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MY COST OF LIVING TO INCREASE WITH HOTTER WEATHER!

Dear readers, in recent years, the cost of living in Singapore has become higher and I believe many of you would have agreed with me.

For myself, indeed, I have spent more on daily basic necessities as per what I have gleaned from my daily expenditure spreadsheet.

With hotter weather these days, I am budgeting for a higher spend on my utilities, arising from higher usage of electricity for air-conditioning and water.

Nights without air-conditioning these days is also unthinkable as my skin will itch and I will sweat if I were to off my air-conditioning.

Also in the past, I do not have the practice of switching my aircon on during the day. But I have to switch on the aircon these days as it has become very stuffy and humid at home without aircon in the day.

Air-conditioners are electricity guzzlers and hence I believe I am going to see higher electricity bills these months.

Same goes for my water bills: I have been drinking more and making more ice cubes to cool down water. As I use an electric kettle, the electricity used will increase as well from more use of the electric kettle.

Airconditioning seems a basic need for us in this hot weather, hence I will reckon my expenditure on air-conditioning as spending on basic needs!

That’s it for my insights today.  I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!


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