Singaporeans Try: Adults Live Off Their Secondary School Allowance For A Week

TheSmartLocal9 minutes read

The speaker reminisces about their secondary school days, highlighting their budgeting challenge where they tried to survive on their allowance for a week, facing unexpected expenses but ultimately learning valuable lessons about managing finances.

Insights

  • The speaker's experience in secondary school was characterized by financial challenges, leading them to engage in a budgeting experiment that tested their ability to manage expenses efficiently.
  • Despite meticulous planning and frugal choices, unforeseen costs disrupted the speaker's budget, underscoring the importance of flexibility and adaptability in financial management.

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Recent questions

  • What was the speaker's favorite time in life?

    Secondary school

  • Where did the speaker splurge during secondary school?

    Starbucks

  • How much was the speaker's weekly allowance in secondary school?

    Around $50

  • How did the speaker save money during their challenge?

    Packed food from home

  • What unexpected expenses caused the speaker to exceed their budget?

    Doctor's visit and treating friends to dinner

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Summary

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Thrifty Challenge: Surviving Secondary School on $50

  • Secondary school was a favorite time for the speaker, who found it a flourishing period in their life.
  • The speaker's only splurge in secondary school was at Starbucks, where they could focus on studying.
  • The speaker's weekly allowance in secondary school was around $50, with additional money from their grandmother.
  • They embarked on a challenge to survive on their secondary school allowance for a week.
  • To save money, the speaker packed food from home, like leftovers, for meals.
  • They strategically budgeted their daily expenses, including transportation and meals.
  • The speaker exceeded their budget due to unexpected expenses like a doctor's visit and treating friends to dinner.
  • At the end of the challenge, only one participant managed to stick to their budget and received a surprise reward.
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