Side Hustles, Wages and the New Cost of Living Reality | It's All Relative

This week on It’s All Relative, I unpack exclusive polling data from OnePoll, looking at how under-45s in Britain are really coping financially.And the findings are stark.38% of respondents said they felt worse off after receiving a pay rise.Not because pay rises don’t matter.But because rising wages are being immediately absorbed by housing costs, childcare, debt repayments, tax, and the general cost of living.Which raises a much bigger question:What happens when work no longer feels like a reliable route to financial stability?In this episode, I explore:00:00 Intro01:54 Why Raises Feel Useless03:52 Patchwork Household Income05:20 Side Hustles Reality Check07:49 Two-Income Economy Trap09:08 Lone Parents Under Pressure11:07 Bank of Mum and Dad12:12 Luxury Redefined Today14:04 Three Ways People Adapt14:40 Community Q&A31:19 Wrap Up and Next Episode📩 Subscribe to My SubstackRead the full essay this episode is based on:👉 https://drelizafilby.substack.com/p/britains-under-45s-no-longer-runs📚 Buy InheritocracyMy book on inheritance, family wealth and the Bank of Mum and Dad:👉 https://www.amazon.co.uk/Inheritocracy-Time-Talk-Bank-Mum/dp/1911709809🌍 Find Me HereWebsite: https://www.elizafilby.comInstagram: https://www.instagram.com/drelizafilbyLinkedIn: https://www.linkedin.com/in/elizafilby