Read? How Do We Know Or Feel The Financial Impact/Burden Of Yearly Inflation After Two Decades Of Inflation???
Beware of inflation, inflation and inflation!
It is what financial planners and bloggers have been chanting on preparing for retirement!
Looking at Uncle8888's own past 16 years of data points since 2002; not sure why it didn't match up any closer to inflation theory.
May be he needs more data points in the next one or two decades to finally see the financial impact/burden of yearly inflation!
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Look like higher discretionary household spending can mask out the impact of inflation.
ReplyDeleteEarn more, save more, and invest well to support a bigger family size and you are on your way to a good retirement planning i.e. down sizing of family size during retirement phase. :-)
ReplyDeleteCan retire earlier with no kids kekeke!!! LOL!
DeleteJust saw Jos Teo comment of govt helping couples to be "baby ready" LOL!
The problem for young people today is how to afford more than 1 kid --- coz they all want "best" enrichment classes, CCA's, ECA's for their kids, haha!
Most of my neighbours' kids within +/- 1 floor of me are single child.
Seems like if household income <$10K many not willing to have many kids...
It's a 2-prong question of earnings & govt/society narrow approach to good life ;)
Hi uncle 8888,
ReplyDeleteIt may be you are frugal by nature and plan, adjust your expenses profile with the financial situation, e.g. tighten belt to adjust to bigger outlays.Nonetheless an interesting dataset to ponder on. Thanks for sharing.
ivan
Uncle 8888 is ant. Plan and execute.
DeleteTry telling grasshoppers to do that? Heh
Grasshoppers will not listen to Ants and don't see eye to eye too.
DeleteIt is okay for sole grasshoppers but not so okay for grasshoppers with dependents and don't plan ahead
ReplyDelete