$245,00 Combined Income But Why Are They Unhappy About Expenses? | Should They Upgrade HDB To Condo?

11/07/2022 15 min
$245,00 Combined Income But Why Are They Unhappy About Expenses? | Should They Upgrade HDB To Condo?

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Episode Synopsis

Today's case study is about a 30yo couple and husband has just gotten a pay raise from a new job. However, there seems to be unhappiness about how to share the household expenses moving forward and there is tension as to whether or not to upgrade from HDB to a condo.0:00 IntroductionMarried with 1 kid and another on the way1:00 Couples comparing income2:00 Details of new husband pay of $160,0004:45 Wife's new proposal for husband to contribute moreQuestion, if your take home pay has increased slightly, would you contribute more to family expenses?6:08 Is a joint account for couple recommended?Concept of side stash budgeting7:32 Investing for this coupleCommunication is important to define the goal and update on the processInvesting from a joint account10:30 Upgrading HDB to CondoUnderstanding lifestyle inflation13:30 Suggestions before upgrading#sellhdb #savemoney #sgfinance #expenses #personalfinance #financialfreedom #upgradehomeSupport the show

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