Experts Confirm: The Cost of Living is Rising Faster Than Incomes


Experts Confirm: The Cost of Living is Rising Faster Than Incomes

Denver, CO (ContentDesk) January 13, 2006 - According to The Wall Street Journal, pre-Christmas government figures show U.S. consumers to have spent around $39 billion dollars more than they earned in 2005. National spending has not outpaced earning since 1933. What does this mean? People are tapped out and living on the edge. If they have enough to pay the bills in a good month, a medical emergency, a credit card minimum payment increase, etc., is likely to send them over the edge. This scenario is rapidly becoming more the norm than the exception.

However, author Susan Boskey says we need to dig deeper for the real reason. Her newly released book, The Quality Life Plan”: 7 Steps to Uncommon Financial Security, www.alifestylerevolution.com goes where none have dared to go when it comes to long-term financial solutions. In this remarkable new book she spells out a personal finance concept (based on an overlooked piece of public domain information) designed to reverse the economic vulnerability of the middle class.

Quality Life Plan blazes the trail with its groundbreaking how-to personal finance system that challenges conventional thinking. Families USA just released a study stating, Health insurance premium costs rose at least three times as fast as wages since the year 2000. Tony Crescenzi, a Miller Tabak bond market strategist said, “The CPI is correct in measuring consumer prices, but it’s not correct in measuring the cost of living.” The New York Times, on July 18 of this year reported, The amount of money workers receive in their paychecks is failing to keep up with inflation.Ms.

Pages: 1 2

You might be interested in these entries too:

Experts Confirm: The Cost of Living is Rising Faster Than Incomes

Denver, CO (ContentDesk) January 13, 2006 - According to The Wall Street Journal, pre-Christmas government figures show U.S. consumers to have spent around $39 billion dollars more than they earned...

Yearly Long Term Care Costs Increase 15% Since 2004 to Nearly $75,000 in 2007 According to Annual Study by Genworth Financial

Genworth Financial's 2007 Cost of Care Survey found the average national cost of care for nursing homes, assisted living facilities and in the home has steadily increased over the past...

Responses to 'Experts Confirm: The Cost of Living is Rising Faster Than Incomes'


  1. No Comments

Leave a Reply





eXTReMe Tracker