Comments on: Calculate Net Worth and Benchmark It

By: Telemarketer Makes 20k - Salary.sg Forums

Telemarketer Makes 20k - Salary.sg Forums — Tue, 21 Jul 2009 01:59:13 +0000

[...] people . Next time you meet a telemarketer, think about the possibility that he could have a net worth higher than yours (if he�s not a big spendthrift). Reference: Sunday Times, July 19, 2009 [...]

By: Telemarketer Makes 20k | Salary.sg - Your Salary in Singapore

Telemarketer Makes 20k | Salary.sg - Your Salary in Singapore — Sun, 19 Jul 2009 07:11:52 +0000

[...] time you meet a telemarketer, think about the possibility that he could have a net worth higher than you (if he’s not a big [...]

By: Are you a Prodigious Accumulator of Wealth? | Salary.sg - Your Salary in Singapore

Mon, 08 Jun 2009 10:16:41 +0000

[...] calculate your expected net worth, refer to this old Salary.sg post. (Note that I called it “target net worth” [...]

By: Is your Net Wealth 300k? | Salary.sg - Your Salary in Singapore

Is your Net Wealth 300k? | Salary.sg - Your Salary in Singapore — Sun, 23 Nov 2008 06:25:48 +0000

[...] this Salary.sg post on how to calculate your net wealth, or net worth, and compare it against a benchmarking formula [...]

By: James Brown

James Brown — Thu, 29 May 2008 02:51:21 +0000

I agree with Razor.

You can’t expect REAL wealth from your employer who only employ you to work.

Save/plan/budget/invest your way outside the scope of your job to expand your wealth.

One might be able to afford better luxury items with better income, but WEALTH IS another ballgame altogether.More often than not, wealth IS NOT determined by your monthly income.

By: Razor

Razor — Thu, 14 Feb 2008 05:24:04 +0000

No need to fight with HR. The market will determine your pay. As in, shop around. If you’re making 6000 per month, and the HR refuse to give you a single cent more than 500 increment (which makes it 6500), then shop around.

Go for interviews and ask for 7500. Can you get one? If you can, leave. If you can’t, and everybody pushes you down to 6600, then either (1) you’re not that hot of an employee, or (2) maybe you’re near the ceiling of your profession or post.

I totally agree with you that fighting for minimal increment for the sake of expanding wealth is silly. Because the fact is you can’t get wealthy by getting 300-500 increment every year.

By: enlightened

enlightened — Tue, 08 Jan 2008 08:47:06 +0000

after all these years, i came to realise that salaried workers should never equate fix pay with wealth. anyone who wants REAL wealth, go be a self employed. it is silly to push HR so hard for a pathetic $300-$500 increment and end of the day, the real wealth increase is not even worth 1% to a self employed.

if a worker’s salary is not ridiculously low compared to the mass, leave it. fight for minimal increment for the sake to expand “wealth” is silly. fight for “acceptable living allowance” sounds better to me.

bonuses and director fees are different altogether.

By: mryang

mryang — Mon, 08 Oct 2007 08:19:44 +0000

T_T I’m not a wealth accumulator… /wrist…

By: admin

admin — Fri, 31 Aug 2007 05:30:47 +0000

Masindi, you can take the market value of that condo, say S$650k as part of your assets. BUT you also have to include the mortgage balance – what you still owe the bank – as part of your liabilities.

By: Masindi

Masindi — Fri, 31 Aug 2007 00:50:30 +0000

If you bought a condo that costs S$600k but have not fully paid for it, can you use that S$600k as part of your net worth or asset?