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85k a mth for family of 4

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  1. #61

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    Sorry I didn't read all the posts, so if I repeat or missed something, plz forgive me.

    to OP, I will have to agree with DeletedUser. If the main motivation at this point is money. I'd say, stay in Singapore.
    Ur wife's health is far more important and the schooling issue for your kids will make ur hair turn white.
    But if it's more then just the money, if this is a way to fast track ur career, so u can make MD faster here then u would staying in SG, or ur dying a slow death at ur current job... It's tough choice. Talk it over with the mrs. and work on a plan B.
    Plan B might be like, if it doesn't work out...your family goes back within 12 months, and u start communting after that as mentioned by others until u can find an even better job in SG.
    Good luck

    Open Casket likes this.

  2. #62

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    Jun 2015
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    Quote Originally Posted by Just8in:
    Thanks Pandarin! Yes I have looked at SIS, maybe I assumed wrongly but don't we need a debenture even if Singaporean? Would you be putting ur kids to pre school there too?

    Also sorry for the questions, but would your spouse be also stopping work and trying to find work there in HK? As for the option when you come back, does that take into account she may have to find work again too?

    Thanks and I am really happy to find someone going through the same situation as me so I can understand your thought process as well!
    Yes you'll need a debenture but if I'm not wrong it's something you will get back when your child stops schooling there. For long term education I think it'll be a good investment. I am considering to register my son but he's still too young to enter. Minimum age is 4.

    I'm probably in a slightly better situation in that my husband is a freelance designer so he can work from home anywhere, but indeed he will have less time to work given that the kids will be around more often. Currently they are both in full day childcare in SG. Plus we got to spend more on rental because of the additional space we need for his home office.

    Yes, it's really good to find someone in a very similar situation! When will you be moving if you take up the job offer?

  3. #63

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    Quote Originally Posted by Mat:
    Well they could live in DB....no crowd...beaches...mountains etc etc...
    Yes, and it is only 15 minutes to the office in Central, door to door.
    jmbf and Enderman like this.

  4. #64

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    Original Post Deleted
    For the record i PM bibbju and told her that she should post what she wanted to post.

    You should reallly grow up.

  5. #65

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    Jun 2015
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    Quote Originally Posted by Pandarin:
    Yes you'll need a debenture but if I'm not wrong it's something you will get back when your child stops schooling there. For long term education I think it'll be a good investment. I am considering to register my son but he's still too young to enter. Minimum age is 4.

    I'm probably in a slightly better situation in that my husband is a freelance designer so he can work from home anywhere, but indeed he will have less time to work given that the kids will be around more often. Currently they are both in full day childcare in SG. Plus we got to spend more on rental because of the additional space we need for his home office.

    Yes, it's really good to find someone in a very similar situation! When will you be moving if you take up the job offer?
    It should be Sept or Oct earliest I think. For me now, the priority is to figure if the pollution is really that bad because if it is, there really isn't much more to consider. If the situation is somewhat exaggerated or can be managed, then it's about finding school places for the 2 boys. Lastly it would be the money, I am beginning to think that the right expectations is actually to not expect any savings or even eating into my savings for at least 2 years. Not a great situation but that may be the price to pay for that promotion and funnily enough, the least of my 3 concerns now (health, education, money - in that order). So when are you going and where you planning to put up?

    Hurtmesome, I think at the end of the day, the plan is to retire earlier or get to the financial independence stage earlier. To me, title and position is not that important and you are right, isn't it just about making sure the family is happy and healthy? Making MD doesn't mean much when everyone is unhappy at home or worse , sick all the time.

    All, thank you for your inputs and candid sharing so far. It has really helped!

  6. #66

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    Jun 2015
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    Quote Originally Posted by Just8in:
    It should be Sept or Oct earliest I think. For me now, the priority is to figure if the pollution is really that bad because if it is, there really isn't much more to consider. If the situation is somewhat exaggerated or can be managed, then it's about finding school places for the 2 boys. Lastly it would be the money, I am beginning to think that the right expectations is actually to not expect any savings or even eating into my savings for at least 2 years. Not a great situation but that may be the price to pay for that promotion and funnily enough, the least of my 3 concerns now (health, education, money - in that order). So when are you going and where you planning to put up?
    I'm sure air quality is worse compared to SG, but there are also plenty of kids who grow up healthy in HK so honestly I'm not too worried about it. Some friends who have lived in HK before also tell me it's not that bad.

    I'll likely move towards end Aug and starting work mid-Sep. The Hung Hom and Olympic areas seem quite promising in terms of schools and rental budget. Olympic seems more expensive so will have to settle for smaller space...

    I've been emailing some international preschools around these areas and most seem to be full. Hopefully when we are physically there we will find one or the other international or local school that still has some places left. Otherwise the alternative is to attend some enrichment classes and tide us over until some places open up. My boys are 2.5 and 1.5, so I guess while school is important, it's not top top priority at their age.

  7. #67

    Join Date
    Jun 2015
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    1

    Hey Just8bin,

    We've shifted here recently and here's what I think you could be looking at (or consider) across the areas you outlined:

    30K Rent (3bdr around Taikoo) - closer to HKD35K
    15K Education (2 preschoolers) - 15K to 20K at SIS (there is a small subsidy for SGers)
    5K Groceries - possible but no luxuries/extravagance
    3K Transport - possible even with occasional taxi rides (esp when for four)
    5K Health/Clothes/Entertainment - possible, but I would recommend that you try negotiating for full health insurance for your family
    4K Weekend Trips (1-2 times whole family) - could be less, but then again, could be more if for overseas trips
    1K Internet / Phone / TV - possible
    2K Utilities - could be less
    5k Helper - may not be necessary if your wife is not working (and you'd be surprised at how small your flat is anyway)
    2k MPF - I think this is capped at 1.5K
    10k tax - with the rental concessions, it should be a lot less than 10K

    also, I think you need to make a decision without assuming that your wife will be able to find a job here...

    oh and as for school, I think SIS is not any better than any of the better government schools in SG

    Last edited by meeper; 23-06-2015 at 09:37 PM.

  8. #68

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    since when I've become a bully, please enlighten me? You don't need to defend bibbju, I'm sure she's completely capable of doing it on her own.

    Mat likes this.

  9. #69

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    Quote Originally Posted by gunsnroses:
    since when I've become a bully, please enlighten me? You don't need to defend bibbju, I'm sure she's completely capable of doing it on her own.
    He has an issue w me, not u, no worries


    Sent from my iPad using GeoClicks

  10. #70

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    Hey! Door to door!!


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