Due to the inflation we’ve experienced over the past couple of years, cost of living has become a hot topic. As a result, you may be curious to know what the cost of living was like in decades past. The 50s is an interesting time in history to look back on as the economy was booming and wages were rising. Let’s take a trip down
What Was The Cost of Living in 1957?
The 1950s are remembered fondly as a simple, nostalgic time in American history. After the war, the economy boomed and allowed the average family to enjoy relative economic prosperity. However, Americans still had to work hard to afford the cost of living in 1957 and save up for major purchases like homes and cars. Let’s take a closer look at how households spent their money
What Was The Cost of Living in 1955?
Can you believe that 1955 was nearly 70 years ago? You can still catch reruns of popular shows from that year (such as I Love Lucy and Gunsmoke) on TV today. Although 1955 may feel like yesterday to some of us, times have changed, especially when it comes to money. The cost of living in 1955 was significantly lower than it is now. Americans got
How to Protect Your Maritime Business
If you own a maritime business, do what you can to protect it. Whether it’s monitoring your security or preparing for an emergency budget, there are many ways that you can ensure that your business continues to thrive. Here are some tips that you should consider. Watch Company Expenses How is your company overhead? Have you been overspending to the point where you’re in a
How to Deal With Recession Fatigue
Recently I read an article about recession fatigue. It’s a feeling of financial exhaustion that many Americans are dealing with right now. For over two years, we’ve been faced with a lot of economic uncertainty. The pandemic caused many workers to get laid off and record levels of inflation have strained our budgets. Now we may be heading toward another recession in 2023. It’s been
How I’m Coping With Rising Inflation
If you’ve noticed that you’re spending more than ever on gas and groceries, you’re not alone. Over the past year, consumer prices have increased by 5.4%. Annual inflation usually sits at around 2%, so this is a big change for all of our budgets. Although wages have been increasing in many industries due to labor shortages, experts say that they may not be rising fast
Is Gold A Good Investment
Many people believe that gold should be part of an investment portfolio. It is perceived as an essential component of a portfolio as it tends to hold its value better than many other types of assets. Why Invest in Gold Gold is respected throughout the world. It is considered as a reliable investment which, with time, has become easier for more people around the world
What People Should Know about CFD Trading Regulation
Although CFD trading could represent a good opportunity to profit from short-term price movements, there are some important changes that took place in Europe in the summer of 2018, changes that impact how retail investors can invest in CFDs. The European Securities and Markets Authority (ESMA) adopted under Article 40 of the Markets in Financial Instruments Regulation new measures that started to apply since August
5 Small Companies to Watch Now That Legalization Is Here
With Canada federally legalizing cannabis, there are now several small cannabis producers, growers, and manufacturers could see explosive growth in the near future. There is so much optimism in the market that it’s bringing new attention from those that may have previously ignored. Keep your eye on these companies that are now publicly tradable. Green Growth Brands Green Growth Brands just began trading on the
7 Online Businesses to Start with Zero Investment
We should be grateful to the life we are given because we live in the age of possibilities. Now it’s easier than ever to start your own business, travel around the world, meet different people and different businesses online, educate ourselves and learn from the best physically and digitally. Most importantly, we should be grateful for the opportunities to make money online, especially when there