Money Mail 169 - Your purchasing power decreased 15% in 3 years
Keep The Change
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How to Calculate Your CPI Cost
The CPI doesn't really measure interest rates going up. So for a lot of people who have debt, their effective inflation rate would be higher because they are having to spend more of their disposable dollar on covering increasing interest costs. What you might want to do is figure out what was your 2020 June, your June 2020 salary. Work out what the net amount is that you received after taxes, key we save it, etc. Then go to the Reserve Bank inflation calculator.
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