I can barely cover a $500 emergency. I just had one. Bad wheel bearings on my old truck.
I got er done but I had to eat peanut butter sandwiches for a week or two after that.
Everything has gone insanely expensive but pay isn't going with it. In 4-5 years my mortgage shot up $500 a month due to the taxes and insurance in this retarded housing market. I'm not making $500 a month more in those 4-5 years, close, but the mortgage inflation has it beat just a bit.
Now factor in the inflation everywhere else, and my pay has NOT gone up enough to compensate.
I'm luckier than a lot of people, if the worst thing happened and I couldn't afford to live alone in my home anymore I could pick up a friend as a roommate, or just sell my shit and move back home to my parents home and build something on their property with the profits of selling the house.
Insurance is so heavily regulated as to be a form of taxation, in my opinion. Where it is not literally run by the government. Therefore, I think they are taxing people and hiding it somewhat.
I can barely cover a $500 emergency. I just had one. Bad wheel bearings on my old truck.
I got er done but I had to eat peanut butter sandwiches for a week or two after that.
Everything has gone insanely expensive but pay isn't going with it. In 4-5 years my mortgage shot up $500 a month due to the taxes and insurance in this retarded housing market. I'm not making $500 a month more in those 4-5 years, close, but the mortgage inflation has it beat just a bit.
Now factor in the inflation everywhere else, and my pay has NOT gone up enough to compensate.
I'm luckier than a lot of people, if the worst thing happened and I couldn't afford to live alone in my home anymore I could pick up a friend as a roommate, or just sell my shit and move back home to my parents home and build something on their property with the profits of selling the house.
Most people don't have those luxuries tho.
Insurance is so heavily regulated as to be a form of taxation, in my opinion. Where it is not literally run by the government. Therefore, I think they are taxing people and hiding it somewhat.