Subj : Re: Money (was: Re: Calen
To   : JOE MACKEY
From : NANCY BACKUS
Date : Sat Oct 05 2019 15:19:00

-=> Quoting Joe Mackey to Nancy Backus on 09-30-19  06:02 <=-

 >  JM> end of the year I mark that year on the front and
 > (dropped off again... I'm guessing "and filed them away", or something
 > like that...?)

 JM> Righto.  
 JM> Hey, you're getting good at making out my drop offs.  :)

Sometimes the context is good enough to make an intelligent guess... ;)
 
 JM> I find it interesting reading how much I made and spent over time.
 JM> Youngsters today have no idea that one time people could make $200 a
 JM> month and pay taxes (federal/state), pay rent, buy groceries, a car,
 JM> utilities, spending money, etc and still have money left over at the
 JM> end of the month. I have spoken to people who have the belief
 JM> (because they know no better) that what something cost today is what it
 JM> was then and how in the world someone could live on only a couple
 JM> hundred a month which today would be over a thousand.
 JM> They just assume anyone making $50 a week had current expenses.

Or, on the other hand, they hear about expenses back then, and just
assume that one would be earning the same back then as is earned now...
and think how reasonable things used to be.... <G>

 JM> A rule of thumb is multiply income/outgo at 10.
 JM> I.e,, some that was 20 cents years ago is now $2.  
 JM> Gas was once say 32 cents a gallon, that would be $3.25 today.
 JM> Taking into account money earned, it all somewhat balances out.
 JM> I like to use http://www.westegg.com/inflation/ comparing then and
 JM> now. When I was in the Navy I made a whole $150 a month, or there
 JM> about.  But then I have free room and board.  :)

It does all balance out somewhat... and what was true then is still true
today... one needs to spend less than one takes in, and keep track of
prices to get the best deals... ;)  The one thing that has changed for
the worse, though, is interest rates on savings... gone are the days
when one could get 5% on one's simple savings account....
 
 >  JM> That's to be another winter project, going to go through a lot of
 >  JM> stuff in there.
 > Assuming that you don't get called in to work regularly to cover for the
 > regulars.... ;) 

 JM> One can only hope.  :)
 JM> Joe (I gotta clean out that closet some day).

And that will never happen if they keep working you to death... <G>

At least you were able to get away and do your Grand Trip.... :)

ttyl        neb

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