dmnieren

Better Off Now Than 5 Years Ago?

I keep pretty detailed expense records (part of running the finances for my wife's business) and I can say with certainty that our day-to-day expenses are more than 30% higher than they were 5 years ago. However, I'm lucky in that my salary is 50% higher, so I'm better off, but I can certainly see where a heck of a lot of people who haven't had such good fortune would be in a world of hurt.

By the way, we're not living any richer, we're putting that money away for buying a house when (hopefully) the market is closer to a bottom. We still have the same car as 5 years ago, etc etc.