitted he or she is a hypocrite who hates himself

 

[bushtucker]

in the next 10 years, millennials complain that their paycheck isn't enough to pay for their diabetes treatment.

 

[Bad New Brown]

KNN siao ah drink star buck coffee KNN got money also not to spend this way KNN

$7 for a small latte

 

[A Singaporean]

This is because foreigners create good jobs for Sinkies.

 

[Bad New Brown]

This is because foreigners create good jobs for Sinkies.

I concur

 

[batman1]

Average pay cheque NOT enough in Sinkeeland.
THAT is WHY a PAP Minister need at least $100,000 .00+++ pm to enjoy a decent living.

 

[no_faith]

Rly? Bubble tea starbucks cafe restaurant still facing quene
Many dont even need a car but struggle to feed a car
Hard to save or anyhow spend?

 

[bushtucker]

Rly? Bubble tea starbucks cafe restaurant still facing quene
Many dont even need a car but struggle to feed a car
Hard to save or anyhow spend?

the car loan regulations and approvals are too lax and lenient now. only need 10% downpayment and can loan up to 7 years. these youngsters really digging their own grave should they lose their jobs.

 

[Bad New Brown]

Rly? Bubble tea starbucks cafe restaurant still facing quene
Many dont even need a car but struggle to feed a car
Hard to save or anyhow spend?

Every year these people also need to go on expensive vacation too travelling to Europe, Japan, South Korea or even Taiwan is not cheap at all

 

[laksaboy]

Every year these people also need to go on expensive vacation too travelling to Europe, Japan, South Korea or even Taiwan is not cheap at all

Every year? Try every quarter. Many photo opportunities for Instagram.

 

[Bad New Brown]

Every year? Try every quarter. Many photo opportunities for Instagram.

Haha

Invest large amount of $$ on memories

 

[no_faith]

Haha

Invest large amount of $$ on memories

Or boasting rights
Some might say to share the happiness of their holidays to frenz
Funny thing their frenz not even with them and only can see photo
How is this call a sharing

 

[Bad New Brown]

Or boasting rights
Some might say to share the happiness of their holidays to frenz
Funny thing their frenz not even with them and only can see photo
How is this call a sharing

Ya they liked to put into their Facebook or Wechat Moment

 

[rushifa666]

This generation of fools right out of school already owe money. Hdb flat now must 2 morons take loan not just one, yet they are partying, buying car travelling all sorts of shit. Need higher hdb now. More supermans in the future not less

 

[Hypocrite-The]

I would like to add. I know of many who earn more than me bcos they more hardworking than me but have higher debts than me bcos they spend more. I do admit I need to spend on the little things in life like bubble tea, clubbing etc. But this is done once in a blue moon. I try to stretch the dollar like buy when have discounts etc. I try not to pay retail for anything. There are many occasions I buy junk. But I still happy bcos it's a form of de-stress. Work so hard dont enjoy will go bonkers n even cost more in the long term. The difference with the millennial are they want instant gratification straight away. Imagine a 5 buck coffee every day is way too much. And wat about big ticket items like cars? Now with grab etc, public tpt is more convenient, why need car n feed the pap even more?

 

[JustLikeThis]

Millennials don't like to work OT, don't work on saturday and wants work-life balance, of course hard to save money.