Three ways to become rich in Singapore

What are the three ways to become rich in Singapore?

Many of us will agree that the cost of living is very high in Singapore. This is especially so during the last few years when the rate of inflation increased rapidly. In spite of the global economic downturn, unemployment rate remains low in Singapore.

But most Singaporeans struggle with the rising costs, as their salaries remain stagnant. Henceforth, most of us are concerned whether we would make enough money to retire comfortably in our twilight years.

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Recently, me and my good friend were lamenting the rising cost of living in Singapore and pointed out that the same bowl of $2.00 noodle sold in the hawker stall now costs $2.50 or more. That would represent a 20% increase in prices and we were left wondering how an average salaried Singaporean can cope with this sort of inflation.

We came to the conclusion that to beat the inflation and get out of the rat race, we need to be rich. And there are mainly three ways to get rich [This is a premium article. The rest of the content is blocked and can be accessible by SG Wealth Builder Members only. To read the full content, please sign up as member.]

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Updated: March 13, 2019 — 2:20 am

5 Comments

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  1. Properly timed good investments plus discipline can bring you a long way too. Rich is a subjective word in Spore. You may have tons of money, but never feel rich or you can’t even keep minimum balance in the bank,but feel like a billionaire. That’s spore.

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  5. Wow it is unbelievable to hear that you need a lot of thing to be a lot richer in Singapore. But I guess you incorporate investing as another source of income, you can try and check binary broker optionbit http://www.optionbitsreview.com and see how you can make more money online, so you won’t be having any more problem on how to be rich no matter where you are.

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