I was at a foodcourt just now and ordered a cup of ribena. It is shocking to find out that it actually cost $2.20 just for a small cup of ribena.
Imagine the profit margins that the drink stall is earning!
$2.20 could have bought me a thosai and a cup of coffee for my morning breakfast and I would still have change to spare.
The cost of living in Singapore is definitely going up.
I am pretty certain that many years ago, $2 could have bought one a plate of chicken rice. Now, it won't even get you a cup of Ribena.
I shall keep this entry in here as I would like to look back at this posting maybe in 20 years time and see how "cheap" ribena was then. I could then lament to my children and tell them that things used to cost so cheap then.
One can only imagine what the price of a cup of Ribena will cost in twenty years time.
Anyone dares to make a prediction and we will see who gets the closest price in twenty years time?
This blog is about financial freedom and serves to inform, educate and entertain the public on all personal finance matters. The author of this blog has been blogging for 5 over years. He was also a guest blogger at CPF's IMSavvy site (now AreYouReady site). This blog is visited by many unique readers from various countries every month. Do bookmark this blog and leave your comments.
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Hi FF,
ReplyDeleteDue to the nature of my job, I usually do not drink sugared water. I bring my own bottle of plain water with me. Even if I'm at student's house, I usually ask for a good 'ol glass of chilled water. Besides really quenching your thirst, you can save a lot of money. Typically to the extent of 50% of your lunch budget.
I mean don't deprive yourself of a good ribena if you had a hard day. It must suit your lifestyle, haha
Yep,
ReplyDeleteDrinking plain water is so much healthier than drinking sugared water.
Hopefully I can stop drinking sugared water too.