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Old 3rd Nov 2022, 09:17
  #985 (permalink)  
TimmyTee
 
Join Date: Feb 2018
Location: Brisbane
Posts: 343
Received 24 Likes on 13 Posts
If you think that inflation is "only" 6ish%, maybe have a rethink at what your personal inflation is tracking at for the year.
News.com.au have a calculator that lets you plug in a few variables to see what real inflation rate you're personally looking at - as a fairly modest, healthy-ish living person, I'm looking at 11%. Throw in a few additional things like child care and smoking or going out often and this sky rockets.
https://www.news.com.au/finance/mone...bc66b721c17346
(scroll about halfway down the article for the calculator)
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