I had dinner with a couple of friends of mine on the weekend.
And, the husband was from Florida.
We were talking about ‘quality of life’.
He mentioned was that someone on $35,000 a year in the U.S could live really well.
A beautiful big home.
In a nice neighbourhood, with a nice car etc.
That’s because housing prices in America are so cheap compared to over here.
But it’s not just America.
Heck, there’s some countries on earth you could live like a diplomat by the beach on $1,000 a month. (I’m looking at you Costa Rica).
BUT…given that most of us, need to stay in Australia, because we’ve got family roots and employment etc. here…
(And it’s the greatest country in the known universe)…
We just have to deal with the fact that we live in a country with a high cost of living.
High taxes. High property prices. High everything.
Heck even a humble civil servant like our PM has to have $100 Million or so stashed away to make ends meet.
So what to do?
Well, the 2 best things we can do is in my humble (but accurate) opinion is…
- Increase our income
- Invest in property
In fact, you’ll discover how Todd Polke helped a bank employee to raise their income by around $65,000 in as little as 6 months.
Yep. That’s right. Think that would help you buy more properties? You better believe it.
You could put that income boost right into a property deposit.