This article was first published on DollarsAndSense.sg
This article is unlikely to be relevant for most people in Singapore. The fact that you have clicked on this article is not because you are interested to buy a Ferrari. Rather, you are curious to find out how much a person really needs to earn in Singapore before they can comfortably afford a Ferrari without over stretching on their finances.
As a website, DollarsAndSense.sg have always been advocating on financial prudence when it comes to how we spend our money. We too were curious on how much is needed before someone can buy a Ferrari in Singapore, and yet continue to stay within the spectrum of financial prudence.