25-12-2012, 01:56 PM
(25-12-2012, 12:57 PM)Greenrookie Wrote: [ -> ](25-12-2012, 12:45 PM)safetyfirst Wrote: [ -> ]Hi MW, i admire your wife for not demanding a car when you can afford to. Not many woman nowadays can see the long term benefits of saving; the short-term comfort of having a car seems more important than building a retirement nest egg.
My comments would probably sound like sour grapes by the upper income families but i think it is good to stick to a frugal lifestyle. It is almost impossible to give up the car if you have gotton used to it for like 3 or more years.
Yes, I would very much like to give up my car has it not been my wife. I have been dropping hints and ideas to her that that the 1k we spend every month can be put to better use and that its too much to pay for convience. My wife always say, after a few years, u will not be able to get use without a car, but I felt it has never been a issue with me, I grow up a frugal person and if my wife agree, I can sell my car tomorrow. I think she is getting it after my nagging... She agreed that it might not be necessary when our kid is older. It's those who are used to a car since they are a kids that find it difficult to get rid of a car. When I send my car for servicing, I take the bus and mrt instead of taxi, and I enjoy the ride looking out of the windows and staring into space...
Obviously i am a supporter of COE, if you happen to follow my posting by chance.
Much have been said, let me add-on
I gave up driving, and have a new-born baby. Yes, it is quite in-convenience to move around with a baby in pram, either in MRT and bus (during peak hour). I did opt for taxi during peak hour, it worked but taxi is always not around when you need it most , luckily action been done recently to address it.
If COE ever make people consider giving up car ownership to save up the expense, does it indicating that it is working?
There are comments saying COE adds extra cost into business operation. Well, if goods been stuck in traffic jam, and not able to deliver on time, will it cost more to business operation?