This is what i don't understand.
The generation after me (i'm 32) seems to have no fear about the future.
I was at a club with my new GF and met her friends (23-27yrs old).
I don't drive because i drink too much and also, i feel that the i can't seem to justify the massive depreciation as well as other sundry expenses that racks up to $2k/month.
This guy (27) and his fiance (25), want to move out of their
HDB, so they rented a Condo unit together for 2yr contract, paying $3800/month (not including agent fees). They are also sharing the cost of an Audi A5.
Not to mention other fees; every month they are already down $6000/month before they've bought any groceries. He earns $4200/month at Citibank, she earns $3400/month at C&C.
Are they just bad at math or am i crazy?
I get nervous if i don't save at least 40% of my basic every month!