Been browsing the used car market and can’t help to notice that there are a lot of luxury models (Mercedes, BMW, etc) less than a year old from purchase date are being sold.

I know cars are expensive here, but is it a case of luxury car buyers underestimating the costs involved?

Alot of people seems to be buying the car for face value which translates to nothing (in literal sense).

At around $87K for Cat A COE, you are paying $240 a day just for a piece of paper. That’s almost 1 taxi ride into town everyday. Add the cost of the car, parking, road tax, petrol, maintenance etc. and I really don’t see the value in car ownership unless you spend hours on the road daily.

Here are what netizens think:

• Some of these owners bought when the COE was lower. COE ranged from 50-80k for Cat A and B respectively a year ago. However, the current COE is 87k & 115k. That’s an almost 40-50% increase for both COEs. So their cars “appreciated” in value instead of depreciated. Hence, a good time to change/upgrade the car.

• Interest rate increase, fuel price increase, overall inflation just caught everyone by surprise.

• My guess is, on average, these people are paying $200 more a month just to service their car loans.

• And with the prospect of recession and job losses in 2023, makes sense that many people are re-balancing their expenditures.

• Or crypto bros realising they can’t pay the monthly loans anymore

I have a distant relative who won.

She invested in some kopitiam and lost big on it because not many people visited that location, she also gambled a lot at casino and lost more on that.

Bought and sold flashy cars. Also bought a house and had a HK xiao bai lian around at some point, who accompanied her in eating good food and also travelling around on luxury cruises and enjoying life basically (this was many years before COVID), but after she lost all her money from the kopitiam venture + gambling habit + travelling and went into debt, the HK guy said goodbye and flew back to his home country.

She also had a son (not blood-related to me since it’s from my cousin’s ex-husband’s side of family, but can be considered a friend I knew in childhood) and he’s a very filial boy even though his mum is not very good, she made him sign on in NS because the pay was good, in order to help her repay her debts, instead of pursuing his own passion and choice of career.

The last that I heard of her, was a few years ago when she got herself drunk at a bar, and then tried to hang herself at a hotel room and caused a huge scene because some guy just dumped her again.

Money is useless and completely wasted when it lands in the hands of the wrong people.

Here are what netizens think:

• And always these type of people won lottery… hmmm
• People who are bad with money are the ones who buy Toto in the first place
• Yeah you just need to look at the odds of winning. If you play gacha games it’s easy to compare how absurdly tiny the chance of winning serious money from toto.
• Poverty is a state of mind and this is one of many examples
• Money is useless on the wrong people

Is it illegal to piak your maid?

This is not the first time this question surfaced online, I remember some time back, there was another fellow asking the same thing.

Then someone pointed him to a thread on a forum.

Got one guy shared stories about how he had fun with his maid in the house whenever his wife was not around.

He said many maids are actually very H and because they are very lonely in SG, they are very easy to pick up. No need go on date, pick up straight have S. Many of them would go look for their Bangala bf to have S on weekends.

He said it was a waste to let Bangala piak, might as well share the lobang with fellow friends

He is willing to share contacts of those maids he has piaked with fellow friends in exchange for contacts of other maids they have piaked.

He got condemned online, maid already so poor thing. Come SG become maids and suffer, now got scums prey on them for free S.

Here are what netizens think:

• My friend’s uncle piak his maid. Then the maid kena was banned from coming into SG. After that she found a way to come back in a different identity, married and help him give birth to 5 children. Now all Sgrean.
• Not illegal but she cried rape and you are ****ed
• Yes will get ban, his wife reported her. By right work, permit cannot pregnant.
• if she willing then ok lor. but… you can face your wife and children after that ma

I considered using a throwaway for this, but F it. I’m 42F and I’m tired of being the higher-income earner in my relationships.

I surpassed SO several years ago and I’ve always made more money than past relationships. When I met my current guy, I thought I’d finally broken the pattern, but, nope. We are a match intellectually, and he is a senior corporate leader same as me making about the same as me, but he isn’t financially settled.

I adore him and I’m not leaving him because of this. I just wish I had a rich bf.

I recognize this makes me sound incredibly shallow. I believe meeting an intellectual, emotional and physical match is SOOO much more important, but I can’t help feeling envious of people who have rich bfs and husbands who bring more to the table financially.

Am I the only one?

Btw, this is an equal opportunity post. I’m a woman but I wonder if men feel the same way (maybe?).

I have a complex and interesting relationship with money that I need to explore further. I’m guessing it stems from not having a lot of it growing up, but also a lack of gratefulness on my part for all the amazing non-monetary things I DO have. Truly appreciate the thoughtful responses. I have work to do with my therapist.

Here are what netizens think:

• If it is proxy for a man who has reached some pinnacle of success, yes, that can be fun to be with a man like this. However, in the mix, of what is important, I would much rather have a bricklayer who is dynamite in bed, than a corporate CEO.

• I am going to be blunt. I don’t think anyone gets everything – hot, great in bed, princess treatment, etc. If a man wants to pamper a woman, he is likely going to go the sugaring route, or go for a much younger woman. He knows he has to pay for that.

• If you are willing to go 20 years older, you can probably get the same princess treatment. Or, if you go for a man who is not handsome, maybe obese (think Harry Weinstein), etc., etc.

• Personally, where there is an imbalance in these relationships, is when money tends to enter the picture.

• I’m not sure how annual income is relevant here. As long as he has the disposable income to provide the type of affair you’re looking for, you can hardly rely on what a man might tell a side piece about his financial situation anyway. If he’s not providing the type of affair you’re looking for, move on to someone who will. Most of the men I’ve been with were happy to offer, though they may have downplayed their professional status until they felt they could trust me.

My mother-in-law is charging me for babysitting while my bf was in the hospital. If she charges me it’s charging my husband which is the same as we share and pool our money.

So he got into an unfortunate accident and broke his legs and a few of his ribs so he can barely move. He has been hospitalized since last week and we have a child that we often take turns taking care. But now he is injured I have to not only take on his role as a parent but also take care of him everynow and then in the hospital.

But I only have a pair of hands and juggling between my 2-year-old son and him is too much.

So I went to my mother-in-law for help and she said that she could take care of my son while I was at work. But there was a catch.

She wanted to charge me $100 a day! I wanted to tell her that I am taking care of her son in the hospital and she should pay me as well?

It’s her grandson and she is behaving like it’s a total stranger. It’s not like she is working or in need of money. My husband and his siblings give her a total of $5,000 a month as allowance.

Unfortunately my parents are no longer around and I have no one to rely on.

So I told my husband about it and he got angry and cried at the same time and said that his mother is a “money face”. He tried talking to her but she insisted on getting paid for taking care of my son.

He said that he is contemplating stopping giving her mother any allowance once his out of the hospital.

I wanna start an argument with my partner for sharing food with random women.

So I work at a grocery store as a cashier. We have several managers who work here but I’m focusing on one we’ll call Becky.