Yearly household expenses have been seen to be reducing since after retirement in 2016.
Spending lesser???
Lower inflationary impact???
Trust but verify - SMOL
Coming CNY in 2020 is the first time Uncle8888 will be spending zero cent on his three children's CNY new clothing. LOL!
All his three children are on their own now supporting themselves.
They have also taken over expenses like medical insurance premium and mobile plan payments into their own personal account.
Sometime; they also pay for meals. Mother day, mummy and papa birthday dinner are covered by them.
The statistical data is 100% accurate from Uncle8888's bank account; but it just didn't capture those expenses due to cost transfer to his children
When we read statistical data presented to us; we have to be mindful; unintentionally it may not present the whole picture!
Hmm ..like CPF numbers presented by those few bloggers??? Ha ha!
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Trust, but verify
ReplyDeleteTrust, but verify is a rhyming Russian proverb. The phrase became internationally known in English when used by President Ronald Reagan on several occasions in the context of nuclear disarmament discussions with the Soviet Union
https://en.wikipedia.org/wiki/Trust,_but_verify
Wah! Didn't know. Thank for the link
ReplyDeleteYour expenses trending lower...
ReplyDeleteCW,
ReplyDeleteLOL!
I think you have become one of the 2 dots in the Tao symbol in the community ;)
:-)
Delete