If You’re Making More Money Than Ever But Still Feel Broke, Hear This

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The affordability crisis isn’t improving. Gas is above $4 per gallon, inflation just hit 3.7%, and paychecks aren’t keeping pace. This is a tough spot for the American economy, but why does it feel like we’re getting hit on all sides of the affordability spectrum? Today, I’m breaking down the American household’s affordability crisis, and whether it’s a modern spending problem or something much, much deeper. We’re going into each lever that’s curbing affordability in the United States: wages, prices, savings rates, which generations are being hit hardest (not much of a surprise), overconsumption, and subscriptions that used to be one-time charges. I’ll also track the progress from the past…