Level: Asian

The Cost of Living Crisis, Gen Z vs Boomer Wealth Divide & How it’s Impacting Our Mental Health | Ep. 72

April 22, 2024 Level: Asian Podcast Episode 72
The Cost of Living Crisis, Gen Z vs Boomer Wealth Divide & How it’s Impacting Our Mental Health | Ep. 72
Level: Asian
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Level: Asian
The Cost of Living Crisis, Gen Z vs Boomer Wealth Divide & How it’s Impacting Our Mental Health | Ep. 72
Apr 22, 2024 Episode 72
Level: Asian Podcast

Send us a Text Message.

In this episode of the Level: Asian podcast, we unpack the housing and cost of living crisis.

We begin by sharing how recent increases in rent, interest rates and groceries have impacted us personally and how we’ve changed our spending habits to adjust. The crew also discusses the challenges different generations face when it comes to wealth building, the changing values towards money and outlooks towards work/life balance.

Davie then explains the dire state of housing affordability in Australia, using his favourite thing in the world (spreadsheets).

Enjoy the episode!

 

Show Notes Chapter Markers

Send us a Text Message.

In this episode of the Level: Asian podcast, we unpack the housing and cost of living crisis.

We begin by sharing how recent increases in rent, interest rates and groceries have impacted us personally and how we’ve changed our spending habits to adjust. The crew also discusses the challenges different generations face when it comes to wealth building, the changing values towards money and outlooks towards work/life balance.

Davie then explains the dire state of housing affordability in Australia, using his favourite thing in the world (spreadsheets).

Enjoy the episode!

 

Intro
Answering listener submissions about the Cost of Living Crisis Experience07:42 - The Vicious Rental Cycle
The Vicious Rental Cycle
The Rise of Property Prices + Combating with Mortgages
The Cost of Living From the Gen Z Perspective
Why The Younger Gen CAN’T Take Any Risks
Facing Different Economic Circumstances Between Generations
Moving Out the City as a Cost of Living Solution
The Gen Z Work-Life Balance Approach
Navigating Generational Trauma On Top of Cost of Living
Starting From Scratch as a New Generation
Looking at the Stats: How Long Will It Take For a Single Adult to Buy a $1M House from Earning 100K?
Looking at the Stats: How Long Will It Take For a Single Adult to Buy a $1M House from Earning 55K?
Looking at the Stats: How Long Will It Take For a Single Adult to Buy a $1M House from Earning 150K?
Mental Health is the No.1 Concern of Gen Zs
“The 996 Culture” in China
Understand the Economic Circumstances
Final Messages
Outro