High income doesn't always mean financial freedom.
80% of high-income Singaporeans expect to work beyond retirement.
48% say it's because they still need the income.
The question isn't whether people will work longer.
It's whether they can choose not to.
The cheapest of these three cities to buy a home in is the most expensive to own.
Same house. Singapore, Hong Kong, New York.
I ran the exact numbers from stamp duty, agent commission to property tax. The fees nobody totals up and the gap is not small. https://t.co/0bmbpIwdSs
Personal finance and fitness normally fail for the same reason: bad visibility.
You underestimate how much you eat and overestimate how much you burn.
You underestimate how much you spend and overestimate the stability/certainty of your income.
For both, you can’t manage what you can’t see clearly.