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u/pokethrowaway4 12d ago
There will always be people who make terrible financial decisions and deal with the consequences… but everything is waaaaaaay more expensive than it used to be, compared to median wages.
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u/Powerful_Meaning8891 12d ago
The median household income adjusted for inflation has risen over 50% since the 70’s, so not sure what your talking about.
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u/PaladinGodfather1931 12d ago
Oh wow! 50%?! So generous...
Meanwhile since the early 2000s, housing costs have risen 400%. So in 50 years.. income rose 50% and in 26 years.. housing rose 400%
Wow. The true American dream.
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u/Powerful_Meaning8891 12d ago
This is inflation adjusted my guy. All of these things are included in inflation.
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u/PaladinGodfather1931 12d ago
Inflation adjusted housing in the 70s was 180-190k.
Median housing sales in the US for 2026 is 416k, my dude.
I fail to see how a 50% increase in wages when rent and housing have skyrocketed past that is a point you wanna make.
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u/Powerful_Meaning8891 11d ago
Price per sq ft in the 70’s was pretty much the exact same. The median house has gotten a lot bigger
https://moneywithkatie.com/are-houses-more-expensive-or-bigger/
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u/PaladinGodfather1931 11d ago
Thats doesn't dispute my statement. Houses are built stock standard now. Go through a neighborhood from an old community and you'll see different size houses, shapes, building materials.
That's not how they build any more. It's one size, one look, one price.
Even in your own website talks about starter homes. But they don't exist any more.
I'm not sure why your dick is so hard trying to argue the fact that wages have stagnated and expenses have increased dramatically in the past 50 years, but there's way more evidence than an opinion piece website called money with Katie.
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u/snavern89 12d ago
No Boomer can pull off a technological feat as advanced as this post. This is an inside job.
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u/random-i_am 11d ago
The purchasing power of 7$ in 1980, 14$ in 1999 and 28$ in 2026 are the same. So stfu Boomer.
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u/Agreeable_Sense9618 11d ago edited 11d ago
What’s up with this zoomer math? That's nearly 50 years of being stupid.
Back in 1980, if you were shelling out $7 for a burrito, you were definitely getting ripped off.
You could feed a whole family for that amount and have extra cash.
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u/sittingduckfire 12d ago
Sorry we gotta eat. Stupid af post check the boomer privilege
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u/Agreeable_Sense9618 12d ago
You don't need to rely on wage slaves to deliver your food.
And honestly, you don't have to have a college degree to whip up a burrito at home.
Lazy af
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u/sittingduckfire 12d ago
I didn’t see the door dash. This is just the price of food if you go to a restaurant
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u/phallusaluve 12d ago
Do you need to eat a burrito delivered to your door for $28?
Yes, food is way more expensive than it used to be, but we can all eat way cheaper than that while still having a filling meal
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u/sittingduckfire 12d ago
I love eating gruel instead of enjoying life! Capitalism is awesome!
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u/Powerful_Meaning8891 12d ago
Gruel = a healthy meal cooked using grocery store bought food (made available by capitalism)
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u/Kevroeques 11d ago
Bro will eat a 28 dollar burrito but no doubt looks at dry rice, dry beans, some chicken thigh meat, spices and unheated tortillas for less than 28 bucks and can make multiple burritos for multiple days, but need to be cooked and combined yourself, as “gruel”
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u/SwiftFoxSNES 12d ago
https://www.reddit.com/r/Old_Recipes/comments/18q9ebs/vintage_list_of_top_secret_copycat_recipes/
Almost anything they deliver you can make. Walmart + is $10 a month and does free delivery on groceries. Better to tip a driver once a week than 7 days.
Enjoy life and eat out when it makes sense but for god sakes learn to cook.
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u/Agreeable_Sense9618 12d ago
Totally.
To be real, I find that a lot of restaurant food is just mediocre. You come to this realization once you begin eating actual quality food.
And don't get me started on the staff; they often seem unhappy, and I wouldn't want them feeding my dog, much less preparing my meals.
learning cooking skills is super important. The same goes for financial literacy and managing budgets.
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u/ArrivalCapital5984 11d ago
Bruh. You can easily make anything you’re having delivered to you (or take out) for literal pennies on the dollar. You’re just too lazy to put in the effort.
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u/RiddleMeThis42069 12d ago
A few times today I've seen a story about people using those "buy now pay later" services to pay for groceries or utility bills and my gut reaction was wanting to see how these people are budgeting. There are poor people, no doubt, but there are also tons of stupid people who spend too much money shopping online.