Singapore Man Gives Up Car to Save More Than S$2,000 a Month
Published
A Singapore resident has shared how giving up his car has helped him save a large amount of money every month. According to a report by CNA, he decided to stop owning a car to reduce his spending on transport and related costs. Many people in Singapore pay high expenses for vehicles, so his choice has drawn attention from readers.
In Singapore, owning a car can be very expensive. Car owners often pay for the vehicle itself, insurance, fuel, parking, and maintenance. The Certificate of Entitlement, which allows a car to be on the road for a set period, is also a major cost. Because of these expenses, some residents are choosing to rely on public transport, such as the MRT and buses, along with taxis and ride-hailing services.
The report says that the man saved more than S$2,000 each month after he sold his car. The available information is limited, and the article did not provide full details of his daily routine or how he now travels. However, his experience shows how some people are reconsidering the need for a private car in a city with a strong public transport network.
The full report is available on the CNA website, where readers can learn more about his story.
Sources: CNA
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