If you think your financial situation is s**t, you aren't alone... here is why!
> From 1980- 2020 Inflation has increased by 2.8% (before covid and inflation numbers of 7+% for two years in a row)
Average household income in 1980 was $56,000 increased at 0.84% = 78,400 in 2020
> If the average household income grew at the same rate as consumer goods we would need to be bringing home $169,010
BOTTOM LINE - Our money cannot buy the same things as it did 40 years ago, yet we expect more, want more, and are offered more than any generation before us.
Sometimes balancing the budget isn't a spending problem, it is an income problem!