IME, we tend to benchmark the cost/value of things, kinda like currency conversions when you cross borders.
In my 20s a car was five grand and a house was $32,500.
Now that I am a geezer, those are silly numbers.
Savings and investments likewise. Why, as a young man, a nest egg of say, ten grand was a fortune. Today, nah.
We were watching a House Hunters episode on HGTV and these two kids were searching for a starter home...in California. Budget of 1.2 to 1.4 million dollars.
Numbers like that blow my benchmarks away. Of course, looking at the window sticker on a fancy pickup does the same.
So, I am old enough to remember "Buddy, Can You Spare a Dime?"
Thought of that the other day when a panhandler inquired if I could spare a few bucks. Not spare change. Not a dollar. A few bucks. Inflation!
In my 20s a car was five grand and a house was $32,500.
Now that I am a geezer, those are silly numbers.
Savings and investments likewise. Why, as a young man, a nest egg of say, ten grand was a fortune. Today, nah.
We were watching a House Hunters episode on HGTV and these two kids were searching for a starter home...in California. Budget of 1.2 to 1.4 million dollars.
Numbers like that blow my benchmarks away. Of course, looking at the window sticker on a fancy pickup does the same.
So, I am old enough to remember "Buddy, Can You Spare a Dime?"
Thought of that the other day when a panhandler inquired if I could spare a few bucks. Not spare change. Not a dollar. A few bucks. Inflation!