Three ways to become rich in Singapore

What are the three ways to become rich in Singapore?

Many of us will agree that the cost of living is very high in Singapore. This is especially so during the last few years when the rate of inflation increased rapidly. In spite of the global economic downturn, unemployment rate remains low in Singapore.

But most Singaporeans struggle with the rising costs, as their salaries remain stagnant. Henceforth, most of us are concerned whether we would make enough money to retire comfortably in our twilight years.

Stock Market
SG Wealth Builder

Recently, me and my good friend were lamenting the rising cost of living in Singapore and pointed out that the same bowl of $2.00 noodle sold in the hawker stall now costs $2.50 or more. That would represent a 20% increase in prices and we were left wondering how an average salaried Singaporean can cope with this sort of inflation.

We came to the conclusion that to beat the inflation and get out of the rat race, we need to be rich. And there are mainly three ways to get rich [This is a premium article. The rest of the content is blocked and can be accessible by SG Wealth Builder Members only. To read the full content, please sign up as member.]

Lost your Password?

Not a member yet? You may sign up to become a member of SG Wealth Builder. The full benefits and privileges of SG Wealth Builder Membership:

  1. Access to the latest premium articles of SG Wealth Builder
  2. Email notifications of latest blog articles
  3. Participate in SG Wealth Builder campaigns
  4. Request for coverage on stocks, insurance and other personal financial topics
  5. Comment in articles and Wealth Forum
  6. Future network opportunities

SG Wealth Builder Membership

You may sign up for the SG Wealth Builder Membership for only $15 per month. As a member, you can access all the articles, including the premium ones.

Note: After payment is made, you will be prompted with registration form to create your user-id and personal password.

[wlm_paypalps_btn name=”SG Wealth Builder (Annual renewal)” sku=”7BB4D00C52″ btn=”pp_pay:l”]

2 thoughts on “Three ways to become rich in Singapore

  • April 14, 2012 at 1:32 pm
    Permalink

    Properly timed good investments plus discipline can bring you a long way too. Rich is a subjective word in Spore. You may have tons of money, but never feel rich or you can’t even keep minimum balance in the bank,but feel like a billionaire. That’s spore.

  • June 14, 2013 at 12:00 pm
    Permalink

    Become a minister or or senior civil servant.

Leave a Reply