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Reply to "Why does it feel like people have unlimited budgets, even with crazy inflation?"
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[quote=Anonymous]-We refinanced. Our mortgage (which doesn't include PITI since we pay that separately) is $1100 on a 1m house. -We are actually getting passive income from interest now!! We have 250k that we made next to nothing on for years and now all of a sudden I'm getting about 1k a month in interest. Daycare costs and groceries rose, but that 1k covers everything. Savings accounts have better interest rates than stocks. My vanguard is only at 3.3% for the year. [/quote]
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