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Posted: Sun Dec 12, 2021 8:27 pm
@SEA_Bound1
What are the values for the tuition/fee waivers/places?
To save USD$50K you need about SGD$70K. Your looking at about SGD$75K for housing, utilities, metro, and phones, and I think thats a bit lite. Another SGD$30K in tax on your salary alone thats SGD$105. That leaves you SGD$25K for the whole year to eat, shop, entertain yourselves and everything else that kids and a family cost thats SGD$2000/mth that might be an okay lifestyle for your family, but you dont know how much the tax on the tuition/fee waivers/places is going to be and SGD$25K is not a lot to play with (thats only USD$1400/mth). You can go to Numbeo and get an idea on costs.
https://www.numbeo.com/cost-of-living/c ... =Singapore
Looking at the reported cost of an ISs tuition of around SGD$30K/each thats another SGD$9K in taxes out of your SGD$25K/yr bringing it down to SGD$16K/yr or about SGD$1300/mth
Looking at your lifestyle expectations I dont see you banking that your first year, and maybe not your second year either not without making some compromises. You need to find out how much the tuition is and what your tax on it is.
What are the values for the tuition/fee waivers/places?
To save USD$50K you need about SGD$70K. Your looking at about SGD$75K for housing, utilities, metro, and phones, and I think thats a bit lite. Another SGD$30K in tax on your salary alone thats SGD$105. That leaves you SGD$25K for the whole year to eat, shop, entertain yourselves and everything else that kids and a family cost thats SGD$2000/mth that might be an okay lifestyle for your family, but you dont know how much the tax on the tuition/fee waivers/places is going to be and SGD$25K is not a lot to play with (thats only USD$1400/mth). You can go to Numbeo and get an idea on costs.
https://www.numbeo.com/cost-of-living/c ... =Singapore
Looking at the reported cost of an ISs tuition of around SGD$30K/each thats another SGD$9K in taxes out of your SGD$25K/yr bringing it down to SGD$16K/yr or about SGD$1300/mth
Looking at your lifestyle expectations I dont see you banking that your first year, and maybe not your second year either not without making some compromises. You need to find out how much the tuition is and what your tax on it is.