Sentences with phrase «rising living costs»

«In many ways this is understandable given that salary increases haven't kept up with rising living costs
But when you consider your dwindling bank balance and rising living costs, you are probably left wondering how you'll afford to do one.
Given the rising living costs, retirement planning becomes an important part of the financial life.
Max Life Online Term Plan Life Cover + Increasing Monthly Income: It provides lump sum with growing monthly income to take care of rising living costs and expenses.
Part of staying out of debt means planning for rising living costs.
But also give some thought to the threat from rising living costs, because your pension is probably fixed rather than growing along with inflation.
In these hard economic times, too many Metro Vancouver, Fraser Valley, Lower Mainland people, and British Columbians who lived free of financial crisis until now, find themselves facing the shame of debt they can not repay after taking out too much easy credit just to live, pay for necessities such as housing, food, medicine, etc., a reflection of our ever growing senior and minimum wage population funded with insufficient pensions and facing rising living costs without corresponding increase in earnings.
Liberals: Restore the eligibility age for OAS and GIS back to 65; introduce a new seniors price index to ensure benefits keep up with rising living costs; introduce a 10 % boost to the GIS for single, low - income seniors; leave pension income splitting for seniors intact.
We have also kept council tax down helping households meet rising living costs for energy, fuel and other goods and services.
Farmers, migrant workers and lower / middle - class urbanities grumble about rising living costs, and a perceived lower quality of life.
Najib is grappling with a multi-billion-dollar scandal at state fund 1Malaysia Development Berhad (1MDB) and popular anger over rising living costs, which have given momentum to the challenge from his 92 - year - old mentor - turned - foe, Mahathir.

Not exact matches

OTTAWA — Rising gasoline and car prices fuelled the first significant spike in Canada's cost of living since February last month, lifting the annual inflation by half a point to 1.2 per cent — still low by historial standards.
The consumer price index (CPI), released on Friday, showed the cost of living in America rising only 1.6 percent compared to the same month last year, significantly down from the most recent high of 2.8 percent in February and below the Fed's target of 2 percent.
But Istanbul's blessing as an entrepreneurial hub is also its curse, with a rising cost of living, epic traffic jams, and a glut of smaller players.
The rising home values — and rent prices alongside them — are associated with displacement of less affluent city residents who can no longer afford area living costs.
The cost of living is rising across the board in Los Angeles.
As U.S. health care costs rise, more affordable health insurance is available in these countries, International Living reports.
Protesters are predominantly young Iranian men demanding solutions to unemployment and the rising cost of living.
And as rents go up in more popular cities, Airbnb is seeing many hosts rent their homes or rooms out so they can afford to continue to afford the rising cost of living.
Over the past few decades in the U.S., wages have remained stagnant while the costs of building and living in housing has steadily risen.
However, things like the allure of a cheaper cost of living can't entirely stop Silicon Valley's rise.
A Treasury spokesman told the BBC: «We are taking action to support families with the costs of living by cutting taxes for millions of working people, doubling free childcare for nearly 400,000 working parents and introducing the National Living Wage - a significant pay rise for the lowest earners.&living by cutting taxes for millions of working people, doubling free childcare for nearly 400,000 working parents and introducing the National Living Wage - a significant pay rise for the lowest earners.&Living Wage - a significant pay rise for the lowest earners.»
She says that, between student debt and a rising cost of living, millennials are under a tremendous amount of financial pressure.
«When I sit down with new retirees, we look at whether they need life insurance at all and how much their policy costs,» he said, explaining that many people don't understand that their premiums may rise.
To illustrate the issue, over the past 20 years, the cost of a new drug per year of a patient's life has risen from $ 50,000 to $ 250,000 after adjusting for inflation, according to Peter Bach, director of the Center for Health Policy and Outcomes at Memorial Sloan Kettering, who also spoke at the conference.
The rising cost of living may be partly to blame, particularly in the spending categories, like health care, that have increased the most over the past decade.
When it comes to credit card debt, some people think it's the result of overspending, while others blame it on the rising cost of living for necessities.
The cost of living is rising and it means workers and businesses in cities such as New York, Los Angeles, San Francisco, Seattle, San Jose, Miami, San Diego, and Boston may migrate to cheaper cities such as Houston, Austin, and San Antonio.
Rising housing prices raise the cost of living, while rising stock and bond prices increase the cost of buying a retirement income — leaving pension funds unable to make good on their proRising housing prices raise the cost of living, while rising stock and bond prices increase the cost of buying a retirement income — leaving pension funds unable to make good on their prorising stock and bond prices increase the cost of buying a retirement income — leaving pension funds unable to make good on their promises.
Social Security benefits, too, are subject to Cost of Living Adjustments (COLAs) that take rising prices into account.
I live in a very red state, but very liberal city and I enjoy a low cost of living for now (home prices are on the rise), high salary, and diverse population.
Furthermore, longer life spans and rising healthcare costs put a bigger strain on a retirement budget.
For instance, consider an investor who is retired, living on a fixed income stream, who may have more expenses concentrated in health care (where costs are rapidly rising), and whose portfolio is conservatively positioned with 20 % in stocks and 80 % in bonds.
Todayâ $ ™ s Consumer Price Index provides further evidence of Saskatchewanâ $ ™ s rising cost of living.
With the rising costs of college, families are taking a multigenerational approach to planning for education and other life goals.
Rising house prices have shielded the reality of increasing ownership costs, but households can't live on asset appreciation, unless they sell, take a reverse mortgage, or a line of credit against their house.
I can't tell if it's so much BA / SV residents exercising stealth wealth as it is trying to keep up with rising cost of living in the area.
The loudest rallying cries from Colorado teachers protesting for more education dollars were about dwindling paychecks that are steadily losing ground to the state's rising cost of living.
Prime Minister Najib Razak was the best thing going for the ruling coalition in Malaysia's last elections, but he's a hindrance this time because of financial scandals and government policies blamed for a rising cost of living.
Studies have increasingly indicated that many baby boomers have no financial plan in place to protect themselves against outliving their assets and the rising cost of health care should they live longer than expected.
The cost of life - saving drugs, in fact, will rise substantially around the world, affecting the poorest countries most.
From their perspective, the only negative effect that monetary inflation can possibly have is to make the cost of living rise at a faster pace than they believe it should be rising.
Even younger investors approach me, worrying how they'll ever keep up with the cost of living when interest rates rise once again.
However, while cost of living for many daily needs and activities are lower than other major cities, housing prices in Kansas City are definitely on the rise and demand is high.
So, it doesn't matter if you're desperate to catch up in your retirement fund, looking for additional income to meet the rising cost of living...
While there is absolutely nothing wrong with maintaining term life insurance well into one's middle years and beyond, the cost of the insurance typically rises along with the person's age on renewal.
Jeff Rose from Good Financial Cents presents Cheap Term Life Insurance, and says, «The biggest excuse that people have have for not buying life insurance is they say it costs too mLife Insurance, and says, «The biggest excuse that people have have for not buying life insurance is they say it costs too mlife insurance is they say it costs too much.
Retirement these days seems nearly impossible for anyone before the age of 50: high debt volumes, a devaluing currency, a rising cost of living and a lack of valuable, genuine assets.
When inflation rises, as indicated by the Consumer Price Index, a cost - of - living adjustment kicks in for both Social Security and Supplemental Security Income recipients.
Charges add up while the cost of living constantly rises, from higher bank fees and insurance premiums to rising property taxes and commodity and food prices.
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