we are a family of 4, has been tracking our expenses since after Uni (not including mortgages here): Single, 1 person: 1.2k Married, no kid: 2.8k Married, 1 kid: 3.4k (kid not going to school yet) Married, 1 kid: 4k (kid going to school) Married, 2 kid: 4.8k (going to school kid also going for extra activities) Married, 2 kid: 5.5k (both kid now going to school) We have no cars, but the frequency of taking taxis increase with more kids… Generally with kids, you are willing to pay more for convenience.

@ahchoon9067

Жыл бұрын

think your expenses include alcohol and cigarette.

@GhibOjisan

Жыл бұрын

I guess having kids will skyrocket our expenses😂🚀!

@jeffreyng9217

Жыл бұрын

@@ahchoon9067 not tat much tbh, if u divide by 4, roughly 1.5 k pp. kid food, diaper, milk do add up and u spend more for convenience

@jeffreyng9217

Жыл бұрын

@@GhibOjisan it does, saved a trunk if wife can breastfeed though. But u wont think twice to splurge on convenience like delivery, taxi, enrichment classes (if u have the mean to do so)

@nuggetsss2526

Жыл бұрын

No kids cheaper

I think if you don't: 1. drink cocktails at bars, 2. eat at expensive (and mostly mediocre) restaurants 3. buy and drive a car 4. live in a condo with high maintenance fees -- you should be ok living in Singapore. I have lived in at least 6 other cities around the world (disclaimer : I live in a HDB that I bought) and find that my cost of living is actually much lower here because I don't give in to stupid things like showing off with a BMW.

@Bombasticbabygirl

Жыл бұрын

Quite sad like that. Eating at restaurants is yummy!

@AmbientWalking

Жыл бұрын

@@Bombasticbabygirl I said... EXPENSIVE restaurants... not all restaurants.

@jeems2066

Жыл бұрын

@@Bombasticbabygirl The thing about Singapore is that you can get food at all price ranges and the lowest is probably SGD 2-2.50. And they can be pretty good quality.

@leewn2319

Жыл бұрын

For average Sg living in HDB, eat at restaurants only once a month or two and only on special occasions, take public transport MRT / Bus go tour once a year, it’s pretty affordable cost of living here.

@nur_aryani

Жыл бұрын

Malay Muslim here… Single parent with two grown up kids… Fully paid up flat (just 3room)… Groceries & food > all depends on preference and where you shop. My groceries & food expenses do hit $800 a month for 3 persons…but if I keep away from taxis & Grab/Tada rides, my transport would be less than $100 (I’m still on hybrid mode of work).

It’s really interesting since I can say majority of the Japanese people moving to Singapore will say “woah it’s so expensive in SG” - but it really comes down to your priorities in life I suppose. Thanks for being transparent Ghib!

@GhibOjisan

Жыл бұрын

I know right! I kinda wanted to bust this myth.

@aconitine182

Жыл бұрын

Those expats stick to only the products that they know, and buy it from Meidiya and stuff, so it would be expensive of course!

@NANICU

Жыл бұрын

Most expats do not have the choice of paying $1k to live in a 1,000 sq ft apartment. Add in the rental cost of an apartment and the monthly expenditure easily balloons to $4k or more. So, it really is expensive for expats.

@1changi

Жыл бұрын

@@GhibOjisan Good that you do not smoke. (I am assuming). Next, if you gamble, that is going to burn a hole in your pocket.

@silverchairsg

Жыл бұрын

Maybe because they stay in condos, shop at atas places and eat at expensive resturants.

Ghib's face at 6:40 after the wife sarcastically tells him to not drink at all 😂

@kwekkelvin

Жыл бұрын

🤣

Agree. Singapore is pretty affordable if you can choose a lifestyle that is within your means. Single 30+ Monthly spending about 1400 Parent allowance: 400 Transport: 50 (since WFH, and only heads out about 2 or 3 times a week) Food: 500 (Dining out with family / colleague/Homecook food) Snack: 100 (Usually spurge in NTUC/Donki on fruits and snacks) Hobbies: 200 Phone/House wifi: 70 Planning to get my own hdb once 35, so that will add on ard 1500 monthly. would probably fork out half in cash, and half in cpf. Overall Singapore is pretty affordable for an averge person with 3-4k salary, definitely will be able to save, until one decided to have kids / car / condo, in which will require additional planning since kids definitely takes up alot of the spending proportion of the salary.

Same, I also work 5 days a week and watch KZread and Netflix on rest day. Single with no friend, take MRT so manage to save more than $50,000 per year. Spend less than $1K on myself and its more than enough for me to be happy.

Live within your mean and you are a happy man. Don’t stress yourself too much on expenses.

really love how transparent you are. Glad that you're sharing. I think I should lower my own expenses on utilities too. haha.

The cheapest option might be to adopt cooking as one of your recreation. And watch KZread for new recipes. Cooking your own meal is going to make even hawker food looks expensive. Then learning DIY repair as recreation, changing plumbing fittings like valves and taps, fixing door locks, flush bolts and changing the LED light fittings. Drilling concrete and mounting fixtures that's expensive to hire people to do than spending on a set of tools. Practicing a musical instrument is not going to spend on electricity bill. The most literal "grinding" past time where you can spend little into and occupy very little space might be to get a shodo set and practice calligraphy.

This was really interesting & informative to watch! I LOL-ed when the clip of your MIL cha-cha-cha-ing popped up, she's so cute 😂

Thanks for breaking down! I feel that there's a need to include insurance premiums that you are paying too into your monthly expenditure for a more holistic view of your expenses!! If you are paying annually, it'll be nice to divide the amount by 12 and include that in your monthly expenditure too!

I discovered this channel when I was preparing to move to Singapore for my job assignment. You are correct, Singapore can be pretty affordable depending on your lifestyle. I find that even if I do occasionally eat out with my colleagues, I still have some money to spare for recreation, etc. Thank you for being transparent, Ghib! Your channel is really helpful for someone like me who is really new to living in this island :D

Cute video, Ghib. Especially enjoy your banter with "wifey" and your MIL is hilarious, as always, what a sport she is. 😄

Can start a series how much Singaporeans spend - atas life style, elderly/retiree lifestyle, foreigner lifestyle

Thanks for sharing, as these are quite personal information. I notice that insurance is not included, in my personal expenses, insurance does take up quite a bit for a proper coverage.

Uncle Jimmy must be sad after hearing you say "I do not have friends". Not once, but twice 🤣

Yes, DBS apps is easy to use and very convenient.

The way Ghib said walking at 8:33 had me in tears... sounds so Singaporean and also yes, my favorite hobby also.

@winters4960

Жыл бұрын

Ghib spit a lot of dad joke, and no one noticed it until someone pointed i in the comment

Thanks! Well done Ghib 👍 God bless you and your family! 🙏

@GhibOjisan

Жыл бұрын

Thanks AI! Bless you and your family too

I think you can consider borrowing books from the library. Our SG library has an amazing and up to date collection. It is free and there is less wastage, since we read most books only once!

@bravesonny5234

Жыл бұрын

Free air-con, WIFI and electricity too!

@yapkwangtan5062

Жыл бұрын

NLB digital has many ebooks, newspapers and magazines ..Free to read and borrow.

Ghib San - Interesting to know your take on books. I have the same opinion. That is one aspect I miss in Singapore compared to Japan. Singapore has a great library system, no doubt. But I miss the constant flow of newly written "convenient to hand-hold" books about various topics that I can freely walk in and buy in many many bookstores in nearby Japanese railway stations, shopping malls and of course big bookstores like Maruzen and Kinokuniya. Would be nice if you can post a monthly or quarterly update on the books your read. Also I liked your selection of books for this month. Thanks !

@GhibOjisan

Жыл бұрын

I agree! Probably due to Japanese liking analog things (like CDs and paper books)😁

@pyl4472

Жыл бұрын

❤Singapore has a great and free library! Great for both physical and ebooks!

@eliseww13

Жыл бұрын

+1 !!

You totally nailed it on the high end to low end. Singapore can be very affordable if you don't have atas expenses.

@davidtan9101

Жыл бұрын

If u choose to live in Punggol then affordable, same as someone who choose to stay in Fukushima in Japan. If u choose to live in orchard/Sentosa then is the same as someone who choose to stay in Tokyo.

My family of 8 persons (3 generations in executive apartment) has utilities bill of average $450 monthly. You didn't count monthly HDB conservancy charge which is $95 for my flat type and should be $63.50 for 4 room flat. I work in the city centre so spend more on lunch and dinner (overtime) so about $20 a day on meals on weekdays. About once or twice a month I have meals at restaurant and it's about $120 per meal (2 pax) though occasionally it can go up to $200 per meal (for 2 pax). Take public transport (save $$). Spent thousands on travel once a year pre-covid. About $3,000 to $4,000 monthly expenses for myself as a single which comprise of $1k fixed expenses, $1k to $2k other expenses and $1k allowance to both my parents.

@GhibOjisan

Жыл бұрын

Thanks for sharing!

honestly i think it just depends on how u live your life. normally its not rlly that expensive to live in sg tho

When you buy books, you have to find storage space unless you sell them after reading. A better way is to borrow books from the nearby National Library branch. If you cannot find the book you want, you can make a recommendation to the NLB and they may consider buying them so that you can borrow to read it. You can make reservation for the book and can borrow it for 6 weeks (including renewal). You can borrow up to a maximum of 16 books per time. So, that would be more than enough to feed your mind. In this way, you can save some money.

@anitacher2412

Жыл бұрын

Better still, borrow electronic books (Ebooks) from the National Library if you can. Go paperless!

@mayellow3

Жыл бұрын

Of all my life borrowing books from library (more than 10 years), I can count with my fingers the time I couldn’t find it. Either e-books or physical books. You can also reserve the book for $1.5 and then the books will be delivered to your preferred library and you can pick it up. Singapore Library is the best. I saved thousands of dollars for the last decade just borrowing books. :)

@orange9784

Жыл бұрын

Individual liking . Some prefer to own the book . I myself prefer to own the book then borrow from the library . Ever since 2020 , I have not borrow book from Library . Before the pandemic I used to borrow books from the library and visit the library . Enjoyed the air con and reading there . Love spending time at the library back then. Missed those preconvid days .

@henrylee1269

Жыл бұрын

Never know the places library books have gone to though hahaha

@chinchowpowpook

Жыл бұрын

Change hobby, stop reading

I Ghib San, I live in a four room HDB. 5 people in total Myself (father) Wife 2 sons Helper My fixed expense per month is around 4k - 5K SGD

im singaporean and its not that expensive as long as you know how you spend your money

sg is surprisingly affordable if you live simply, without vices. My food budget for a day is $10, transpo a month is $100. I'm planning to downgrade my phone bill to $18 a month instead of $52.

@nuggetsss2526

Жыл бұрын

I give myself a budget of 400 for food

@hipposamadesu

Жыл бұрын

My monthly phone bill only $13+ with Zero1 unlimited plan 😁 I have been using it for over 2 years saving me the cost of internet subscription too since my data is literally unlimited. I use WhatsApp instead of normal phone call, thus further avoid unnecessary cost. WhatsApp is literally the de facto messenger app in Singapore 😁

@ralphou

Жыл бұрын

how to find S$18? just the card only?

@ralphou

Жыл бұрын

yes@@orange9784 , it is so true, try to avoid foodcourt! and not even tasty....i will alwys go to market or food centre/hawker type

@towfusan

Жыл бұрын

​@@ralphou Some telco have offer. For example SIM only, they have about 20gb data plan plus free caller ID, for around $19. Sometimes telco pop ups offer incentive for you to switch to SIM only, I did that and only paid $15 for like one year

Thanks to my job providing meals during working hrs and free transport working night shifts. Estimated savings of $300 SGD. Individual expenses add up to about $650. Things that i decided that were not necessary : owning a car, air con, no private transport unless when I'm rarely late for work, movies (using netflix as alternative), restaurant dining (only special occasion), no food deliveries (they cost on average 30% more)

@paperknit

Жыл бұрын

I can do away with all these except air con. I need my air con 😅

@nightingle86

Жыл бұрын

@@paperknit haha ya no air con abit extreme but my workplace super cold. Don't want to be blowing air con 24/7 365 days😅

@maypong2007

4 күн бұрын

@@paperknit air con, you on dehumidifier mode, this will save some money. If still not cool enough, on fan at the same time.

@paperknit

3 күн бұрын

@@maypong2007 Yeah I do that. Sometimes it gets super cold on dehumidifier mode too

Always live within your means...reward yourself occasionally to atas places if you have spare cash that month & you be OK!

Nice video, thanks for sharing! I notice there isn’t insurance premiums, do you spend on that?

I live in Sydney and travelled to SIN 2 months ago, gosh! Everything except public transportation fare was so pricy.

as im still living with my parents, most of the bills are shared. so like, personal insurance, monthly phone/electricity/wifi bill, including monthly medisave contribution (cuz im self-employed), it totals up to 500/m as for leisure spending, food and transportation, its around less than 800/m. i keep a budgeting app so my expenses will not exceed every month regardless of how much i earn. but i do foresee my set expenses per month to go higher once i move out on my own

@FAP1245

Жыл бұрын

Truth is hard to find in a pandemic era. Keep it up n remain sane, honest and sensible plus sensitivity. Ya BMW is just a show off of the inadequates n near zero self respect n confidence scums. If u have the quality, u need no showoff like what an intending bank borrower said he needs a Benz not BMW to drive to the bank visibly to fool the bank manager for near zero query on his credibility n capability. Honesty and humility r fast fading from the human world esp in world politics with greed hanging all over their self centreness. So keep up with your frankness n honest self n avoid being taken in by big talks. Trump n many unexposed fakes r still immersed in their big talks n cons while believing they r the clever ones while the rest r nincompoops.😢😮😂

I like that comment about books. The impact it has on your life, your way of thinking, can totally transform you.

like that burton cap sir! 🙏

Very good video. Well done. Keep up the good work, Ghib Ojisan. Fm Aunty Flor.

@GhibOjisan

Жыл бұрын

Thanks Florence. Really appreciate it. Stay safe and healthy!

@florenceleow7493

Жыл бұрын

@@GhibOjisan✳️ You are welcome, Ghib Ojisan:)

"Thank you mum" Cha cha cha! 🤣🤣🤣🤣

Things like public swimming pools (its only $10 for a full month pass! and i think you can use it to share with your family ) and jogging/cycling on the park connectors is really cheap to stay fit. Unless you really want those atas gyms, i think the activesg ones are good enough

Thanks for creating all these videos! And drinking is our leisure activity! Don’t take it away! That’s what I tell my wife.. hahahaha

@GhibOjisan

Жыл бұрын

Thanks Jeff, appreciate it. Really agree on the drinking park, haha. Cheers!

@Ghib You should look into getting an NLB account. Unless you are very particular about reading new books, its a real deal. Its even free for SG citizens!

@HappyNotes

Жыл бұрын

It's good to get a kobo that you can link to your NLB account

I buy groceries from my neighborhood Sheng Siong supermarket. I buy cheap $1 toothpaste, $1 detergent, $5.90 instant coffee from Dollar Value store at Toa Payoh opposite the NTUC FP. I remember getting their occasionally hot sale like their 50 cents jam.

It's an individual choice based on one expectation & $. In SG u can found high priced Michelin to mid range $20 & above to common low priced descent food. Same as housings, transport & lifestyle. It's yr choice. Same as Paris where cafe dining can cost anything fr S$40 & above to S$800 for a Michelin meals or a S$12 sandwiches in supermkt 🤭

Hi Ghib may i know what kind of application you used to manage your monthly expenses?

Interesting vedio.. I am working in SG and holding SP. my daughter is studying in high school and she has became a PR. When she was a foreign student, per month I paid fee to school $1650 per month, still pay housing, food, transportation etc..our overall living cost for month is at least up to $5000-6000. Tour cost is not included.

Agree, we monthly home loan is ~3200SGD, except that my wife and I only spend around 1600-1900SGD per month, very reasonable cost.

Your expenditure is very close to mine. Its funny how some people view condo, car and maid as necessities then cry that their salary is insufficient. These are luxuries, not needs for survival.

Cheapest way? You don't drink at all. Cannot do any rebuttal because it's the wifey saying lol! Singapore is not expensive, it's expensive when you choose to opt for expensive things instead of alternatives. Great video to debunk about cost of living in Singapore. It depends on your income and your priorities at the end of the day.

OMG, its amazing your electricity and water bill so low. Ours is like 200-300 every month even though we are only 2 persons also. Our food bill is also quite high as we don't cook at home at all now. Every meal cost around $25-40. I don't know much about other things like housing in Japan, but regarding food, I felt like Japan is cheaper and got more variety of food. Last time we went to Okinawa, dinner at restaurant cost only ¥1500 for 2 persons. And food was delicious and ample amount. Equivalent food at a SG restaurant would cost at least double or more. Another thing I like about Japan is their 7-11 stores have full lunch sets of sushi which are more delicious, more filling and also cheaper than SG. Here 7-11s don't have full meal sets. And bakeries and confectioneries in Japan are superb.

Hi Ghib, wah everymonth my 4d cost around 2k maybe 🤣,,, maybe even more,, i never calculate how much i buy from isetan or donki or cold storage, but i m sure its more than 1k i think,, alot of expenses la Ghib hehe,, but i alrdy save money from travelling becoz of covid,, i cook at home too seldom eat out,, sometimes order mac d too lah,, Huat Ah ,, till d next vlog Ghib, 👍😬✋, oh yah i used to buy bags cloths, but not anymore,,the private hospital , clinic is expensive in singapore,, ! 🥲

It's all about living within your mean and be happy about it, nice.

May I know where did you bought that sleeping Neko plushy @ 0:20?

To foreigners or even local,,living is SG is cheapest and safest in the world..(UNSAFE but cheap is not an option) U can live here super comfy if u can do this points: 1- no alcohol intakes( free or treat by others go ahead) 2-no smoking 3-delete all Instagram apps, u only pressure yourself spending $$$ to follow or when see other posting eating in luxury restaurants or show off high end clothing ..don’t be silly living a fake luxury life for others,,others wouldn’t be there when u in your death bed. 4-don’t enter orchard zone, nothing there except higher spending on non essential items. 5-mrt or bus mode, don’t buy or rent car, don’t grab 6-restrict to hawker or kopitiam, don’t be picky, train your taste bud , no Starbucks no high end restaurants unless is a treat by others ..don’t fool own self for a reason that is special occasion..as the next day u feel pain but nobody know. 7- don’t anyhow travel by air ...just take bus go Malaysia, kampung style, no Kl or jb, gear back your humble mindset. 8-delete those shopping apps..useless unless is super deal 9-everything buy small, wardrobe just have 2 door..u forced NOT to anyhow buy clothing..no matter how Gucci or Prada, u got horse face always a horse face. 10- take up sport or leisure course on weekends so u wouldn’t have free time to hangout with so so friends going bars ,restaurants..spending unnecessary $$ eat 2 star Michelin, u don’t Shiit out Michelin gold poops.. 11- if u cannot achieved 6 out of above 10 points, packed up return where your are. The locals can seek counseling, to cure your spending mindset..

I hope you have insurance, especially since you are self-employed. Nowadays, many companies don't cover medical expenses of family members of employees. And also, once you have a child, your expenses will increase by a lot. From diapers to formula milk, childcare/kindergarten to enrichment class... Of course, enrichment class is not a necessity. Even if really need, there are cheaper options. but these expenses add up really quickly. But the joy kids bring is priceless.

来月からシンガポールに駐在します！ いつもジブさんの投稿みて勉強してます😊これからも投稿楽しみにしています！

I spent at least $2.5k a month, sometimes more like $3.8k. Food and drinks: $1.5k. I order a lot of deliveries for the whole family. I also buy a snack for my sister everyday, be it croissant, Kimbap, onigiri, Sando, churros, pancakes, Starbucks, bubble tea, donut, popiah, takoyaki, hotdog. I work in CBD so my meal is expensive. Skincare, cosmetics: $400 Clothes: $150 from uniqlo, H&M Entertainment: $150, watch 1 movie every week, with my mom or dad so I pay for them. Phone: $50 Public transport: $100 (work in office everyday). Exercise: $80 for Zumba course Groceries: $32 mostly feminine hygiene. Taxi: $30 for a trip that I was running late Education: $20 for books Gifts: $5 to buy my sister some stickers. Parents allowance: $1200-2000. I think singapore is definitely expensive if you want to have a good life.

You wife is truly Singapore bred👍Pragmatic!

I think the takeaway is that everyone has their own lifestyles, their own circumstances, etc etc. Some have to pay more not by choice. Others HAVE that choice to splurge. Some are by nature frugal even though they CAN splurge. Plus, being single or in a relationship/being married (having kids is another thing entirely) can drastically affect the choices that you have. For housing, if you're single but below 35yrs old, you won't even have the option of having a HDB. And it's not just about money either. Sometimes time is an issue. Sometimes, it's other personal issues. It's good that some of us can live an affordable life, but let's be careful to not judge others when they can't keep their costs just as low. 🙏🏼

Probably good idea to add in a couple hundred bucks for insurance to be complete, but otherwise it's really up to individual choices like you mentioned.

as a singaporean working and living in japan i do agree the cost of living really depends on your lifestyle but i do feel like it is just ever so slightly cheaper living in tokyo compared to japan (maybe that is just me).

hey, didn’t you forget to include insurances? Especially health insurance as a foreigner? Or even just a liability insurance? I believe that‘s not so cheap no? And what about retirement savings as you don’t have a cpf account? Would be great if you could give some information about these expenses as well!

Konbanwa Ghib Ojisan 🤗, yes Singapore can be expensive more expensive if you have kids in future really if you know what I mean . But in terms of working in japan and exchange of freedom !!! A lot Japanese choose Singapore!! Singapore Work balance, off days, not stressful not 4 season!! Spent what you have to use and buy again . 😅 Everytime I had watch your video ever since you are a KZreadr!!!💪👍 First time comments 😃🙏👏. I saw your house design and I believe I stay around somewhere there 😃 hope to see you around Ghib Ojisan🤝😎

Hey Ghib, what electric guitar is that? It looks very unique haha

@GhibOjisan

Жыл бұрын

Its an acoustic guitar from ARIA 😊

I bought that same T shirt for my husband 🙌

Very interesting video. Thank you very much for giving us this little insight. I also like to compare living costs from other countries with the ones here. So I'm a german single girl living alone in a rented appartement near Frankfurt am Main. I have a car and also a cat and my average living costs per month are around 2.5k €. 😅 I know that this is a bit more expensive and that I could save some money with moving into a smaller, cheaper appartment, use more public transportation and spend less money on my hobbies. But i want to live a nice daily life and as long as I can afford my living style I'm not going to change it. 😆

Do you factor monthly allowance for your parents? Most Singaporeans give monthly allowances to their aged parents out of filial piety. I am not sure whether that also applies in Japan? We also need to pay monthly Town Council Conservancy fees in the range of about $50 - $80. Though your expenditure is considered necessity and basics, the total sum is still pretty high as most Singaporeans salaries (after deducting CPF), average to about $3000. That leaves not much savings for emergency. Thus, our fertlisation rate in this country is low, out of fear there may not be enough to support another children in the family. People are living from paycheck-to-paycheck nowadays - especially those with childrens to feed.

😉😉 stumbled upon your video while browsing..... Interesting.... Down to earth topic infos. Its really depends on how you want to live your life in sg. Spending From cheaper stuff to atas stuff! While holidaying in Jpn in 2017, I find that parking in Jpn (kyshu, Nagasaki) is about the same in sg. Food wise, we ate in a small eating house a bowl is rice with sashimi cost about $12 whereas it will cost more in sg and also taste slightly different. The most expensive dinner is at Boat Quay during family of 5 birthday dinner, newly opened Taiwan outlet that sells Japanese food cost us more than $500. 😐. In sg, live like what everyone is doing...., Take public transport, dine at hawker centre or food court, best cook at home. Brew own coffee. ... Just keep it simple. 👍👍 Have a great day. 💪

Ghib asked viewers to share our expenses but most people just comment but never share 🤣🤣🤣 I think now I spend about 2.5-3k per month for all bills, food, transport and entertainment excluding hdb mortgage. Most of them falls under food I guess. I don't really go to fancy restaurant but I can potentially spend $50-100 on food a day as I don't put a cap on spending. I probably should try to control my spending to save more but sometimes I just feel it's troublesome and treat it as a way to reward myself as thankfully I still have savings every month...

Do add in insurance cost etc as well to get the full picture of your monthly cost

I did not hear you mention about insurance which could also be a very large part of money spent. Do you have house insurance, fire insurance, critical illness insurance, life insurance etc

What about education fees? For PR residents is it subsidized too?

I visited Singapore a few times, and hotel rates are cheaper in less glamorous areas and i could exist on $10 Sing a day by being in a gym almost 12 hours a day in between travelling around Pay by day gym or free 5 days pass gyms The gyms are clean excellent and service is like Singapore airlines

Better to buy health insurance when young cos health costs rises eg my relative diagnosed with cancer when he reached 60+, all his medisave exhausted cos no insurance. Cook healthy simple food yourself, save money, also exercise so u don’t fall sick often

The local bank such as Dbs is more international than the foreign banks in sg in terms of services

Only if your u own a hdb in sg else the cost of accommodation is substantial

Need to look into home protection insurance, personal accident insurance and health insurance. Other like endowment & life insurance take after the 1st 3 kind of insurance are well covered. Like personal accident insurance, the premium is set at the time taken up so cost does not increase unless you increase the coverage amount. This type of insurance cost kept getting more and more expensive if you don't take up sooner. Health insurance best to take when one is healthy, otherwise have to declare when there is any condition. Then anything as a result of that condition will be under exclusions. For example if declare high blood pressure then next time if result in stroke, heart problem etc all not covered. Medical cost for serious illness in Singapore is very high. We all want to be in good health but something are unexpected.

We spend about $2000 on our credit cards, combined thats inclusive of food, utility, transport. But you have children, you will spend on childcare, studentcare, tuition and other enrichment classes.

Yup Sg is surprisingly affordable

@GhibOjisan

Жыл бұрын

That’s my conclusion!😁

You have a friend Ghib. Jimmy!

@JanGNT

Жыл бұрын

Jimmy is sad Ghib didn’t count him as a friend 😂

Family of 5 with maid here. Wa… I miss the days when my expenses were low as a couple like you guys. With kids, money just flow out like water. Childcare is exorbitant (1.7k/ month, per kid); enrichment class (200/month, per kid); school bus (200/month). We hardly eat out with the kids but if we do, will be at least $80/meal.

@MrOng7474

Жыл бұрын

Now I can better understand why every countries are encouraging everyone to make more babies....

@chinchowpowpook

Жыл бұрын

So..u know the figure, question, can this last till next 20 years? If yes is irrelevant, if no,,man , u seriously drag all down including your children, they gonna bear the burden

$2154 is alot considering this does not include Town Council fee; Allowance for Parents; Insurance; and Savings. I only spent about 1k/mth for all of your mentioned expenses for me and my Mrs.

You must also factor in the average salary in major ASEAN countries. Like in Malaysia a local university graduate will only get between MYR2,000 to MYR2,500 starting salary on average. One meal alone can cost on average MYR7 (for a mixed rice without any seafood and without drinks). Most places you work may not have any public transport coverage therefore you need to factor in vehicle instalment and monthly parking fees apart from petrol. There are many foreigners from ASEAN countries working in Singapore, they will tell you the same story.

@waisee80

Жыл бұрын

I guess spending in Singapore is cheaper as compared to her neighbours due to her strong currency and food are being imported from Indonesia, Malaysia, Thailand and etc (if using tropical vegetables and fruits as basis of comparism and Singapore still has some local farms). If you compare $ to $ without conversion, Singaporean salary at $2k vs Malaysian wage earner of RM 2k with a normal chicken rice for Singapore at about $4 ~ $5 as compared to RM 9 ~ RM 10 in KL. This is yet to include accommodation, utilities, transportation (and keeping it at minimum and entertainment using existing smartphone and internet line) and savings.

@leewn2319

Жыл бұрын

In SG coffee shop or hawker centers a simple mixed rice consisting 2 veg 1 meat (pork) cost about S$3.50 to S$4.00. So if you earn S$5k a month its cheaper than Msia especially KL.

@starman1994

Жыл бұрын

@@leewn2319 even the average starting salary for local university graduates are between S$3,000 to S$3,500 which is already higher than most neighbouring countries. That alone has given those fresh grads a lot of headroom for them to save and spend as they please.

@wancipong

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Too bad the malays in malaysia like to live in their own coconut shell till the end of their life

@waisee80

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@@leewn2319 Exactly what I am trying to convey

Can I know where do you get that Tshirt from?

Sg is not cheap. Overall cost of living has dramatically increased in recent years. By that I mean food (hawker fare/ supermarket items), car prices, petrol costs, property prices (be it BTO or resale HDB, or condo) - everything is more expensive and the difference is very palpable. The only thing that is somewhat constant, is the public transport costs (ie bus/ MRT) and I must agree they are still v affordable.

@g00nther

Жыл бұрын

This is global TBF. Everywhere has gotten more expensive over the past few years.

I love your wife's suggestion on cutting back on alcohol spending XD Actually, why not consider brewing it using a DIY kit?

@GhibOjisan

Жыл бұрын

Brewing actually sounds really cool!

@chinchowpowpook

Жыл бұрын

Self brew gadget so far,,can’t make it..

Singapore is expensive if you live an expat life....but if you live as a commoner...its pretty affordable actually....the killer expense In singapore is car loan, renovation loan, having to raise kids needs alot of money, parking charges, petrol charges and rental charges..lucky there's hawker centres in singapore where the foods are pretty affordable compared to Japan where the cheapest meal is 500 yen...anything lower than 500 yen is just snacks

Personally, I favor jobs that cater/provide lunch and dinner over other perks and that’s a huge saving right there!

@alaina.vittoria1484

Жыл бұрын

Join F&B. Trust me, you can have all the food you want. Sometimes drinks too. 😅

@ysgoh936

Жыл бұрын

Arghh... U must be so poor 😭

I remember the last time I've found a nice 500 yen Katsu don to-go in Osaka, but yeah I never found something which is ard 300 that is a full meal

you can live in Johor and work in Singapore. living cost here is much much cheaper. some Malaysians live in Johor Bahru can save money a lot and buy luxury cars by commuting JB-Singapore

Well done Ghib on a great video that concerns cost of living for Singapore couple living in Singapore. When you start having kids in Singapore, you will find the astronomical costs of raising kids in Singapore. I look forward to your video then.

How about ur medical bill, education upgrade cost, recreation fees, insurance, income tax and raise up child expenses?

That's a good budget $2000month inclusive of home loan repayments. I did not see health insurance or home insurance mentioned, or life insurance (too young?for that?) That equates $24000per annum for both for decent lifestyle. Very good. Congratulations.

Where u got the shirt 😅?

I think for singles and couples yes it is cheap. But once you get kids the costs rlly go up quite abit. So families will find it expensive. Save up while you can before having kids. Or don't have them at all.

Comfortably below $1000… House use CPF. I don’t have expensive hobbies or owning a car (iron mistress). My hobbies are dirt cheap but meaningful and healthy. FOC swim in SAFRA club, running and going to gym in ActiveSG… total below $20. After exercising for 2hrs everyday… I’m too tired to find energy to spend. My biggest spending is alcohol and tobacco… likely above $200.

Lawson, 7,11 ...ect Bento-boxes can also be purchased for as low as 300 yen.

Wahh, 2K expense sounds (sounds only) quite ex/ high leh...😒🤔, but I think it's within normal range for 2 paxs considering that recently SG costs have risen tremendously. Lol

Vegas on an island. 6 years, p.r . Great full for ferries to nirwana . Can't afford membership to various clubs(Japan, hollandaise, American) don't want to be on orchard road or geylang? Good luck. Sold my hdb and moved to Korea. Mrt worked beautifully though 🤣

Dude, I madly appreciate your spendings on books. I read quite a lot as well, around 4-10 books a month so I switched from paperbacks to Apple Books. I understand the joy of touching and smelling a book but have you considered switching to ebooks as well? To be honest, if nonfictions are not that pricy, I would've stayed buying paperbacks only.

“You don’t drink at all” Ghib: “and I took that personally”

Drinking alcohol, bubble tea, smoking are all underrated expensive hobbies. Some people also spend a large chunk on insurance & travel.