INFLATION IS OUR FAULT? | Meatless America? & The Rising Consumer Debt Problem | Car Chats w/ Sarah
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- Опубликовано: 11 июл 2024
- Cost of Groceries Strikes Again??
This week I went to the grocery store and spent 30 dollars buying protein Filet mignons cost $50 now. I’ve literally changed how I buy AND EAT my groceries.
I split my bagels and cream cheese in half, by eating only half a bagel for breakfast.
I’ve been planning this for a while, but my goal is to eat at home as much as possible for December which is why i’m calling this month Dine at Home December to see how much I can try to save, especially going into grad school again in the spring.
*Meatless America? Own Nothing and Be Happy?*
There is an anti-meat push in America by the UN to get all these countries to reduce meat consumption.
I can tell y’all right now, there is nothing that is going to come between me and my steak (champaign taste but beer budget (i am a big filet and prime rib type of gal), chicken, or pork.
I’m not giving up meat and i’m not eating bugs.
There is also an agenda that we will eat ze bugs by 2030. This also goes along with the agenda of owning nothing and being happy. I can promise you one thing, I will not be eating bugs in 2030. They are probably right about not owning anything, because the price of getting into a home is so ridiculous and unaffordable…most people in their 20s and 30s are unable to get into a home.
*Consumer Debt In America*
My tiktok for you page has really been accurate lately. i have seen videos where 27 year olds are moving back in with there parents and they have like 30K in debt. I’m like, relatable. Realistically, if I didn’t live at home, I would not be attending grad school without loans.
It’s funny because my parents will make all sorts of comments about credit cards and debt, but then we find out that he had a bunch of debt on credit cards when he first started dating my mom like in the 80s.
You do what you have to. Pay what you can and put in on the credit card. Using your debit card is actually finally risky, because it’s direct access to your money whereas on a credit card if someone gets ahold of it, you can dispute.
*Inflation is Our Fault?*
If people are so mad about high prices, why do they keep buying so many expensive things?
Of course, we are still spending money. Among the bare minimum like food, electric and water and rent and car expenses.
New cars - ya, got to have relible wheels to get to your job, leases on cars are probably up, etc.
Dishwashers - again, kind of essential for a household appliance - for thsoe who have one. I don’t. hence paper plates.
Cruise vacations - it’s called work life balance for a reason.. Consumers won’t just stop because of inflation.
It’s either spend or be depressed and unhappy. Some people are investing in items that will help them outside of there 9-5, like a new laptop or other items that can be used to start “side hustles.”
I saw a tiktok that was pretty relevant to this. and it was like: enjoying my little treats because if the US government doesn't care about their debt than why should I.
I saw another one that made me chuckle and it was like: If the us has this much debt, they can worry about there own credit score and leave me alone honey.
Finally, I’ll end this chat with a few stats:
American worker’s wages have been reduced by 4.50 an hour because of inflation LAST MONTH.
The average American is paying an inflation tax of 13.5% (so like a second income tax.)
The middle class has lost more than $2 trillion in wealth since 2022.
We’ve covered a lot in today’s chat. I hope you enjoyed it. I hope you learned something new. And if you enjoyed it and want to check out more of my content, hit that subscribe button. I will see you all in my next video! Bye!
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00:00 Introduction
01:58 Cost of Groceries Strikes AGAIN!
03:33 Meatless America? Own Nothing and Be Happy?
05:44 Consumer Debt in America
07:37 Inflation is Our Fault? Atlantic Article
Support. We are also hoping to go the no-mortgage route and we are doing a delicate dance of balancing all of these priorities vs absorbing risks or laying low and saving our strength. It's crazy. So nerve-wracking. You wake up every day worrying about the same things and trying to make the equation work well.
I moved back in with my parents and my net worth is 500k. Was looking at 300k house and figured I would just put 150-200k down. The mortgage would still cost me $1700 a month plus I would need to do repairs and buy furniture.....And this was a condo! HOA are also ridiculous. I aint participating in this crap. So the other problem is I would want to buy cash, but if the price of houses go up more then you can save in a year well then SOL. I can save 70k a year, but what the hell is someone supposed to do that's not in my position? Im a Nurse and my take home a year is 140k.
you can save your money with buying golden if you have any extra at the end of the month. It may go down in a short time but in a long run it saves the value
Try fresh fields for meat. Produce is way cheaper too. And they have a giant variety.
Mortgage rates will come down, just wait. Two years tops.
Holy smokes girl u look like ur in ur early 40s, just wow
oh no she looks gorgeous!
That sounds like something a 16 year old might say about a 25 year old.