A staggering 80% of American households are worse off than they were before COVID-19 — how to shore up your finances now before a strong current carries them away
finance.yahoo.com
Only the richest 20% have held onto their COVID savings.
  • Potatos_are_not_friends@lemmy.world
    92·
    8 months ago

    I got a nice bump in salary every year, and then my taxes picked up and it’s all gone. I literally made 1% more than I did four years ago.

    I’m seriously considering jumping ship, as it’s the only way to truly increase a salary in my industry.

    • guyrocket@kbin.social
      8·
      8 months ago

      Seems like the grocery bill alone is enough to eat up any increases in pay.

      And it seems crazy that shopping around pays better than staying put but that’s usually how it is.

    • SheeEttin@lemmy.worldEnglish
      6·
      8 months ago

      It’s true of every industry. No company is going to pay you more just for sticking around.

    • TunaCowboy@lemmy.world
      5·
      8 months ago

      Where are you located? Tax rates are progressive in the US, or are you including a property tax bump or something in your calculation?