2006-11-07 12:45:02 · 11 answers · asked by william h 1 in Business & Finance ➔ Personal Finance
I have one better.
Why do bills rise and salaries drop? Wait until you're over 40 yrs old, and watch your wonderful income begin to take nose-dives, while your expenses continue to rise.
And that's if your LUCKY. The unlucky ones find themselves in the unemployement line and living back home with Mom & Dad.
2006-11-07 12:48:12 · answer #1 · answered by YRofTexas 6 · 1⤊ 0⤋
I've got a review at work in a couple of weeks and will be raising that exact thing....Again! 3 years in a row with a pay rise of way below inflation if any....change jobs I hear you say...only problem is my salary is quite good at the company I work for (for now)So whats the problem?I hear you say, well when I bought my house,car etc my pay was effectively more than it is now.
If you think about it the cost of living is going up and if your salary is almost static it doesn't take a genius to workout the maths, basically in a couple of years if things stay the same I wont even be able to pay my gas bill or put petrol in me car!..Even now my friends cant afford to buy a house or even a one bed flat!
2006-11-08 19:39:51 · answer #2 · answered by mr_f.methathurts 1 · 0⤊ 0⤋
Inflation. In England (and USA) the official government figure of inflation is called the CPI this measures how much inflation goes up per year but doesn't include data for houses and petrol. The RPI is a figure (includes houses) that is usually a little higher however the true value of inflation is higher than both of these figures. The are few sure bets interms of protecting your money against inflation although in the past 5 years investing in houses or gold would have done the trick.
I would recommend reading Rich Dad Poor Dad
2006-11-07 20:50:11 · answer #3 · answered by Z F 1 · 1⤊ 0⤋
Gosh, I'd like the answer to that one.
The amenitities providers are greedy for more profits which means taking it off you the customer.
They also like their fat cat salaries to rise every year and the investors like to have a divdend, hence higher fuel bills for less consumption.
2006-11-07 21:12:18 · answer #4 · answered by Nosey parker 5 · 0⤊ 0⤋
Most things increase with inflation, however some go up higher due to supply and demand (ie houses). Companies don;t have to increase wages inline with inflation, however, there is nomrally some pay review on an annual basis.
2006-11-08 05:53:28 · answer #5 · answered by Vicky M 2 · 0⤊ 0⤋
One must continually improve their own productivity and ask their supervisor as to what you can do to get a raise. That and become self employed is an even faster way of increasing ones financial worth.
2006-11-07 20:58:37 · answer #6 · answered by rkallred@sbcglobal.net 1 · 0⤊ 0⤋
Yes, it's a b***er isn't it? But that's life.
My bills are sky high and my pension is still £89 a week. Try living on that......
No wonder pensioners don't put the heating on and shop in charity shops!
2006-11-08 06:46:22 · answer #7 · answered by Songbird 3 · 0⤊ 0⤋
Because our president thinks it is better to spend our money on bringing democracy to Iraq and such like. Is it not wonderful?
2006-11-07 22:01:46 · answer #8 · answered by Anonymous · 0⤊ 0⤋
It's great encouragement to start your own business enterprise - not to mention a more favourable tax climate. :o)
2006-11-07 20:47:22 · answer #9 · answered by Smilin' Fred 4 · 0⤊ 0⤋
Your in the wrong job
2006-11-07 21:23:54 · answer #10 · answered by Anonymous · 0⤊ 0⤋