Can Singapore Handle Rising Costs Without Making Us Pay More?
Beyond government pledges, if you look at the wish lists from economists, consulting firms, and the public, you’ll see a long list of things that need more funding—better healthcare and eldercare, education, more community facilities, cost-of-living support like CDC vouchers, stronger social safety nets, baby bonuses, and paid parental leave, just to name a few.
The reality is, costs will keep rising. The sooner we accept that we have a role to play in managing our own finances, the better we can prepare. Even if inflation slows, prices aren’t going back to what they were.
This isn’t a message of doom—it’s a reminder that we’re not powerless. Keep hustling, take charge of your finances, upskill, increase your income, and stay relevant. The system may not be perfect, but giving up isn’t an option. 💪
Suggestions to do this better are always welcome.