The "Price is Wrong"

Back in the day, I used to be a big Price is Right fan. That was back in the days of Bob Barker of course. I’ll never forget those cheesey props and games. I have to say though that some of those games were pretty good.

In 2014, I don’t know about you, but for me the “Price is Wrong”. Every single thing we pay for is increasing in cost. The sad thing about it is that salaries are either frozen, or only marginally increasing.

I’m far from genius, but it doesn’t take Einstein to figure out that costs can’t keep going up, and salaries not. Eventually somethings got to give. I believe we are starting to see that now.

The list of things we are paying more for just keeps getting longer and longer, including, but not limited to, Electricity, Natural Gas, Home Heating Oil, Propane, Gasoline, Groceries, Cellphones, Internet, Television, Vehicles, Houses, Property Taxes, Income Tax, Sales Tax, Insurance, and etc., etc., etc. You just can’t expect people to pay for all these things, and then have some left over to spend on leisure and other frills.

Now what we are seeing is that disposable income is at an all time low, but our appetite for buying stuff is at an all time high. These days, most of us have a lot of “wants”. The problem is that for many families these days, they can’t afford these “wants”. For most this means racking up a lot of debt (on credit card, line of credit, car loan, personal loan, etc.)

Moral of the story, this just can’t keep going on the way it has been. Eventually we will reach a breaking point, and when we do, the least of our worries will be having those “wants”. For many, it will be a struggle to keep what they already have.

My plan is to win the lottery,…as soon as I start buying lottery tickets 🙂