So the last few years has been crazy. I’ve been quite lucky that I have a decent income job($110k), so the last few years of increasing interest rates(yes I own an apartment) and high inflation haven’t impacted me as much as others. I’ve still been able to travel, go out on weekends, buy things I need around the house etc.
Now I’ve always been pretty frugal with money. I don’t own a car(e bike or PT everywhere), don’t order uber eats, pretty conscious when I go for a night out, regularly change services providers for a better deal etc.
However, that’s changed in the last few months. Yes interest rates have gone up, but I’ve found myself needing to tighten the purse strings really hard to avoid dipping into savings(offset account). Rarely go out anymore, travel for this year has been postponed, and I’m definitely much more conscious when going shopping.
Now I know the last few years has impacted people in different ways and at different times, some people haven’t been impacted at all. My question is when did this happen for you?