Does the salary rise cost?

Does the salary increase not cost? Why do people earn better but feel that the money is not enough?

In the last few years, many people have increased their income, some have received more bonuses, some have expanded their business, but they feel "less money" or "not enough money."

The main reason is not always because money is not always good, but because of the so-called "inflation."

Imagine it simply.

10 years ago,

- 30-40 baht per bowl of noodles

- 40-50 baht per cup of coffee

- About 25-30 baht per liter of oil

But today,

- Many noodles over 60 baht

- Some coffee exceeding 100 baht

- Travel, living and medical expenses continue to rise.

This means that $1 million today may not equal $1 million in the next 10 or 20 years.

A risk most people overlook.

Many people keep money in savings accounts because they feel safe.

But if the average inflation rate is 2-3% a year,

The purchasing power of money is gradually decreasing every year.

Even though the amount is still the same

But what's bought back is less.

So it's not strange that many people feel

"Make more money, but life doesn't get more comfortable."

This era is not just good at making money, it's about managing money.

The current financial administration should consist of four key parts.

1. Emergency reserves

It should be at least 6-12 times the cost per month.

To accommodate unexpected events such as unemployment, illness, or business slowdown.

2. Hedge

Many people build property well.

But if there is an unexpected occurrence, such as an accident, a serious disease, or a premature death,

Families and businesses can be greatly affected.

3. Investment

Money not spent in the short term. It should be planned to grow in the long run.

To overcome inflation and create wealth.

4. Retirement planning

Thailand is stepping into an elderly society.

The average life expectancy of Thais is gradually increasing.

Many may live after retirement for more than 20-30 years.

Without preparedness, it may rely on offspring or resume at an age when the body is unprepared.

Conclusion

The financial world today is changing much faster than before.

The risks include not just income, but rising costs of living, inflation, disease and economic uncertainty.

Good financial planning is not just for the rich.

But it's a matter that everyone should start from today.

Because time is the only thing that can't be bought back.

And the sooner you start planning, the greater the opportunities for future financial stability.