I just read an alarming statistic online…
According to Moneywise, a third of Americans earning $150,000 a year or more say they’re living paycheck to paycheck and many rely on credit cards to close the gap.
That’s insane.
Living in the US has gotten so expensive that even those doing really well can barely afford to live here.
I’ve been traveling a lot during the past year…
All over Europe, South America, Asia…
Yet I spend pretty much the same and sometimes even less than if I were living in the US!
So inflation is real – and I don’t expect things to get better any time soon…
Not only that, but check out this chart:
This clearly shows that extra savings run out for most US households.
So people are being forced to tap into their savings pretty heavily.
As far as I know, there are 2 things you can do to combat this and secure your quality of life.
Cut any unnecessary expenses and increase your income.
After a certain point, you cannot cut more expenses…
But we might be able to help with potentially increasing your income through options trading.
If that is something you’re interested in, check out Simplified Options Superstars.
Good Luck Trading,
Russell
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