What do we call people who want everything for free?

I just wasted half an hour of my life talking to someone on FB.

There are some people who have difficulties despite their best efforts to make ends meet. 

They might be handicapped in some way.

So? What to do? 

We should help these people.

However, there are those who are physically and mentally whole but are complaining day in and day out. 





These are usually the ones who keep asking why must they pay for this and why must they pay for that?

They want free education.

They want free transportation.

They want free medical attention.

They complain until sometimes I run out of patience.

Wah! A poem? 

Not bad, AK!





We are familiar with the saying "there is no free lunch in this world". 

If lunch also cannot be free, how can education, transportation and medical attention be for free?

Hey, AK. Why not? 

In some countries in Europe, really got such free things!

Alamak! 

Then, AK is the stupid one lor. 

Cham liao.

Please lah. 

AK not stupid.





Free education? 

Do these people think that the lecturers and tutors work for free? 

Do these people think that books grow on trees and the libraries are manned by altruistic house elves? 

Do these people think that the lights and machines are powered by magic and water flows clean and freely from Mount Faber?






Please lor.

All these have to be paid for.

If we wish to enjoy something, we have to pay for it. 

If we got it for "free", someone else is paying for it. 

Providing subsidies for financially struggling families is the caring thing to do but if we are not financially struggling, don't cry father, cry mother. 

Pay up!

What? 







We are financially struggling because we must pay for our car, our maid, our twice a year atas family vacations etc.?

Alamak, so, those tax payers who don't have a car, who don't have a maid and who don't go for atas vacations must subsidise our lifestyle, is it?


佛都有火.

So, what do we call people who want everything for free?

Related posts:
Do you need or want assistance?

Worried you won't live to enjoy all your CPF savings?

Added (20 Jan 17):
Reader says:
I was talking to my colleagues today about CPF life.

They are very concerned about the payout starting at 65 and they not being able to live long enough to fully draw out their CPF money.

I tried to explain that they might outlive the $166k and receive free income for life, but they are skeptical that they will live beyond 80+...






AK says:
I rather have the assurance that I won't be old and destitute than worry about whether I would be able to enjoy all my savings before I die... chances of us living past 85 are quite good.



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A reader's questions after reading a recent blog post of mine:

My reply:
Hi iwimsasl,
If we do not believe that having an annuity is a good idea to help fund our retirement, then, this is probably a bother. 

However, if we believe that an annuity is a good idea, then, there isn't a better annuity offer than the CPF Life out there.





CPF Life is meant to start paying out at age 65 but we can choose to defer the starting age till 70. 

The benefit is that the payout will be bigger monthly because the CPF-RA funds will have another 5 years to accumulate. 

Allowing earlier withdrawal would translate to a less meaningful monthly payout which is why it is not a good idea.




Will the minimum age be raised from 65 to 67? 

I don't know but I don't think it is a bad thing if it should happen.

It would probably mean that Singaporeans are living longer and we would receive larger monthly payouts because the accumulation period is longer.

See: 
Upsize $100K to $225K?

Insurance is about transferring risk and also the sharing of risk. 

Annuity is an insurance. 





For having the certainty of a basic level of lifelong retirement funding in my old age, I think bearing some cost is reasonable. 

What if we happen to be blessed with longevity? 

It could happen and insurance is about guarding against what we cannot foresee.




Very often, the preoccupation with trying to get back some money from buying insurance after X number of years leads many to overpay for insurance. 

This is probably why so many are under insured or pay too much to be adequately insured.

Know which insurance products are essential and get the best value for our money. 




I believe that an annuity is essential and as an annuity, CPF Life gives me the best value for my money.

FB (31/12/16)

...





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1. Mom stunned by what happened to her CPF-RA!
2. Retirement funding for our parents.
3. Funding XX% of our retirement with CPF.