Why People Making $100,000 Per Year Don’t Feel Rich

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$100,000 Per Year. Back when I was in high school that was the ultimate benchmark for “making it” and being considered rich. But is it really still "rich"? We try to answer that question.

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Timestamps:
0:00 - Intro
0:25 - Wage Growth
2:46 - Cost of Living Categories
3:01 - Housing
3:38 - Healthcare
4:07 - Transportation
5:51 - Insurance
6:10 - Education & Tuition
9:18 - Regional Areas & $100,000

References:
https://time.com/6263989/six-figures-...
https://insight.kellogg.northwestern....
https://homebay.com/inflation-housing...
https://www.healthsystemtracker.org/i... capita out-of-pocket expenditures, 1970-2020
https://www.bankrate.com/loans/auto-l...
https://fred.stlouisfed.org/series/MV...
https://www.globalbankingandfinance.c... Costs Have Increased Quickly,the same vehicle and coverage.
https://www.cnbc.com/2022/05/06/this-...
https://smartasset.com/data-studies/d...
https://www.zumper.com/rent-research/...

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PS: I am not a Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel

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