It is going up and up and until when can we live like this?

The price of petrol here in Singapore has seen an increased of more than $0.50 from the last two months and I think most Singaporeans are feeling the heat now.

With the price of rice also increase, we are looking at paying a higher price for the two most important things in our life.

If this trend is not going to change any sooner, I think most of us will not have enough to survive here. I just can’t imagine paying $2.50 for a litre of petrol and $20 for a 5 kilo bag of rice. What will happen to us if this trend really continues for the nest 1 or two years?

More and more people here will suffer with the price of living here is already very high comparing to the neighboring countries and maybe more and more people will just opt to go bankrupt because it’s hardly enough to pay for all the living expenses here plus loans that most of them are servicing every month.