I’m sharing a viewpoint that might make you uncomfortable.
Despite all the talk about cost of living, Australians today have roughly double the purchasing power we had 60 years ago.
So if that’s true, why is everyone struggling to get ahead?
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Have something to add to this discussion? Share your thoughts in the comments below.
This article explains why being ‘priced out’ is mostly fear-driven hype – and how good financial habits give you the freedom to buy when it suits you (even if prices keep rising).
I just made one of the biggest changes to my investing strategy in a long time. I expect it to make a seven-figure difference to my retirement balance.
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Thanks for sharing, it’s definitely worth keeping in mind that while life IS getting more expensive, our standards of living are the highest they’ve ever been.
Yes – that’s the balance and seemingly opposite ideas people struggle to hold in their mind at the same time.