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The Cost of Living Crisis Isn't What You Think

Get a 7-day free trial and 40% off Blinkist Annual Premium by clicking https://bit.ly/NewMoneyAug24 or scanning the QR code. Is the cost of living crisis actually real, or has it been exaggerated by the mainstream media? Today we look into why the US economy and the American consumer are holding up okay, and why the cost of living pressures have not yet turned into a full blown consumer crisis. ★ ★ LEARN TO INVEST ★ ★ Get started investing on the right foot with our step-by-step investing courses: https://newmoney.education/ ★ ★ CONTENTS ★ ★ 0:00 The Financial Times Article 3:48 The Cost of Living Has Really Risen 5:10 Are Cost Pressures Materially Affecting People? 8:00 Are Wages and Wealth Saving the Day? My Podcast:    / theyounginvestorspodcast   Brandon van der Kolk is authorised to provide general financial product advice in Australia and is an Authorised Representative (Number 1305795) of Guideway Financial Services Pty Ltd, AFSL Number 420367. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it's appropriate for you. Read Brandon's Financial Services Guide available from https://guideway.com.au/NewMoney.pdf. Past performance is not a reliable indicator of future investment returns. Contact email: [email protected] Note: I do not have the ability to answer all emails, but know that each email is read. If enquiring about sponsorship, New Money is currently only seeking sponsorship from established brands.