Friday, 19 August 2016

Changing Demographic

Do you feel that the middle class is being squeezed nowadays?

The wealth distribution and demographic is changing.

The Changing Demographic


Most of the parents would always encourage their children to study hard so that they can get into a university, have a good degree in order to get a good job as a profession (such as engineers, accountants, architects or even doctors). Hence the current demographic makes up of mainly middle class. But do you realised that the middle class is shrinking?

Take for example inflation rate. Cost of living has increased tremendously. A cup of coffee, used to be only 70cents or 80cents a few years back. Now, it is at least $1 to $1.20, almost a 50% increased.
Next is housing, a 4 room HDB flat cost about $250k about 10years back. But now, you will need at least $400k to get a 4 room HDB flat. Almost a 100% increased in housing price.

Are you starting to feel the crunch like the guy in the video below?



What will happen if you choose not to do anything about it?

Where do you want to be in the future when the demographic changes?

You have choice! Do what is right now and be prepared for the future. Start searching for a new piece of cheese before the existing cheese runs out.

Work Smart not work hard! Be an Entrepreneur!

Because only by being an entrepreneur you will be able to gain the ownership of your life.





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