| Real Life Strategies for Building Wealth

cost of living

‘Well, I’ve been trying to get my spending in check, but it isn’t easy. Everything has been getting so much more expensive.’

This is what a friend of mine told me the other day when I was telling her that she ought to be able to save.

I’d had the same feeling; it seemed that the cost of living is increasing. Why am I telling you that I’ve had the same “feeling”?

Because I spent most of my life not being interested in what things cost and not being able to remember any prices.

Obviously, I don’t have long term records of prices either: my records go about four years back.

Still, even looking at four years I can tell you that in ALDI things cost more. Look at this (sorry, this is a bit of a random selection but still makes the point):

Cost 2010 Cost 2014
Butter £0.85 £0.98
Pears £0.59 £1.29
Yoghurt £0.49 £0.85
Peppers £0.59 £0.89

 

So you see, take four random things we’ve been buying in the same shop and in the last four years the prices of all have gone up; some more than others.

I don’t need to tell you that the wages have not been going up; not even keeping up with inflation – we (our government) decided that this will be people’s sacrifice on the altar of economic recovery.

The Gods are not listening: maybe they don’t like the sacrifice.

While wondering by how much has the cost of living increased, a message by a guy who spent sometime researching the matter and designing this infographic drop into my box. I had a look and I liked it; so decided to publish it for you.

Like the infographic, not what is happening to the prices of everything around.

It is true, the cost of living has been going up: from your food and the drink in the pub to education and transport.

Have you noticed a change in your living standard? How are you coping?

 

photo credit: Nina Matthews Photography via photopin cc

Being British: Are Your Costs Escalating – An infographic by the team at vouchercloud