BiscottiGelato

回復 59# fibbi

What I am saying is that this is not true.

For the same job and same quality of living, you'd end up saving more money here than in HK.

If you are saying people here tend to be willing to spend more to get a higher quality of living and thus save less, then that's not even an Apple to Apple comparison.

Putting it into more extreme example to get the point across. It's like saying if you buy a Ferrari you'll save less money than buying a Civic... DUH!

fibbi

回復 61# BiscottiGelato


    I disagree. As I mentioned, I"m not talking about same job. Even same job, one can get pay differently in HK than here. Nor I'm comparing quality of life either...we always have better living environment. Clean air-priceless.

I'm just talking about with same take home pay, after basic expenses, one can end up save more in HK, just because clothing, food, and transportation are cheaper (assume one spend same $ on rent). Even with the same take home pay, there is sales tax on top here as well. How can we actually save "more" here? And of course, in HK you always want to save, because medical expense could be huge, if you don't want to rely on public health care. Here we just have no choice but to enjoy the free health care.

BiscottiGelato

回復 62# fibbi

Of course with the same take home pay, you go a lot further in HK. With the same take home pay, you can live like a king in mainland China compare to even HK. What's the point of such comparison however? Doesn't help identify which is a better place to grow your nest egg or start a family, etc. You'll probably need to be a supervisor/manager at a bank in HK to make the same as an entry accountant here. It's like comparing apples to oranges...

The comparison will only be any useful/meaningful if it's the same job, with location being the only variable. Then we can see how location difference alone will impact quality of living and level of savings.