3 ways life is cheaper than twenty years ago
28th December 2011
Whilst the cost of living is spiralling out of control, you can take comfort in the fact that some things in life are now cheaper than they were 20 years ago.
Holidays
International travel is as normal as brushing your teeth nowadays, with more and more parts of the world becoming easily accessible. Holidays to the Maldives are more and more frequent among Brits. According to fleetwaytravel.com, 20 years ago these islands were relatively unheard of. However, in 2011 they have become a paradise home for holidaymakers and honeymooners.
High street fashions
Thanks to a boom in high-end, high street fashion, the British public can afford a top quality wardrobe at increasingly reasonable prices. The price of top class fashion has been falling steadily over the last two decades, putting stylish consumers very much in the driving seat as top brands become more accessible than ever.
Average cost of technology
The average price of technology has rapidly fallen over the last 20 years. Mobile phones where once a symbol of the mega rich, now they can be found in the hands of school children, grannies and just about everyone you know.
Technology has changed dramatically since 1991 and most gadgets now run high speed internet connections which would have defeated the most advanced computer systems 20 years ago. Cassettes have been replaced with MP3 players, and SLR film cameras have been overtaken by digital cameras, all at much cheaper rates.
Despite the changes in technology, clothing and cheap travel, some things in life have actually become more expensive. As you prepare for your future financially, you may wish to consider life insurance
Life insurance is typically designed to provide you with peace of mind should anything happen to you in the future. With life insurance, you may be able to give your loved ones some genuine financial support and ease any potential burdens for them.
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