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If you don’t want to be poor you should simply become rich (sh.itjust.works)
submitted 1 year ago by to c/linkedinlunatics@sh.itjust.works
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[–] -3 points 1 year ago (2 children)

I understand not everyone can afford to gamble $25 a week but it's not really the difference between eating ramen and eating steak. It's more like the difference between eating ramen and eating rice. It's not going to improve your life dramatically, your health is still going to suffer and it's not going to cover the cost of preventative care in the US.

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  • [–] 14 points 1 year ago

    $25 a week on groceries in 1997 is around $50 today based on currency inflation, not even accounting for purchasing power. That could easily make the difference between a nutritious diet and one that leads to chronic health conditions for people living paycheck to paycheck. In 1997, the average weekly expenditure on food per person in the US was $34. You could probably have survived off of $15/wk for food back then and maybe find an extra 2-3hr of minimum wage to meet your $25 investment, but it wouldn't have been pretty.

    Fun fact, a $25 steak today in the US cost about $8.50 in 1997.

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