5 ms·
The average standard of living is going up. Things get better all the time. Many people in debt have nicer cars than people did 20 years ago. The sad thing i
by Artistry121 11y ago
The average standard of living is going up. Things get better all the time. Many people in debt have nicer cars than people did 20 years ago.
The sad thing is people choose to buy new cars rather than the perfectly functioning old ones and higher quality food. Or people without large families choose bigger houses rather than perfectly acceptable ones that two generations ago couples with 7 kids would fit in.
A very good standard of living in America can be had for well under $20k a year in family spending given smart decisions. The problem is people don't make those smart decisions. Maybe the government needs to step in - or maybe those people prefer their decisions to the ones other people think they should decide.
I chose healthcare and an eight year old car and $100+ in savings a month whereas my similar earning coworker chose a new car payment.
Also people spend lots and lots of money on alcohol I notice - and the % of that spending doesn't change much with income - they just buy higher priced drinks.
- byuu 11y ago> Or people without large families choose bigger houses rather than perfectly acceptable ones that two generations ago couples with 7 kids would fit in. I think about this myself. I have a house that's probably three times the size I need. But I bought it because it got me into a nicer neighborhood. All of the affordable, two-bedroom houses are always in really seedy neighborhoods where cars are always broken into, the cops are always being called out to, etc.
- brianclements 11y agoThat's another great point, the more expensive house might not be because of size, but because of the strengthening bind between where you live and what that means for your chances at upward mobility.
- deleted 11y ago[deleted]