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Reply to "anyone else feel like they're getting completely broken in 2025?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP you need a better outlook on life. My new year has been off to a great start. Thankfully my investments over the past year have more than covered any increases in my cost of living. I like to look at and appreciate the bright side. Also we all know that [b]inflation happens and prices go up over time. Sometimes by alot. This is nothing new.[/b] All adults should know this by now. Inflation isn’t a surprise. So people need to plan for it, by increasing job skills and income, building streams of income, investing, saving and spending wisely. There’s alot we can all do to help ourselves. But what I see in reality is alot of people spending frivolously on cleaners, new homes, new cars, new appliances they don’t need, luxury and frequent travel, new furniture and pricy sports for their multiple kids. You can’t do all that then turn around and complain about how things cost so much. It all comes down to priorities and what people value. I value financial freedom and act accordingly.[/quote] I am genuinely curious what price jumps you have seen in the last 30 years that are equivalent to what some car insurers and homeowners insurers are implementing. There literally is no equivalent to homeowners getting hit with 50% or 100% premium jumps in one year as you now see in CA, FL, NC, Iowa (yeah Iowa), etc. Are you now claiming that you need to plan for your insurance to increase 50% a year forever? Of course, very quickly that leads to the conclusion that you need to sell your house yesterday. I put the price of eggs into a different bucket...because yes, commodities prices have had jumps and then usually settle back to something reasonable. People forget how much gas was back in 2007...it was much higher than today. However, thanks to the great recession, the market corrected quickly.[/quote] Are you making this up? A quick google search says avg price of gas in 2007 was $2.80 and last year it was $3.30[/quote]
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