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Old 25-10-2015, 01:31 AM
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Quote:
Originally Posted by jjason View Post
what exactly is 5k going to do for you? fresh grads make 3.5k.

5k = 4k after cpf.
deduct one or two k minimum for living expenses.
you are left with one or two k.
if you rent or have your own home, deduct that, and budget some money for a kid if you have one, you are left with zero.

What am I missing? Fresh grad earn 3.5k, this teacher drawing 5k after 3 years but you are trying to say he is underpaid? No money to live? What is your imagined scenario, 28 year old single parent, paying off his hdb?



Not saying teachers are overpaid, just that they are quite well remunerated as compared to the past, and in general.
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