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https://m.facebook.com/story.php?story_fbid=10152684710137934&id=93889432933 Households earning more in 2014: SingStat By Alice Chia POSTED: 16 Feb 2015 14:05 File photo of the Singapore skyline. (Photo: Sutrisno Foo) AA+ SINGAPORE: Households are earning more in 2014 compared to the previous year, according to the latest report by the Singapore Department of Statistics (SingStat) on "Key Household Income Trends, 2014". Median monthly household income among resident employed households - a household headed by a Singapore citizen or Permanent Resident and with at least one working person - from work rose from S$7,870 in 2013 to S$8,290 in 2014. This is a 5.3 per cent increase in nominal terms, or a 4.1 per cent increase in real terms, after taking inflation into account. Median monthly income from each member of the household also rose from S$2,247 in 2013 to S$2,380 in 2014. This is an increase of 5.9 per cent in nominal terms, or 4.7 per cent in real terms. Overall, resident households received S$3,370 per household member on average from various Government schemes in 2014. This is 25 per cent higher than the average amount of S$2,700 received five years ago, in 2009. However, this was lower than the average of S$3,650 received in 2013, owing to a lower level of one-off transfers in 2014, said SingStat. Government structural transfers - transfers excluding one-off payments, rose in 2014 compared to 2013. - CNA/av

Was wondering what is the general concensus out there. Just hired a guy yesterday, early 30s, stays in a HDB, one kid, wife still works, but I guess he still has a smallish loan outstanding on his HDB. He commented he will be going to the BMW or Mercedes showroom....would you do the same?

Will you wait for your 2nd hand car that fits your bill in terms of selling price, monthly instalment and remaining profits to zhg/service the car or desperately make a downpayment on a car which is slightly above your budget?

http://www.asiaone.com/Motoring/News/Story...407-208996.html

there is a current discussion of What car would you buy if you earned 8k a month? but i would like to tweak it to how much would you loan for a car give the same example of a family man, early 30s, stays in a HDB, one kid, wife still works, but I guess he still has a smallish loan outstanding on his HDB. please share your input.

Jan 22, 2008 Govt earned $990m extra from GST hike By Lynn Lee THE Government earned an extra $990 million last year from the two-percentage point hike in Goods and Services tax. The bulk, $540 million, came from local consumer spending, while the remainder was from foreigners. A large portion of the collection went back to Singaporeans. They received a total of $630 million in cash, to offset the GST increase to 7 per cent in July 2007. With other measures like utility rebates, to help people adjust to paying more GST, the Government will spend $1.17 billion by the end of fiscal year 2007 on Mar 31 this year. Read the full story in Wednesday's edition of The Straits Times. This means for 1 year the 2% can generate around $2 Billion. I thought they basic reason for the hike is to help the poor ? And don't you think $2 Billion a year to help the poor is way too much ? Who needs charity anymore if indeed every cent is spent on the poor and needy.