HOW TO get ahead in the rat race
To get ahead in the rat race we need to get better at focussing and key tasks, and take steps to do things over and above what we are paid to do.
increases by approximately 3%. This is in line with inflation. Inflation, or the Consumer Price Index (CPI), is the rate at which the cost of living increases each year. It factors in food, energy, property and health costs, for example.
The cost of living is a silent assassin. It eats away at the middle class’s savings, earnings and, eventually, dreams. If I were to earn $100K this year and qualify for a 3% pay rise next year, I may initially be happy about $3K more pay. However the cost of rent, bread, milk and medicine have all risen by an average of 2-3% as well. That means my $103K can only buy me what $100K could this year, and therefore I have failed to get ahead.
That’s why the word JOB is a little known acronym standing for Just Over Broke.