So this is an update of the AWS thingy that I wrote about in my previous post. Based on the votes, the company has gone ahead to let us know that we will go ahead to incorporate the AWS to our monthly salaries. In a way this would be good for my CPF contributions because I would be able to earn the interest at a faster rate rather than wait till then end of the year. But it will be mean that there will be no extra payment to enjoy in December anymore. Is this good or bad?
It might look like we are getting a higher salary for now. I did the math and found that I would be getting an increment of $11 per month based on what HR would be giving me. I took the figure and worked back to 13 months of pay and got this $11 increment. I hope they would consider increasing our pay even more soon. I'm really looking forward to getting posted to a new role with new colleagues and a new boss. I am already feeling very drained. My colleague on other hand is planing to resign to become a housewife. She sold off her house to downgrade to a smaller flat and says 'the government is controlling her money'. I tried to explain to her about trying target the full retirement sum but she is one of those anti CPF people out there. There is nothing I can do about her thoughts. This is her life, her decision.
Meanwhile I'm still lamenting how fast my parents have used up their CPF funds and how have to struggle to think of their upcoming medical bills. The cost of nursing home is not cheap. We manage to get some subsidies but it is still a lot to us. I had really wanted to buy a home with my sibling to help our parents but if the other party doesn't want to, i can't do anything too.
Houses in Singapore are so expensive. I can't buy a flat by myself. They have so many rules that prevent singles for having a decent home other than a 2 room BTO flat. If you want a resale flat, we have to pay through our noses and it is so expensive. My CPF is not enough. Getting married at this age is really impossible for me. It's not like we can just marry any Tom, Dick or Harry out there. Anyway, I shall let things be for now. I can only pray.
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