Quote:
Originally Posted by Unregistered
Actually there are a few hundred thousand well to do households out there, from statistics, there are 1.3 million households, if we assume the top 20% have net worth above 1 mil, that will be 260000 households. Equally miserable there will also be 260000 households who are struggling, the rest are in between.
So I think most people who post their financial status here are not bluffing.
|
Which is why the govt is still busy targeting at the poorer families through various aids n subsidies schemes, just look at how many cleaners and security guards out there who still try to secure 2 jobs now. Will be interesting if we see some postings of their net worth. They may have 300 to 400k too thanks to
hdb n
cpf but low cash to sustain their daily expenses.