Yes, many. Rent is 3% of your salary and you don’t believe that that automatically grants you far more buying power than others?
You will never have to make the choice of paying for treatment or food, and retailers and insurers see this as a stat they can bank on to jack local prices.
Of course it grants me more buying power, but that doesn’t mean I’m using it. 80% of my income goes to savings, my lifestyle is no different to my next door neighbors, for whom the 20% I do spend is all they have. The only difference is that for every month I work, I can retire 4 month early.
Yes, many. Rent is 3% of your salary and you don’t believe that that automatically grants you far more buying power than others?
You will never have to make the choice of paying for treatment or food, and retailers and insurers see this as a stat they can bank on to jack local prices.
Of course it grants me more buying power, but that doesn’t mean I’m using it. 80% of my income goes to savings, my lifestyle is no different to my next door neighbors, for whom the 20% I do spend is all they have. The only difference is that for every month I work, I can retire 4 month early.