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If you didn't get an 8.60% pay increase, you received a pay cut

Over the past year, Inflation has been on the increase. A popular meme on the internet is the saying that if you didn't receive an 8.60% increase in your income, you essentially Received a Pay Cut. This is very relevant for those who are still earning salary, and even more relevant for those who are living off dividends. In general, dividend income tends to grow above the rate of inflation...

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This post first appeared on Dividend Growth Investor, please read the originial post: here

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If you didn't get an 8.60% pay increase, you received a pay cut

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