SOURCES:
- https://www.theguardian.com/us-news/2023/sep/15/biden-economy-bidenomics-poll-republicans-democrats-independents
- https://abcnews.go.com/US/us-poverty-rate-jumped-2022-child-poverty-doubled/story?id=103130527
- https://www.cnbc.com/2023/08/31/63percent-of-workers-are-unable-to-pay-a-500-emergency-expense-survey.html
Enjoy your strong economy, everybody!
I was just talking to somebody about this. It’s simultaneously so confusing and so depressing. I work hard, try to do everything right but I can’t afford shit. Everyone I know and everyone around me lives in a damn mansion and drives around in 70k nice ass cars. Then they go to the Swiss alps or something for 3 weeks on vacation. I’m over here figuring out how I can make purchasing a camping permit for a 3 day weekend work…
If everyone is in debt they suuure don’t live like it. I just don’t understand it.
Some of these people might have family money (trust funds, inheritances, or gifts). Some might be older and more established (meaning they have more savings and less debt, bought their home long ago). Couples in general can afford more than single people. Childless people or people with older children who are now living on their own can afford more than people with kids at home. Some people don’t talk about their moonlighting/side hustles.
And some people have debt.
The problem with your logic is that you don’t know the financial situation of “everyone i know and everyone around me”
That’s not to say they are being smart and wise with their money or that they aren’t struggling. But it’s very easy to have only some context (their vacations, cars, and excess) and make bad inferences on their financial situations.
Have you asked these people, all of them, how they are managing this excess that feels impossible for you to meet yourself? You might find their financial situations are much more complex than appears and you aren’t actually on the same playing field
You’re completely right. It’s more of just how it feels looking around. It just seems like everyone has all this great stuff and lives in these big giant houses and I’m just not able to do that. It’s also probably one of those things where I’m just subconsciously blind to all the other people that aren’t living like that around me.
There are several friends that are definitely living very large and I have absolutely no clue how they are managing it since I know what them and their spouses do for a living. I’d love to know what the hell is really going on but it’s a bit awkward to bring up lol