Most people often assume that if someone earns more, then he or she is likely to be financially stable and able to get through hard times without much fuss.
If this is true, then high-income earners should be having an easier time during this coronavirus pandemic while those who don't earn as much would need to tighten their belts.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you