LIFESTYLE INFLATION
The act of increasing costs as the income increases. An individual has the tendency to increase his or her spending amount continuously every time there is a salary raise, making it more difficult for them to get out of debt, save for retirement, or obtain huge financial goals. Also, they regard past luxuries as necessities now. This leads to people getting trapped in the rat race of working just to pay the bills. An individual can get out of lifestyle inflation by tracking their spending and saving amounts.
POPULAR TERMS
Normalized Earnings
It may refer to the following:
Earnings adjusted for cyclical ups and downs in the economy.
On the balance sheet, earn ...
Advanced Funded Pension Plan
A pension plan that is funded along with the accrued benefits of the employee. It is intended for the preparation of the retirement of the employee ...
Point-Of-Sale Terminal
An electronic-transaction terminal. It normally has a computer, cash register and other equipment used to sell goods or services.
Earnings Momentum
Term describing the corporate earnings per share (EPS) growth accelerates or decelerates from the previous fiscal quarter or year. It normally coex ...
Nonlegal Investment
A security of sub-investment quality made by a legal representative that does not follow to requirements of defined statutes. Nonlegal investments ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Retirement Planning: Last-Minute Preparation
The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Jul | |
| 06:30 | Industrial Production | Jul | |
| 11:00 | Industrial Production | Jul | |
| 23:00 | Westpac Consumer Confidence | 3 quarter | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 03:30 | House Price Index | 2 quarter | |
| 04:00 | Fixed Asset Investment | Aug | |
| 04:00 | Industrial production | Aug | |
| 04:00 | Retail Sales | Aug |
