A Singaporean couple earning a combined monthly income of S$10,000 is expressing hesitation regarding the expansion of their family. Despite their income exceeding the national median, the pair identifies as part of the 'sandwiched class,' a demographic that misses out on government assistance for lower-income households while still facing significant financial pressure. The husband, writing on a social media platform, noted that their budget is strained by the increasing cost of living and the necessity of providing financial support to their parents. Although they already have one child, the couple avoids extravagant spending on luxuries or enrichment activities. Their situation highlights the growing anxiety among middle-income families in Singapore who struggle to balance the costs of raising children with the financial responsibilities of caring for aging relatives amidst an inflationary environment.
Source : The Independent Singapore
Photo : The Independent Singapore
