Anonymous wrote:

Anonymous wrote:A good steak is nearly $20 a pound now — it used to be around $10. We can’t even enjoy a simple nice meal anymore. Having kids feels financially impossible, and even with a bachelor’s degree, it’s hard to get ahead. I’m not saving anything at this point.

Fast food became a luxury under Biden

Mostly the forced minimum wage but also money printing on steroids

Inflation was 3% when Trump took office and its not any better now.

To be honest, my wealth and income have gone up a lot in the last two years. I''m optimistic the trend will continue.

I don't attribute that to Trump. In fact, I'd say his policies have been a drag on me.

I am, the country is not

Anonymous wrote:A good steak is nearly $20 a pound now — it used to be around $10. We can’t even enjoy a simple nice meal anymore. Having kids feels financially impossible, and even with a bachelor’s degree, it’s hard to get ahead. I’m not saving anything at this point.

So, take a break from beef. Watch for sales. Pork is cheap. Chicken is affordable. Be creative. But, I don't know where you shop, but i can purchase steak for well under $15/lb. Except for tenderloin and that type of cut.
But, I can pick up sirloin at a reasonable price.


Of course, I grew up in a frugal household where steak was a treat--not a staple.
Beef prices will go down in a year or so. There was some disease a couple of years ago that required killing cattle. It will come back.

Anonymous wrote:

Anonymous wrote:A good steak is nearly $20 a pound now — it used to be around $10. We can’t even enjoy a simple nice meal anymore. Having kids feels financially impossible, and even with a bachelor’s degree, it’s hard to get ahead. I’m not saving anything at this point.

Fast food became a luxury under Biden

Mostly the forced minimum wage but also money printing on steroids

Biden is not the president and hasn't been for a year..

Anonymous wrote:A good steak is nearly $20 a pound now — it used to be around $10. We can’t even enjoy a simple nice meal anymore. Having kids feels financially impossible, and even with a bachelor’s degree, it’s hard to get ahead. I’m not saving anything at this point.

Fast food became a luxury under Biden

Mostly the forced minimum wage but also money printing on steroids

Yes, but only because I bought a condo in DC in 2000 (before everything became crazy expensive) and I invested in tech stocks and my 401k early. Otherwise, everything has gotten more expensive.

Anonymous wrote:No. My kids are two years closer to college, for which the cost has gone up more than our net worth.

The big education cartel needs to be dismantled

Definitely so.

Yes

Stock market higher

No. My kids are two years closer to college, for which the cost has gone up more than our net worth.

Nope. Used to eat out 1-2 times a week. Now it’s maybe once every 2 weeks.

Nope. I make more hut it gets eaten up in higher costs at the store and elsewhere, mind you I'm.sjoppimg at places like Aldi and Lidl and not buying much food.

Yes with real estate at a high, it is great for me as I had 8 investment properties with 4 sold and 4 fully rented until 2028. I am good.

A good steak is nearly $20 a pound now — it used to be around $10. We can’t even enjoy a simple nice meal anymore. Having kids feels financially impossible, and even with a bachelor’s degree, it’s hard to get ahead. I’m not saving anything at this point.