Why does $1000 feel like $100 now?
Discussion
A stack of 100 $1 bills would be approximately the same dimensions and weight of 100 $100 bills. That might be it. Just guessing. 🙃
When I was 18 a $100 could go a long way.
Seems like several years later at 25, I easily spend $1000 without even trying. Trust me I am living like a minimalist atm to save up everything I can.
Oh. I agree. I can’t feed my family for under $100 if we dine out.
Fiat depreciation.
The government's (hidden) inflationary tax.
😢
Maybe your pay check got bigger.
The inflation also plays a huge role. I rememmber for 1,40lev ≈ $0.75 you was able to get pretty good pizza 4-5y ago. Now 3leva wouldn't be enough in most places. Even the most famous fast food here in Bulgaria, the düner, got from 1, 2 and 3leva for small, medium and large to 6, 7 and 8leva in the last several years.
I remember when $50k a year was what a lot of people were trying to achieve in life. Now $100k is the new $50k.
$250k is considered a cushy life now. But if your spending it as fast as it’s coming in you might as well just be poor.
That’s part of the problem, it’s a credit society and people spend money like mad and wonder why they have none and can’t get ahead in life.
It’s not how much you make, it’s what you do with it. Sometimes you just gotta sacrifice and live way below your means, especially during tough times.
We do this to ourselves and only have ourselves to blame for our spending habits. At some point you have to ask yourself, how much money/material items do you really need in order to live a humble life?