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Personal Inflation vs RSA Inflation

There is an immense differentiation happening between the average "man in the street" and individual inflation. Everybody's own inflation rate is being determined by his consumer basket that he is used to.

Wealth inflation is also relative to the individual's desire to keep his living standards up, over time. In the current environment, the average individual that wants to maintain his first world standard in South Africa (RSA), can at least make his calculations on between 10 and 12 % pa. Using the formula: 72/x would result in this individual being forced to double the money to buy this basket of goods in 6 years (x being your individual inflation rate).

This is going to drive the thrift between the haves and the have nots.

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Petrie Swanevelder | Reply 11.02.2016 10.54

This Wealth inflation rate has escalated to 12 to 14 % over the past 3 years in SA.Take note, inflation is a very personal and customised issue...

Petrie Swanevelder | Reply 27.10.2014 13.26

Thanks for your comments...Regards, Petrie

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Latest comments

16.11 | 10:47

Very inspirational & motivating.

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12.04 | 19:56

Ek Callie swanevelder Dane is baie lief vir jou.

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11.02 | 10:54

This Wealth inflation rate has escalated to 12 to 14 % over the past 3 years in SA.Take note, inflation is a very personal and customised issue...

...
02.02 | 15:04

Hey Petrie

Dankie vir al jou hulp maat.

Paul

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