AUSTRALIA'S NEW WEALTH DIVIDE #shorts #australia #wealthbuilding #finanicalfreedom

By Scott Kuru

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The next great wealth divide in Australia might not be Boomers versus Millennials. It could be young Aussies who inherit property wealth versus those who don’t. Two people can have the same job, earn similar incomes and work just as hard, but start their financial lives from completely different positions. One has parents who can help with a deposit or guarantee. The other spends years trying to save while paying rent and watching property prices move around them. And that initial advantage can compound. Buying earlier means more time building equity. That equity can eventually create opportunities to invest, upgrade or even help the NEXT generation get into the market. But inheritance is only part of the story. Family wealth can also influence education, networks and opportunities long before any money actually changes hands. That’s why I think building wealth has increasingly become about more than your own retirement. The assets you build today could change the opportunitie

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