
While inflation may have slowed as of late, that doesn’t mean prices have dropped — they’re just not climbing as quickly as they were in 2022.
Prices remain so high that even Robert Kiyosaki, author of Rich Dad, Poor Dad, is feeling the squeeze.
“I just purchased an egg salad sandwich for my dinner in Waikiki. Price $14.00,” he shared in a post on X. “I can afford $14 yet the price still is hard to swallow.”
With an estimated net worth of USD$100 million, Kiyosaki’s surprise at the cost of a simple sandwich underscores the high cost of living many are facing today.
In the same post, Kiyosaki expanded on the issue:
“THE EVERYTHING BUBBLE I wrote about in my last two tweets has caused millions of Millennials, Gen X and Gen Zs… even a few Baby Boomers[…] to claim they cannot afford a house, or have kids, or live at the same standard of living as their parents.”
Kiyosaki expressed empathy for younger generations, noting that he grew up with similar doubts. Yet, with “real estate and the cost of living so high in Hawaii,” he also wonders how “young people today… survive.”
The cost of living crisis isn’t limited to Hawaii, or even the U.S. Across Canada, inflation continues to bite. Canada’s consumer price index was up by 1.8% in December 2024 from December 2023.