So many times that I have heard this sentence and I have seen so many situations where people told me about their financial difficulties. Especially in Singapore. Are they really that tight in finance?
I used to tell myself, give them the benefit of doubt. But that believe always slaps me back hard and tight. It is all about priority and what you are comfortable of giving up. I see many great cases of people earning less than $2k but yet saves enough for their child education and even enough for travels and some gifts for themselves.
Time and again I hear people saying that their pay is low, no money to save, but yet they can take cab to work, enjoy expensive or posh restaurants or even go for holidays which can cost them 3 times of their monthly pay.. Tell me, is this financially tight? Ask yourself this question too. Are you saving enough for rainy days, are you really really that financially tight?
The other would be gambling. I have friends who come to me borrowing money from me time and again. Due to their habits of gambling, they got themselves into debts and even some spending too much using credit cards and go themselves into trouble with loads of debt. Are you spending more than you can spend?
Please... Take a step back and relook into what you are spending and ask yourself the need to spend all these...