Financial Independence (Home Ownership, Super, Long Retirement) not possible for wage earners: What do we need and how do we get it?

[farmerge]

The lifestyle choices made by those who have accumulated assets are much the same as the younger generation face now.

You can only spend it once still applies,
if you borrow to spend then you will have to pay it back from future earnings still applies
Buy needs not wants still applies
Have two jobs still works
live in modest housing still works
drive a cheap reliable car that will do the job
Instead of an OS holiday twice a year buy some shares with the money
invest in your skills set for better income for the same hours
Sell garage sale stuff on ebay new opportunity
be an influencer ads and freebies new opportunity
be a part time carer for NDIS new opportunity

Heaps of things that are new in todays world that I believe I could make money from if young and aware of todays trends (which I am not )

@macca Makes a lot of sense macca I would like to be 50 years younger also, though I not sure if I would want to change to much as I have had a pretty good innings so far.
But as you have posted, opportunities a plenty for those with the get up and go.

 

[divs4ever]

Yep, so part of the reason the cost of living has gone up is because of the price of land caused by increased population, but also just the sheer increase of the goods and services we now take for granted has risen.

Did you know that most food items are now 10 times cheaper than they were in 1960, if you compare it to how many minutes the average wage took to pay for it.

I think value hunter suffers from life dysmorphia.

not just population increase , governments/councils imposed more regulations , taxes/levies ( like the fire levy ) , required developers to do more to get land ( and homes ) to market