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Epic Economist, 5/23/24
"15 Things That Will Become Priceless
For The Middle Class In The Years Ahead"
"As inflation creeps up on us all, there are things average Americans won't be able to afford anymore, according to experts. People have lost a significant share of their buying power over the past few years, and now they're having to cut back on everything. From occasional luxuries to daily necessities, Americans are having curb spending to make ends meet, and that trend is here to stay. Economic imbalances will even make it harder for our incomes to keep up with the rising cost of housing, fuel, food, and energy in the coming years. That's why we should prepare to tighten our belts if we want to achieve our financial goals.
Looking ahead, economists seem worried about the future. With personal savings dwindling and debt levels skyrocketing, life can become tougher for middle class families over the next five years, said Alyssa Huff, real estate expert and owner of Sell House As Is. Even simple pleasures such as vacations or buying nice things could become more challenging. Today, we compiled a list of goods and services that may soon be out of the reach of millions of households, so you can brace for what's coming next."
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