Dang, teachers make more than I do and I run the tech department for the whole district! That is just ridiculous. The thing about inflation is the fact that it creeps up on you and you don't really notice it in most cases. It can be easy to just ignore it and then when it is too late you find yourself in a predicament. It takes a lot of planning and understanding on the front end to be successful.
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That is Australian dollars btw., so about 52K USD
Most people don't have a sense of compound interest (none of us naturally), so it is easy not to get the real "feel" for how much it affects us.