6 Expensive Headwinds Of New Zealand 🇳🇿 (Young People MUST Know!)

6 expensive headwinds of New Zealand 🇳🇿 1. New Zealand has an ageing population.Cost = super + healthcare.2. Health issues rising. I.e. Obesity and point 1.Cost = system strain.3. Infrastructure deficit.Cost = rebuild or maintenance bill.4. Brain/worker drain.Cost = lost taxpayers to fund the above.5. Capital stuck in property.Cost = low productivity and low risk tolerance.6. Education slipping.Cost = weaker future economy.Many have been watching these come at us for years, perhaps decades. But they aren’t going away anytime soon!⚠️ As an individual you will need to plan accordingly.- Build income outside PAYE only- Own productive assets- Own / Grow businesses- Investing globally- Increasing your earning capacity- Look at medical insurances- Discuss financial situations with parents (rest home costs can wipe out wealth fast)- Have the “inheritance isn’t guaranteed” conversation- Prepare for more tax and more inflationWhat else Hosted on Acast. See acast.com/privacy for more information.