Originally Posted by Unregistered

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.