Remember this next time you get your yearly review/raise. 4.2% is what you need to stay even, anything less is a pay cut.
Many people here make more than they spend, and this is simply inaccurate when that's the case. edit: I've explained how this works in a reply below.
US Consumer Price Index up 4.2%
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Re: US Consumer Price Index up 4.2%
#12Remember this next time you get your yearly review/raise. 4.2% is what you need to stay even, anything less is a pay cut.
Many people here make more than they spend, and this is simply inaccurate when that's the case. edit: I've explained how this works in a reply below.
But if you don't mind, I'll take 4.2% from your pay.
Re: US Consumer Price Index up 4.2%
#13Remember this next time you get your yearly review/raise. 4.2% is what you need to stay even, anything less is a pay cut.
Many people here make more than they spend, and this is simply inaccurate when that's the case. edit: I've explained how this works in a reply below.
Re: US Consumer Price Index up 4.2%
#14Re: US Consumer Price Index up 4.2%
#15Remember this next time you get your yearly review/raise. 4.2% is what you need to stay even, anything less is a pay cut.
Many people here make more than they spend, and this is simply inaccurate when that's the case. edit: I've explained how this works in a reply below.
Re: US Consumer Price Index up 4.2%
#16Remember this next time you get your yearly review/raise. 4.2% is what you need to stay even, anything less is a pay cut.
If you're at $5,000/month, a 4.2% raise puts you at $5,210. If you're spending $600/month on gas (not unreasonable for someone that drives an SUV and lives in the suburbs instead of in the urban core), you still come out behind.
Re: US Consumer Price Index up 4.2%
#17Regressive consumer tax due to tariffs?
Regressive consumer tax due to going to war with a country for no real reason
https://www.drewry.co.uk/supply-chain-advisors/supply-chain-...
Re: US Consumer Price Index up 4.2%
#18All of the increase is from energy. Oil prices.
Re: US Consumer Price Index up 4.2%
#19All of the increase is from energy. Oil prices.
Re: US Consumer Price Index up 4.2%
#20Earlier quoted context omitted.
Many people here make more than they spend, and this is simply inaccurate when that's the case. edit: I've explained how this works in a reply below.
How is it inaccurate? If I only care about buying apples, and apples get 10% more expensive, and my salary only increases by 5%, then I can't buy as many apples as I could have before. How many apples I do actually buy in the end is irrelevant to the calculation.