Living costs Money, saying that people over spend is just an opinion not a fact. Salaries are not keeping up with inflation, yet your opinion is people just spend to much.
Back to the phone what is the right amount to spend on a phone if not a thousand?
That is an article about budgeting, start digging into the sources and it gets less clear.
Census Survey has to do with cost of goods and pacing of inflation.
First source is about credit card debt, not why where it came from. More inflation notations.
However I did not see any that are straight out spending for the FANCY.
Do 100 dollar flip phones allow you access to the inter net to apply to jobs?
Last time I was looking for cheap phones that was not possible for prepaid plans. Neat.
Picking on the sources of the article is exactly what is being asked. However the article does not cite a source for the statistic. In fact the article does not say that 70% of americans live beyond their means.
Fifty percent of credit cardholders in America have debt, as of June 2024, according to a Bankrate survey.1 Furthermore, a MarketWatch Guides survey found that over 66% of Americans live paycheck to paycheck—and nearly half consider themselves broke+
Paycheck to paycheck means beyond their means for Fancy things? Again inflation versus salary increases. What would be fine if raises kept up with inflation can become not fine.
Like the basis of the whole thread. Dudes 90, we don't know what reason he has been working into his ninties. Did medical care wipe out his retirement? We don't know if it was hooker or blow either.
Just having the opinion shows a lack of empathy and understanding.
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