You Are in the Top 5% of the Richest People on Earth: Time for Some Perspective
Feel like you're struggling with the cost of living? Here is why you are likely in the top 5% of the richest people on earth, and how to get some perspective.
If you're currently stressing about the rising cost of living in Australia, it can feel like you're falling behind. I often plug my details into a net worth calculator in Australia and compare myself to my high-earning neighbours, wondering why I haven't unlocked the secrets of how to build wealth in Australia overnight.
But sometimes, you need a healthy dose of perspective. Statistically speaking, if you earn a median Australian salary, you are comfortably sitting on the global rich list—ranking in the top 5% (or higher!) of the richest people on earth.
To remind yourself of that, go visit https://www.gapminder.org/dollar-street to see what daily life looks like for families across different income levels worldwide. It's the ultimate tool to help you appreciate what you have with fresh eyes. While knowing the average net worth in Australia is useful for benchmarking, seeing how the rest of the world lives will completely change the way you view your own balance sheet.
