Introduction

SINGAPORE: A couple's heartfelt post on social media reveals the difficult reality many families in Singapore face regarding the decision to expand their families in the midst of soaring living expenses.

The Financial Struggle

A Reddit user recently shared that he and his wife earn a combined income of S$10,000 monthly, yet still find it challenging to consider having a second child, primarily due to the relentless rise in prices across the board.

Living Modestly

Currently, they have a 4-year-old daughter, but the increasing costs have made them hesitant about expanding their family.

The Sandwich Generation

Identifying as part of the 'sandwich generation,' he mentioned that they also have financial obligations toward their aging parents. 'Even with our salaries above the median in Singapore, the economic strain is palpable,' he wrote.

Seeking Support

In a quest for support, he turned to the online community, asking, 'SG parents, are you feeling the pinch of raising kids with the high cost of living?' The response was overwhelming, with many Singaporeans echoing his struggles.

Shared Experiences

Responses poured in from others in similar situations. One couple, with a take-home pay of S$16,000, confessed, 'We cannot afford a second child, and we’re exhausted as it is; my child's the same age as yours.'

Rising Anxiety

Another Redditor, who is currently pregnant with a combined income of S$11,000, expressed anxiety over impending expenses for healthcare and potential childcare help, stating, 'We are stopping at one child. If I have a sickly baby, we are pretty much screwed.'

Frustration and Responsibility

Many commenters shared that the burden of supporting both young children and aging parents had left them under financial strain, with sentiments of frustration and overwhelming responsibility echoing through the thread.

Societal Impact

One user succinctly put it, 'When our parents do not plan their retirement properly, it’s the kids who suffer.'

Coping Strategies

This plight isn’t unique to this couple as discussions around coping strategies to handle rising living costs have become increasingly common among Singaporeans on platforms like Reddit.

Cutting Back on Luxuries

Many have resorted to cutting back on small luxuries—such as daily coffee or gourmet meals—and have cancelled memberships for gyms and online services that don't get used often.

Conclusion

The alarming truth remains: as the cost of living escalates relentlessly, young Singaporean families are grappling with the bitter choice between nurturing their current children or expanding their families, leading to a broader conversation about financial literacy, parental expectations, and the future of family life in this bustling city-state.