Thought this was quite shocking to see, of course noone on here suggests saving money for the long term and when you look at the math behind it..makes alot of sense.
Let's hope this is your big year, 2021 when you finally made the first million bucks. Time to splurge on that Ferrari, buy a mansion and start living the dream!
www.in2013dollars.com
Here's the link if you'd like to play around with some numbers
Wait.. what!? I thought a million dollars is alot of money!?
I remember somewhere in Unscripted MJ mentioned the ''new million dollars'' is more like $5,000,000, when you consider our governments printing money and the cost of living going up and up, like the carbon tax increase that we'll be hit with soon as the PM promised not to hike everything, it's clear that ''having alot of money'' needs to be redefined. We can't do anything about it unfortunately since death and taxes are the only thing guaranteed in life, however we can always increase our income, the point of being an Unscripted entrepreneur! To be in full control of our life.
With the cost of housing only skyrocketing over the next few decades...
And our dollar being devalued over the next few decades from our beloved government from money printing....
What do you think is the new million bucks? Will $10,000,000 actually be worth something!?
Let's hope this is your big year, 2021 when you finally made the first million bucks. Time to splurge on that Ferrari, buy a mansion and start living the dream!
2041 Inflation Prediction | Future Canada Inflation Calculator
Estimate the future buying power of $1,000,000 from 2020 to 2041 in Canada using an assumed inflation rate of 2.00% per year.
www.in2013dollars.com
Here's the link if you'd like to play around with some numbers
Wait.. what!? I thought a million dollars is alot of money!?
I remember somewhere in Unscripted MJ mentioned the ''new million dollars'' is more like $5,000,000, when you consider our governments printing money and the cost of living going up and up, like the carbon tax increase that we'll be hit with soon as the PM promised not to hike everything, it's clear that ''having alot of money'' needs to be redefined. We can't do anything about it unfortunately since death and taxes are the only thing guaranteed in life, however we can always increase our income, the point of being an Unscripted entrepreneur! To be in full control of our life.
With the cost of housing only skyrocketing over the next few decades...
And our dollar being devalued over the next few decades from our beloved government from money printing....
What do you think is the new million bucks? Will $10,000,000 actually be worth something!?
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