Latest weekly Insing column is "mrbrown and the Happy"
A recent UBS report showed that the standard of living in Singapore was slipping, and while Singapore was one of the most expensive cities to live in, the purchasing power of its people was going down.
That is sobering news. It makes you want to go out and buy yet another expensive item on credit to cheer yourself up.
While I cannot speak for others, I would like to share my thoughts on the matter.
It is true that for my family, things have gotten more costly while our family income has not appreciated in a big way. But we count our blessings that our bills are (mostly) paid, that our belt needs to be tightened only some of the time, and that we can still afford one or two nice things in life (as long as we save up for it).
What I have found is that the stuff that makes you very happy, is rarely the stuff that costs a lot of money. (cont'd)