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re: So sick of the price of everything right now.
Posted on 9/18/23 at 11:54 am to dewster
Posted on 9/18/23 at 11:54 am to dewster
quote:
It has to be very scary for retired people on a fixed income.
Anyone looking to retire soon better consider a holding pattern.
I was younger and experienced the oil shocks of the 70's, this may be MUCH worse before it gets better.
1
Posted on 9/18/23 at 12:32 pm to Cheese Grits
The scariest part of all of this is how Biden is successfully selling "Bidenomics" as a success.
I won't rehash the anecdotical, but in 2019, my average AMEX bill was $3670. Groceries, gas, eating out, clothing, just day-to-day spending outside mortgage and utilities.
So far in 2023, my monthly average is ~$5500 and I feel like we are trying to cut back a little.
I dont see how those on a fixed income are making it. My wife's grandmother has spent through about $20k in savings in the last couple years.
I won't rehash the anecdotical, but in 2019, my average AMEX bill was $3670. Groceries, gas, eating out, clothing, just day-to-day spending outside mortgage and utilities.
So far in 2023, my monthly average is ~$5500 and I feel like we are trying to cut back a little.
I dont see how those on a fixed income are making it. My wife's grandmother has spent through about $20k in savings in the last couple years.
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