"Healthy" inflation is between 2% and 3% annually. We are currently around 5% I believe, so the prices of good and service are increasing at twice the rate our wages are. HOWEVER, and this does not apply to everyone, as we all know, the best way to increase income is NOT to wait for your yearly review/pay increase. It is to sell yourself and have someone invest in you. Make yourself absolutely necessary to have around where you work. Be the person who can do it all, and know what it means. If you must, find a new career, or change employers. There is always a way to capitalize. Even at this time with the economy the way it is, shoot for at LEAST a 10% increase in salary per year. Until you are at the top, there is always room. Nobody should be sitting around complaining (although it is a lot easier).
Bottom line, get to work. Find a niche in a market and (for lack of better terms) exploit it. Fill your income gap and pad your savings account. If Americans as a whole would save more than -2%, yes, NEGATIVE 2%, we'd all be in a better place.
Did you know that the AVERAGE American has 9 credit cards? Are we all crazy? I for one, have 2. One I use for miles/points and the other as a backup if the first is compromised.
I'm not bashing on everyone, but as an econ major myself in college I learned that having a plan is the simple best thing you can do for yourself. And have a plan B. And plan C.
Sorry, just my 2 cents worth.
Really, it's not a well thought-out post at all. HAHA! Sorry all!
