Comments on: Is it Possible to Live in Singapore on $1,000 a Month? http://splurgingonfreedom.com/singapore-life-1000-a-month/?utm_source=rss&utm_medium=rss&utm_campaign=singapore-life-1000-a-month Early Retirement on a Modest Salary Thu, 04 Jun 2020 05:07:58 +0000 hourly 1 https://wordpress.org/?v=5.7.14 By: Liz http://splurgingonfreedom.com/singapore-life-1000-a-month/#comment-1203 Wed, 03 Jun 2020 09:11:34 +0000 http://splurgingonfreedom.com/?p=2956#comment-1203 In reply to Backpack Finance.

Hey! Thanks for your opinion and for stopping by 🙂 I agree with you on this – it’s more of a last-resort kind of thing. In case I hate my job too much and need to leave before early retirement, at least I still have options. I wrote in another post of mine that I would much rather stay in a studio apartment and pay more 🙂 Singapore’s real estate and private transport is extremely expensive, but the rest of it is quite manageable.

Geo-arbitrage is something I’m considering, but I need to factor in the opinions of my girlfriend as well. She enjoys her job (and the awesome, steady paycheck) as a civil servant, and she’s not willing to quit anytime soon. So unfortunately, I can’t leave without her. I’m still in the midst of trying to convince her to take the leap to retire early though. Being able to live on $1,500 like a queen sounds awesome! 😉

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By: Backpack Finance http://splurgingonfreedom.com/singapore-life-1000-a-month/#comment-1201 Tue, 02 Jun 2020 11:05:28 +0000 http://splurgingonfreedom.com/?p=2956#comment-1201 Honestly, I don’t think I would be able to live in shared rooms like the ones in the post. It’s far beyond what I’m willing to do. Not worth it in my opinion but to each his own. I haven’t been to Singapore but it does have a reputation for being pretty expensive.

Just wondering, have you considering geo arbitraging as an early retirement strategy? You could live a wonderful life in other places in South East Asia and even certain regions in Europe for $1,000. If you go up to $1,500 – $2,000 you could probably live like a queen 🙂

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