EP 030: REAL Interest Rates and Their REAL Impact
REAL interest rates measure the cost of debt while factoring in the inflation rate. Right now, in many places across Australia, inflation rate is HIGHER than the cost of debt.
REAL interest rates measure the cost of debt while factoring in the inflation rate. Right now, in many places across Australia, inflation rate is HIGHER than the cost of debt.
Really important point: What’s going on in the WORLD economy and what is going on in YOUR economy do not have to match.
I believe we are headed into a post-pandemic economy, and now is a critical time to be innovating.
One of the things I have noticed when it comes to wealth building… Making money and growing money are very different skill sets.
It doesn’t seem to matter what way you look, the cost of living and operating a business is going up substantially. If you are feeling the pinch, just know that you are certainly not alone. It’s not all bad news though.
Majority of business owners get into business to create financial independence and build wealth. However… barely any of them achieve it.
Now that pandemic restrictions have ended in the USA, employers can require workers to come back to the office.
The Labor government has won. It appears they are about to shake things up by bringing in a heap of new policies and changing some older ones.