Episode 099: The Roaring 2020s
from The Money Planner with Warren Shute Hosted by Warren Shute
Many have struggled financially during the pandemic, and they will need to bring their financial house back in line. Others have thrived on working from home and may never return to their offices, many saving thousands each year in travel, food, and new office outfits. At the same time, we’ve all not been able to spend as we would have otherwise done; holidays have been cancelled or postponed, socialising has been put on ice and some have delayed their home improvement plans. But all that spending has not gone away – it has simply been delayed, and it’s beginning to come back. I appreciate we can’t take last year’s holiday along with this year’s (fingers crossed), but we’re all longing for our holidays and seeing the sun, and meeting up with friends and family for drinks and a meal. That’s a lot of pent-up demand for life as we knew it. And in our economic wheel, one person’s spending is another person’s income, so I believe our future purchasing power will help make the next decade the ‘Roaring 20s’. Date of Recording : 27th February 2022
Embed this episode
No transcript yet.