#Affordable50YearsAgo #RichOnlyNow
In today’s fast-paced world, it’s no secret that the cost of living continues to rise, making it increasingly challenging for the average individual to afford the luxuries that were once within reach. Have you ever wondered what was considered affordable 50 years ago, but now only the wealthy can afford? Let’s dive into some prime examples and explore practical solutions for those facing this dilemma.
The Cost of an Education 📚
Back in the day, pursuing higher education was relatively inexpensive, with tuition fees being much more affordable compared to today’s sky-high costs. Graduating debt-free was a reality for many, but now it seems like an unattainable dream for most.
🎓 Solution: Look into scholarships, grants, and financial aid options to help offset the high cost of education. Consider attending community college for the first two years to save money before transferring to a four-year institution. Online courses and certifications are also great alternatives to traditional college degrees.
Owning a Home 🏠
Owning a home used to be a feasible goal for the average American, but in today’s housing market, skyrocketing prices have put home ownership out of reach for many. The dream of having a place to call your own is now reserved for the affluent.
🏡 Solution: Consider renting a more affordable apartment or house instead of buying a home. Look into government programs that offer down payment assistance or affordable housing options. Think about investing in real estate crowdfunding or purchasing a smaller, more affordable property.
Healthcare Costs 💉
Medical expenses were much more affordable decades ago, with healthcare being more accessible to everyone. Now, exorbitant medical bills are a common occurrence, causing financial strain and bankruptcy for those unable to afford quality healthcare.
🏥 Solution: Research healthcare savings accounts, health insurance plans, and government assistance programs to help mitigate the high costs of medical care. Consider telemedicine services, community health clinics, and prescription discount programs to save money on healthcare expenses.
In conclusion, the gap between what was once affordable for the average individual 50 years ago and what only the wealthy can afford now has widened significantly. However, by exploring alternative solutions, seeking financial assistance, and being proactive in managing expenses, it is possible to navigate these challenges and find ways to achieve your goals despite the financial constraints of modern society. Remember, with a little creativity and perseverance, anything is possible. 💪
A house
Reasonable living standards.
A house
Living
College education
owning a home was much more affordable for the average person compared to today
Horses
Housing, education, most high quality food, vehicles etc etc.. you can still get those things but you will die in debt
A new comic book from 50 years ago.
Everything
Well, more than 50 years ago, but lobster. In New England It used to be used by prisons to feed inmates. Plentiful, cheap, and kinda gross, so no one else was going to eat it.
In general, 1945 to 1975 USA is a bad bench mark. In the 1950s the whole world was rebuilding after world war 2 and the US was THE manufacturer for everyone. Very little competition and absurdly high wages. For the only time in US history, blue collar, no education jobs allowed a house and car(s) on one income. Never before or since has that level of income worked for the average job. By the time we got to the mid 70s, inflation caught up and in the 80s deregulation under Regan started putting all the profit into the wealthy’s hands instead of the workers. Since the owner class was largely baby boomers – the largest voting block, the government didn’t step in to help (Republicans rarely do).
Ivory
Tickets for events.
Decent cocaine
Everything
*cries in ontario* 😭
Disneyland
A free press.
A summer house. I know many families that have an old house on a lake that they go to in the summers. It’s been passed down for a couple generations. Nobody in the current generation could afford one but some how a family with a single income bought it 50 years ago and the man’s wife and wife and kids would spend the whole summer there and he would go up on weekends.
Very large families, as in having 4 or more kids
Chicken wings, nobody should be paying $2 per wing
Privacy
A middle income starter home.
Disney has gotten crazy expensive.
Going to sports or concerts.
Automobiles. My first car cost me $3255. My current one cost me nearly $40,000
Fifty years ago, owning a home was more affordable for the middle class. Today, skyrocketing housing prices have made homeownership a luxury accessible mainly to the wealthy, leaving many struggling to afford decent housing.
Life
What is not?
Lobster. They used to feed it to prison inmates since it was considered a type of throwaway food
A new car
Healthy food
Justice the rich can get away with literally anything
Health care.