Living for today - Planning for Tomorrow
The 1920s, also known as “The Roaring Twenties,” was a decade marked by significant economic growth and social change. However, the decade got off to a rocky economic start. The cost of living in 1920 was high due to the inflation America experienced during the war. The rising cost of necessities like food, fuel, and housing likely put financial pressure on American families. To make
The COVID-19 pandemic isn’t the only time Americans have had to endure sudden price increases. Similarly, the cost of living in 1917 surged due to World War I. From December 1916 to June 1920, prices increased at an 18.5% annualized rate according to the Bureau of Labor Statistics. Food, clothing, and other essential goods all became more expensive and harder for the average family to
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
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
In 1962, the Beatles released their first single in the UK and Spider-Man made his debut in the Amazing Fantasy #15 comic. It’s hard to believe that over 60 years have passed since that important time in history! A lot has changed since then, including the price of consumer goods. The cost of living in 1962 was much lower than it is today. Believe it
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
It’s possible to achieve financial independence no matter where you live if you save and invest the majority of your income. But if you move to a place with a low cost of living, you won’t need as big of a nest egg to exit the workforce. Here are five of the best places for financial independence around the world. 4 Best Places for Financial
