living

Cost of living report highlights severe strain on family finances – Here’s what you need to know | Citizen

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Cost-of-living report paints grim and financial strain on households, this is what you need to know

Prices of essential utilities such as electricity and water have risen above the national inflation rate for the past six years. The Competition Commission has presented a shocking picture of the cost of living in South Africa, revealing that the prices of essential utilities such as electricity and water have risen more than the national … Read more

Do you work, live with your parents – and pay for all living expenses? You are not alone these days.

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Do you work, live with your parents - and pay for all living expenses? You are not alone these days.

Less than 10% of working Americans live with their parents, according to data from 2020 and 2022 from the Employee Benefit Research Center. Among them, more than one-third cover all living expenses in full, such as mortgage payments, rent or utilities. And that can cause financial problems. Samita Thephasit, research assistant at EBRI wrote in … Read more

‘I never stopped living like a college student.’ I’m 37 years old, I usually only make $13K a year, but I have investments and a $1.2M house. I don’t want to sell it, but I want a lot of money. Now why?

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'I never stopped living like a college student.' I'm 37 years old, I usually only make $13K a year, but I have investments and a $1.2M house. I don't want to sell it, but I want a lot of money. Now why?

Question: “I am 37 years old and together with my partner, we usually had a combined annual income of $10-13K a year. We did not stop living like college students. But thanks to a well-made agreement, I have my house, and it was worth $1.2 million in 2020. My plan was to take that money … Read more