Brought to you by the Every Dollar app. Start budgeting for free today.

Today's question comes from Chris in Michigan. I know this may be a silly question to ask.

However, if I hear your advice on this, I might feel much better. A couple of weeks ago, I went to the grocery store to get a few snacks and items for the week, and the total cost was $100 with coupons.

Then on my social media, I started seeing reels and TikTok videos about how bad inflation is

today compared to the 1980s and 90s. They say that $300,000 is the new $100,000 in buying

power for homes or to be considered well off. Is this what is what I am

seeing just more than inflation fear porn or is everything getting worse out there? And I'm just now

noticing what are your thoughts? Thank you God bless oh okay so Rachel I've seen

these videos yeah there's this real estate guy out there who makes all these

videos comparing the 1950s and 60s and 70s and the prices then versus what it

takes now and the incomes now yeah and how much more impossible it feels yep and

all it is is really rallying people up to get clicks and views.

And the data is skewed. I mean, even on that video, it says it has one of those like

context needed, click here, like one of those warnings from Instagram that's like this isn't

totally factual. Oh, no way. Okay. This was taken out of context from this data from 1950s that

only took into account this and that.

So I'm not sitting here to parse out this guy's data and debunk it.

But is inflation really that bad for some people?

And if you follow the Ramsey plan and you've been on a budget and you've stayed out of debt,

inflation feels more like a pinch than a punch.

And depending on where you are in your housing market

and your lifestyle and if you're in Canada, goodness gracious, our friends in Canada are going through

...