So here’s the thing. We’re all better off now than we were a year or so ago. Some more than others, of course, and at the expense, should this survey have gone in another direction (unlikely, as it’s for a wealth management company) of many of the poorest who will have become poorer still in the same period. Anyway, the comfortable middle are still more comfortable on paper, but don’t feel it. On said paper, most have had above inflation pay rises, the value of their investments and property has risen by 10% or more and interest rates on savings are up. Yet there is no resulting feel-good factor and we’re feeling poorer, not richer. Perhaps because the messaging from above has been perpetually downbeat, black holes, belt in-pulling and we need Growth, Growth, Growth. The sun may be shining, yet we see only the remaining clouds. It’s all in the mind, but then it probably always has been.
“How to get rich in 2025”
Who wants to be a millionaire? Well, if you’re one of the 35% of the UK population renting long-term or of the 20% officially living in poverty, the answer’s ‘yes, please’.
