Sunday, May 4, 2008

Materialistic?

I was told that Singapore ladies are materialistic. Are we really materialistic?
Pardon me for being frank.
The world is cruel. In order to survive in the world, you need to strive and work hard. Every single penny that you earn will be used to pay off necessities and luxury goods now and in the future. With the rising cost of living, if one is to still live in the 1990s economy 'fantasy', all that is left for is suffering.

Why?
How much does a packet of rice costs a couple of months ago?
How much does a loaf of bread costs 10 years ago?
How much does water costs 10 years ago?
How much does electricity costs 10 years ago?

All are necessities but prices continue to soar. Reality is cruel and being an ostrich doesn't helps to cope with the rising prices.

Once upon a time, you can get a job paying very well with just an 'O' Level certificate but now? You still can get a job but you cannot hope for more than 'peanuts'. Again, why? Singapore is now overflowing with university graduates and foreign expertise. Jobs are hard to come by and the once 'iron rice bowl' is now no longer one.

Prices of flats are rising at amazing rate. My grandfather used to pay only $15,000 for a 4-room flat, my dad used to pay $45,000 (if paid cash on the spot) for a 4 room flat and now a 4-room flat costs $300,000+. Who knows how much will a 4-room flat costs 10 years down the road? And, in case you haven't noticed, the flats are getting smaller and smaller. You are paying more and more for something lesser and lesser.

That is reality. So what is wrong with ladies who want to find guys who can earn a minimum of $5,000 when they hit 30? To me, there is absolutely nothing wrong with that.

The 5C 10 years ago, Condominium, Cash, Credit Card, Certification and Car should now change to 5C1I0O - Condominium, Cash, Credit Card, Certification, Car, Intelligence and 0 Ostrich.

So, am I really materialistic? Maybe yes but I care for my future.

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