3 in 5 S’poreans live paycheck to paycheck: report
MSN

More than a quarter also work multiple jobs.

Three in five workers in Singapore, or 60%, lived paycheck to paycheck in 2024, surpassing the APAC average of 48%, according to ADP’s People at Work 2025 report.

More than a quarter, or 26%, held multiple jobs to cover basic expenses, manage additional costs, or save for retirement. Some also cited the need to gain work experience or fund education and training as reasons for taking on extra work.

Others reported working multiple jobs to support dependents or due to a lack of available full-time employment, the report said.

“Nearly two-thirds of people who hold three jobs still struggle to make ends meet.This presents an opportunity for employers to take a more holistic approach to compensation to help workers navigate the higher living costs of today’s global economy,” Richardson Nela, chief economist at ADP, said.

ADP surveyed 38,000 workers across 34 markets worldwide.

5 out of 5 Malaysia live paycheck to paycheck

7 out 5 live beyong paycheck

Don't compare we are like shit

This post has been edited by rcracer: Jun 8 2025, 09:05 AM

i thought only malaysia is the most expensive country in the world, how can SG 1:3 be any worse??? /s

That 3 out of 5 are Singaporeans or they included those foreign workers?

Are there any days for Malaysia, just curious

do you know why locals are living marginally?..
the other day i wanted to buy a phone... after calculating, it's cheaper to buy via a 24 mth instalment plan than ay by cash for 24 mth!!
seriously, paying cash has no value and which government agency involved should look into this CRAP of businesses

This post has been edited by KenM: Jun 8 2025, 09:36 AM

At least SG people try to come out of poverty. I know some Malaysians love living in poverty. I think they are far beyond paycheck to paycheck at this point.

Meanwhile in malaysia some people just hide under blanket and laugh hysterically when forbes publish the yearly top 50 richest in the country.

everyday i kena ads that encourage those people living paycheck to paycheck to take a loan, paylater, to go jalan jalan, vacation

It’s Singapore workforce so include all. This is global report la. Won’t purposely exclude true Singkie or not

https://www.thevibes.com/articles/news/9966...er-month-survey

https://www.malaymail.com/news/malaysia/202...-paycheck/71517

This is just your prespective. It is more profitable to lock you for 24 months to the same bank and telco operator albeit to sell the phone at slight discounted price,

well as long as they are happy living that way. They voted to be the happiest people. Just like Lapsapji, survey results is Everything. It's the truth.

Going under cover now n laugh..

i did the same with buying tyre replacement for my car... online purchase with installment, still cheaper than walkin and pay cash!.. i still don't know why! 😔

Also phone can sim lock to that telco.
Even selling the phone also useless.

What paycheck to paycheck? Last month's SGD500 CDC vouchers already used up d?

Not 3 out of 10 Sgporeans are millionaire?

Thinner margins online. Follow the flow and our pockets will thank us for being a smarter consumer.

SG never cover up. While MY kaki cover up. Mencuri depan mata dengan video sekali dalam YouTube pun tak nampak. LoL.

Everyone living paycheck to paycheck.. only selected few can live without monthly paycheck

but but ktards always said chicken rice so cheap, how come live paycheque to paycheque?

Average people are supposed to live paycheck to paycheck.
Look at wild animals in the jungle, they hunt, they eat, they don't save their food for long term.

The cruel truth of wealth pyramid

Believe similar proportion numbers of people living paycheck to paycheck including this country.

They include house they own to classify a millionaire

Well one can own a 1mil HDB but struggle to pay 5k mortgage hence paycheck to paycheck

tell me which countries dont hv people living from paycheck to paycheck

they will drag religion into it saying it is their teaching - jgn tamak, cukup cukup dah
pemalas always got excuses

38k represent 6mil population...

if the 38k they ask 50% is working as maid, construction ah neh?

Janji ada BNPL...owai

Many Mesian malas to kerja, not even #2kerjs

Waiting bantuan dedak je owaii

All survey are random and pick respondent until achieve minimum sample size that’ll give 95% confidence I.e, 5% margin of error.

This is global survey some more. Any hanky panky will tarnish ADP image

They also need million for expenses.

Found latest one for Malaysia - even more detailed

Malaysian slightly better - 53%

https://ringgitplus.com/en/blog/wp-content/...rvey-Report.pdf

yes, so is it accurate need to see how huge is the size, how they take there survey, where they take the survey, when they take the survey, etc
if the survey company dont understand the culture, the result will be very biased

just give you an example,

a global survey company took a survey from 35k ppl at Masjid Jamek, the finance district of msia during 1st day of Hari Raya
The result show that, 90% of the ppl work as low-cost labour in construction and factory

AI Overview

In 2023, about 6.6% of Singapore's population were millionaires. This translates to over 333,000 millionaires, making up 0.6% of the world's millionaires. The report also indicated that Singapore has the second-highest proportion of millionaire adults in the region, with 7.5% of adults being millionaires, just behind Australia. By 2030, it is predicted that Singapore could have 13.4% of its population as millionaires, surpassing Australia and Hong Kong.

3/5 ? sure boh should be lower bah.

Also why this news doesn't come out before election ? lol

In 2023, Singapore had over 333,000 millionaires, a figure that has been rising. This represents a significant portion of the adult population, with approximately 7.9% being millionaires.

By 2030, projections suggest that this percentage could increase to over 13%.
https://www.straitstimes.com/business/s-por...onaires-in-2023

in 2022, Malaysia had approximately 85,126 High Net Worth Individuals (HNWI), defined as those with net assets exceeding USD 1 million. This number is projected to double to 164,839 by 2027, according to a Knight Frank report.
https://www.orissa-international.com/busine...double-by-2027/

ya 61% malaysian cannot even come up with RM1000 emergency fund. this is dire situation dy. we are more shit when it comes to financial management

Singapore is always rank low when it comes to media freedom of speech. Not surprising gomen control tight their press. Even M’sia rank is higher

At least their income power 7x frm us

What the report tell is you earn $10k and spend $10k…or more

11 out of 10 malaysia living in cards debt

Well every one is struggling la. It's like saying all Chinese in malaysia are rich.

Nah full report. Refer slide 22 on how they random gather their data. Pretty comprehensive their study. This is from a NASDAQ listed company

https://www.adpresearch.com/wp-content/uplo...W2025-Final.pdf

Come 2027 when RTS is operational, they can always stay n spend in JB, work in SG, rent out their SG house. Problem solved.

just only 1 page, you call this details
this is the same thing claim SG as the most expensive city in the world, just bcos you put private house price and car in.
Which majority stay in HDB and the gov make car expensive to encourage public transport...

Impossibru.....when they have came to Malaysia to shop.

those 7 out of 5 is because they decided to have 10 kids, and hope to send them to boarding school for free subsidy, while they take care of the younger ones.

ayamz thought nerako kecik senang di usus?.

Which living cost study in the world only include government flat and exclude others? Very skewed like that

If this is really sinkies workers, PAP would have already be overthrown. Not won by a huge mandate. Kek.

Relax. Paycheck to paycheck could also mean they earn $20k and spend all $20k.

well atleast sgd pay

starvation ? no.

overspending .yes . singapore is a highly materialistic country. if you wants to own expensive stuff, you make your choice.