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What Should We Do When The Cost of Living Is Way Too Expensive?
The cost of living is ridiculous.
It doesn’t matter where you’re living. You have most likely felt the impact of rising costs of rent, food, and gas without seeing the same increases in wages.
Half of Americans can’t find $400 in case of an emergency. As inflation heats up, 64% of Americans are now living paycheck to paycheck.
This is freaking stressful. What should we do!?!?
I’ve talked to many of my friends and read several responses online about solutions. Here are some of the major themes I’ve seen:
- Save money
- Make more money
- “Lie flat”
- Move abroad
- What I’m doing…
We will briefly explore each theme sharing the pros and cons that I see. At the end, I’ll share what I have been thinking about.
I don’t have the answers but I hope sharing perspectives will (1) open your mind to something new and (2) start a helpful discussion towards solutions that are right for you.
Disclaimer: I know that I speak with a ton of privilege having grown up in a middle/upper-class family, being young and (relatively) healthy, having no dependents, being a U.S. citizen, etc. I…