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Money and Finances
Reply to "Sad commentary on the American way of life"
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[quote=Anonymous][quote=Anonymous]Do you guys know how much housing and childcare cost around here? I'm the person who posted in the furlough thread about feeling stupid for. buying 3 pieces of furniture. For context, my living room has had literally only seating i have scavenged from the curb for free for the last 2.5 years. Finally I got tired of living off other people's trash and spent $300 on a used coffee table and 2 chairs. Replacing the trash couch is still too expensive, that will wait. And i still don't have curtains, just cheap blinds. Meanwhile, I have spent $1500/month on day care during this period, and until I got a federal job this spring i was spending $900/month for family health insurance. But you really think it's consumerism that holds people back from saving? How deeply out of touch and moralistic. [/quote] YES!!! I couldn't agree more. It is the BASIC necessities that eat up our income: rent or mortgages, health care costs (mine is $1500/mo), child care, higher education, and retirement savings. Just think: a generation ago, when baby boomers were young professionals, companies PAID for employee retirement. they PAID for health care. rent/mortgages were in-line with incomes. Gas, clothes and food were more expensive but those were things you could control. [/quote]
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