Quote:
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. |
It's true that some ppl like to think that others are over leveraging and only appear rich in the outside but full of debt inside. This makes them feel better about themselves.