3 Things You Won’t be Able to Afford in 5 years!!!!
Middle Class used to mean something, you might not be the richest in town but you made enough to get by and have a little over for perks like vacations, a nicer home and even savings BUT with the current inflation experts are predicting in 5 years many of these you will not be able to afford.
We have all seen how the middle class was able to enjoy life more like owning a home, with the current mortgage rates and the rumor that the Feds will raise them even higher, purchasing a home will be harder to achieve.
Also buying a new car, again with the current interest rate, it will make monthly payments will be harder to afford. So you will be keeping your current car much longer. With the cost of daily purchases like groceries and the ever rising cost of groceries it leaves little money for new homes, new vehicles and indulging in luxuries like, a family vacation.
It also effects future goals like sending your kids to college and saving for retirement. But looking ahead, there is good news! Knowing these rising costs gives you the opportunity to better prepare. I am someone who cares deeply about my financial well-being, you can prepare, I urge you, the middle class, to start planning wisely now to weather these possible storms and keep their dreams within reach. Biggest advice don't use your credit cards, only for an emergency and cut out all the fast food meals, it will save you money and be better for you!
These are the Items You Should Be Buying At Sam's Club
Gallery Credit: Lori Crofford