SINGAPORE: A local Singaporean has sparked an online discussion after expressing his frustration over living on a monthly salary of S$2,400, revealing his financial struggles in a heartfelt post shared in the Facebook group Complaint Singapore.

The man detailed his expenditures, which include S$120 on transportation, S$300 towards supporting his parents, and a staggering S$750 for insurance premiums. With fixed costs already eating up most of his salary, he lamented that he hadn't even calculated his food expenses yet. "How to live in Singapore?" he questioned fellow Singaporeans at the end of his post.

He highlighted that even simple and affordable meals like cai fan have become less accessible, now costing more than S$5 per plate in places around Orchard. This led to a wider conversation online, with netizens chiming in with budgeting advice and coping strategies amid Singapore’s escalating cost of living.

Insurance Premium Concerns

Several comments pointed to his high insurance premium as a potential area for adjustment. Some advised him to consider investing that money into education or skill development, which could ultimately provide greater financial returns in the long run.

One contribution noted, “Never invest more than 10% of your salary on insurance; you’ve got CPF!” referring to the Central Provident Fund, Singapore’s mandatory savings plan for workers.

Exploring Assistance Programs

Additionally, commenters mentioned the possibility of qualifying for the Workfare Income Supplement (WIS), a government initiative designed to boost incomes and savings for lower-wage workers. One netizen suggested he could benefit from a Workfare bus card, offering a 25% discount on transport costs.

Food Cost Strategies

When it came to food costs, many recommended exploring home cooking as a way to save. One commenter said, “You have no choice. Just wake up earlier and prepare your meals.” Another suggested a strategy of skipping lunch to cut costs, while also emphasizing the shared struggles of many living in Singapore.

Supporting Family Despite Challenges

Despite his financial issues, users praised the man for still supporting his parents, underscoring his responsibility and priorities. One comment read, "That S$300 for your parents shows you’ve got your priorities right. I’m proud of you."

Understanding the Workfare Income Supplement (WIS)