34 yr old couple, annual combined around 250k
Fully paid BTO
HDB inclusive of
CPF refund now worth around 800k
Fully paid new car bought last year at 140k
Around 300k in cash and investments excluding
cpf
Looking to upgrade when BTO MOP later this year.
In casual conversations with friends it seems that people tend to think that car owners are ridden in debt and spending sizable of our monthly income on car expenses which is not true at all. But I didn't want to correct them and would rather keep our financial situation a secret.