two_bit_score
Super Star Member
- Joined
- Dec 22, 2008
- Messages
- 11,728
- Tractor
- John Deere 110 TLB, Diamond C 19LPX GN trailer
They must think inflation makes them richer.Just to make you feel old... $20 in 1990 is nearly $50 today.
They must think inflation makes them richer.Just to make you feel old... $20 in 1990 is nearly $50 today.
Right. In reality they are getting $20 because the $15 they get is only worth $10 when they spend it. Way to go goberment. I mean who would have thought that printing billions of dollars and raising interest rates would devalue the dollar and cause inflation?They must think inflation makes them richer.
Inflation or recession. Choose your poison.Right. In reality they are getting $20 because the $15 they get is only worth $10 when they spend it. Way to go goberment. I mean who would have thought that printing billions of dollars and raising interest rates would devalue the dollar and cause inflation?
Seriously?The way things are going our total net worth has increased significantly in the past few years compared to the 4 before it, where it went down.
So yes, we are better off today than we were several years ago.
I'm not sure why that's not the case for others in my demographic? And definitely why it's not the case for folks that make more than us.
Wife and I make a tad less than average wages combined for a married couple. I make less, she makes more. We live below our means.
Does anyone do a net worth statement anymore? I ask my coworkers, and they all say NO. I tell them to do it for themselves. They all say NO. I ask why? They shrug their shoulders. I can't figure it out.
We've done a net worth statement at least annually since we got married. Now that things are electronic, it's even easier. It all goes into our financial software and updates almost daily.
Sounds like us (52 years this year). The key thing you said was "We live below our means." which most people don't do today.The way things are going our total net worth has increased significantly in the past few years compared to the 4 before it, where it went down.
So yes, we are better off today than we were several years ago.
I'm not sure why that's not the case for others in my demographic? And definitely why it's not the case for folks that make more than us.
Wife and I make a tad less than average wages combined for a married couple. I make less, she makes more. We live below our means.
Does anyone do a net worth statement anymore? I ask my coworkers, and they all say NO. I tell them to do it for themselves. They all say NO. I ask why? They shrug their shoulders. I can't figure it out.
We've done a net worth statement at least annually since we got married. Now that things are electronic, it's even easier. It all goes into our financial software and updates almost daily.
When I was in business, I had to submit a financial statement to the bank every year if I had any outstanding loans. After they were all paid off, I kept doing the statements for my own information about just where I stood financially.Does anyone do a net worth statement anymore? I ask my coworkers, and they all say NO. I tell them to do it for themselves. They all say NO. I ask why? They shrug their shoulders. I can't figure it out.
We've done a net worth statement at least annually since we got married. Now that things are electronic, it's even easier. It all goes into our financial software and updates almost daily.