Ever wondered if you were high class, middle class or low class? Americans say they are in a classless society. Singaporeans? Well all aim for the usual car, cash and condo which traditionally makes up most of a young mans aims and goals. In the society of Singapore just staying in low cost housing of HDB is considered a real luxury if you compare the low cost and poor housing of other countries.
Does owning a car makes you feel “high class”? Well it depends on the situation. If you are paying for your cars instalment through your nose only to park your car everyday at your office while you slog off to pay for it, well that’s simply a situation which does not warrant a car. It simply makes no sense to bear the full cost of the cars expense simply to make it drive you to work. Public transport would be sensible. On a side note I have seen Lexus and BMWs with season parking coupons. Would it not be more sensible to instead of spending $350k on a car to instead use it to upgrade their homes first? Cars are bad investment….condos? Well a condo is a roof over ones head….with pool and luxuries. What is the worse case scenario for a condo? Well an extreme case scenario is that your home don’t just fall in value from $2.5 million to say $900k…..worse case it falls to $1…..scary? Nah if it’s $1 would just buy thousand units of condos for a start. So if an extreme price fall isn’t scary….than nothing would scare us.
Where do you rank in the office? Always upgrade yourself if possible. Investing in oneself and using the time and money to equips yourself with more skill sets would always be better than investing in some car. In an office environment the one who possess the most skills that is the hardest to learn would often be the man in the lead.
If you only have a basic qualification for the job without any extra skill sets, that would put you on par with any fresh grad who joins the labour force and it would be hard stand out and show your superiors that you are a valued employee.
Always take slow steps and each step ensuring you are better off that the last. Upgrade yourself. Eventually since human life is long you would reach all your objectives.